Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces that the common shares of the Company will be voluntarily delisted from the facilities of the TSX Venture Exchange effective as of the close of trading on Friday, September 11, 2020. Once the delisting is complete, it will no longer be possible to effect transactions involving the Shares on the TSXV, which will impact [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces its financial and operating results for the three months and year ended December 31, 2019 and for the three months ended March 31, 2020. The Corporation also announces the extension of senior secured debt payments and forbearance of senior lender’s previously announced repayment demand and extension to the protocol in [...]
Greenfields Petroleum Corp. is pleased to announce the Company’s oil, natural gas and natural gas liquids reserves as at December 31, 2019, as evaluated by an independent qualified reserves evaluator, Wisholm Geosciences Inc. , in an independent report as well as a progress update on the extension of its senior debt payment. In addition to the summary information disclosed in this announcement, more detailed information [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, provides an update with respect to the management cease trade order issued by the Alberta Securities Commission on June 16, 2020. The MCTO was issued in connection with the filing of its annual financial statements, management's discussion and analysis, statement of reserves data required by National Instrument 51-101 [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, is pleased to announce that all of the resolutions put to holders of common shares of the Company at the special meeting held on June 3, 2020 were passed. The Company also provides an update with regard to the status of filing the Company's year-end audited financial statements, the accompanying management and discussion and [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces the following update with regard to the status of filing the Company's condensed consolidated financial statements for the three months ended March 31, 2020, the accompanying management and discussion and analysis and related certifications . As an update on the news release issued April 29, 2020, the Company will [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces that it has mailed a management information circular to holders of its common shares in connection with a special meeting of Shareholders to be held solely by remote communication via webcast on June 3, 2020 at 10:00 a.m. . The Company intends to apply to delist the Shares from the TSX Venture Exchange and apply to [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces the following update with regard to the status of filing the Company's year-end audited financial statements, the accompanying management and discussion and analysis, the statement of reserves data required by National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities and related certifications [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces that Vitol Energy Ltd. , the Companys senior debt lender, has agreed to further amend the forbearance agreement executed on November 28, 2019 and previously amended on January 3, 2020 and March 16, 2020 , by extending the forbearance period and deferred payments due under the senior secured loan agreement with the [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces that Vitol Energy Ltd. , the Company’s senior debt lender, has agreed to further amend the forbearance agreement executed on November 28, 2019 and previously amended on January 3, 2020 , by extending the forbearance period and deferred payments due under the senior secured loan agreement with the Company until [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces that Vitol Energy Ltd. , the Company’s senior debt lender, has agreed to amend the forbearance agreement executed on November 28, 2019 by extending the forbearance period and deferring payments due under the senior secured loan agreement with the Company until January 31, 2020. In consideration of amending the [...]
Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces its financial and operating results for the three and nine months ended September 30, 2019 and the extension of senior secured debt payments and forbearance of senior lender’s previously announced repayment demand. Selected financial and operational information included below should be read in conjunction with [...]