Detail akcie Legend Oil online

Business Summary: Legend Oil and Gas, Ltd. is an oil and gas exploration, development and production company. The Company has principal operations in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. The Company’s oil and gas property interests are located in the United States (Kansas and Oklahoma). The Company holds interests in Black Diamond Energy Holdings, LLC (Maxxon). Maxxon is a trucking and oil and gas services company that operates in North Dakota. The offers hauling services for institutional drilling and exploration companies as well as crude oil marketers. The Company performs hauling services for institutional drilling and exploration companies, as well as crude oil marketers. The Company’s wholly owned subsidiary is Black Diamond Energy Holdings, LLC and its wholly-owned subsidiaries Maxxon Energy, LLC and Treeline Diesel Center, LLC.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2016, Legend Oil and Gas Ltd revenues decreased 12% to $3.9M. Net loss applicable to common stockholders excluding extraordinary items decreased 52% to $6.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Change in fair value of embedded derivat decrease from $6.6M (expense) to $0K.