CALGARY, ALBERTA -- (Marketwire) -- 06/17/11 -- Pennant Energy Inc. (TSX VENTURE: PEN) (the 'Company') is pleased to announce that it has entered into an agreement with Secutor Capital Management Corporation and Industrial Alliance Securities (together, the 'Agents'), in connection with a private placement financing of up to 2,777,777 units (the
Thomas Yingling, President of Pennant Energy Inc. is pleased to announce that pursuant to Pennant's news release of March 16, 2011, Donnybrook Energy Inc. has informed the Company that lease construction in preparation of spudding the Montney Horizontal formation test well at Bigstone is ready to go as soon as weather permits, with drilling [...]
Thomas Yingling, President of Pennant Energy is pleased to announce that it is has signed a Farmout Agreement with Donnybrook Energy of Calgary, Alberta for the drilling of a horizontal test well at Donnybrook's Bigstone area, Montney formation, liquids-rich natural gas resource play. Drilling is expected to commence in the third quarter of this [...]
Pennant Energy is pleased to announce that the operator of the Watts Project has informed the Company that construction of the pipeline and tie-in of the “Drumlin Pearl 7-9- 30 -16W4“ well is tentatively scheduled to be completed by mid August. The survey of the pipeline right of way and engineering design has been completed and all necessary ERCB [...]
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