These are the closest 20 properties to the Petroshale Us property. North Dakota (US) Branch Branch of PETROSHALE (US) PRODUCTION LLC (Delaware (US)) . PetroShale's strategic objectives associated with the 2022 capital budget are consistent with the New Management Team's long term objectives of delivering disciplined per share growth in combination with maintaining financial flexibility. . PetroShale Inc. has reported an update on its growth strategy and operations. Prior thereto, Mr. Skehar was the President & Chief Operating Officer of Bonavista and its predecessor, Bonavista Energy Trust. Stay in touch with the latest activities by subscribing to our daily email covering operators, service companies, (acreage, production rates, well info, development plans, resverse, and completions designs), PetroShale Fourth Quarter, Full Year 2020 Results; Reserves, PetroShale's Credit Facility Increased 64% to $82MM, Bakken Operator Double Production Year-over-Year, PetroShale Hits 14% Production Growth at Year-End 2017; 2,121 BOEPD, PetroShale Touts Oily New Well IPs in the Bakken, 2,759 BOPD Well Drilled in McKenzie County, ND, Petroshale's First Operated Bakken Well Flows 2500 BOPD, PetroShale Ups Ante in the Bakken; Acquires Property for $55MM, PetroShale Picks Up Additional Bakken Acreage for $17.8MM, PetroShale Adds Interest in EOG-Operated Bakken Drilling Unit, Bakken Operator Doubles Production Year-over-Year, Petroshale Closes Three 1Q Acquisitions in ND, PetroShale Talks Bakken Strategy; Looks to Expand Portfolio, PetroShale, Slawson Announce Successful Upper Bakken Shale Test, Future and current Drilling Plans in , as of 05-01-2023, Intent To Drill/Drilling Permits for , as of 05-01-2023, Latest News on the US, Canada and International plays, Tracking Activity on more than 4,000 companies (E&P, Midstream & Oilfield Services), Active Rigs By Company and County (Updated Weekly), 2015 & 2014 Company Detailed Drilling Budgets, Company & Play Break-Even, Type Curves and Well Economics. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300 With a new management team on board and a strong vision in place, PetroShale Inc. (TSXV:PSH) has been recognized as one of this year's TSX Venture 50 winners. 2101 Cedar Springs Rd. Plaintiff: Petroshale (US), Inc. Defendant: Continental Resources, Inc. Case Number: 1:2017cv00217: Filed: October 11, 2017: Court: US District Court for the District . FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. North Dakota; McKenzie County, ND; Oil & Gas Properties in McKenzie County, ND; Petroshale Us Oil & Gas Property; Map of Wells Full Screen Map 3-D Map . Burnet, Duckworth and Palmer LLP is acting as counsel to PetroShale, and McCarthy TtraultLLP is acting as counsel to the syndicate of agents led by Peters & Co. Limited in respect of the Brokered Private Placement. The next issue of Financial Post Top Stories will soon be in your inbox. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. Petroshale Profile and History. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Oil and Gas information that can give you a competitive edge in a very competitive landscape. Register now for Canadas Top Public Venture Capitalist Contest: https://v50.stocktrak.com/members/register. Tel: 406-774-3017 Dunn Continued aggressive acquisition strategy in North Dakota, closing three separate transactions. Law360 (April 20, 2023, 1:23 PM EDT) -- A North Dakota energy company asked a federal judge to toss an amended complaint brought by a rival oil and gas developer over drilling rights, saying the . We apologize, but this video has failed to load. More than 2,500 Subscribers rely on our data each day. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, (3) Assumes a foreign exchange rate of US$1.00 = CDN$1.2529. North Dakota owned by Petroshale Inc USand Oasis Petro North America LLC. Lucero is committed to upholding the highest standard of corporate responsibility. Petro-Hunt has active operations in eight counties in North Dakota and four in Montana. Denver, CO 80202 oasis petroleum north america llc dahl w federal 5301 13- . PetroShale Inc., crowned one of the winners of this year's TSX Venture 50, has a long-term approach to creating shareholder value. Fax: 303-295-10592, 12801 County Rd. We encountered an issue signing you up. The ranking is composed of 10 companies from each of five industry sectors, selected based on three equally weighted criteria. We hope you enjoyed your trial to the website. CALGARY, AB - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQB: PSHIF) is pleased to announce the appointment of a new management team (the "New Management Team") led by Brett Herman as President & Chief Executive Officer, Jason Skehar as Chief Operating Officer, Marvin Tang as Vice President, Finance & Chief Financial Officer, For the full 2022 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit www.tsx.com/venture50. In addition to the New Management Team, one new independent director, Dale O. Shwed has been appointed to the board of directors of PetroShale (the "PetroShale Board"), which continues to include M. Bruce Chernoff, David Rain, Gary Reaves, Jacob Roorda and Brett Herman. Pronghorn/Sanish and Lodgepole. 2101 Cedar Springs Rd. Tel: 701-982-3351, 390 119th Ave. SW 197.8 k Barrels of Oil Produced in Feb 2023. In addition, the use of any of the words "guidance", "initial, "scheduled", "can", "will", "prior to", "estimate", "anticipate", "believe", "should", "forecast", "future", "continue", "may", "expect", and similar expressions are intended to identify forward-looking statements. PetroShale is a growing oil company engaged in the acquisition, development and consolidation of interests in the North Dakota Bakken / Three Forks. Dallas, TX 75201 Petroshale (Us) Inc. ET on Thursday, April 28, 2022. CALGARY, AB, Jan. 13, 2022 /CNW/ - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQB: PSHIF) is pleased to announce the appointment of a new management team (the "New Management Team") led by Brett Herman as President & Chief Executive Officer, Jason Skehar as Chief Operating Officer, Marvin Tang as Vice President, Finance & Chief Financial Officer, Sandy Brown as Vice President, Geosciences, Kristine Lavergne as Vice President, Engineering, and Shane Manchester as Vice President, Operations. PetroShale Announces Property Acquisition, Executive Management and Board Changes and Private Placement PetroShale Inc. is pleased to announce the acquisition of additional land in one of our. Syd Abougoush, a partner with Burnet, Duckworth and Palmer LLP, will continue to act as Corporate Secretary. Fax: 701-675-2504, 12710 95th St. NW Burgum signed a bill Monday, April 24, 2023, that limits access to bathrooms, locker rooms and shower rooms for transgender and gender-nonconforming people in several state facilities. (1) All reserves information in this press release are gross reserves. The Private Placements are not expected to materially affect control of PetroShale nor create a new control person of the Company. Support local journalists and the next generation of journalists. Please notify DrillingEdge immediately if any inaccuracies are discovered. Please Upgrade it take less then a minute. For further information: Brett Herman, President and Chief Executive Officer, PetroShale Inc., Telephone: (825) 509-4480, Email: info@petroshaleinc.com; Marvin Tang, Vice President, Finance and. The stability of the high quality, lower decline, light oil assets in the Bakken resource play in North Dakota positions PetroShale to provide value creation through a disciplined long term focused growth strategy. Free and open company data on North Dakota (US) company PETROSHALE (US) PRODUCTION LLC (company number 0000091959), 1801 BROADWAY STE 920 DENVER, CO 80202-3805 . Simplifying search for the right products and services, Respond to the industry requirements from all over the world, Simplifying your search for the right candidate, Learn why registering with us is the right step, Expand the reach of your business with our marketing Oil & Gas Property in McKenzie County, ND, Our Valuation Estimates for Petroshale Us, * Assessment based on future expected revenue ** Based on a 36 month multiple of average monthly estimated revenue. Fax: 701-863-6999, 10060 81st St. NW The acquisition is in line with PetroShales strategy of acquiring and developing lands in North Dakota Bakken region to benefit its shareholders through production and reserve growth. More particularly, this press release contains forward-looking statements concerning: the number, the price and the type of securities to be issued by PetroShale pursuant to the Private Placements; the aggregate proceeds from the proposed Private Placements and the anticipated use of proceeds therefrom; PetroShale's estimates of year end net debt, including following the Private Placements; estimated cash flow from PetroShale's assets; the new and existing directors of the PetroShale Board and members of the New Management Team following completion of the Private Placements; PetroShale's future production estimates; the manner in which the 2022 capital budget will be spent, including the types of capital expenditures; the ability of incoming New Management Team to repeat its financial and operational success through on completion of the Private Placements; the business plan of PetroShale following the completion of the Private Placements; the expectations relating to business advantages and opportunities in the oil and gas industry given current market conditions; expectations as to the corporate decline rate and capital efficiency; the expectation that the name of the Company will be changed following completion of the Private Placements. The expanded PetroShale Board has a solid track record of building, financing and directing oil and gas companies and brings a wide range of experience, knowledge and innovation to the recapitalized entity. We are a pure-play North Dakota Bakken producer focused on top-tier acreage quality. Stark. 2022 CAPITAL BUDGET AND PRODUCTION GUIDANCE. Tel: 701-546-4601 Petroshale (us) Inc. This press release is not an offer of the securities for sale in the United States. PetroShale achieved several strategic operational objectives through the execution of the ompany's $63 million capital expenditure1 program in 2021, including efficiently executing on 6 (4.95 net) operated wells and maximizing free cash flow1 from the ompany's high quality assets focused in the North Dakota Bakken and Three Forks play. 350 - 7th Ave SW, Suite 3900. McGregor, ND 58755 These are the closest 14 companies operating near the Petroshale Us property. PacerMonitor A Fitch Solutions Service Features Plans & Pricing About. of 21,295,076 barrel of oil equivalent Tel: 701-863-6622 Ownership and use of this lease is overseen by the Bureau of Land Management's North Dakota Field Officeunder the serial number NDBLMA0023570. 2023 Shale Experts, All rights reserved. Mr. Tang has over 17 years of oil and gas experience in various financial and compliance related roles, most recently as the VP & Controller of TORC Oil & Gas Ltd. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Completion of the Private Placements, is subject to certain conditions, including the approval of the TSXV, and is expected to occur on or about February 2, 2022 assuming all conditions have been met by such day. Join MineralAnswers.com for Production Access, Liberty Resources Management Company, LLC. 303 E. 17th Avenue, Suite 940 (4) Year-end net debt (2022E) does not include proceeds from the exercise of any Warrants. We are a technically driven company focused on land interests with near term drilling exposure. The company id for this entity is 24694200. Hunt Perkins or their representatives, employees, partners, affiliates, associates, parents, subsidiaries or stockholders. If you are a Home delivery print subscriber, unlimited online access is. Bear Den - Petroshale Asset is an operating oil and gas asset in the state of North Dakota in the United States. PetroShale has built a sustainable growth platform of light oil focused assets. The Company has a platform of light oil assets located in the prolific North Dakota Bakken/Three Forks play. Bear Den - Petroshale Asset is an operating oil and gas asset in the state of North Dakota in the United States. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the p olicies of the TSX Venture Exchange) accepts responsibility for the adequacy or . The last action for this lease occurred on November 17, 2021. Wells Associated With Petroshale (Us) Inc. Other North Dakota Operators List Alphabetically. PetroShale is an oil company engaged in the acquisition, development and production of high-quality oil-weighted assets in the North Dakota Bakken / Three Forks. Tel: 214-880-8400 There Get email updates from your favourite authors. PETROSHALE INC : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Toronto Stock Exchange: PSH | Toronto Stock Exchange . * Earnings dates may be subject to change. currently ranked #22 in the state of North Dakota based on a total production Youre invited to participate in a stock trading simulation contest featuring this years top 50 performing public venture companies on TSX Venture Exchange. Tel: 701-675-2467 Our new management team has a strong track record of disciplined operating and consolidating success in the Williston Basin. . NDIC means the North Dakota Industrial Commission. In 2003, Baytex was reorganized into Baytex Energy Corp. and Crew Energy Inc. Mr. Shwed served on the Board of Directors of TORC Oil & Gas Ltd. from 2012 to 2021, and is currently on the Board of Directors of Inplay Oil Corp.
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