Arkanova Energy AKVA · USD

Market value

$5,418

Last close × shares

Volume

100

Shares, 30 Oct 2026

Its shares trade under the ticker AKVA. It has been listed since 14 February 2006. In the fiscal year to 30 September 2016, it reported revenue of $351,312 and a net loss of $4.0m. At that date it held total assets of $567,844 and shareholders' equity of −$19.0m.

Arkanova Energy Corp. is an exploration and junior production company, which engages in the acquisition, exploration and development of oil and gas properties. The company is headquartered in West Lake Hills, Texas. The company went IPO on 2006-02-14. The firm is engaged in the acquisition, exploration and development of prospective oil and gas properties. The firm holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. The company holds interests in the Two Medicine Cut Bank Sand Unit (TMCBSU) in Pondera and Glacier Counties (the Unit), Montana. As of September 30, 2016, the Unit covered approximately 9,900 acres. The Unit is located at the far southern end of the Cut Bank Field and is part of the Blackfeet Indian Reservation. As of September 30, 2016, the Company had leases of mineral rights in approximately 50,000 acres of prospective oil and gas lands located in Phillips and Monroe Counties, Arkansas. As of September 30, 2016, there were 75 net oil wells on the lease, of which 36 were oil producing. The firm's subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.

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