Most natural gas and oil companies would be happy with a few producing wells pumping out a respectable amount of oil and gas. Some, however, do their homework to find a location where many wells pump many barrels or cubic feet.

Southern Star Energy specializes in the acquisition and drilling of under-drilled oil and natural gas properties. So far this tactic has minimized the risk to the company and new technologies have made drilling processes more efficient.

Independent oil and gas producer, Pinnacle Energy Corp. (OTCBB: PENC), formerly Gas Salvage Corp., today announced the acquisition of working interests in six wells in Pawnee County, Okla. for $1 million. The news sent shares of Pinnacle Energy soaring nearly 33 percent, to 98 cents.

As commodity oil and gas prices move near their historic highs, new junior oil and gas exploration and development companies have been working to take advantage. Many of the people interested in working the oil and gas exploration and development pipeline are eager to profit but lack the capital and know-how to get the job done.

The Rocky Mountain region of the United States has an estimated 34 million barrels of original oil. After this oil is recovered by traditional means, approximately 23 billion barrels of oil will be left behind. Ameriwest Energy Corp.

Four additional wells in the Kansas Cherokee Basin Project signal progress for JayHawk Energy, Inc. (OTCBB: JYHW). The company is developing 50,000 gross acres. This brings the total to six out of a planned 20 wells for the first stage of natural gas production.