Latest Esrey Energy Ltd. (LNGYF) Headlines
LNG Energy Announces Shareholder and TSXV Approval of Share Alteration, Name Change and Appointment of CFO
Marketwire - Wed Nov 13, 7:04AM CST
LNG Energy Ltd. ("LNG" or the "Company") (TSX VENTURE: LNG) is pleased to announce that its shareholders and the TSX Venture Exchange have approved the consolidation of LNG's issued and outstanding Common Shares and a name change to "Esrey Energy Ltd." ("Esrey").
LNG Energy Ltd. Announces Resignation of CFO
Marketwire - Fri Sep 13, 6:21PM CDT
LNG Energy Ltd. ("LNG" or the "Company") (TSX VENTURE: LNG) announces Mr. Danny Lee has tendered his resignation to the Board of Directors (the "Board") resigning from the position of Chief Financial Officer ("CFO") of the Company in order to pursue other professional interests. The Board thanks Mr. Lee for his years of services and wishes him well in his future endeavors. The search for his successor has begun. In the interim, the Board has appointed Mr. David Nelson, President and CEO, as acting CFO of the Company effective immediately.
LNG Energy Approves Advance Notice Policy
Marketwire - Wed Sep 04, 8:18PM CDT
LNG Energy Ltd's (TSX VENTURE: LNG) ("LNG" or the "Company") board of directors (the "Board of Directors") has approved an advance notice policy (the "Policy") effective August 29, 2013. The purpose of the Policy is to provide a clear framework for nominating directors of the Company; which will facilitate an orderly and efficient process for nomination and election of directors at annual or special general meetings of shareholders. The Policy includes a process that requires advance notice to the Company in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Company other than pursuant to a proposal or requisition of shareholders made in accordance with the Business Corporations Act (British Columbia). Among other things, the Policy fixes a deadline by which holders of record of common shares of the Company must submit director nominations to the Company prior to any annual or special general meeting of shareholders and sets forth the information that a shareholder must include in the notice to the Company for the notice to be in proper written form.
LNG Energy Ltd. Announces Change to Board
Marketwire - Fri Aug 23, 7:01AM CDT
LNG Energy Ltd. ("LNG" or the "Company") (TSX VENTURE: LNG) announces the resignation of Mr. David Afseth as director. Mr. Afseth also served as the Company's President and CEO for four years before stepping down in 2012. During his tenure, he was instrumental in advancing LNG's Papua New Guinea assets, leading to a farm out of a portion of the assets earlier this year. He also guided the Company in the acquisition of over one million gross acres of oil and gas leases in Poland and facilitated a farm-in in Bulgaria. He has been an asset to LNG's management team and more recently, lending his experience to LNG's board. The board extends its gratitude for his efforts, contributions and guidance over the past five years.
LNG Energy Ltd. Completes Acquisition of Enterprise Energy Resources Ltd.
Marketwire - Tue Aug 20, 7:03AM CDT
LNG Energy Ltd. ("LNG") (TSX VENTURE: LNG) and Enterprise Energy Resources Ltd. (TSX VENTURE: EER) ("Enterprise") are pleased to announce the completion of the acquisition of Enterprise by LNG (the "Acquisition"). The Acquisition increases LNG's net working interest in PPL 319 in Papua New Guinea to 16.85% and in PPLs 320, 321 and 322 to 84.25%.
LNG Energy Ltd.'s Acquisition of Enterprise Energy Resources Ltd. Receives Shareholder Approval
Marketwire - Tue Aug 13, 6:14PM CDT
LNG Energy Ltd. ("LNG") (TSX VENTURE: LNG) is pleased to announce that the shareholders of Enterprise Energy Resources Ltd. (TSX VENTURE: EER) ("Enterprise") have approved the acquisition of Enterprise by LNG. The transaction is subject to final regulatory and court approvals.
Enterprise Shareholders Approve Acquisition by LNG Energy Ltd.
Marketwire - Tue Aug 13, 6:13PM CDT
Enterprise Energy Resources Ltd. (TSX VENTURE: EER) ("Enterprise" or the "Company") is pleased to announce that the acquisition of Enterprise by LNG Energy Ltd. (TSX VENTURE: LNG) ("LNG") was approved at Enterprise's annual general and special meeting of shareholders today. The acquisition of Enterprise by LNG through a court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act, British Columbia, was announced on June 25, 2013. Under the terms of the Arrangement, each Enterprise Share will be exchanged for 5 common shares in the capital of LNG. The transaction is subject to final regulatory and court approvals.
LNG Energy Ltd. to Acquire All of the Shares of Enterprise in Friendly Share Exchange Transaction
Marketwire - Tue Jun 25, 11:48AM CDT
Enterprise Energy Resources Ltd. ("Enterprise" or the "Company") (TSX VENTURE: EER) is pleased to announce that it has entered into a definitive agreement (the "Agreement") with LNG Energy Ltd. (TSX VENTURE: LNG) ("LNG") whereby LNG will acquire, through a court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia), all of the outstanding common shares of Enterprise (the "Enterprise Shares") for total consideration of approximately C$4.7 million (based on LNG's closing price on June 21, 2013) payable in shares of LNG.
LNG Energy to Acquire All of the Shares of Enterprise Energy Resources Ltd. in Friendly Share Exchange Transaction and Announces Board Appointment
Marketwire - Tue Jun 25, 8:05AM CDT
LNG Energy Ltd. ("LNG") (TSX VENTURE: LNG) is pleased to announce that it has entered into a definitive agreement (the "Agreement") with Enterprise Energy Resources Ltd. (TSX VENTURE: EER) ("Enterprise") whereby LNG will acquire, through a court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia), all of the outstanding common shares of Enterprise (the "Enterprise Shares") for total consideration of approximately C$4.7 million (based on LNG's closing price on June 21, 2013) payable in shares of LNG.
Enterprise Energy Closes Farm-in Agreement in Papua New Guinea With Heritage Oil Plc
Marketwire - Mon Apr 22, 8:03AM CDT
Enterprise Energy Resources Ltd. (the "Company" or "Enterprise") (TSX VENTURE: EER) is pleased to announce that Telemu No. 18 Ltd. ("Telemu"), a Papua New Guinea based subsidiary of LNG Energy Ltd. ("LNG") (TSX VENTURE: LNG), has closed its farm-in agreement with wholly owned subsidiaries of Heritage Oil Plc ("Heritage"). In exchange for an 80% participating interest in the PPL 319 and PRL 13 licenses (as announced in the press release of April 2, 2013), Heritage has made a cash payment to Telemu of US$4 million plus the reimbursement of costs associated with the recently completed 22 km Tuyu seismic program. In addition to the cash payment, Heritage has also committed to funding the acquisition of a minimum of 100 km of seismic within the license areas and the drilling of one exploration well in PPL 319 to a depth sufficient to test identified exploration targets. The 22 km Tuyu program will count towards the fulfillment of these commitments. The PPL 319 license is held by Telemu and prior to closing the Company effectively owned 15.75% of Telemu through its 50% owned subsidiary, EERL Holdings (BVI) Ltd. The Company does not own any part of PRL 13.
LNG Energy Announces Shareholder and TSXV Approval of Share Alteration, Name Change and Appointment of CFO
Marketwire - Wed Nov 13, 7:04AM CST
LNG Energy Ltd. ("LNG" or the "Company") (TSX VENTURE: LNG) is pleased to announce that its shareholders and the TSX Venture Exchange have approved the consolidation of LNG's issued and outstanding Common Shares and a name change to "Esrey Energy Ltd." ("Esrey").
LNG Energy Ltd. Announces Resignation of CFO
Marketwire - Fri Sep 13, 6:21PM CDT
LNG Energy Ltd. ("LNG" or the "Company") (TSX VENTURE: LNG) announces Mr. Danny Lee has tendered his resignation to the Board of Directors (the "Board") resigning from the position of Chief Financial Officer ("CFO") of the Company in order to pursue other professional interests. The Board thanks Mr. Lee for his years of services and wishes him well in his future endeavors. The search for his successor has begun. In the interim, the Board has appointed Mr. David Nelson, President and CEO, as acting CFO of the Company effective immediately.
LNG Energy Approves Advance Notice Policy
Marketwire - Wed Sep 04, 8:18PM CDT
LNG Energy Ltd's (TSX VENTURE: LNG) ("LNG" or the "Company") board of directors (the "Board of Directors") has approved an advance notice policy (the "Policy") effective August 29, 2013. The purpose of the Policy is to provide a clear framework for nominating directors of the Company; which will facilitate an orderly and efficient process for nomination and election of directors at annual or special general meetings of shareholders. The Policy includes a process that requires advance notice to the Company in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Company other than pursuant to a proposal or requisition of shareholders made in accordance with the Business Corporations Act (British Columbia). Among other things, the Policy fixes a deadline by which holders of record of common shares of the Company must submit director nominations to the Company prior to any annual or special general meeting of shareholders and sets forth the information that a shareholder must include in the notice to the Company for the notice to be in proper written form.
LNG Energy Ltd. Announces Change to Board
Marketwire - Fri Aug 23, 7:01AM CDT
LNG Energy Ltd. ("LNG" or the "Company") (TSX VENTURE: LNG) announces the resignation of Mr. David Afseth as director. Mr. Afseth also served as the Company's President and CEO for four years before stepping down in 2012. During his tenure, he was instrumental in advancing LNG's Papua New Guinea assets, leading to a farm out of a portion of the assets earlier this year. He also guided the Company in the acquisition of over one million gross acres of oil and gas leases in Poland and facilitated a farm-in in Bulgaria. He has been an asset to LNG's management team and more recently, lending his experience to LNG's board. The board extends its gratitude for his efforts, contributions and guidance over the past five years.
LNG Energy Ltd. Completes Acquisition of Enterprise Energy Resources Ltd.
Marketwire - Tue Aug 20, 7:03AM CDT
LNG Energy Ltd. ("LNG") (TSX VENTURE: LNG) and Enterprise Energy Resources Ltd. (TSX VENTURE: EER) ("Enterprise") are pleased to announce the completion of the acquisition of Enterprise by LNG (the "Acquisition"). The Acquisition increases LNG's net working interest in PPL 319 in Papua New Guinea to 16.85% and in PPLs 320, 321 and 322 to 84.25%.
LNG Energy Ltd.'s Acquisition of Enterprise Energy Resources Ltd. Receives Shareholder Approval
Marketwire - Tue Aug 13, 6:14PM CDT
LNG Energy Ltd. ("LNG") (TSX VENTURE: LNG) is pleased to announce that the shareholders of Enterprise Energy Resources Ltd. (TSX VENTURE: EER) ("Enterprise") have approved the acquisition of Enterprise by LNG. The transaction is subject to final regulatory and court approvals.
Enterprise Shareholders Approve Acquisition by LNG Energy Ltd.
Marketwire - Tue Aug 13, 6:13PM CDT
Enterprise Energy Resources Ltd. (TSX VENTURE: EER) ("Enterprise" or the "Company") is pleased to announce that the acquisition of Enterprise by LNG Energy Ltd. (TSX VENTURE: LNG) ("LNG") was approved at Enterprise's annual general and special meeting of shareholders today. The acquisition of Enterprise by LNG through a court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act, British Columbia, was announced on June 25, 2013. Under the terms of the Arrangement, each Enterprise Share will be exchanged for 5 common shares in the capital of LNG. The transaction is subject to final regulatory and court approvals.
LNG Energy Ltd. to Acquire All of the Shares of Enterprise in Friendly Share Exchange Transaction
Marketwire - Tue Jun 25, 11:48AM CDT
Enterprise Energy Resources Ltd. ("Enterprise" or the "Company") (TSX VENTURE: EER) is pleased to announce that it has entered into a definitive agreement (the "Agreement") with LNG Energy Ltd. (TSX VENTURE: LNG) ("LNG") whereby LNG will acquire, through a court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia), all of the outstanding common shares of Enterprise (the "Enterprise Shares") for total consideration of approximately C$4.7 million (based on LNG's closing price on June 21, 2013) payable in shares of LNG.
LNG Energy to Acquire All of the Shares of Enterprise Energy Resources Ltd. in Friendly Share Exchange Transaction and Announces Board Appointment
Marketwire - Tue Jun 25, 8:05AM CDT
LNG Energy Ltd. ("LNG") (TSX VENTURE: LNG) is pleased to announce that it has entered into a definitive agreement (the "Agreement") with Enterprise Energy Resources Ltd. (TSX VENTURE: EER) ("Enterprise") whereby LNG will acquire, through a court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia), all of the outstanding common shares of Enterprise (the "Enterprise Shares") for total consideration of approximately C$4.7 million (based on LNG's closing price on June 21, 2013) payable in shares of LNG.
Enterprise Energy Closes Farm-in Agreement in Papua New Guinea With Heritage Oil Plc
Marketwire - Mon Apr 22, 8:03AM CDT
Enterprise Energy Resources Ltd. (the "Company" or "Enterprise") (TSX VENTURE: EER) is pleased to announce that Telemu No. 18 Ltd. ("Telemu"), a Papua New Guinea based subsidiary of LNG Energy Ltd. ("LNG") (TSX VENTURE: LNG), has closed its farm-in agreement with wholly owned subsidiaries of Heritage Oil Plc ("Heritage"). In exchange for an 80% participating interest in the PPL 319 and PRL 13 licenses (as announced in the press release of April 2, 2013), Heritage has made a cash payment to Telemu of US$4 million plus the reimbursement of costs associated with the recently completed 22 km Tuyu seismic program. In addition to the cash payment, Heritage has also committed to funding the acquisition of a minimum of 100 km of seismic within the license areas and the drilling of one exploration well in PPL 319 to a depth sufficient to test identified exploration targets. The 22 km Tuyu program will count towards the fulfillment of these commitments. The PPL 319 license is held by Telemu and prior to closing the Company effectively owned 15.75% of Telemu through its 50% owned subsidiary, EERL Holdings (BVI) Ltd. The Company does not own any part of PRL 13.
