BOE Report

ROK Resources files financial results and management discussion & analysis for the second quarter of 2021

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) has filed its interim Financial Results and Management Discussion & Analysis for the six months ended June 30, 2021. Financial Statements Highlights include: In year-to-date Q2 2021, the Company realized production volume of 28,587 boe, resulting in crude and natural gas sales of $1,149,236 and net operating income of $448,114 after royalties and operating expenses. This equates to an operating netback per boe of [Read more]

i3 Energy PLC announces closing of previously announced acquisition

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 that its wholly owned Canadian subsidiary has closed i3's previously announced (7 July 2021) strategic Central Alberta asset acquisition from Cenovus Energy Inc., a senior Canadian oil and gas producer, for a total consideration of CA$65 million (US$53.7 million) (the 'Acquisition'). The strategic Acquisition, within i3's Central Alberta [Read more]

Southern Energy Corp. announces Q2 2021 financial and operating results

CALGARY, AB - Southern Energy Corp. ('Southern' or the 'Company') (TSXV:SOU)(AIM:SOUC) today announces the release of its second quarter financial and operating results for the three and six months ended June 30, 2021. Southern is an established producer with natural gas and light oil assets in Mississippi and Alabama characterized by a stable, low-decline production base, a significant low-risk drilling inventory and strategic access to the best commodity pricing in North America. Selected [Read more]

i3 Energy PLC Announces Operational and Financial Update

EASTLEIGH, UK / ACCESSWIRE / August 16, 2021 / 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. Highlights: Recent strategic acquisition of approximately 8,400 barrels of oil equivalent per day ('boepd') from Cenovus Energy Inc. ('Cenovus') expected to close on or around 20 August 2021. Closed both the South Simonette and Wapiti acquisitions and commenced well reactivation [Read more]

i3 Energy PLC announces issue of share options

EASTLEIGH, UK - As announced on 9 July 2021 and in accordance with the rules of the Company's Share Option Plan, i3 Energy plc announces that it has issued options over 53,705,491 ordinary shares to i3 staff and board, and has additionally issued 1,750,000 options to incoming staff and conditionally allocated 3,750,000 for additional hires as part of the Company's recent acquisition of assets as announced on 7 July 2021 (collectively the 'Options'). The exercise price of the Options is 11 pence [Read more]

i3 Energy PLC announces operational update

EASTLEIGH, UK - i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, announces the following update. Marten Hills Clearwater Drilling Well completion, production equipment installation and tie-in operations have been completed for wells 01-12-075-26W4 and 02-12-075-26W4. Eight horizontal lateral legs (totalling 13,057m in the 01-12 well and 12,644m in the 02-12 well, at a maximum true vertical depth of 630m) were drilled [Read more]

i3 Energy PLC announces issue of share options

EASTLEIGH, UK - As announced on 9 July 2021 and in accordance with the rules of the Company's Share Option Plan, i3 Energy plc announces that it has issued options over 53,705,491 ordinary shares to i3 staff and board, and has additionally issued 1,750,000 options to incoming staff and conditionally allocated 3,750,000 for additional hires as part of the Company's recent acquisition of assets as announced on 7 July 2021 (collectively the 'Options'). The exercise price of the Options is 11 pence [Read more]

ROK Resources announces issuance of stock options

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV: ROK) announces that the Board of Directors has awarded a total of 4,150,000 options to directors, officers and consultants of the Company. The options are exercisable into common shares in the capital of the Company at an exercise price of $0.28 per share. The options vest as to one third immediately with an additional one third vesting on the first anniversary of the date of grant with the remainder vesting on the second [Read more]

PetroFrontier Corp. announces closing of private placement

CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Company") (TSXV:PFC) is pleased to announce the following: Private Placement PetroFrontier has completed a non-brokered private placement for aggregate gross proceeds of $373,469 (the "Private Placement") whereby the Company issued an aggregate of 4,979,583 common shares ("Common Shares") from its treasury at a price of $0.075 per Common Share. Proceeds from the Private Placement will be used to fund development and provide [Read more]

ROK Resources announces upcoming development drilling program

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) As per previous press releases, ROK has completed a series of acquisitions including the acquisition of producing assets in the Glen Ewen area effective June 2020 and the Florence area effective April 2021. Total consideration for the acquisitions was $4,835,000. As of May 2021, these assets are producing an estimated 240 Boepd. The recent $6.2 million equity and secured note financing has financed these recent acquisitions and [Read more]