Greenfields Petroleum Corp.

Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces the execution of a deferral letter with its senior debt lender, Vitol Energy Ltd. , to defer payments in the aggregate of $14.3 million until December 31, 2019. Commenting on the extension, John Harkins, CEO, said: "We continue to have a positive relationship with our senior secured lender as we look to alternative [...]

Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces its financial and operating results for the three and six months ended June 30, 2019 and the extension of senior secured debt payments. Selected financial and operational information included below should be read in conjunction with the Company’s condensed consolidated financial statements for the three and six [...]

Greenfields Petroleum Corp. , an independent exploration and production company with producing assets in Azerbaijan, announces the appointment of a new Chief Financial Officer and Treasurer. Mr. Jose Perez-Bello, who has served as the Senior Vice President, Chief Financial Officer and Treasurer of Greenfields since June 2017 and a director of the Company since 2018, stepped down from these roles with the Company effective [...]

Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces its financial and operating results for the three months ended March 31, 2019 and the extension of senior secured debt payments. Selected financial and operational information included below should be read in conjunction with the Company’s condensed consolidated financial statements for the three months ended [...]

Greenfields Petroleum Corp. , a production focused company with operating assets in Azerbaijan, announces its financial and operating results for the fourth quarter and year ended December 31, 2018, the extension of senior secured debt payments and the appointment of Chief Operating Officer. Selected financial and operational information included below should be read in conjunction with the Company’s audited [...]

Greenfields Petroleum Corp. is pleased to announce the Company’s oil, natural gas and natural gas liquids reserves as at December 31, 2018, as evaluated by an independent qualified reserves evaluator, GLJ Petroleum Consultants Ltd. , in an independent report as well as an extension of its senior debt payment and restructuring fee. GLJ REPORT As at December 31, 2018, the proved reserves net to the Company through its [...]

Greenfields Petroleum Corp. , a production focused Company with operating assets in Azerbaijan, announces an extension of the senior debt payment and restructuring fee payment along with a voluntary surrender of options. Loan Facility The Company has signed a payment deferral letter with its senior lender, Vitol Energy Ltd. , whereby Vitol has agreed to defer the loan payment and restructuring payment in the aggregate of [...]

Greenfields Petroleum is pleased to announce its intention to seek admission of its common shares, to trading on the London Stock Exchange's AIM Market under the ticker GNF.L and the restructuring of senior secured debt to strengthen the balance sheet. Concurrently with Admission, and subject to the receipt of regulatory approval, the Company is seeking to raise up to US$60 million by way of private placement of new [...]

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, 2018 along with the restructuring of its senior secured debt and an updated summary of the Company's reserves, contingent resources and prospective resources. Selected financial and operational information included below should be [...]

Greenfields Petroleum Corp. , with a production focus in Azerbaijan, is pleased to announce the appointment of Jose Perez-Bello to the board of directors of the Company, effective immediately. Mr. Perez-Bello has served in positions of increasing responsibility since joining Greenfields in 2008 and has been Senior Vice President, Chief Financial Officer and Treasurer since June 1, 2017. About Greenfields Petroleum [...]