Point Loma Resources Ltd. (TSX.V:PLX) (the “Corporation” or “Point Loma”) is pleased to announce production test results for the Wizard Lake HZ 1-8-48-27W4 Rex oil pool delineation well. Highlights Test rate for the Rex horizontal oil well over the last 24 hours of the test period to 3pm September 4, 2019 was approximately 350 barrels of 18.5 API oil per day (bopd) and 700 barrels of oil equivalent per day (boe/d) (Figure 1). The well was the first of a two well farm-out at Wizard … [Read more...]
Prospera Energy Inc. reports Q2 results 2019
Prospera Energy Inc. (TSXV:PEI)(FRA:OF6A) ("Prospera", the "Corporation") is pleased to announce its financial and operating results for the six months ended June 30, 2019. The condensed interim financial statements, and related management’s discussion and analysis ("MD&A") will be available at www.sedar.com and www.prosperaenergy.com. OPERATION AND FINANCIAL SUMMARY The Corporation’s oil and gas revenues have experienced significant growth due to changes in production volumes and the … [Read more...]
Point Loma Resources Announces Entering into an Agreement to Market its Wizard Lake Rex Oil Property
CALGARY, AB / ACCESSWIRE / July 17, 2019 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or “Point Loma”) is pleased to announce the retention of Mackie Research Capital Corporation (“MRCC”) to market the Corporation’s Wizard Lake Rex oil property in central Alberta. Highlights: MRCC and Point Loma have entered into an engagement agreement whereby Mackie will canvas the market for parties potentially interested in a transaction to acquire the Corporation’s interest in … [Read more...]
Point Loma Resources Announces Operational Update of Wizard Lake Rex Oil Discovery and Issuance of Settlement Units
CALGARY, AB / ACCESSWIRE / July 4, 2019 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce an update on production and upcoming development drilling of the Corporation's Wizard Lake Rex oil discovery and the issuance of Settlement Units (as defined below). Highlights: The Wizard Lake 16-17-48-27W4 Rex oil discovery well was placed on production June 5, 2019. Oil production for the month of June is estimated at 4,280 bbls over a … [Read more...]
GulfSlope Energy Launches Shallow Prospect Program
GulfSlope executes Letter of Intent to form joint venture related to shallow depth prospects located in the Gulf of Mexico Shelf HOUSTON, TX / ACCESSWIRE / June 28, 2019 / GulfSlope Energy, Inc. (OTCQB: GSPE) ("GulfSlope" or the "Company") today announced the execution of a letter of intent with a privately held oil and gas company (the "Partner") to form a joint venture to generate and drill shallow depth prospects in the Gulf of Mexico (the "Joint Venture"). GulfSlope will retain and deploy … [Read more...]
Camber Energy Provides Final Agreements Related to its Preferred C Shareholder to the NYSE American in Connection with its Planned Acquisition of Lineal Star Holdings
HOUSTON, TX / ACCESSWIRE / June 20, 2019 / Camber Energy, Inc. (NYSE American: CEI) (the "Company" or "Camber"), based in Houston, Texas, today announced that it has come to agreement on mutually acceptable transaction documents with the holder of the Company's Series C Redeemable Convertible Preferred Stock and has provided the NYSE American with copies of the final documents memorializing said agreement for its review. The approval of the NYSE American of the terms and conditions of these … [Read more...]
Point Loma Resources Announces Initial Production From Wizard Lake Rex Oil Discovery and Announces June 19th Live Webinar at 11:00am PT (2:00pm ET)
CALGARY, ALBERTA / ACCESSWIRE / June 18, 2019 / Point Loma Resources Ltd. (TSX-V: PLX) (the "Corporation" or "Point Loma") is pleased to announce first oil production from the Corporation's Wizard Lake Rex oil discovery and provides an operational update. Point Loma would also like to announce that it will be hosting a live webinar at 11:00am PT (2:00pm ET) on Wednesday, June 19th. Please see webinar details below. Highlights: The Wizard Lake 16-17-48-27W4 Rex oil well was placed on … [Read more...]
American Resources Corporation Upgrades Deane Mining’s Mill Creek Prep Plant
FISHERS, IN / ACCESSWIRE / June 5, 2019 / American Resources Corporation (NASDAQ: AREC), a supplier to the rapidly growing global infrastructure marketplace, with a primary focus on the extraction, processing, transportation and selling of metallurgical coal to the steel industry, announced today that they have started the process to upgrade the Mill Creek coal preparation plant to allow the company to commercially process premium stoker sized coal. American Resources' Mill Creek Prep Plant is … [Read more...]
Camber Energy, Inc. Announces That It Has Regained Compliance with All NYSE American Continued Listing Standards
HOUSTON, TX / ACCESSWIRE / June 5, 2019 / Camber Energy, Inc. (NYSE American: CEI) (the "Company" or "Camber"), based in Houston, Texas, today announced that on June 4, 2019, it received a letter from the NYSE American advising the Company that it had regained compliance with all of the NYSE American LLC continued listing standards set forth in Part 10 of the NYSE American Company Guide (the "Guide"). Specifically, effective on June 3, 2019, the Company resolved its previous continued listing … [Read more...]
Camber Energy Provides Final Transaction Documents to the NYSE American in Connection with its Planned Acquisition of Lineal Star Holdings
HOUSTON, TX / ACCESSWIRE / June 3, 2019 / Camber Energy, Inc. (NYSE American: CEI) (the "Company" or "Camber"), based in Houston, Texas, today announced that it has provided the NYSE American copies of the final transaction documents between the Company and Lineal Star Holdings ("Lineal"), www.LinealStar.com, relating to the Company's planned acquisition of Lineal pursuant to its previously disclosed non-binding letter of intent, for approval. The approval of the NYSE American of the terms and … [Read more...]
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