QUEBEC, QUEBEC--(Marketwired - Jun 22, 2017) - Pétrolia (TSX VENTURE:PEA) announced last December 23rd that the most recent step in the process of confirming the presence of resources on the Bourque property, namely the re-entry and completion of Bourque No. 1 as well as the drilling of an additional well (Bourque HZ No. 3), were completed on time and within the budget. At the time, down-hole recorders were lowered [...]
QUEBEC CITY, QUEBEC--(Marketwired - Jun 15, 2017) - Pétrolia Inc. (TSX VENTURE:PEA) and its subsidiaries - Pétrolia Anticosti (operator for Anticosti Hydrocarbons L.P. [HASEC]) and Investissements PEA Inc. (a partner of HASEC) - have reached an agreement with their partners - Ressources Québec Inc., Saint-Aubin E & P (Québec) Inc., and Corridor Resources Inc. - relating to safeguard measures for [...]
QUEBEC, QUEBEC--(Marketwired - Jun 14, 2017) - Pétrolia Inc. (TSX VENTURE:PEA)("Pétrolia" or the "Company") wishes to provide a corporate update concerning the amalgamation transaction currently underway further to the conclusion, on May 15, 2017, of an arrangement agreement with Pieridae Energy Limited (the "Arrangement Agreement"). Transaction with Pieridea Energy Limited In the context of the previously [...]
QUEBEC, QUEBEC--(Marketwired - May 15, 2017) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES Pétrolia Inc. (TSX VENTURE:PEA) ("Pétrolia" or the "Company") announces that it has entered into a definitive agreement dated May 15, 2017 (the "Arrangement Agreement") with Pieridae Energy Limited ("Pieridae"), a private Canadian corporation, providing for [...]
QUEBEC CITY, QUEBEC--(Marketwired - Apr 5, 2017) - Pétrolia Inc. (TSX VENTURE:PEA) confirms that, in response to a request for clarification from Hydrocarbures Anticosti (HASEC) concerning the status of the Anticosti project in light of the request that the island be recognized as a UNESCO world heritage site, the Gouvernement du Québec has begun negotiations with the company and its partners in HASEC with [...]
QUEBEC CITY, QUEBEC--(Marketwired - Mar 17, 2017) - Pétrolia Inc. (TSX VENTURE:PEA) ("Pétrolia" or the "Corporation") is pleased to announce that it has closed a private placement. The Corporation has issued an aggregate of 5,222,223 "flow-through" shares at a price of $0.18 per share for gross proceeds of $940,000.14. The proceeds of this private placement will be used by the Corporation to incur Canadian [...]
QUEBEC CITY, QUEBEC--(Marketwired - Dec 23, 2016) - Pétrolia (TSX VENTURE:PEA) confirms that the most recent step in the process of verifying the presence of resources on the Bourque property, namely the re-entry and completion of Bourque 1 as well as additional drilling (Bourque HZ No 3) was completed on time and within the budget. This drilling revealed the presence of gas and oil in the Forillon formation. With [...]
QUEBEC CITY, QUEBEC--(Marketwired - Dec 12, 2016) - Pétrolia (TSX VENTURE:PEA) wishes to highlight the adoption of Bill 106: law regarding the implementation of the 2030 Energy Policy and amending various legislative provisions adopted at the National Assembly. The adoption of this bill concludes the debate on the lack of regulatory oversight of our activities and returns stability and certainty to the oil industry [...]
QUEBEC CITY, QUEBEC--(Marketwired - Nov 18, 2016) - Pétrolia (TSX VENTURE:PEA) announces that in accordance with its compensation policy, and its stock option plan, which is to grant stock options each year to its employees and directors, Pétrolia's Board of Directors granted on November 17, 2016, 1,787,500 stock options to its employees and directors. The price has been set at $0.165 per share, and the [...]
QUEBEC CITY, QUEBEC--(Marketwired - Oct 27, 2016) - Pétrolia Inc. (TSX VENTURE:PEA) ("Pétrolia" or the "Corporation") is pleased to announce that it has closed a private placement. The Corporation has issued an aggregate of 6,077,579 "flow-through" shares at a price of $0.19 per share for gross proceeds of $1,154,740.01. The proceeds of this private placement will be used by the Corporation to incur Canadian [...]
QUEBEC, QUEBEC--(Marketwired - Sep 26, 2016) - Pétrolia Inc. (TSX VENTURE:PEA) is pleased to announce that the work that will enable the drilling of the lateral section of Bourque No 1 began on September 25th. This lateral section will be drilled from a 1 230 metres window to 1 700 metres, that is up to a true vertical depth (TVD) of 1 505 meters, before setting the intermediate casing. The projected total measured [...]
QUEBEC, QUEBEC--(Marketwired - Sep 8, 2016) - Pétrolia (TSX VENTURE:PEA) announces the resignation of board member Jacques Bourgeois. Mr. Bourgeois joined the Pétrolia board of directors in 2013. Over the last 3 years, Mr. Bourgeois' knowledge of the Quebec business environment and vast experience have enriched in a lasting manner the deliberations of the board of directors. Pétrolia would like to [...]
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