Map of Wells Associated with Petroshale (Us) Inc. Production By Month For Petroshale (Us) Inc. Petroshale (Us) Inc. Production By County. Subscribe now to read the latest news in your city and across Canada. 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. Copyright 2023 CNW Group Ltd. All Rights Reserved. New Town, ND 58763 The agreement will give Petroshale the ownership of assets including existing light oil production, as well as 3 drilling units. The New Management Team has a successful track record of creating shareholder value through a disciplined and long term integrated strategy of acquiring and developing assets, most recently at TORC Oil & Gas Ltd. ("TORC"). [1] For all assets in North Dakota, the asset name is based on the name of the field and the name of the operator. Additional information on these and other factors that could affect PetroShale's operations and financial results following the completion of the Private Placements are included in its Annual Information Form for the year ended December 31, 2020 and other reports on file with Canadian securities regulatory authorities, which may be accessed through the SEDAR website (www.sedar.com). We are a pure-play North Dakota Bakken producer . This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. With the resulting financial returns enhanced by increasingly positive market conditions, the New Management Team is excited to implement a proven disciplined strategy of acquiring and exploiting assets. PetroShale has the following key operational and financial attributes: 2022E Average: 10,500 11,000 boepd (85% light oil and liquids), 2022E Exit: 11,000 boepd (85% light oil and liquids), Approximately 72 MMboe (87% light oil and liquids), Corporate production decline: 30% (2022E), Capital Efficiency(2),(3): $17,000/boepd (IP 365), $134 million ($82 million pro forma the Private Placements), 521 million (657 million pro forma the Private Placements). CALGARY, AB, Jan. 13, 2022 /CNW/ - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQB: PSHIF) is pleased to announce the appointment of a new management team (the "New Management Team") led by Brett Herman as President & Chief Executive Officer, Jason Skehar as Chief Operating Officer, Marvin Tang as Vice President, Finance & Chief Financial Officer, Sandy Brown as Vice President, Geosciences, Kristine Lavergne as Vice President, Engineering, and Shane Manchester as Vice President, Operations. 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. For the full 2022 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit www.tsx.com/venture50. Petroshale Profile and History. Unauthorized distribution, transmission or republication strictly prohibited. Peters & Co. Limited is acting as exclusive financial advisor to the New Management Team. Fax: 303-295-10592, 12801 County Rd. Simple, actionable information at your fingertips. 350 - 7th Ave SW, Suite 3900. . United States of America. Mailing Address: The last action for this lease occurred on November 17, 2021. The map below shows the exact location of the asset in the state of North Dakota in the United States. Mr. Skehar has extensive oil and gas experience in leadership and operational roles, most recently as the President & CEO of Bonavista Energy Corporation ("Bonavista"). Tel: 701-863-6622 Defendant: Continental Resources, Inc. Case Number: 1:2017cv00217: Filed: October 11, 2017: Court: US District Court for the District . Reporting Entity Name Currency of the Report Reporting Entity ESTMA This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements"). Billings At no time has Petro-Hunt, L.L.C. Click here to Upgrade And Get Immediate Access. These are the closest 20 properties to the Petroshale Us property. Contest trading begins at 9:30 a.m. We are sorry, but your computer or network may be sending automated queries. Head Office Address. Plaintiff: Petroshale (US), Inc. Actual results could differ materially from those currently anticipated due to a number of factors and risks. "Net debt/cash flow" is calculated based on estimates by PetroShale of PetroShale's ratio of net debt to cash flow. PetroShale Inc. CAD. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. 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. Lists Featuring This Company Canada Energy Companies DENVER , Completion of the Private Placements, is subject to certain conditions, including the approval of the TSXV, and is expected to occur on or about February 2, 2022 assuming all conditions have been met by such day. Lucero is committed to upholding the highest standard of corporate responsibility. [1] Ms. Lavergne has over 18 years of oil and gas engineering experience, particularly in the Williston Basin, and most recently was the Engineering Manager of TORC Oil & Gas Ltd. Clerk's office added description of Attachment A. Business Address: Burke Denver, CO 80203 USA, 1800 350 7th Avenue SW While we are constantly updating and improving our datasets and product, we do not guarantee that the results and coverage provided are 100% complete and up to date. This advertisement has not loaded yet, but your article continues below. Our approach to doing business is centered around sustainability, the environment, and both accountability and commitment with all stakeholders. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. . Please try again. ET on Thursday, March 3, 2022 and ends at 4 p.m. 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 If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. 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. In addition, all pages on Bizapedia will be The next issue of Financial Post Top Stories will soon be in your inbox. Petro-Hunt has active operation in Louisiana and Texas, Petro-Hunt has active operations in 4 counties in West Texas, Operates 775 wells in the Williston Basin, Non-Operated Working Interest partner in 8,200 wells, Non-Operated Working Interest partner in 1,400 wells, Operates 105 wells in West Texas in the Delaware Basin. If you have any questions don't hesitate to contact us. Unauthorized distribution, transmission or republication strictly prohibited. We are a pure-play North Dakota Bakken producer focused on top-tier acreage quality. Petroshale (US), Inc. v. Continental Resources, Inc. (1:17-cv-00217), North Dakota District Court, Filed: 10/11/2017 - PacerMonitor Mobile Federal and Bankruptcy Court PACER Dockets. Shale Experts offers the most COMPLETE coverage of the . Petroshale corporate office is located in 421-7th Ave SW, Calgary, Alberta, T2P 4K9, Canada and has 45 employees. Proceeds from the Private Placements will be used to reduce debt and for general corporate purposes, positioning the Company to execute on a disciplined corporate strategy. 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. Bismarck, ND 58501 80203-1262. FILE - North Dakota Gov. Oil and Gas information that can give you a competitive edge in a very competitive landscape. Tel: 701-982-3351, 390 119th Ave. SW PetroShale is an oil company engaged in the acquisition, development and consolidation of interests in the North Dakota Bakken / Three Forks. Divide Youre invited to participate in a stock trading simulation contest featuring this years top 50 performing public venture companies on TSX Venture Exchange. More particularly, this press release contains forward-looking statements concerning: the number, the price and the type of securities to be issued by PetroShale pursuant to the Private Placements; the aggregate proceeds from the proposed Private Placements and the anticipated use of proceeds therefrom; PetroShale's estimates of year end net debt, including following the Private Placements; estimated cash flow from PetroShale's assets; the new and existing directors of the PetroShale Board and members of the New Management Team following completion of the Private Placements; PetroShale's future production estimates; the manner in which the 2022 capital budget will be spent, including the types of capital expenditures; the ability of incoming New Management Team to repeat its financial and operational success through on completion of the Private Placements; the business plan of PetroShale following the completion of the Private Placements; the expectations relating to business advantages and opportunities in the oil and gas industry given current market conditions; expectations as to the corporate decline rate and capital efficiency; the expectation that the name of the Company will be changed following completion of the Private Placements. Lambert, MT 59243 Information in relation to the previous experience of New Management Team is not indicative of the future performance of PetroShale following the Private Placements. To protect our site, we cannot process your request right now. While logged in and authenticated, you will not be asked to solve any complicated Recaptcha V2 challenges. Get email updates from your favourite authors. 2101 Cedar Springs Rd. Stark. This press release is not an offer of the securities for sale in the United States. The Company has a platform of light oil assets located in the prolific North Dakota Bakken/Three Forks play. * Earnings dates may be subject to change. 2023 DrillingEdge, Inc. All rights reserved. Calgary, AB T2P 3N9, April 10, 2023 Lucero Energy Corp Announces Inaugural Sustainability Report, March 9, 2023 Lucero Announces Fourth Quarter and Year-End 2022 Financial & Operating Results, Highlighted by Record Funds Flow and Net Income, and Reports Year-End 2022 Reserves, December 15, 2022 Lucero Announces 2023 Capital Budget & Production Guidance. the state. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. Bear Den - Petroshale Asset is an operating oil and gas asset in the state of North Dakota in the United States. To: 2020-12-31. TORC grew from nil production to more than 28,000 Boepd through the successful execution of several strategic acquisitions, combined with a low risk development drilling and exploitation program that advanced the prolific Bakken resource play in the southeast Saskatchewan region of the Williston Basin. is comprised solely of the family-owned entities headquartered in Dallas, Texas, as described herein, including Petro-Hunt, L.L.C. PetroShale's lower-risk North Dakota assets are characterized by compelling rates of return driven by robust operating netbacks, strong initial production rates and high estimated ultimate recoveries. We are a technically driven company focused on land interests with near term drilling exposure. with up to 5 times the number of maximum matches per search vs. non-subscribers. This story was provided by Market One Media Group for commercial purposes. Stay in touch with our Daily Email Newsletter. Doug Burgum today signed a major pension reform bill that protects the retirement benefits for existing public employees and retirees and also protects taxpayers in the long-term by addressing a $1.9 billion unfunded liability in the North Dakota Public Employees Retirement System (NDPERS). He was the President and Chief Executive Officer overseeing the operations of Baytex, growing production to over 40,000 boe/d. Suite 301 Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. PetroShale Inc., crowned one of the winners of this year's TSX Venture 50, has a long-term approach to creating shareholder value. 80203-1262 Petroshale (us) Inc. Activity Summary Powered by: MineralAnswers.com Petroshale (us) Inc. Production Chart Please Upgrade it take less then a minute. #38033 - petroshale (us) inc., tahu 2mbh, se ne 29-152n-94w, mckenzie co. . North Dakota owned by Petroshale Inc USand Oasis Petro North America LLC. solutions, Additional services customized for your needs. Mountrail 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. Petroshale's current production is similar to Kodiak's production level in 2008, and Petroshale operates in the same region. that Petroshale (us) Inc. can drill in the future. 2023 Shale Experts, All rights reserved. A major drilling operator has reportedly saved C$130k and avoided multiple trips per sect EPC giant, TechnipFMC has landed subsea contracts for Anadarkos Mozambique LNG Project. Jan 2017 - Apr 2023). Office Locations Corporate Headquarters Petro-Hunt, L.L.C. company profile page along with the rest of the general data. Your entire office will be able to use your search subscription. PetroShale Incorporation has signed a $55 million deal to buy assets in North Dakota Bakken region. Track new and recompletion permits by: well name, class, (Oil, Gas, etc) county, state, operator, permit date and, status, API, lease information, and legal description, Rig Locations Map / Database: Updated Weekly, Search and view rig locations by: operator, well name, county, state, and wellbore type, Search for the number of wells planned to drill / complete, rigs, lateral lengths, and frac stages. PetroShale is an oil company engaged in the acquisition, development and production of high-quality oil-weighted assets in the North Dakota Bakken / Three Forks. North Dakota Oil & Gas Producers Petroshale (us) Inc. Petroshale (us) Inc. DENVER , PetroShale plans to continue to grow organically and pursue further drilling on existing assets. PetroShale Incorporation has signed a $55 million deal to buy assets in North Dakota Bakken region. if the company chooses to hide the private information on their profile from the general public. A boe conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. (4) Year-end net debt (2022E) does not include proceeds from the exercise of any Warrants. We are a technically driven company focused on land interests with near term drilling exposure. PetroShale disclaims any intention or obligation to update or revise any FOFI statements, whether as a result of new information, future events or otherwise, except as required by law. Fax: 406-774-3117, County Rd. and 6,592 MCF of gas, Dallas, TX 75201 Shale Experts is a Members ONLY resource. Phone Number. By combining unique design features in our Class II salt water disposal wells with efficient gathering systems and managing those systems with state of art SCADA software, Henry Hill Oil can reduce the cost of salt water disposal, reduce wear on well pads, and help position our partners to handle their salt water disposal needs for . 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. BISMARCK, N.D. - Gov. The New Management Team has a strong track record of disciplined operating and consolidating success in the Williston Basin, where PetroShale's existing asset base is located (within the prolific North Dakota Bakken). 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. Tel: 701-675-2467 Operator Summary Operator Name: Petroshale (Us) Inc. Production Dates on File: September 2016 to February 2023 2 Counties With Production 44 Currently Producing Wells 91 Total Wells 197.8 k Barrels of Oil Produced in Feb 2023 455.8 k MCF of Gas Produced in Feb 2023 Map of Wells Associated with Petroshale (Us) Inc. More than 2,500 Subscribers rely on our data each day. Track A&D/M&A transactions by: buyer, seller, deal value, production, reserves, acreage, price per BOE, Access select maps from operator presentations for acreage, acquisitions, trends, and more, Track the latest well results and performance from operators in the Permian-basin, Track spending quarter by quarter as operators adjust spending throughout the year, Property Listings (Assets for sale by Operator, State, County, Region, Type), Still not sure? PetroShale's strategic objectives associated with the 2022 capital budget are consistent with the New Management Team's long term objectives of delivering disciplined per share growth in combination with maintaining financial flexibility. CO . Information on the lease was last updated on October 1, 2021. House Bill 1540 will have a positive impact on thousands of . Suite 600 Governor Doug Burgum, members of the 69th 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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 Location The map below shows the exact location of the asset in the state of North Dakota in the United States. In January, 2022, we announced a new management team and board member, and an oversubscribed $54.5 million equity financing designed to recapitalize the Company. Mr. Tang has over 17 years of oil and gas experience in various financial and compliance related roles, most recently as the VP & Controller of TORC Oil & Gas Ltd. The company has an estimated daily production 80203-1262, Petroshale (us) Inc. Fax: 701-675-2504, 12710 95th St. NW The expanded PetroShale Board has a solid track record of building, financing and directing oil and gas companies and brings a wide range of experience, knowledge and innovation to the recapitalized entity. Due to strong demand, PetroShale agreed to increase the size of the Brokered Private Placement from its initial target of $30 million. North Dakota; McKenzie County, ND; Oil & Gas Properties in McKenzie County, ND; Petroshale Us Oil & Gas Property; Map of Wells Full Screen Map 3-D Map .

Ge 12723 Vs 46199, Car Accident In Newport Beach Yesterday, Articles P