Lucero Energy Corp. - Positioning For Long-Term Sustainability (2) Capital efficiency is a measure of forecast capital expenditures divided by forecast production additions. Prior thereto, Mr. Skehar was the President & Chief Operating Officer of Bonavista and its predecessor, Bonavista Energy Trust. and 6,592 MCF of gas, Petro-Hunt L.L.C. Petroshale Announces Shareholder Meeting Results Including Shareholder Fax: 361-887-1804, 508 W Wall St By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Mr. Skehar has extensive oil and gas experience in leadership and operational roles, most recently as the President & CEO of Bonavista Energy Corporation ("Bonavista"). Petroshale - Overview, News & Competitors | ZoomInfo.com "Net debt/cash flow" is calculated based on estimates by PetroShale of PetroShale's ratio of net debt to cash flow. Petroshale's current production is similar to Kodiak's production level in 2008, and Petroshale operates in the same region. petroshale inc petroshale inc petroshale shale inc petroshale us inc petroshale ( us) inc Petroshale Global Presence Search All Employees Petroshale CEO Brett Herman Director, President & Chief Executive Officer Phone Email See Profile Tel: 214-880-8400 Map of Wells Associated with Petroshale (Us) Inc. Production By Month For Petroshale (Us) Inc. Petroshale (Us) Inc. Production By County. This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements"). Drilling Activity (
Lucero is a pure-play North Dakota Bakken / Three Forks producer focused on top-tier acreage quality, and targeting the acquisition, development and production of oil and natural gas assets. * Earnings dates may be subject to change. Register now for Canadas Top Public Venture Capitalist Contest: https://v50.stocktrak.com/members/register. Forth Berthold Indian Reservation Bureau of Indian Affairs, Fort . Bear Den - Petroshale Asset is an operating oil and gas asset in the state of North Dakota in the United States. U.S. Army Corps of Engineers St. Paul District Public Affairs Office 332 Minnesota St., Suite E1500 St. Paul, MN 55101 Phone: (651) 290-5807 Fax: (651) 290-5752 Unauthorized distribution, transmission or republication strictly prohibited. Oil & Gas Property in McKenzie County, ND, Our Valuation Estimates for Petroshale Us, * Assessment based on future expected revenue ** Based on a 36 month multiple of average monthly estimated revenue. In addition, all pages on Bizapedia will be
Lucero (or PetroShale (US) Inc.) provides exposure to a focused land base within the core of the Bakken, which offers significant multi-zone oil development opportunities. Billings Burnet, Duckworth and Palmer LLP is acting as counsel to PetroShale, and McCarthy TtraultLLP is acting as counsel to the syndicate of agents led by Peters & Co. Limited in respect of the Brokered Private Placement. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Stay in touch with our Daily Email Newsletter. PetroShale believes that "net debt" is a useful measure to assist investors in understanding liquidity at a specific point in time and is calculated as an estimate by PetroShale of PetroShale's total current assets less total current liabilities (excluding financial derivative liability), less senior credit facility. Drilling wells, permits, operators and production information can give you an edge. 303 E 17th Ave Ste 940 are no permits filed with the state Each registrant will be provided an initial balance of $50,000 of virtual cash in their contest portfolio account (no actual money will be involved) and asked to build a portfolio based on this years TSX Venture 50. Henry Hill's water solutions are designed with you in mind. Concurrent with the appointment of the New Management Team and the Non-Brokered Private Placement, PetroShale has entered into an agreement, on a commercially reasonable efforts private placement basis, with a syndicate of agents led by Peters & Co. Limited for 112,500,000 Common Shares at a price of $0.40 per Common Share for gross proceeds of up to $45 million. We apologize, but this video has failed to load. Check back regularly to keep up to date on drilling to maintain the 'DrillingEdge'. PETROSHALE (US) INC. in Fargo, ND | Company Info & Reviews Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300 With a new management team on board and a strong vision in place, PetroShale Inc. (TSXV:PSH) has been recognized as one of this year's TSX Venture 50 winners. Reporting Year From: 2020-01-01. PetroShale has built a sustainable growth platform of light oil focused assets. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. PetroShale achieved several strategic operational objectives through the execution of the ompany's $63 million capital expenditure1 program in 2021, including efficiently executing on 6 (4.95 net) operated wells and maximizing free cash flow1 from the ompany's high quality assets focused in the North Dakota Bakken and Three Forks play. Law360 (April 20, 2023, 1:23 PM EDT) -- A North Dakota energy company asked a federal judge to toss an amended complaint brought by a rival oil and gas developer over drilling rights, saying the . For further information: Brett Herman, President and Chief Executive Officer, PetroShale Inc., Telephone: 403-266-1717; Marvin Tang, Vice President Finance and Chief Financial Officer, PetroShale Inc., Telephone: 403-266-1717 Share This: Previous Article If you don't see it, please check your junk folder. To protect our site, we cannot process your request right now. Youre invited to participate in a stock trading simulation contest featuring this years top 50 performing public venture companies on TSX Venture Exchange. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. At no time has Petro-Hunt, L.L.C. Most recently, Mr. Herman was the President & CEO of TORC Oil & Gas Ltd., and previously, President & CEO of Result Energy Inc. and TriStar Oil & Gas Ltd. PetroShale is pleased to announce the Company's Board of Directors has approved a 2022 capital budget of US$45 million (CDN$57 million), subject to completing the Private Placements. [1] For all assets in North Dakota, the asset name is based on the name of the field and the name of the operator. We are a pure-play North Dakota Bakken producer focused on top-tier acreage quality. Subscribe now to receive immediate access to. Doug Burgum, members of the 68 th Legislative Assembly and State Tax Commissioner Brian Kroshus today celebrated the signing of a major tax relief package that will provide a combined $515 million in savings for payers of state individual income tax and local property tax over the next two years.. Burgum signed House Bill 1158 with Rep. Craig Headland, the bill's . North Dakota announces 2023 county teachers of the year The Company's two largest shareholders, FR XIII PetroShale Holdings L.P. and M Bruce Chernoff, have waived their respective rights to participate in each of the Non-Brokered Private Placement and the Brokered Private Placement in order to maintain their current pro-rata ownership positions and are not expected to acquire any Common Shares as part of the Company's Private Placements. Mailing Address: Please try again. Burgum, Tax Commissioner and Legislative Assembly Celebrate Signing of PetroShale Announces Property Acquisition, Executive Management and Board Changes and Private Placement PetroShale Inc. is pleased to announce the acquisition of additional land in one of our. 2022-05-18 | Press Release | PETROSHALE INC. ANNOUNCES - stockhouse Pronghorn/Sanish and Lodgepole. We hope you enjoyed your trial to the website. New Town, ND 58763 North Dakota limits bathroom use for transgender people 2101 Cedar Springs Rd. ET on Thursday, April 28, 2022. This press release contains the terms "net debt", "cash flow" and "net debt/cash flow" which do not have standardized meanings prescribed by International Financial Reporting Standards and therefore may not be comparable with the calculation of similar measures by other companies. PDF Petroshale Inc. Announces 2021 Fourth Quarter and Year-end Financial Unlimited online access to articles from across Canada with one account. Burke PDF North Dakota Industrial Commission Permits Approved: Location Outside Petro Hunt | Contact Petroshale Completes Name Change to Lucero Energy Corp. and Announces [1] For all assets in North Dakota, the asset name is based on the name of the field and the name of the operator. (jb) CO . h & p 515 petro-hunt dakota, llc hot rod 149-102-27c-26-3h nw sw 27 149n 102w mckenzie 39294 3305309936 12/02/2022 JOINT RELEASE: Burgum, Legislative Assembly celebrate signing of 197.8 k Barrels of Oil Produced in Feb 2023. Oil and Gas information that can give you a competitive edge in a very competitive landscape. is comprised solely of the family-owned entities headquartered in Dallas, Texas, as described herein, including Petro-Hunt, L.L.C. Due to strong demand, PetroShale agreed to increase the size of the Brokered Private Placement from its initial target of $30 million. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. PetroShale is an oil company engaged in the acquisition, development and consolidation of interests in the North Dakota Bakken / Three Forks. 303 E. 17th Avenue, Suite 940 ever been included, affiliated or connected in any way with or had any joint or common business enterprises or dealings of any kind with Petro-Hunt, Inc., a Kentucky corporation, its president J. North Dakota Office of the State Tax Commissioner $ 8,074,587 $ 8,074,587 . Information in relation to the previous experience of New Management Team is not indicative of the future performance of PetroShale following the Private Placements. Doug Burgum today signed House Bill 1540, which provides nearly $66 million to support child care services and help address a major barrier to workforce participation as North Dakota continues to face a severe workforce shortage. Anderson South 3MBH | API #33-053-09113 | Petroshale (Us) Inc. Read more in our press release. Lucero is committed to upholding the highest standard of corporate responsibility. 4561 106th Ave. NW Dallas, TX 75201 We are a technically driven company focused on land interests with near term drilling exposure. Aggregated production of all wells and leases associated with this property, Oil & Gas Properties in McKenzie County, ND, Burlington Resources Oil & Gas Company LP. PetroShale's actual results, performance or achievement following the completion of the Private Placements could differ materially from those expressed in, or implied by, these FOFI, or if any of them do so, what benefits PetroShale will derive therefrom. . Investing in higher rate of return, lower risk light oil opportunities across the Company's high quality, low risk development drilling inventory; Maximizing free cash flow through an efficient capital program focused on high graded development drilling opportunities; Moderating the Company's production decline profile; Directing the pace of the capital program to maintain spending flexibility throughout the year; and. Prior thereto, Ms. Lavergne specialized in various engineering roles at Legacy Oil + Gas Inc.,TriStar Oil & Gas Ltd., and Harvest Energy Trust. All securities issued in connection with the Private Placements will be subject to a Canadian statutory hold period of four months plus one day from the respective date of closing. Bear Den - Petroshale Oil and Gas Asset (North Dakota, United States PetroShale plans to continue to grow organically and pursue further drilling on existing assets. Lists Featuring This Company Canada Energy Companies Our new management team has a strong track record of disciplined operating and consolidating success in the Williston Basin.