MXXH.PK

[waxweazle]

Matrixx to Acquire Buck Snag Field Prospect


LOS ANGELES, CALIFORNA -- (MARKET WIRE) -- 07/19/06 -- Matrixx Resource Holdings, Inc. (OTCBB: MXXR) announced today that it has agreed in principle to acquire a majority interest in the Oil and Gas Prospect known as the Buck Snag Field Prospect.

The agreement calls for Matrixx to acquire an undivided 57% interest covering 280 acres of land in Colorado County, Texas. Shallow development wells will be drilled on the property and completed to produce by-passed and attic gas reserves. The first well will be drilled to a depth of approximately 4,500 feet.

Drilling is expected to begin approximately August 15, 2006. Recoverable reserves for the project are estimated at 2 to 3 BCFG (Billion Cubic Feet of Gas). Net drilling cost is expected at $170,000 and net completion cost is expected to be at $160,000.

Closing on this acquisition is expected within 15 days. Matrixx will continue to seek additional opportunities to add value to its property holdings through acquisition. Matrixx believes that these additional assets will provide the Company and its shareholders a much-improved increase in shareholder value. Further, the Company will be filing the required forms and exhibits with the SEC and sending notice to shareholders on a timely basis. Terms and conditions of the transaction will also be provided in the aforementioned notices.

Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", "confident that", "believe", "scheduled", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Matrixx to complete the proposed acquisition(s), the results of Matrixx\'s due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Matrixx to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company\'s products and technologies, competitive factors, timing, and other risks described in the Company\'s SEC reports and filings.

Contacts: Matrixx Resource Holdings, Inc. Catherine Thompson Media & Investor Relations (310) 456-3199 (310) 456-1778 (FAX

[waxweazle]

Could see here a nice G-PAttern Tomorrow

[kslifka]

I bought this on the breakout at .035 and then sold for a nice gain.  I bought back again at .066, the day before the symbol changed to MXXR.  However it took 3 days before it showed up in my Ameritrade account.  I called Ameritrade because I wanted to sell when it rose above .09 but they said the symbol change caused a 3 day delay in the settling of the transaction(whatever that means).  It was a little disappointing to see it spike to a new high of .097 then fall quickly.  We need volume to move MXXR higher.  Hopefully tomorrow

[gmarc66]

Hey kslifka, this one looks great..i almost got in myself today, but ended up going with CBCL. But, got my eye on this, could be a nice mover...very nice!

gl

julia

[fous]

This ones looking great guys but yes KS we do need some more volume. I sold another half position today at .091 for a nice gain 

Lets hope for a big rally tomorrow on VOLS!!

-fous

[waxweazle]

This ones looking great guys but yes KS we do need some more volume. I sold another half position today at .091 for a nice gain 

Lets hope for a big rally tomorrow on VOLS!!

-fous

The Chart look like a hot breakout soon.
This week i think we got the drilling news.
When they will find oil this stock is very undervalue!

[waxweazle]

wow what a trop
after the drop
news are out

good buying opertunity


Stocks >> NEWS


Matrixx Resource Holdings, Inc.: Weekly Drilling Update on Clovelly South Prospect


LOS ANGELES, CALIFORNIA -- (MARKET WIRE) -- 07/25/06 -- Matrixx Resource Holdings, Inc. (OTCBB: MXXR), announced Company management has visited the Clovelly site and reports that drilling has proceeded near the proposed "M" Sand depth.

All operations are continuing to remain normal. Current depth as of the draft of this report was 13,593. The operator continues to drill ahead as planned. The mud-logger and operator are continuing to circulate and analyze samples as they are brought to the surface. Wire line analysis and surveys will be conducted as determined by the geologist at each depth reached.

The Company will continue to release information on the progress periodically. Any information circulating not released officially by the Company may not be dependable and should not be deemed as reliable data.

While global political turmoil continues to keep oil prices near $75 per barrel and some recent analysts\' reports predict that oil could reach as high as $100 a barrel in the near future, the Company is moving forward in its efforts to acquiring additional growth and investment opportunities in this natural resource sector with the intent of providing the Company and its shareholders a much-improved increase in shareholder value. The Company is focused on increasing value by means on continuing acquisitions, development projects and exploration drilling through joint venture networks.

Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Matrixx to complete the proposed acquisition(s), the results of Matrixx\'s due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Matrixx to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company\'s products and technologies, competitive factors, timing, and other risks described in the Company\'s SEC reports and filings.

Contacts:
Matrixx Resource Holdings, Inc.
Catherine Thompson
Media & Investor Relations
(310) 456-3199
(310) 456-1778 (FAX)
[email protected]
http://www.mrhi.net

[waxweazle]

Matrixx Completes Buck Snag Field Prospect Acquisition
Thursday August 3, 10:46 am ET

LOS ANGELES, CALIFORNIA--(MARKET WIRE)--Aug 3, 2006 -- Matrixx Resource Holdings, Inc. (OTC BB:MXXR.OB - News), announced today that it has completed its acquisition in the Oil and Gas Prospect known as the Buck Snag Field Prospect.

ADVERTISEMENT
The agreement calls for Matrixx to acquire an undivided 57% interest covering 280 acres of land in Colorado County, Texas. Shallow development wells will be drilled on the property and completed to produce by-passed and attic gas reserves. The first well will be drilled to a depth of approximately 4,500 feet. Each well will be drilled at a strategic location to test at a minimum two separate reservoir sands. The possibility of encountering nine separate reservoir sands within the lease block is seen.

The included structure and isopach maps illustrate the estimated lateral extent and sand thickness of the primary reservoir objectives. The first well will be drilled approximately 500' North of the Windsor #2-Schiurring to a depth of approximately 4500'. Subsequent well locations and depths will be keyed off the geology of the first well.

Drilling is expected to begin approximately August 15, 2006. Recoverable reserves for the project are estimated at 2 to 3 BCFG (Billion Cubic Feet of Gas). Net drilling cost is expected at $170,000 and net completion cost is expected to be at $160,000.

Matrixx will continue to seek additional opportunities to add value to its property holdings through acquisition. Matrixx believes that these additional assets will provide the Company and its shareholders a much-improved increase in shareholder value. Further, the Company will be filing the required forms and exhibits with the SEC and sending notice to shareholders on a timely basis. Terms and conditions of the transaction will also be provided in the aforementioned notices.

Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Matrixx to complete the proposed acquisition(s), the results of Matrixx's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Matrixx to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.


Contact:

     Contacts:
     Matrixx Resource Holdings, Inc.
     Catherine Thompson
     Media & Investor Relations
     (310) 456-3199
     (310) 456-1778 (FAX)
     [email protected]
     http://www.mrhi.net
     

[waxweazle]

Matrixx Resource Holdings, Inc.: Weekly Drilling Update on Clovelly South Prospect
Friday August 4, 8:00 am ET

LOS ANGELES, CALIFORNIA--(MARKET WIRE)--Aug 4, 2006 -- Matrixx Resource Holdings, Inc. (OTC BB:MXXR.OB - News) announced today that we have encountered a charged sand at 14,280 feet, which is believed to be a stringer sand located approximately 50 feet above the anticipated "M" sand.

ADVERTISEMENT
Seven inch protective casing is currently being set to protect the hole after the operator has elevated mud weight to 12.6 pounds per gallon to contain the pressure while circulating gas out of the hole.

The well is nearing its objective and the operator of the well reported on August 3, 2006 that a "drilling break" was encountered from 14,275 feet to 14,280 feet. A "drilling break" is defined as encountering "reservoir quality sand" and pressure, in this case, gas is entering the well bore.

It is anticipated that another 200 feet will be drilled to get through the objective "M" sand. Drilling may proceed to 14,700 feet if necessary to complete the objective.

While global political turmoil continues to keep oil prices near $75 per barrel and some recent analysts' reports predict that oil could reach as high as $100 a barrel in the near future, the Company is moving forward in its efforts to acquiring additional growth and investment opportunities in this natural resource sector with the intent of providing the Company and its shareholders a much-improved increase in shareholder value. The Company is focused on increasing value by means on continuing acquisitions, development projects and exploration drilling through joint venture networks.

Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", "confident that", "believe", "scheduled", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Matrixx to complete the proposed acquisition(s), the results of Matrixx's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Matrixx to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.


Contact:

     Contacts:
     Matrixx Resource Holdings, Inc.
     Catherine Thompson
     Media & Investor Relations
     (310) 456-3199
     (310) 456-1778 (FAX)
     [email protected]
     http://www.mrhi.net
     

[waxweazle]

news

Matrixx Finalizes Acquisition
Monday October 23, 4:00 pm ET

LOS ANGELES, CALIFORNIA--(MARKET WIRE)--Oct 23, 2006 -- Matrixx Resource Holdings, Inc. (OTC BB:MXXR.OB - News), announced today that it has completed the transaction whereby acquiring a minority interest in two Oil and Gas Prospects known as the Manvel 2000 Foot Miocene Exploration Prospect and the Manvel 4500 foot Oakville Developmental Prospect.

ADVERTISEMENT
Shallow exploratory wells will be drilled on the Manvel Miocene property to a depth of approximately 2,000 feet. A series of shallow development wells will be drilled on the Manvell Oakville prospect to a depth of 4,500 feet to test offsetting and updip to an already producing Davis No.1 well.

Drilling is expected to begin before year end 2006. Recoverable reserves for the two projects are estimated at 500,000 Bbls for each of the prospects. Net drilling cost is expected at $170,000 and net $100,000 respectively.

Matrixx will continue to seek additional opportunities to add value to its property holdings through acquisition. Matrixx believes that these additional assets will provide the Company and its shareholders a much-improved increase in shareholder value. Further, the Company provided information surrounding this transaction in the 10K filed with the SEC on October 13, 2006.

Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", "confident that", "believe", "scheduled", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Matrixx to complete the proposed acquisition(s), the results of Matrixx's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Matrixx to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.


Contact:

     Contacts:
     Matrixx Resource Holdings, Inc.
     Konstantine Tsakumis
     Media & Investor Relations
     (347) 647-1508
     Email: [email protected]
     Website: http://www.mrhi.net
     

Source: Matrixx Resource Holdings, Inc.

Looks ready for strong upmove 

[Draak]

March 27, 2007 - 2:17 PM EDT           
 
Matrixx Resource Holdings, Inc.: Sandy Point Update
Matrixx Resource Holdings, Inc. (OTCBB: MXXR) announced today that the Fite No. 3 well at Sandy Point is drilling at 3,876 feet.

The Company has been notified by the operator that, as of early this morning, drilling has reached a depth of 3,876 feet. Drilling began Friday, March 23 and is expected to take approximately 10 days to reach the target depth of 7,000 feet. Upon reaching target depth, the well will be logged, and should there be a discovery, completed. This process will take an additional few days.

The Sandy Point Field, located in Brazoria County, was discovered in 1937, and 60 acres yielded 665,000 BO from the 2nd Frio sand. Also, in the nearby W. Sandy Point Field, the Shepperd No.1 Fite has produced 250,000 BO, and 150 MMCFG, from the 1st and 2nd and 3rd Frio sands.

The Express No.1 Fite re-established production in Sandy Point Field in 2002. The 1st Frio sand has gas-on-oil and the 2nd Frio sand (the main pay in Sandy Point Field) has good oil shows in cuttings and sidewall cores.

3-D Seismic, along with well control, confirm that the Express well discovered a new, productive structure. However, the No. 1 Fite well is located low or flankish on the structure. The objective of the Fite No. 3 well is to drill to the 6,700 to 7,000 depth and find structural advantage on the order of magnitude of 10' to 20' over the No. 1 well. The results should be a 1st Frio gas sand of 10' net pay thickness, and 2nd Frio oil sand of 10' net pay thickness. The recoverables attributable to such a development well are estimated to be 0.4 BCFG and 500,000 BO.

Matrixx has remained steadfast in its efforts in acquiring growth and investment opportunities in the oil and gas sector with the intent of providing the Company and its shareholders a much-improved increase in shareholder value. Additionally, the Company is now positioned to aggressively exploit its properties to accelerate cash flow and to provide rapid returns on its investments in the oil and gas sector.

[setravis]

Changed Ticker Symbol
'MXXR.OB' is no longer valid. It has changed to MXXH.PK