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]
Petrofrontier Corp. announces filing of Q3 2021 financial and operating results
CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Company") (TSXV:PFC) announces that the Company's Third Quarter 2021 Financial Statements and Management's Discussion and Analysis have been filed on SEDAR (www.sedar.com). [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]
ROK Resources announces encouraging lithium results
REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce the completion of a multi-layer perforation and swab test of a vertical wellbore strategically located on one of Hub City Lithium Corp. ("Hub City Lithium") Subsurface Crown Mineral Dispositions located in Saskatchewan. Laboratory testing returned lithium concentrations in the Duperow formation up to 96.3 mg/l., which exceeded the Company's target of 74.6 mg/l. Results from the Test Well The target [Read more]
i3 Energy PLC announces interim report and 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 unaudited results for the period ended 30 June 2021. A complete copy of the Company's unaudited 2021 H1 Report and Interim Financial Statements will be available on the Company's website at https://i3.energy/investor-relations/regulatory-news. HIGHLIGHTS Dividend Declaration Concurrent with this Interim Report, i3 announces an [Read more]
Vertex Energy provides update on proposed acquisition of the Mobile refinery
HOUSTON, TX / ACCESSWIRE / September 22, 2021 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex Energy", "Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today provided an update on the proposed acquisition of the Mobile refinery ("Mobile") located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP ("Shell"), subsidiaries of Royal Dutch Shell plc. The planned transition of [Read more]
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