Pennant Energy Inc.

Blackbird Energy and Pennant Energy are pleased to announce that the Supreme Court of British Columbia has approved the plan of arrangement between Blackbird and Pennant pursuant to the Business Corporations Act. As previously announced on February 18, 2014, Blackbird and Pennant entered into an arrangement agreement dated February 17, 2014 [...]

Blackbird Energy and Pennant Energy are pleased to announce that shareholders of Pennant have approved the proposed business combination of Blackbird and Pennant at the meeting of shareholders of Pennant held on April 4, 2014, with 98.5% of the Pennant shareholders appearing at the meeting voting in favour of the Transaction. "Blackbird has taken [...]

Blackbird Energy and Pennant Energy are pleased to announce that they have obtained an Interim Order of the Supreme Court of British Columbia with respect to their proposed plan of arrangement pursuant to the Business Corporations Act. The TSX Venture Exchange has also conditionally approved the Arrangement. As announced in the companies' joint [...]

Blackbird Energy and Pennant Energy are pleased to announce that they have entered into an arrangement agreement dated February 17, 2014, whereby Blackbird will acquire all of the outstanding shares of Pennant from the shareholders of Pennant in exchange for shares of Blackbird on the basis of one Pennant share for 0.42857 corresponding shares of [...]

Pennant Energy is pleased to announce that its partner, Blackbird Energy, plans to spud the first horizontal well on the Mantario Oil Project in the second quarter of 2014, subject to weather and rig availability. The well will be spudded from a surface location at 16-1-26-25W3 with a horizontal lateral length of 800 meters. The trajectory of the [...]

Pennant Energy is pleased to provide an update on its continued operations. At the recently drilled A15-6-26-24W3 well on its Mantario project, Pennant encountered a 20 meter pay section in the Success formation containing oil bearing sands. The well is now tied in and producing approximately 25 bbls/d of heavy oil with minimal water cut. The well [...]

Pennant Energy is pleased to provide an update on its Mantario oil project. Pennant has completed its first Mantario Success Well at A15-6-26-24W3. The A15-6 Well encountered approximately 20 metres of oil bearing sands in the Success Formation. The A15-6 Well has been cased, perforated and was put into production on November 8, 2013. The A15-6 [...]

Pennant Energy announces today that it has granted stock options to certain of its directors and officers and to its investor relations consultant to purchase a total of 3,000,000 common shares of the Company pursuant to the terms of the Company's stock option plan. All of the options are exercisable at a price of $0.05 per share until October 16 [...]

Pennant Energy announces that it has completed its previously announced non-brokered private placement of 455 unsecured convertible debentures in the aggregate principal amount of $455,000. The Company also issued 9,100,000 share purchase warrants, with each Warrant entitling the holder to purchase one common share of the Company at a price of [...]

Pennant announces that, subject to regulatory approval, it will be conducting a non-brokered private placement of unsecured convertible debentures in the aggregate principal amount of up to $500,000. Each Convertible Debenture will be convertible into common shares of the Company. The Company will issue 20,000 share purchase warrants for each [...]