BOE Report

Tenth Avenue Petroleum announces non-brokered financing

CALGARY, AB - Tenth Avenue Petroleum Corp. ("TPC" or the "Company") (TSXV:TPC) is pleased to announce a non-brokered private placement offering of up to 12,000,000 units (each a "Unit") at a price of CDN $0.25 per Unit for aggregate gross proceeds of up to CDN$3,000,000 (the "Financing"). Each Unit will consist of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant issued under the Financing will entitle the [Read more]

Tenth Avenue Petroleum Announces Transformative Acquisition

CALGARY, AB / ACCESSWIRE / January 13, 2021 / Tenth Avenue Petroleum Corp. ("TPC" or the "Company") (TSXV:TPC) is pleased to announce it has entered into an agreement with Avalon Energy Ltd., an Alberta-based private oil and gas company, to acquire high quality, crude oil assets including 88 bbls/d (100% oil) of low decline, high netback, oil production in the Murray Lake and Hays areas of Southern, Alberta (the "Acquisition" or "Acquired Assets"). The transformative Acquisition is accretive on [Read more]

Bird River Resources announces AGM results

WINNIPEG, MB - Bird River Resources Inc. (CSE:BDR) (the "Corporation") reports that the 2020 Annual Meeting of shareholders was held December 22, 2021 and that all matters set forth in the management information circular were approved by the shareholders. At the meeting, Jon Bridgman (CEO), Ed Thompson (Secretary-Treasurer), Donal Carroll and Warren Hawkins were elected to the board of directors for the 2022 fiscal year. The shareholders also approved the re-appointment of MNP LLP as the [Read more]

i3 Energy PLC announces 2022 Canadian capital programme & dividend

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 its 2022 Canadian capital programme and dividend guidance. Highlights Capital Budget of US$47 million, forecasted to deliver: 17 gross wells (12.6 net, 88% i3-operated) to be drilled across the Company's diversified portfolio in Central Alberta, Marten Hills (Clearwater), Simonette (Montney), and Wapiti Incremental peak [Read more]

Tenth Avenue Petroleum Corp. announcing new management and board, closing of Swan Hill unit acquisition and completion of plan of arrangement

CALGARY, AB - Tenth Avenue Petroleum Corp. ("Tenth Avenue" or the "Company") (TSX:TPC) is pleased to announce it has completed a reorganization of the business, which provides, among other things; (i) the appointment of a new management (the "New Management>"); and (ii) the reconstitution of the board of directors of Tenth Avenue (the "New Board"), (iii) the closing of the Plan of Arrangement (the "Plan of Arrangement") and, (iv) the completion of the acquisition of Swan Hills Unit (the [Read more]

Acquisition of 1.72% non-operated revenue and billing interest in Swan Hills Unit #1 – dividend of common shares of Waskahigan Oil & Gas Corp to TAPC shareholders

CALGARY, AB - Tenth Avenue Petroleum Corp. ("TPC")(TSXV:TPC) TPC wishes to announce it has received TSX Venture Exchange ("TSXV") approval to complete the acquisition of a non-operated 1.3089477% Unit Participation and 1.7224988% revenue and billing interest in the Swan Hills Unit #1 pool ("SHU Asset") from Salida Energy Inc. ("Salida"), an arm's length privately held company. The purchase price was $825,000 (inclusive of GST). The consideration consisted of 9,716,442 TPC common shares issued at [Read more]

ROK Resources releases Florence property reserves update

REGINA, SK -  ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce the completion of an independent reserves evaluation of its recently acquired Florence Asset, effective August 31st, 2021, in compliance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities and in accordance with the Canadian Oil and Gas Evaluation Handbook (the "Florence Property Report"). The Florence Property Report does not include the Company's existing corporate [Read more]

PetroFrontier Corp. announces funding transaction to advance development at Cold Lake and Wabasca

CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or "the Company") (TSXV:PFC) is pleased to announce that it has entered into a letter of intent ("LOI") with an arm's-length third party company ("Fundco") which will enable continued development of PetroFrontier's joint ventures at the Cold Lake and Wabasca areas of Alberta (the "PFC Interests"). The LOI contemplates the following: Fundco will provide total funding to PetroFrontier in the amount of $24,000,000 (the "Funding") enabling [Read more]

Bird River Resources Inc. and Faraday Energy Inc. provide update to proposed business combination

WINNIPEG, MB - Bird River Resources Inc. ("Bird River" or the "Company") (CSE:BDR) and Faraday Energy Inc. ("FEI"), a corporation existing under the laws of the Province of Quebec, are pleased to announce that further to their joint press releases dated May 27, 2021 and August 10, 2021, they have agreed to extend the expiration date of their non-binding letter of intent dated May 26, 2021 and as amended on September 28, 2021 (the "Letter of Intent") to October 31, 2021. The Letter of Intent [Read more]