Penny Stocks To Watch: Worthington Energy (WGAS)

Oil and Gas Penny Stock Worthington Energy Inc (OTCBB:WGAS.OB) should see some volume traded today after the company reported on Friday the completion of the acquisition of the Texas limited liability company Black Cat Exploration Production LLC from a previous agreement.

Under the agreement, WGAS will acquire a 2% override interest in the entire Mustang Island 818-L Lease, covering 14,400 acres in the Gulf of Mexico ...

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GMX Resources (GMXR) On The Rise Towards $2

After being upgraded last week by Stifel Nicolaus last week, Oil and Gas Penny Stock GMX Resources (NYSE: GMXR) has doubled in price and expecting to go further into that $2 range. GMXR had experienced a strong downward trend and until the upgrade.

With total cash of $3.23 million and total ...

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