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Latest Artek Expl Ltd (ARKXF) Headlines Artek

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Posted On: 03/08/2014 9:18:18 PM
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Latest Artek Expl Ltd (ARKXF) Headlines



Artek Exploration Ltd. Reports Significant 2013 Reserves Growth

Marketwire - Wed Mar 05, 7:19PM CST

Artek Exploration Ltd. (TSX: RTK) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide an operational update and announce the results of its independent reserve evaluation for the year ended December 31, 2013 (the "Sproule Report") as prepared by Sproule Associates Limited ("Sproule").



Artek Exploration Ltd. Announces 2014 Capital Program With Continued Focus on Liquids and Value Growth

Marketwire - Tue Feb 11, 7:31AM CST

Artek Exploration Ltd. ("Artek" or the "Company") (TSX: RTK) - Artek entered 2014 at a record production level of approximately 4,800 boe/d (approximately 38% oil and natural gas liquids) based on field estimates. On the back of this success, Artek is pleased to announce its 2014 capital expenditure budget of $61 to $66 million which contemplates the drilling of approximately 14 to 15 gross (9 to 10 net) wells. The currently planned capital program will be weighted 100% to projects targeting oil and condensate with associated natural gas which deliver the best returns and most upside potential for the Company. The program includes 9 to 10 (5.3 to 5.9 net) horizontal wells in the condensate rich Inga/Fireweed area (including 7 Doig horizontals and up to 3 Montney horizontals), 3 horizontal wells targeting Charlie Lake oil in the Mulligan area of Alberta and 2 (0.8 net) vertical wells in the Leduc Woodbend area.



Artek Exploration Ltd. Provides Operational Update

Marketwire - Tue Jan 28, 5:31PM CST

Artek Exploration Ltd. (TSX: RTK) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide the following operations update:



Artek Exploration Ltd. Announces Third Quarter 2013 Financial Results and Updates Operations

Marketwire - Wed Nov 06, 8:04PM CST

Artek Exploration Ltd. (TSX: RTK) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide this summary of its financial and operating results for the three and nine months ended September 30, 2013. A complete copy of the Company's comparative financial statements for the three and nine months ended September 30, 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR and on the Company's website at www.artekexploration.com.



Artek Exploration Ltd. Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2013

M2 - Fri Sep 13, 3:32AM CDT

Summary



Artek Exploration Ltd. Announces Closing of Strategic Core Property Acquisition

Marketwire - Fri Aug 09, 1:30PM CDT

Artek Exploration Ltd. ("Artek" or the "Company") (TSX: RTK) is pleased to announce that it has closed its recently announced Fireweed asset acquisition resulting in the further strategic expansion of the Company's core operating and producing area in northeastern British Columbia. The closing of this transaction builds on the Company's strategy of continuing to consolidate a significant resource base in its core Inga/Fireweed area of operations bringing Artek's aggregated holdings to 107 (61 net) sections of land with Doig rights and 120 (71 net) sections of land with Montney rights and including important infrastructure additions.



Artek Exploration Ltd. Announces Second Quarter 2013 Financial Results and Updates Operations and Increases Guidance for 2013

Marketwire - Wed Aug 07, 6:56PM CDT

Artek Exploration Ltd. (TSX: RTK) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide this summary of its financial and operating results for the three and six months ended June 30, 2013. A complete copy of the Company's comparative financial statements for the three and six months ended June 30, 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR and on the Company's website at www.artekexploration.com.



Artek Exploration Ltd. Announces Core Property Acquisition and Provides Operational Update

Marketwire - Thu Aug 01, 8:01PM CDT

Artek Exploration Ltd. (TSX: RTK) ("Artek" or the "Company") is pleased to announce that it has entered into an agreement with a Canadian intermediate oil and gas company to acquire certain natural gas assets located at Fireweed, adjacent to the Company's core operating and producing area at Inga in northeastern British Columbia. The acquisition has an effective date of April 1, 2013 and is subject to standard industry closing conditions. Closing is expected to occur on or around August 9, 2013. Artek is acquiring a 50% working interest and its partner at Inga, Kelt Exploration Ltd. is also acquiring a 50% working interest in the assets which include gross production of approximately 1,200 boe/d. Artek will be the operator of the property. Financial and operating information provided herein reflect only Artek's working interest relating to the Fireweed assets to be acquired. The consideration to be paid by Artek is $15.5 million, before closing adjustments.



Kelt Increases Capital Expenditure Budget, Enters Into Agreement to Acquire Strategic Assets and Increases 2013 Production Guidance

Marketwire - Thu Aug 01, 8:00PM CDT

Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has entered into an agreement with a Canadian oil and gas company to acquire certain natural gas assets located at Fireweed, adjacent to the Company's core producing area at Inga, in northeastern British Columbia. The acquisition has an effective date of April 1, 2013 and is subject to standard industry closing conditions. Closing is expected to occur on or around August 9, 2013. Kelt is acquiring a 50% working interest in the Fireweed assets and its partner at Inga, Artek Exploration Ltd. ("Artek"), is also acquiring a 50% working interest in the assets. Artek currently operates the Inga property and will become operator of the Fireweed assets at closing. Financial and operating information provided herein reflect only Kelt's working interest relating to the Fireweed assets to be acquired.



Artek Announces Annual Meeting Results for Election of Directors

Marketwire - Thu May 30, 4:31PM CDT

Artek Exploration Ltd. (TSX: RTK) ("Artek") is pleased to announce the voting results for the election of directors at its annual meeting of shareholders held on May 30, 2013 (the "Meeting"). Each of the five nominees proposed by management were re-elected as directors of Artek to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with shares represented at the Meeting voting in favour of individual nominees as follows:



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