Jadestone Energy Plc

CALGARY, ALBERTA--(Marketwired - March 20, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Petra Petroleum Inc. (the "Corporation" or "Petra") (TSX VENTURE:PTL) announces that it has executed a replacement arrangement agreement ("Arrangement Agreement #2") which supersedes and [...]

CALGARY, ALBERTA--(Marketwired - Mar 3, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Petra Petroleum Inc. (the "Corporation" or "Petra") (TSX VENTURE:PTL) announces that it has executed an amendment agreement ("Amendment Agreement") to amend certain terms of the previously [...]

Petra Petroleum Inc. wishes to announce that it has signed a Sale and Purchase Agreement with Energean Oil & Gas SA for the assignment of the Corporation's 20% interest in the onshore Ioannina Lease in north-western Greece. The closing of the transaction is subject to the approval of the Greek authorities. The transaction has been undertaken as part of the re-focusing of the Corporation's activities following its recently [...]

Petra announces that, in connection with the previously announced proposed business combination of Petra and Mitra Energy Limited to be effected by way of a scheme of arrangement in accordance with the laws of Bermuda, Mitra has mailed the explanatory statement to Mitra's shareholders with respect to the meeting of the Mitra Shareholders to be convened at the direction of the Supreme Court of Bermuda on December 22, 2014 [...]

Petra announces that, in connection with the previously announced proposed business combination of Petra and Mitra Energy Limited to be effected by way of a scheme of arrangement in accordance with the laws of Bermuda, Petra has closed the bridge loan to Mitra in the principal amount of US$5,000,000, the proceeds of which will be used to explore and develop Mitra's assets. The Bridge Loan was made pursuant to a [...]

Petra announces that it has executed an amendment agreement to amend certain terms of the previously announced definitive agreement between the Corporation and Mitra Energy Limited, an arm's length private company incorporated pursuant to the laws of Bermuda, whereby the parties thereto agreed to effect a scheme of arrangement in accordance with the laws of Bermuda pursuant to the terms and conditions of the Definitive [...]

Further to the press release dated September 3, Petra Petroleum is pleased to announce that it has entered into the definitive agreement with Mitra Energy, an arm's length private company incorporated pursuant to the laws of Bermuda, in respect of the previously announced proposed business combination of the two companies. As previously disclosed, the Transaction will constitute a Reverse Takeover of Petra pursuant to the [...]

Petra is pleased to announce that it has entered into a letter of intent agreed to on August 28, 2014 with Mitra Energy Limited, an arm's length private company incorporated pursuant to the laws of Bermuda, in respect of a proposed business combination of the two companies. The proposed business combination is expected to be completed by way of a statutory plan of arrangement or other suitable structure, whereby either [...]

Petra Petroleum is pleased to announce that the Greek Government yesterday signed a Lease Agreement for the Ioannina block with the consortium of Petra Petroleum and Energean Oil & Gas. The contract was signed by the Minister of Environment, Energy and Climate Change, Mr. Ioannis Maniatis, in the presence of the Vice President of the Greek Government, Mr. Evangelos Venizelos and the Ambassador of Canada in Greece, Mr [...]

Petra Petroleum is pleased to announce that Mr. Pete Hughes has been appointed as Vice President, Corporate Development with immediate effect. Mr. Hughes has a strong business development, commercial and executive management background. He has over 40 years of international petroleum industry experience, including 18 years in a variety of senior commercial and management roles with Texaco Inc., where he was Vice [...]