CALGARY, ALBERTA--(Marketwired - May 15, 2014) - DeeThree Exploration Ltd. ("DeeThree") ("Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to release an operational update and its financial and operational results for the quarter ended March 31, 2014. FINANCIAL AND OPERATIONAL HIGHLIGHTS Financial and operational highlights for the interim period ended [...]
DeeThree is pleased to announce that it has entered into an agreement, on a bought deal basis, with a syndicate of underwriters co-led by Cormark Securities Inc. and Macquarie Capital Markets Canada Ltd., including Raymond James Ltd., CIBC, Dundee Securities Ltd., TD Securities Inc., National Bank Financial Inc., and Desjardins Securities Inc., to [...]
DeeThree Exploration is pleased to announce that it has filed its audited financial statements for the year ended December 31, 2013 and related management's discussion and analysis with Canadian securities regulatory authorities. DeeThree's annual information form for the year ended December 31, 2013 has also been filed. The annual information form [...]
DeeThree is pleased to report its 2013 year end oil and gas reserves. At December 31, 2013 DeeThree has increased its proved plus probable reserves by 95% to 39.4 mmboe as compared to the prior year. DeeThree's reserve additions were predominately a result of the successful 2013 drilling program in the Company's two core properties being the Belly [...]
DeeThree Exploration is pleased to announce that based on field estimates it met its targeted 2013 exit production rate of 10,000 boe/d in December 2013 having attained a maximum rate of 10,200 boe/d. DeeThree's current production rate is approximately 9,500 boe/d
DeeThree Exploration is pleased to announce that it has completed a non-brokered private placement of 465,900 common shares issued on a "flow-through" basis as defined in the Income Tax Act (Canada) at a price of $10.75 per common share for aggregate gross proceeds of $5,008,425. The gross proceeds will be used by the Company to incur eligible [...]
DeeThree Exploration announces its 2014 guidance and provides an operational update in respect of a well recently completed on its Brazeau Belly River property. 2014 Guidance The Company will undertake a $230 million capital expenditure program in 2014. This program is focused on the further exploration and development of the Company's Alberta [...]
DeeThree is pleased to announce it has issued an additional 570,000 common shares at $9.25 per common share for gross proceeds of $5,272,500 pursuant to the exercise in full of the over-allotment option in connection with the previously-announced short-form prospectus offering. The offering was led by Raymond James Ltd., Macquarie Capital Markets [...]
DeeThree is pleased to announce that it has completed its previously announced short form prospectus offering, raising gross proceeds of $35,150,000. The Offering was led by Raymond James Ltd., Macquarie Capital Markets Canada Ltd. and Cormark Securities Inc. and included a syndicate of underwriters consisting of Dundee Securities Ltd., TD [...]
DeeThree Exploration is pleased to announce that it has entered into an agreement, on a bought deal basis, with a syndicate of underwriters led by Raymond James Ltd., Macquarie Capital Markets Canada and Cormark Securities Inc., to purchase 3,800,000 common shares of the Company at a price of $9.25 per Common Share for aggregate gross proceeds of [...]
DeeThree Exploration is pleased to announce its financial and operational results for the three and nine months ended September 30, 2013, having achieved a 27% quarter-over-quarter increase in crude oil production. This three-month period ending was the most active quarter operationally in DeeThree's five-year history. Operational Update Continued [...]
DeeThree is pleased to announce the results of a resource evaluation on and limited to DeeThree's Belly River assets located in the Brazeau area of Alberta as of July 31, 2013. The resource evaluation was prepared by Sproule Associates Limited, the Company's independent reserve engineering firm. The evaluation was undertaken to quantify the future [...]