Greenfields Petroleum Corp.

Greenfields Petroleum Corp. , an independent exploration and production company holding an 80% interest in producing assets in Azerbaijan, announces its financial and operating results for the three and six months ended June 30, 2018. 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 months [...]

HOUSTON, Aug. 03, 2018 -- Greenfields Petroleum Corp. , an independent exploration and production company holding an 80% interest in certain producing assets in Azerbaijan, is pleased to announce that it has reached an agreement to extend the maturity of certain loan agreements until December 31, 2018. The Additional Loan Agreements, contracted in September 2016 with a consortium of lenders, consist of principal of [...]

HOUSTON, May 29, 2018 -- Greenfields Petroleum Corp. , an independent exploration and production company holding an 80% interest in producing assets in Azerbaijan, announces its financial and operating results for the three months ended March 31, 2018. Selected financial and operational information included below should be read in conjunction with the Company’s condensed consolidated financial statements for the [...]

HOUSTON, April 13, 2018 -- Greenfields Petroleum Corp. , an independent exploration and production company with producing assets in Azerbaijan, announces its financial results and operating highlights for the fourth quarter and year-ended December 31, 2017. Selected financial and operational information is set out below and should be read in conjunction with the Company’s audited consolidated financial statements [...]

Greenfields Petroleum announces the release of the ‘Resource Assessment Report of Gross Contingent and Gross Prospective Resources’ a resource assessment report prepared by ERC Equipoise Ltd. , an independent, qualified reserves evaluator and provides an update on its production results for the year ended December 31, 2017. THE ERCE REPORT The ERCE Report assesses the contingent resources in the Bahar Fasila [...]

Greenfields Petroleum Corp. is pleased to announce the Company's oil, natural gas and natural gas liquids reserves as at December 31, 2017, as evaluated by an independent engineering firm, GLJ Petroleum Consultants Ltd. , in an independent report . As at December 31, 2017, the total proved reserves of the Company were evaluated at 36,766 Mboe net to the Company through its interest in Bahar Energy Limited, which is an [...]

Greenfields Petroleum Corp. is pleased to announce that on November 27, 2017 Bahar Energy Operating Company Limited , a wholly owned subsidiary of Greenfields, executed an exclusive memorandum of understanding with SOCAR Complex Drilling Works Trust , a subsidiary of the State Oil Company of the Republic of Azerbaijan , to formalize a partnership for the drilling of deep gas wells in the Bahar gas field offshore [...]

Greenfields Petroleum Corp. , an independent exploration and production company with producing assets in Azerbaijan, announces its financial results and operating highlights for the third quarter of 2017. Selected financial and operational information is set out below and should be read in conjunction with the Company's complete financial statements as of and for the three and nine months ended September 30, 2017, with [...]

Greenfields Petroleum Corp. is pleased to announce that it has executed a twelfth amending agreement to its loan agreement dated November 25, 2013 with its senior lender . Pursuant to the Amendment: the principal amount plus accrued and unpaid interest under the Loan Agreement as at November 1, 2017, being US$47,145,881, was converted to principal ; the maturity date of the Loan Agreement was extended from March 31, 2018 [...]

HOUSTON, TEXAS--(Marketwired - Jul 26, 2017) - Greenfields Petroleum Corp. ("Greenfields" or the "Company") (TSX VENTURE:GNF) is pleased to announce that it has completed the shares for debt transaction previously announced on June 27, 2017 (the "Debt Settlement"). In connection with the Debt Settlement, the Company issued an aggregate of 2,291,801 common shares of the Company ("Common Shares") to certain employees and [...]