REGINA, SK - May 9, 2022 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to provide capital budget and production guidance for the remainder of 2022. ROK is focused on growing free cash flow, paying down debt and commencing a Southeast Saskatchewan focused drilling and workover program. Capital Budget Total capital expenditures of $18.2 million, which include: $10.5 million allocated to Drilling, Completing and Equipping of 10 Gross (9 Net) oil wells $1.5 [Read more]
Secondary placing of shares in i3 Energy plc
EASTLEIGH, UK Bybrook Capital Master Fund LP, Bybrook Capital Hazelton Master Fund LP and Bybrook Capital Badminton Fund LP (together, the "Sellers"), have sold an aggregate of 60,000,000 ordinary shares (the "Placing Shares") in i3 Energy plc ("i3" or the "Company"), at a price of 27 pence per share (the "Placing"), raising aggregate gross proceeds of £16.2 million. Stifel Nicolaus Europe Limited ("Stifel") and Tennyson Securities, a trading name of Shard Capital Partners LLP ("Tennyson") [Read more]
Petrofrontier Corp. announces filing of 2021 annual financial and operating results and year-end reserves evaluation
CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSX-V:PFC) is pleased to announce that the Corporation's 2021 Annual Financial Statements, Management's Discussion and Analysis and NI 51-101 forms regarding Statement of Reserves Data and Other Oil and Gas Information have been filed on SEDAR (www.sedar.com). [Read more]
ROK Resources files financial results, reserve report, and management discussion & analysis
REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) has filed its Annual Financial Results, Reserve Report, and Management Discussion & Analysis for the year ended December 31, 2021. Financial Statements Highlights for the 2021 year include: In the 2021 year, the Company realized production volume of 64,554 boe, resulting in crude and natural gas sales of $3,436,882 and net operating income of $1,441,622 after royalties and operating expenses. This equates to an [Read more]
i3 Energy PLC announces Serenity Farm-in agreement execution
EASTLEIGH, UK / ACCESSWIRE / April 21, 2022 / i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to provide the following update. Serenity Farmout Further to the Company's announcement of 2 March 2022, i3 confirms that it has executed the Farm-in Agreement ("FIA") with Europa Oil & Gas Limited ("Europa") (company number 03093716) following Europa's completion of its equity fundraising to fund its share of [Read more]
ROK Resources announces post-acquisition reserves of 15.4 Million BOE
REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce the results of its April 1, 2022 independent reserves evaluation, which includes the reserve volumes from its recent acquisition (the "Acquisition"), as defined in the press release dated March 7, 2022. The evaluation for the Company as at April 1, 2022 was conducted by McDaniel & Associates Consultants Ltd. ("McDaniel") of Calgary and was conducted in accordance with the definitions, standards and [Read more]
Bird River Resources announces extension of the acquisition of Faraday
WINNIPEG, MB - Bird River Resources Inc. (CSE:BDR) (the "Corporation") and Faraday Energy Inc. announce that the Letter of Intent respecting the business combination between the Corporation and Faraday Energy Inc. has been extended to May 5, 2022. Jon Bridgman, CEO of Bird River Resources and Martin Dallaire, CEO of Faraday Energy stated that 2021 was a demanding year and they both underestimated the time the legal work, accounting and auditing requirements would require to bring the proposed [Read more]
Tenth Avenue Petroleum announces closing of transformative acquisition
CALGARY, AB - Tenth Avenue Petroleum Corp. ("TPC" or the "Company") (TSXV:TPC) is pleased to announce that further to the Company's press release dated January 13, 2022, the Company has closed the acquisition of high quality, low decline, high netback, oil production in the Murray Lake and Hays areas of Southern, Alberta from Avalon Energy Ltd. (the "Acquisition" or "Acquired Assets"). The Acquisition is accretive on a production, cashflow and reserves basis. The consideration for the [Read more]
i3 Energy PLC announces final results for the year ended 31 December 2021
EASTLEIGH, UK - i3 Energy plc (AIM:I3E)(TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce the audited results for the year ended 31 December 2021. A copy of the Company's financial statements will be posted to shareholders and made available shortly on the Company's website at https://i3.energy. The Notice of Annual General Meeting ("AGM") will be posted in due course. The AGM will be held at 11:00 am BST on 30th June 2022 at the [Read more]
i3 Energy PLC announces May 2022 dividend declaration
EASTLEIGH, UK - i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce the following update. Monthly Dividend i3 announces its May 2022 dividend totalling £1.1827 million and confirms the following: Dividend: 0.105 pence/share Ex-Dividend Date: 14 April 2022 Record Date: 19 April 2022 Payment date: 06 May 2022 Payment to shareholders holding their shares on the TSX will be made in Canadian dollars using [Read more]
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