Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to announce that it has closed the acquisition (the “Acquisition”) of an additional working interest in an oil property acquired in June 2018. The purchase price of the Acquisition is $270,000.00, before customary closing adjustments, and was paid with the issuance of 876,623 common shares of the Corporation. Highlights Point Loma has acquired an additional 50 [Read more]
This press release replaces the press release disseminated August 17, 2018 at 5:53 AM ET. The press release contained additional information in the second paragraph. The corrected press release is below:
Canadian Overseas Petroleum 3 million Common Pounds Share Offering Calgary, Alberta (FSCwire) - Canadian Overseas Petroleum Limited (the "Company") (TSXV: XOP) (LSE: COPL), an international oil and gas exploration and development company, is pleased to announce a Common Share offering to raise gross proceeds of £3 million (US$ 3.8 million) (the "Placing"), pursuant to which the Company will issue 895,523,000 new common shares ("Placing Shares") at a price of 0.335 [Read more]
3 Million Pounds Common Share Offering
Calgary, Alberta (FSCwire) - Canadian Overseas Petroleum Limited (the "Company") (TSXV: XOP) (LSE: COPL), an international oil and gas exploration and development company, is pleased to announce a Common Share offering to raise gross proceeds of £3 million (US$ 3.8 million) (the "Placing"), pursuant to which the Company will issue 895,523,000 new common shares ("Placing Shares") at a price of 0.335 pence per Placing Share. Full details of the Placing will be [Read more]
Point Loma Resources Announces Agreement to Acquire Additional Working Interest in Recent Oil Acquisition
Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to announce that it has entered into a definitive agreement to acquire an additional interest in an oil property acquired in June 2018 (the “Acquisition”). The purchase price of the Acquisition is $270,000.00, before customary closing adjustments, and will be paid in the form of 876,623 common shares of the Corporation. Highlights Point Loma has acquired an [Read more]
Enterprise Group Announces Results for Second Quarter 2018
St. Albert, Alberta (FSCwire) - Enterprise Group, Inc. (the “Company” or “Enterprise”) (TSX: E), a consolidator of services to the energy sector; focused primarily on specialized equipment rental; today released its Q2 2018 results. Consolidated: Three months ended June 30, 2018 Three months ended June 30, 2017 restated(2) Six months ended June 30, 2018 Six months ended June 30, 2017 [Read more]
Emerald Bay Energy Moves PRI Rig to Kuhn A5 Well
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) reported today that the Company has moved it’s Production Resources Inc. (PRI) service rig from the Kuhn 3 well to Kuhn A5. The Company had arranged for a third party rig to be available this week to put Kuhn A5 on production. Late last week the Company was informed that rig mobilization to the Kuhn A5 well could take up to 4 weeks and no other rigs in the area were available. The Company [Read more]
Point Loma Resources Provides Operational Update
Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to provide an update on its recent and upcoming activities; Highlights: Production has grown to over 1000 boepd with an increase of approximately 90% of oil and ngl volumes from Q1 2018; Q1-2018 3D seismic program and trade data merger covers an area of approximately 35 square km including the Corporation’s West Cove lands; Analysis of the data has [Read more]
Emerald Bay Energy Sells 165 Barrels of Oil from Poenitz-1
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the “Company” or “Emerald Bay”) is pleased to announce that the Company has sold 165 barrels of oil from the Poenitz-1 well at the Company’s Cottonwood Creek project in Southwest Texas. The Poenitz lease currently has one well producing from the Navarro formation. The Company is in discussions with a potential partner to drill up to 10 additional Navarro and Austin Chalk wells on the 100 acre Poenitz lease, [Read more]
Emerald Bay Energy Begins Kuhn 3 Re-Entry
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that operations have begun to re-enter the Kuhn 3 well and acidize the previously unstimulated Upper Austin Chalk formation. As Kuhn 3 is 40 feet high to the recently completed Kuhn 4 well, our technical team anticipates similar, if not better results. The well will be swab tested over the next over the next 7-10 days to determine flow rates, and the Company will [Read more]
Georox Announces Name Change to Prospera Energy Inc.
Not For Distribution to U.S. News Wire Services or For Dissemination in the United States Kelowna, British Columbia (FSCwire) - Georox Resources Inc. ("Georox" or the "Corporation") (GXR:TSX-V; OF6A:FRA) Pursuant to a resolution passed by shareholders on Jun 28, 2018 Georox has changed the name to Prospera Energy Inc. At the opening of trading on July 19, 2018 the common shares of the Corporation will commence trading on the TSX Venture Exchange under the new name, Cusip No. [Read more]
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