Latest Imperial Petroleum (IPMN) Headlines Im
Post# of 4
Imperial Provides Corporate Update
Business Wire - Fri Jun 21, 11:24AM CDT
Imperial Petroleum, Inc. (OTCQX: IPMN), on behalf of its wholly-owned subsidiaries is pleased to provide the following update on the Company and its operations.
Archer Petroleum Corp. Enters Into Definitive Agreements for Acquisition of 25% Interest in Peak Project and International Production and Sales Rights for Sandklene 950
Marketwire - Wed Jun 19, 8:03AM CDT
Archer Petroleum Corp. (TSX VENTURE: ARK)(DBFrankfurt: A6VA) ("Archer" or the "Company") is pleased to announce its entry into a purchase and sale agreement (the "Acquisition Agreement") with Arrakis Oil Recovery, LLC ("Arrakis") for the acquisition by Archer of a 25% interest in the Peak Project, and a sublicense agreement (the "Sublicense Agreement") with Phoenix Metals, Inc. (dba Imperial Chemical Company) ("ICC") for the acquisition of certain exclusive international production and sales rights for Sandklene 950. Arrakis and ICC are subsidiaries of Imperial Petroleum Inc. ("Imperial Petroleum").
Archer Petroleum Corp.-Announces Letter of Intent For Acquisition of 25% Interest in Peak Project and International Production and Sales Rights for Sandklene 950
Marketwire - Tue Apr 30, 8:21AM CDT
Archer Petroleum Corp (TSX VENTURE: ARK)(OTCQX: APEUF)(DBFrankfurt: A6VA) ("Archer" or the "Company") is pleased to announce its entry into a non-binding letter of intent with Imperial Petroleum Inc. and its subsidiaries, Arrakis Oil Recovery, LLC and Phoenix Metals, Inc. (dba Imperial Chemical Company) for the proposed acquisition by Archer of a 25% interest in the Peak Project and of certain exclusive international production and sales rights for Sandklene 950, a product used in the production of bitumen from tar sands. The right to produce and sell Sandklene 950 in the United States and to certain existing clients, customers and affiliates of Imperial Chemical Company internationally are excluded from the rights to be granted to Archer.
Imperial Petroleum Inc's board announces formation of Dividend Trust
M2 - Fri Apr 12, 6:47AM CDT
The board of directors of Imperial Petroleum Inc (OTCQX:IPMN) reported on Thursday the establishment of a Dividend Trust for the benefit of its shareholders.
Imperial Establishes Dividend Trust
Business Wire - Thu Apr 11, 7:01AM CDT
Imperial Petroleum, Inc. (OTCQX: IPMN) announced today that its Board of Directors has established a Dividend Trust for the benefit of its shareholders. The Trust assets will consist of a five percent (5.0% of eight eights) net profits interest in the cash flow from the Company's oil sands projects comprising the Stampede and Peak Mines. The Trust assets and accounts will be managed by Mr. Greg Thagard, the Chairman of the Company. The initial record date will be July 31, 2014 for shareholders of record as of that date to receive the accumulated cash distribution from the Trust as a dividend. Subsequent annual dividends from the Trust will be on the anniversary date each year of the initial record date and paid to shareholders of record as of that date.
Imperial Updates Oil Sand Projects
Business Wire - Mon Apr 01, 7:01AM CDT
(OTCQX: IPMN) Imperial Petroleum, Inc., on behalf of its wholly-owned subsidiary, Arrakis Oil Recovery, LLC, is pleased to provide the following update on its oil sands joint venture and business prospects: