VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/24/12 -- Petrichor Energy Inc. (TSX VENTURE: PTP)(FRANKFURT: YQN) (Petrichor or the Company) announces further to its News Releases dated July 30, and August 31, 2012, that it has entered into an amended and restated Participation Agreement dated October 12, 2012, subject to receipt of regulatory approval, with BlakEnergy, Ltd., a private Texas corporation, to acquire a [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/11/12 -- Petrichor Energy Inc. (TSX VENTURE: PTP)(FRANKFURT: YQN) (Petrichor or the Company) announces the grant, pursuant to its 10% Rolling Stock Option Plan, which was approved by shareholders on September 29, 2011 and accepted for filing by the TSX Venture Exchange on October 4, 2011, of options to certain eligible participants for the purchase an aggregate of [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/31/12 -- Petrichor Energy Inc. (TSX VENTURE: PTP)(FRANKFURT: YQN) (Petrichor or the Company) announces further to its News Release dated July 30, 2012 that it has now entered into a definitive Participation Agreement, subject to receipt of regulatory approval, to acquire a 50% working interest in certain acreage covering approximately 7045 acres located in Young County [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/30/12 -- Petrichor Energy Inc. (TSX VENTURE: PTP)(FRANKFURT: YQN) (Petrichor or the Company) announces that it has entered into a Letter of Intent (LOI) to acquire a 50% working interest in certain acreage covering approximately 3,017 acres located in Young County, Texas and approximately 902 acres located in Jack County, Texas, known as the Marble Falls Prospect [...]
Petrichor Energy Inc. reports it has notified the Operator that it has elected to participate in the fracing and completion of the Ranft 2H well (reference News Release February 3, 27, and March 23, 2012) scheduled for May 2, 2012. A two-stage 21,000 bbl. water frac has been designed at the request of the technical partners by Pro-STM. This treatment procedure is commonly used with great success in Austin Chalk [...]
In accordance with National Instrument 62-103, Mr. Joe DeVries announces that on April 10, 2012 he directly acquired 10,000 shares of Petrichor Energy at a price of $0.26 per share in the public market through the facilities of the TSX Venture Exchange. The Offeror has control over the acquisition and disposition of any shares owned by the Offeror.
Petrichor announces that it has closed the private placement announced in a News Release dated February 9, 2012. On March 29, 2012 the Company received acceptance from the TSX to close the private placement. In accordance with the provisions of the Subscription Agreements, on April 9, the Company issued a total of 4,575,000 Units at $0.25 per Unit, each Unit consisting of one common share and one share purchase warrant [...]
Petrichor Energy reports it has been notified by the Operator that the Ranft 1H well (reference News Release February 3 and 27, 2012) has been completed in. In drilling the curve through the Austin Chalk and just before landing, a small 6-7 FT was encountered throwing the lateral into the Eagleford Shale below the target line. The lateral was steered back up into stratigraphic section on an angle calculated to intercept [...]
Petrichor Energy Inc. reports it has been notified by the Operator that the Ranft 1H well was spud on February 24, 2012. The Ranft 1H well is the first of two horizontal laterals in each of two vertical wells that will be drilled in the Edwards formation. The Ranft lease is centrally located in an area of the Darst Creek field that has seen the successful completion and production of new oil wells utilizing horizontal [...]
Petrichor Energy Inc. announces that it has negotiated, subject to acceptance by the Exchange, a private placement for gross proceeds up to $1,500,000. These funds will be raised by the Company issuing a total of up to 6,000,000 Units (the "Units") at a price of $0.25 per Unit, each Unit consisting of one common share and one share purchase warrant, each warrant entitling the holder thereof to purchase one additional [...]
Petrichor Energy Inc is pleased to announce that it has entered into a Participation Agreement to earn a 44.81% working interest in 183.3 acres that are centrally located in the Darst Creek Edwards Field in Guadalupe County, Texas, including the waste water well and production facilities presently completed. The Company will earn its interest by paying 57.15% of the costs to drill and complete two Horizontal laterals in [...]
Petrichor Energy Inc. announces the grant, pursuant to its 10% Rolling Stock Option Plan, which was approved by shareholders on September 29, 2011 and accepted for filing by the TSX Venture Exchange on October 4, 2011, of options to certain eligible participants for the purchase an aggregate of 1,000,000 common shares, exercisable in whole or in part on or before October 10, 2016, at a price of $0.185 per share.