CALGARY, AB / ACCESSWIRE / December 3, 2018 / Point Loma Resources Ltd. (TSX-V: PLX) (the "Corporation" or "Point Loma") is pleased to announce the casing of the Corporation's recently captured Rex oil opportunity. In addition, the Corporation is providing updated operational information. Highlights Rex oil horizontal was cased on December 2, 2018. The well is expected to be completed and evaluated prior to year-end. Completion plans for the well include approximately 28 frac [Read more]
Point Loma Resources Announces Non-Core Gas Property Disposition for Cash Proceeds
CALGARY, AB / ACCESSWIRE / November 30, 2018 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce that it has closed a previously announced agreement to sell a minor interest in a gas property. The sale price of the non-core disposition is approximately $350,000 net to Point Loma, before customary closing adjustments, and has been paid in cash. Highlights Point Loma and Salt Bush Energy (‘Joint Venture Partner") have closed an [Read more]
Point Loma Resources Announces the Spudding of Rex Oil Well
CALGARY, AB / ACCESSWIRE / November 26, 2018 / Point Loma Resources Ltd. (TSX-V: PLX) (the "Corporation" or "Point Loma") is pleased to announce the spudding of the Corporation's recently captured Rex oil opportunity. Additional highlights from recently released third quarter results are also noted below and full results are available on SEDAR. Highlights Rex oil horizontal was spudded November 24. Once drilled, the well is expected to be completed and evaluated prior to year-end. [Read more]
Bird River Resources Inc. Announces 2018 Year End Reserves
WINNIPEG, MB / ACCESSWIRE / November 26, 2018 / Bird River Resources Inc. (CSE: BDR) (the "Bird River" or the "Compan"”) announces the results of its independent reserves evaluation (the "Chapman Report") dated November 15, 2018 and effective July 31, 2018, as prepared by Chapman Petroleum Engineering Ltd. ("Chapman"). Bird River is pleased to announce the Company's year-end 2018 net asset value ("NAV") per share is $0.36 per share. The Company also reported that its 2018 capital [Read more]
Point Loma Resources Announces Third Quarter 2018 Financial and Operating Results
CALGARY, AB / ACCESSWIRE / November 23, 2018 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to report financial and operating results for the three and nine months ended September 30, 2018. Highlights of the period and additional updates are summarized below: HIGHLIGHTS Average daily production has increased to 977 boe/d for the third quarter of 2018, representing a 61% increase compared to the three months ended September 30, 2017. [Read more]
Clearview Reports Second Quarter Results and Operations Update
Bashaw acquisition increases area of focus, improves financial position and adds core competencies; Disposition reduces bank debt to fund the summer capital program; Company's lender confirms credit facility at $21 million; Wilson Creek Cardium horizontal well (85% working interest) achieves IP60 of 251 barrels of oil per day – ahead of type-curve expectations; Equity of $2.0 million raised through September to November, 2018; and Windfall Bluesky horizontal well (100% working [Read more]
Point Loma Resources Announces Receipt of Well Licenses and Commencement of Drilling Program
CALGARY, AB / ACCESSWIRE / November 19, 2018 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce, further to the Corporation's recent entrance into the Rex (Upper Mannville) oil play in the Leduc area of Alberta and additional work-up of a new Lower Mannville oil pool opportunity to the south of its existing Paddle River development, it has now received two well licenses, has commenced lease building activities in the field and intends to [Read more]
Bird River Resources Announces Resumption of Trading on the CSE
WINNIPEG, MB / ACCESSWIRE / October 18, 2018 / Bird River Resources Inc. (CSE: BDR) (the "Company") is pleased to announce that trading in the Company's common shares will resume at market open on Monday, October 22, 2018. During the halt trading period, the Company’s oil and gas operations have continued through its wholly-owned Alberta subsidiary, High Point Oil Inc. ("High Point"). High Point's drilling program has progressed successfully over the summer months and is now producing [Read more]
Point Loma Resources Closes Additional Non-Core Disposition and Kicks-off Q4 2018 Drilling Program Activities
Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to announce that it has closed an additional non-core transaction to sell royalty interests acquired as part of a recent east central Alberta transaction and provides an update on its Q4 2018 drilling program activities. Non-core Asset Dispositions Update Point Loma has sold certain royalty interests and a 1% gross overriding royalty on properties acquired in east [Read more]
Poplar Creek Resources Inc. Announces Appointment of Directors and Officers
Calgary, Alberta (FSCwire) - Poplar Creek Resources Inc. (the “Corporation”) announces that effective October 5, 2018, Gilbert (Gil) Hegel and Nicholas (Nick) Elliott were appointed as directors of the Corporation to fill the vacancies created by earlier resignations of directors. Richard Edgar was also appointed to the positions of Chief Executive Officer, Chief Financial Officer and Secretary of the Corporation. Mr. Hegel is a Professional Engineer with 45 years’ experience in the Oil and [Read more]
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