CALGARY, AB / ACCESSWIRE / July 17, 2019 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or “Point Loma”) is pleased to announce the retention of Mackie Research Capital Corporation (“MRCC”) to market the Corporation’s Wizard Lake Rex oil property in central Alberta. Highlights: MRCC and Point Loma have entered into an engagement agreement whereby Mackie will canvas the market for parties potentially interested in a transaction to acquire the Corporation’s interest in [Read more]
Point Loma Resources Announces Operational Update of Wizard Lake Rex Oil Discovery and Issuance of Settlement Units
CALGARY, AB / ACCESSWIRE / July 4, 2019 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce an update on production and upcoming development drilling of the Corporation's Wizard Lake Rex oil discovery and the issuance of Settlement Units (as defined below). Highlights: The Wizard Lake 16-17-48-27W4 Rex oil discovery well was placed on production June 5, 2019. Oil production for the month of June is estimated at 4,280 bbls over a [Read more]
Point Loma Resources Announces Initial Production From Wizard Lake Rex Oil Discovery and Announces June 19th Live Webinar at 11:00am PT (2:00pm ET)
CALGARY, ALBERTA / ACCESSWIRE / June 18, 2019 / Point Loma Resources Ltd. (TSX-V: PLX) (the "Corporation" or "Point Loma") is pleased to announce first oil production from the Corporation's Wizard Lake Rex oil discovery and provides an operational update. Point Loma would also like to announce that it will be hosting a live webinar at 11:00am PT (2:00pm ET) on Wednesday, June 19th. Please see webinar details below. Highlights: The Wizard Lake 16-17-48-27W4 Rex oil well was placed on [Read more]
American Resources Corporation Upgrades Deane Mining’s Mill Creek Prep Plant
FISHERS, IN / ACCESSWIRE / June 5, 2019 / American Resources Corporation (NASDAQ: AREC), a supplier to the rapidly growing global infrastructure marketplace, with a primary focus on the extraction, processing, transportation and selling of metallurgical coal to the steel industry, announced today that they have started the process to upgrade the Mill Creek coal preparation plant to allow the company to commercially process premium stoker sized coal. American Resources' Mill Creek Prep Plant is [Read more]
Point Loma Resources Enters Into Debt Settlement Agreements
CALGARY, AB / ACCESSWIRE / May 31, 2019 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") announces that in order to preserve its cash on hand, it has entered into debt settlement agreements with certain arm's length parties to settle trade payables in the sum of $543,750 in consideration for the issuance of 3,020,835 settlement units where each unit is comprised of one common share in the capital of the Corporation (the "Common Shares") and one common share [Read more]
Red Pine Announces Results of Annual and Special Meeting of Shareholders
VANCOUVER, BC / ACCESSWIRE / May 30, 2019 / Red Pine Petroleum Ltd. (TSXV: RPN) (the "Company") is pleased to announce the voting results from the Company's Annual General and Special Meeting of shareholders held on May 31, 2019 (the "Meeting"). A total of 21,672,736 shares or 69.35% of the outstanding shares of the Company were represented at the Meeting by proxy or in person. All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and [Read more]
Point Loma Resources Announces Two Well Farm-out to Further Delineate the Wizard Lake Rex Oil Discovery
CALGARY, AB / ACCESSWIRE / May 30, 2019 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce a farm-out on the Corporation's evolving Wizard Lake Rex oil discovery and provides an operational update. Highlights: Point Loma's current 30% working interest partner, Salt Bush Energy Ltd. ("Salt Bush"), has agreed to a two well farm-in transaction with Point Loma at Wizard Lake whereby Salt Bush will incur 100% of the costs to drill, [Read more]
Camber Energy Announces the Full Reduction of $1.1 Million of Its Series B Preferred Stock Liquidation Preference
HOUSTON, TX / ACCESSWIRE / May 21, 2019 / Camber Energy, Inc. (NYSE American: CEI) (the "Company" or "Camber"), based in Houston, Texas, which as previously announced is working to finalize definitive documents to complete the acquisition of Lineal Star Holdings' subsidiaries ("Lineal"), www.LinealStar.com, which provide midstream and downstream pipeline integrity services, specialty construction and field services, pursuant to the Company's previously disclosed non-binding letter of intent, [Read more]
Valeura Energy Inc. Announces Notice financial and operating results for Q1 2019
Notice of Financial and Operating Results for the First Quarter Of 2019, Annual Meeting, and Webcast CALGARY, AB / ACCESSWIRE / May 3, 2019 / Valeura Energy Inc. (TSX:VLE; LSE:VLU) ("Valeura" or the "Company"), the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey in partnership with Equinor, will announce its consolidated financial and operating results for Q1 2019, before markets open on May 9, 2019. The Company [Read more]
Red Pine Announces Changes to Board and Management
VANCOUVER, BC / ACCESSWIRE / April 12, 2019 / Red Pine Petroleum Ltd. (TSXV: RPN) (the "Company") today announced that Paul Chung and Ming Sheng have resigned as directors and, respectively, Chief Executive Officer and President, and Chief Financial Officer and Secretary of the Company. The Company has appointed Michael Lerner as Chief Executive Officer and director, and Matthew Fish as Chief Financial Officer to manage the affairs of the Company. The Company wishes to Mr. Chung and Mr. Sheng [Read more]
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