BOE Report

Emerald Bay Energy to Drill First Two Wells with HugoCellR Partnership

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc.  (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company has secured a rig to consecutively drill two new wells on the F. Poenitz lease this September.   These are the first two wells to be drilled with the Company’s new partner HugoCellR Ltd. (“Hugo”).   Commented Shelby D. Beattie, President and CEO, “We are very excited to begin our partnership with Hugo.  Under terms of the partnership, Hugo will pay [Read more]

Canadian Overseas Petroleum Publication of Prospectus

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 that, further to the announcement on August 17, 2018 with regard to the 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 [Read more]

Point Loma Resources Announces Second Quarter 2018 Financial and Operating Results

Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or “Point Loma”) is pleased to report financial and operating results for the three and six months ended June 30, 2018. Highlights of the period and additional updates are summarized below: HIGHLIGHTS Current oil and NGL production has increased approximately 100% from the first quarter to 260 bbl/d. Overall boe/d production increased 36% from the first quarter. Operating costs [Read more]

Emerald Bay Energy Acquires 50 Acre Poenitz Lease for HugoCellR Partnership

Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company has acquired the 50 acre F. Poenitz mineral lease near LaVernia Texas for the new well development program with HugoCellR, LTD. (“Hugo”).  The lease has 16-20 potential drilling locations with targets in the Navarro, Olmos, Pecan Gap, and Austin Chalk formations. About Emerald Bay Emerald Bay Energy Inc. (EBY) is an energy company with oil [Read more]

Perisson Announces Memorandum of Understanding to Raise USD $50 Million Through an Equity Private Placement

Calgary, Alberta (FSCwire) - Perisson Petroleum Corporation (“Perisson” or the “Company”) (TSXV: POG) is pleased to announce that it has signed a Memorandum of Understanding (the “MOU”) with Lan Cheng Limited, a private investment fund (the “Fund”). Following the successful completion of due diligence by the Fund, which has been ongoing for several weeks, the Fund intends to purchase approximately 45,678,787 common shares of the Company at a price of USD $1.0946 per share, resulting in gross [Read more]

Point Loma Resources Announces Closing of 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 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]