Leucrotta is pleased to announce the completion of its previously announced offering of 7.65 million units of Leucrotta, on a non-brokered private placement basis, to certain officers, employees and directors of Leucrotta, at a price of $1.70 per Unit for aggregate gross proceeds of approximately $13 million, as described in the joint information [...]
The shareholders of Crocotta Energy have agreed to the terms of a Plan of Arrangement with Long Run Exploration Ltd.. Crocotta shareholders will receive 0.415 shares of Long Run and 1 share of a newly-established Montney-focused exploration company called Leucrotta Exploration Inc., for each share held. The exchange listing status of Leucrotta [...]
Long Run Exploration and Crocotta Energy are pleased to announce the successful completion of the previously announced acquisition of Crocotta pursuant to a plan of arrangement under the provisions of the Business Corporations Act (Alberta). The Arrangement was approved by greater than a 99% majority of the Crocotta shareholders who voted on the [...]
Long Run Exploration and Crocotta Energy are pleased to jointly announce that they have mailed to shareholders of record as of the close of business on July 4, 2014, a joint information circular and proxy statement and related materials in connection with the special meeting of holders of common shares of Crocotta and the special meeting of the [...]
Crocotta Energy is pleased to announce the completion of the previously announced bought deal private placement of subscription receipts of 1828073 Alberta Ltd. at a price of $1.70 per Subscription Receipt for aggregate gross proceeds of approximately $45.0 million. National Bank Financial Inc. ("National Bank"), as lead underwriter, together with [...]
Crocotta Energy is pleased to announce that, in connection with the previously announced bought deal private placement offering of subscription receipts of 1828073 Alberta, ExploreCo and the syndicate of underwriters led by National Bank Financial Inc. and including Haywood Securities, Macquarie Capital Markets Canada, GMP Securities, Paradigm [...]
Crocotta Energy is pleased to announce that it has entered into an arrangement whereby Long Run Exploration will acquire all of the issued and outstanding common shares of Crocotta in a transaction valued at approximately $357 million including debt and transaction costs assumed by Long Run. Under the terms of the Arrangement each common share of [...]
Crocotta Energy Inc. (TSX:CTA) is pleased to announce its financial and operating results for the three months ended March 31, 2014, including condensed interim consolidated financial statements, notes to the condensed interim consolidated financial statements, and Management's Discussion and Analysis. All dollar figures are Canadian dollars unless [...]
Crocotta Energy is pleased to announce its 2013 year-end reserves as independently evaluated by GLJ Petroleum Consultants Ltd., in accordance with National Instrument 51-101. 2013 Highlights Increased proved plus probable reserves by 21% to 46.3 million barrels of oil equivalent Increased proved reserves by 29% to 28.6 million boe Increased [...]
Crocotta Energy is pleased to announce its financial and operating results for the year ended December 31, 2013, including consolidated financial statements, notes to the consolidated financial statements, and Management's Discussion and Analysis. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased average [...]
Crocotta Energy is pleased to announce 2014 Guidance. CAPITAL PROGRAM AND GUIDANCE Crocotta has approved a budget that entails spending approximately $110 million in 2014 with the focus on Cardium oil at Edson, Bluesky liquids-rich gas at Edson, and Montney liquids-rich gas at Dawson. The budget will be spent approximately 45% in the first half of [...]
Crocotta Energy is pleased to announce that it produced approximately 9,900 boepd for the last two weeks of December 2013 and achieved its exit guidance rate of 10,500 boepd during that period. Production with extended tests but not on-stream included approximately 1,400 boepd of which 400 boepd is at Edson, AB and 1,000 boepd is at Dawson, BC. The [...]