CALGARY, Alberta, May 07, 2018 -- Petrus Resources Ltd. is pleased to report financial and operating results for the first quarter of 2018. Petrus is focused on organic growth and infrastructure control in its core area, Ferrier, Alberta. The Company is targeting light oil and liquids rich natural gas in the Cardium formation as well as investing in infrastructure in Ferrier to control operations in order to maximize the [...]
CALGARY, Alberta, March 08, 2018 -- Petrus Resources Ltd. is pleased to report financial and operating results for the three and twelve month periods ended December 31, 2017 and to provide summary 2017 year end reserves information as evaluated by Sproule Associates Limited . The Company's Management's Discussion and Analysis and audited consolidated financial statements dated as at and for the year ended December 31 [...]
Petrus Resources Ltd. is pleased to announce an operations update as well as a 2018 outlook. PRODUCTION AND OPERATIONS UPDATE Petrus' 2017 drilling program has been focused exclusively in the Ferrier area targeting liquids rich natural gas in the Cardium formation. Throughout 2017, the Company drilled or participated in 18 gross wells. This included two Extended Reach Horizontal wells related to the previously announced [...]
Petrus Resources Ltd. is pleased to report financial and operating results for the third quarter of 2017. Petrus is focused on organic growth and infrastructure control in its core area, Ferrier, Alberta. The Company is targeting liquids rich natural gas in the Cardium formation as well as investing in infrastructure in Ferrier to control operations in order to maximize the Company's return on investment. The Company's [...]
Petrus Resources Ltd. continues to focus on expanding its core Ferrier operating area, improving the Company's balance sheet, lowering its cost structure and growing the Company's production and resulting funds from operations. Petrus is pleased to announce the following recent developments which demonstrate the Company's commitment to achieving these objectives. FERRIER FARM-IN Petrus has entered into a farm-in agreement [...]
Don Gray announces that between September 15, 2017 and September 18, 2017, he acquired 202,200 common shares of Petrus Resources on the open market through the facilities of the Toronto Stock Exchange at an average price of $2.49 per Common Share. The total consideration paid by Mr. Gray for the acquisition of the 202,200 Common Shares was $503,508.
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2017) - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) is pleased to report financial and operating results for the second quarter of 2017. Petrus is focused on organic growth and infrastructure control in its core area, Ferrier, Alberta. The Company is targeting liquids rich natural gas in the Cardium formation as well as investing in infrastructure in Ferrier to [...]
Advance registration is recommended -- space is limited DENVER, CO--(Marketwired - Aug 4, 2017) - EnerCom has updated the speakers and agenda for The Oil & Gas Conference® 22 on August 13-17, 2017, in Denver, at the Westin Denver Downtown. Hear 100+ Public and Private Company Presenters: Senior management executives from more than 100 public and private oil and gas companies with operations spanning more than 40 [...]
CALGARY, ALBERTA--(Marketwired - May 18, 2017) - Petrus Resources Ltd. ("Petrus") (TSX:PRQ) is pleased to announce that the nominees listed in Petrus' information circular and proxy statement dated April 3, 2017 were elected as directors of Petrus at the annual meeting of shareholders held today (the "Meeting"). Detailed results of the vote for the election of directors are set out below. On a vote by ballot, each of the [...]
CALGARY, ALBERTA--(Marketwired - May 12, 2017) - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) is pleased to report financial and operating results for the first quarter of 2017. Petrus is focused on organic growth and infrastructure control in its core area, Ferrier, Alberta. The Company is targeting liquids rich natural gas in the Cardium formation as well as investing in infrastructure in Ferrier to [...]
CALGARY, ALBERTA--(Marketwired - Mar 9, 2017) - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) is pleased to report operating and financial results for the three and twelve month periods ended December 31, 2016, and to provide 2016 year end reserves information as evaluated by Sproule Associates Limited ("Sproule"). Petrus continues to be committed to operating cost and debt reduction as well as improved [...]
CALGARY, ALBERTA--(Marketwired - Feb. 28, 2017) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) is pleased to announce the closing of its previously announced acquisition of certain oil and natural gas interests in the Ferrier area (the "Acquisition") and the concurrent closing of its non-brokered private [...]