As we come up on the mid-day of trading, the major markets are about even.
The OTCBB market has one stock that is really on the move this morning. The company is Savoy Energy Corp. (SNVP.OB). The stock is currently up over 100% today trading at $0.32 per share on volume of 8,870,025.
About The Company
Savoy Energy Corporation is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying abandoned oil and gas assets, which are then brought online through recompletion and work-over activities, a meticulous process of evaluation, application of modern well technology, and stringent management controls. This process allows the company to increase its asset base and cash flow, while significantly reducing the cost of initial drilling, and takes away the risk of traditional exploration projects. Savoy Energy’s financial structure allows it to minimize the high overhead of traditional E&P companies.
Savoy Energy Corporation
11200 Westheimer
Suite 900
Houston, Texas
Website: http://www.savoyenergycorp.com/
Note: we have not received any compensation nor do we own any shares of SNVP. Before buying any stock be sure to do your own DD.
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