Donnycreek reports that it has filed its condensed interim financial statements and related Management's Discussion and Analysis for the three and six months ended January 31, 2014 with 2013 comparatives on SEDAR. Selected financial and operational information is outlined below and should be read in conjunction with Donnycreek's condensed interim [...]
Donnycreek announces that Mr. David Patterson has resigned as a director of the Company for personal reasons, effective immediately. Donnycreek thanks Mr. Patterson for his contributions to the Company and wishes him well with his future endeavours. Donnycreek is a Calgary based public oil and gas company which holds approximately 438 gross (313 [...]
Completion operations on the Company's Wapiti 01-26-64-8 W6M horizontal middle Montney exploration well (75% WI) (the "1-26 Well") have been temporarily suspended following a successful hydraulic stimulation of 15 stages in the horizontal section of the well. During the flow back clean up of the completion fluids used to stimulate the well [...]
Donnycreek Energy provides an operations update for its activities in the Wapiti and Kakwa areas. Donnycreek is currently conducting completion operations on its horizontal middle Montney exploration well at 1-26-64-8 W6M (the "1-26 Well") and such operations are anticipated to be completed within the next 10 to 12 days. The Company's working [...]
Further to its press release dated February 10, 2014,Donnycreek Energy provides updated production guidance for the 2014 calendar year. Calendar 2014 Guidance As announced yesterday, in calendar 2014, Donnycreek anticipates participating in 8 wells at Kakwa and 2 wells at Wapiti. Total net capital expenditures are estimated to be $52.2 million; of [...]
Donnycreek Energy provides operations update and production guidance for the 2014 calendar year. Donnycreek's Hz 1-26-64-8 W6M well (the "1-26 Well") has reached total measured depth of approximately 5,330 metres including a lateral length of approximately 1,600 metres in the middle Montney. Completion and testing operations are scheduled to begin [...]
Donnycreek Energy provides an operations update for its activities in the Wapiti and Kakwa areas. Donnycreek has drilled and evaluated its 3,800 metre stratigraphic Montney exploration well at 13-26-64-8 W6M (the "13-26 Well"). Based on petrophysical analysis, the Company kicked off and is drilling a 1,600 metre long horizontal well in the middle [...]
Donnycreek Energy reports that Mr. John (Jack) Marsh, P.Eng., has been appointed Chief Operating Officer of the Company and Mr. Murray Scalf has been appointed Executive Vice President of the Company, effective January 14, 2014. At its annual and special meeting of shareholders of the Company ("Shareholders") held on January 14, 2014 (the [...]
Donnycreek Energy reports that it has filed its condensed interim financial statements and related Management's Discussion and Analysis for the three months ended October 31, 2013 with 2012 comparatives on SEDAR. Selected financial and operational information is outlined below and should be read in conjunction with Donnycreek's condensed interim [...]
Donnycreek reports that it has closed its previously announced brokered private placement of 3,350,000 common shares of the Company issued on a "flow-through" basis, within the meaning of the Income Tax Act at a price of $2.40 per Flow-Through Share for gross proceeds of $8,040,000. The Offering was made through RBC Capital Markets, who was paid a [...]
Donnycreek reports that due to strong demand, the Company and RBC Capital Markets have increased the size of the recently announced private placement offering from $6,000,000 to $8,040,000 of common shares of the Company to be issued on a "flow-through" basis at a price of $2.40 per Flow-Through Share. The gross proceeds of the Flow-Through Shares [...]
Donnycreek reports that it has engaged RBC Capital Markets in connection with a private placement offering, on a guaranteed basis, of 2,500,000 common shares of the Company to be issued on a "flow-through" basis at a price of $2.40 per Flow-Through Share, resulting in gross proceeds of $6,000,000. The gross proceeds of the Flow-Through Shares will [...]