Bellatrix Exploration and Angle Energy are pleased to announce that they have closed the previously announced plan of arrangement. Pursuant to the Arrangement, Bellatrix acquired all of the issued and outstanding common shares of Angle for consideration consisting of $69.7 million in cash and approximately 30.2 million Bellatrix common shares [...]
Angle Energy today announced the financial and operating results for the three and nine months ended September 30, 2013. Angle reported positive earnings of $1.7 million for the third quarter of 2013 or $0.02 per share, an increase of approximately $4.1 million or 169% over the same period of 2012. The improved financial results were due to a [...]
Angle Energy is pleased to announce that it has entered into an arrangement agreement with Bellatrix Exploration pursuant to which Bellatrix, has agreed to acquire all of the issued and outstanding common shares of Angle and all of Angle's issued and outstanding 5.75% convertible unsecured subordinated debentures with a maturity date of January 31 [...]
Angle Energy today provided an update on its third quarter operations to September 23, 2013. Angle continues to execute its Cardium development drilling program in Harmattan and Ferrier, and has successfully applied slick-water fracturing technology on a well in its Harmattan Mannville pool. Corporate production for the third quarter is estimated [...]
Angle Energy is a public, Calgary-based oil and gas exploration and development company incorporated in 2004. Angle's objective is to build shareholder value through the profitable growth of its high quality asset base through a combination of drilling and strategic acquisitions. Angle's proven and dedicated team of industry specialists are focused [...]
Angle Energy today announced the financial and operating results for the three and six months ended June 30, 2013. Angle reported strong earnings of $6.9 million for the second quarter of 2013 or $0.09 per share, an increase of approximately $4.5 million or 190% over the same period of 2012. The improvement is primarily a result of increased [...]
Since 2011, Angle has successfully executed an organic development strategy focusing on the light oil and liquids-rich natural gas assets in its portfolio to generate growth in cash flow per share and overall shareholder value. The Company operates a highly focused core of growth-oriented oil and liquids- weighted natural gas assets in the prolific [...]
Angle Energy announced today, in accordance with the Toronto Stock Exchange requirements, the voting results from its annual meeting of shareholders held on May 29, 2013 in Calgary. A total of 44,545,374 common shares were voted in connection with the meeting, representing approximately 54.96% of the issued and outstanding common shares of Angle [...]
Angle Energy today announced the financial and operating results for the three months ended March 31. The Company has filed its interim consolidated financial statements and related management's discussion and analysis for the period ended March 31. Operational and financial highlights for the first quarter of 2013 are noted below and should be [...]
Angle Energy today announced the appointment of Ken D. Hillier, C.A., as its Chief Financial Officer effective April 29, 2013. Mr. Hillier replaces Stuart Symon whose retirement, effective March 31st, was announced on January 9. Mr. Hillier is a Chartered Accountant with over 30 years' experience in financial reporting and analysis, strategic [...]
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