BOE Report

Point Loma Resources Announces Non-core Gas Property Dispositions for Cash Proceeds

Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to announce that it has entered into an agreement to sell a minor interest in a gas property acquired as part of a previous transaction. The sale price of the non-core disposition is approximately $350,000 net to Point Loma, before customary closing adjustments, and will be paid in cash. Highlights Point Loma and Salt Bush Energy (‘Joint Venture Partner”) have [Read more]

Perisson Clarifies its August 21, 2018 Announcement of a Memorandum of Understanding to Raise up to USD $50 Million Through an Equity Private Placement and Updates its Ongoing Material Transactions

Calgary, Alberta (FSCwire) - Perisson Petroleum Corporation (“Perisson” or the “Company”) (TSXV:POG) clarifies it August 21, 2018 press release announcing a Memorandum of Understanding to raise up to USD $50 million through an equity private placement and provides additional updates as to its current proposed transactions.   On August 21, 2018 the Company signed an MOU with Lan Cheng Limited, a private investment fund (the “Fund”), as disclosed in its recent August 21, 2018 press release. [Read more]

Canadian Overseas Petroleum Ltd Announces 3M Pounds Common Share Offering Admitted to Trading

Calgary, Alberta (FSCwire) - Further to the announcement dated 17 August 2018, Canadian Overseas Petroleum Limited (the "Company") (TSXV: XOP) (LSE: COPL) announces the admission (the "New Share Admission") to the standard listing segment of the Official List maintained by the Financial Conduct Authority, and to trading on the main market for listed securities of London Stock Exchange plc (the "London Stock Exchange"), of 895,523,000 new common shares of no par [Read more]

Eco (Atlantic) Oil and Gas Ltd Announces First Quarter Results for the three months ended 30 June 2018 and Operational Update

Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is pleased to announce its unaudited results for the three months ended 30 June 2018 and provide a corporate and operational update. Click on, or paste the following link into your web browser, to view the associated PDF document. http://www.rns-pdf.londonstockexchange.com/rns/0626Z_1-2018-8-28.pdf [Read more]

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]