BOE Report

ROK Resources announces closing of previously announced asset acquisition, a fully subscribed private placement and first closing of the note financing

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce that it has closed on its previously announced acquisition (the "Acquisition") of certain operated producing oil and gas assets (the "Asset") in Southern Saskatchewan (along with associated land leases, a facility, and related assets) pursuant to the Company's March 17, 2021 press release. The Acquisition has an effective date of April 1, 2021. ROK has completed the remainder of the financing pursuant [Read more]

i3 Energy PLC announces final results for the year ended 31 December 2020

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 2020. A copy of the Company's financial statements will be posted to shareholders and made available shortly on SEDAR and the Company's website at https://i3.energy/investor-relations/reports-and-presentations/ together with a Notice of Annual General Meeting ("AGM"). The AGM will be held [Read more]

Rok Resources announces note financing

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce that it intends to proceed with a $4 million financing consisting of senior secured notes of the Company ("Notes"), with each Note consisting of a principal amount of $1,000 and with interest payable thereon at a rate of 14% per annum and with a term of three years from the date of issuance thereof (the "Offering"), but with the ability of the Company to fully repay the Notes at no penalty after two years [Read more]

Court of Queen’s Bench of Alberta approves Plan of Arrangement

CALGARY AB - Tenth Avenue Petroleum Corp (TSXV:TPC) ("TAPC") wishes to announce that on May 25, 2021 Court of Queen's Bench of Alberta Justice Douglas R. Mah granted a final order approving the plan of arrangement dated March 24, 2021 (as amended) as described in the management information circular dated April 21, 2021 and filed under the TAPC profile on April 21, 2021. Implementation of the plan of arrangement is subject to a number of conditions. It is expected that the conditions will be [Read more]

i3 Energy PLC announces contract restructure & dividend creditor consent

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 provide the following update. In September 2017, i3 entered a £5.8 million contract with GE Oil & Gas UK Limited for subsea trees and wellheads (the "Equipment Contract") intended for the Company's eventual development of its Liberator field. In July 2019, i3 announced it had awarded Baker Hughes, a GE company (GE Oil & Gas UK Limited and [Read more]

ROK Resources announces closing of previously announced asset acquisition and first closing of private placement financing

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce that it has closed on its previously announced bolt-on acquisition (the "Acquisition") of certain non-operated producing oil and gas assets (the "Asset") in Southern Saskatchewan, along with associated land leases, a facility, and related assets. The Acquisition has an effective date of April 1, 2021. Total consideration paid for the Asset was $1,500,000 in cash and 2,000,000 Class B common shares of ROK [Read more]

Petrofrontier Corp. announces filing of 2020 annual financial and operating results and year-end reserves evaluation and completion of lease obligations at Wabasca

CALGARY, AB / ACCESSWIRE / April 28, 2021 / PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSXV:PFC) is pleased to announce that the Corporation's 2020 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). Fulfillment of Lease Obligations at Wabasca PetroFrontier is also pleased to announce that it has now completed the drilling [Read more]

PetroFrontier Corp. announces closing of credit facility

CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSXV:PFC) is pleased to announce that it has closed its previously announced credit facility (the "Credit Facility") in the amount of $2,000,000 (see the Corporation's press release dated March 2, 2021). Kasten Energy Inc. and Paul Cheung are insiders of the Corporation and provided $1.5 million and $500,000 of the Credit Facility, respectively. The Credit Facility was unanimously approved by the board of directors of [Read more]

PetroFrontier Corp. announces credit facility

CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSXV:PFC) is pleased to announce that it has secured a credit facility enabling it to meet its drilling commitments. Credit Facility The commitment letter provided to the Corporation provides for advances in the amount of up to CDN $2,000,000 (the "Credit Facility") from a syndicate of lenders including Kasten Energy Inc. ("Kasten") and Paul Cheung (collectively, the "Lenders"). Kasten and Paul Cheung are insiders of [Read more]