Marksmen Energy Inc. announces the following: Pickaway County, Ohio - Further to Marksmen's news release dated August 26, 2021, Marksmen is pleased to provide further information with respect to the drilling of the Davis Holbrook #2 well in the Cambrian Knox formation. Marksmen is the operator of the well and holds a 75% working interest. It is the first of up to five vertical offset wells to Marksmen's Davis Holbrook #1 [...]
Marksmen Energy Inc. announces that it has completed the first closing of its previously announced non-brokered private placement of units of Marksmen . The Company issued 5,920,000 Units at a price of $0.06 per Unit for aggregate gross proceeds of $355,200. Each Unit is comprised of one common share and one share purchase warrant of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share at [...]
Marksmen Energy Inc. is pleased to announce the following: Southeast Ohio Drilling Opportunity - Marksmen has entered into a Joint Operating Agreement with David R. Hill, Inc., a long established, large Ohio oil and gas operating company, to drill a well in southeast Ohio. Under the terms of the agreement Marksmen will have a 25% working interest in the Webb #1 well, targeting the Trenton Black River formation. It is [...]
Marksmen Energy Inc. is pleased to announce that it plans to complete a non-brokered private placement of up to 12,500,000 units of Marksmen at a price of $0.06 per Unit for aggregate gross proceeds of up to a maximum of $750,000 . There is no minimum Offering. The Units will be comprised of one common share and one share purchase warrant of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common [...]
Marksmen Energy Inc. is pleased to announce the drilling of a well in Pickaway County, Ohio, USA. Marksmen is pleased to announce that it has completed the drilling of the Davis Holbrook #2 well in Pickaway County, Ohio. Marksmen is the operator of the well and has a 75% working interest. This well is a direct offset to the Davis Holbrook #1 well and targeted an isolated 3D seismic high in the same Cambrian Knox remnant [...]
Marksmen Energy Inc. announces that it has filed disclosure documents for the year ended December 31, 2020 on SEDAR as listed below: Audited Consolidated Financial Statements Management's Discussion and Analysis Form 51-101F1 - Statement of Reserve Data and Other Oil and Gas Information Form 51-101F2 - Report on Reserves Data by Independent Qualified Reserve Evaluator Form 51-101F3 - Report of Management and Directors on [...]
Marksmen Energy Inc. announces that it has filed disclosure documents for the year ended December 31, 2020 on SEDAR as listed below: Audited Consolidated Financial Statements Management's Discussion and Analysis Form 51-101F1 - Statement of Reserve Data and Other Oil and Gas Information Form 51-101F2 - Report on Reserves Data by Independent Qualified Reserve Evaluator Form 51-101F3 - Report of Management and Directors on [...]
Marksmen Energy Inc. is pleased to announce the following: Portage County, Ohio - Marksmen has a Joint Operating Agreement with PEP Drilling LLC of Ohio, to recomplete up to 40 Clinton Sandstone formation wells in Portage County, Ohio. Under the terms of the agreement Marksmen would pay 100% of the capital costs to earn an 80% working interest until 125% of capital payback is reached. The Clinton Sandstone is historically [...]
Marksmen Energy Inc. announces that it has completed the second and final closing of its previously announced non-brokered private placement of units of Marksmen which was increased pursuant to the Company's news release dated February 1, 2021. The Company issued 12,575,000 Units at a price of $0.04 per Unit for aggregate gross proceeds of $503,000, bringing the total aggregate gross proceeds raised under the Offering to [...]
Marksmen Energy Inc. is pleased to announce that it has increased its previously announced non-brokered private placement of up to 8,750,000 units of Marksmen at a price of $0.04 per Unit for aggregate gross proceeds of up to a maximum of $350,000 to up to 15,000,000 Units for aggregate gross proceeds of up to a maximum of $600,000. Marksmen previously announced a first closing of the Offering pursuant to which $97,000 [...]
Marksmen Energy Inc. announces that it has completed the first closing of its previously announced non-brokered private placement of units of Marksmen . The Company issued 2,425,000 Units at a price of $0.04 per Unit for aggregate gross proceeds of $97,000. Each Unit is comprised of one common share and one share purchase warrant of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share at a [...]
Marksmen Energy Inc. is pleased to announce that it plans to complete a non-brokered private placement of up to 8,750,000 units of Marksmen at a price of $0.04 per Unit for aggregate gross proceeds of up to a maximum of $350,000 . There is no minimum Offering. The Units will be comprised of one common share and one share purchase warrant of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common [...]