Latest Pennant Energy Inc (PENFF) Headlines I
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IIROC Trade Resumption - Pennant Energy Inc.
Newsfile Corp - Tue Feb 18, 11:36AM CST
Trading resumes in:
Pennant Energy Announces Plans to Spud First Horizontal Well at Its Mantario Oil Project
Marketwire - Tue Feb 11, 7:05AM CST
Pennant Energy Inc. ("Pennant" or the "Company") (TSX VENTURE: PEN) is pleased to announce that its partner, Blackbird Energy Inc. ("Blackbird"), plans to spud the first horizontal well on the Mantario Oil Project in the second quarter of 2014, subject to weather and rig availability. The well will be spudded from a surface location at 16-1-26-25W3 with a horizontal lateral length of 800 meters. The trajectory of the horizontal well has been established using proprietary high resolution 3D seismic and existing well control. Pennant holds a 30% operated working interest in the project.
Pennant Energy Provides Operational Update
Marketwire - Fri Dec 20, 7:05AM CST
Pennant Energy Inc. ("Pennant" or the "Company") (TSX VENTURE: PEN) is pleased to provide an update on its continued operations.
Pennant Announces Grant of Stock Options
Marketwire - Wed Oct 16, 6:34PM CDT
Pennant Energy Inc. (TSX VENTURE: PEN) ("Pennant" or the "Company") announces today that it has granted stock options to certain of its directors and officers and to its investor relations consultant to purchase a total of 3,000,000 common shares of the Company pursuant to the terms of the Company's stock option plan. All of the options are exercisable at a price of $0.05 per share until October 16, 2018. The options granted to the investor relations consultant are subject to vesting restrictions pursuant to which 20% of such options vested at the time of grant and 20% will vest every three months thereafter. All other options vested immediately at the time of grant.
Pennant Announces Closing of Private Placement and the Commencement of Drilling on the Mantario Oil Project
Marketwire - Tue Oct 15, 2:31PM CDT
Pennant Energy Inc. (TSX VENTURE: PEN) ("Pennant" or the "Company") announces that it has completed its previously announced non-brokered private placement of 455 unsecured convertible debentures (each, a "Convertible Debenture") in the aggregate principal amount of $455,000 (the "Offering"). The Company also issued 9,100,000 share purchase warrants (each, a "Warrant"), with each Warrant entitling the holder to purchase one common share (each, a "Share") of the Company at a price of $0.05 per Share for a period of two years.
Pennant Announces Plans to Drill the First Success Well at Its New Oil Exploration Project in the Mantario Area of West Central Saskatchewan Focusing on the Lower Mannville
Marketwire - Wed Sep 04, 7:03AM CDT
Pennant Energy Inc. ("Pennant" or the "Company") (TSX VENTURE: PEN) is pleased to announce that it plans to spud its first Success Formation well at its new oil exploration project located in the Mantario area of West Central Saskatchewan (the "Mantario Project") in the fourth quarter of 2013.
Pennant Announces Receipt of Approval of Farmout Agreement With Blackbird Energy Inc.
Marketwire - Thu Jul 18, 7:03AM CDT
Pennant Energy Inc. ("Pennant" or the "Company") (TSX VENTURE: PEN) announces that it has received approval from the TSX Venture Exchange (the "Exchange") to the Farmout Agreement (the "Agreement") with Blackbird Energy Inc. ("Blackbird"), whereby Blackbird has agreed to allow the Company to earn a 30% working interest in certain lands and leases (the "Farmout Lands") owned by Blackbird in Mantario area of West Central Saskatchewan. In order to earn its 30% interest, the Company will pay to Blackbird, within 15 days of receipt of the approval of the Exchange, the following: (i) 50% of the land acquisition costs incurred to date including brokerage and transfer costs ($200,000 net estimated), and (ii) 50% of the 3D seismic program including geological and geophysical interpretation ($125,000 net estimated). In addition, the Company has agreed to pay 50% of the drilling, completing, equipping and tie-in costs of the test well to earn the working interest.
Blackbird Energy Announces TSX-V Approval of Farmout Agreement With Pennant Energy Inc.
Marketwire - Thu Jul 18, 7:02AM CDT
(TSX VENTURE: BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce that the Farmout Agreement (the "Agreement") with Pennant Energy Inc. ("Pennant") has been approved by the TSX Venture Exchange (the "Exchange").
Pennant Announces Death of Director David Finn
Marketwire - Tue Jul 16, 8:04AM CDT
Pennant Energy Inc. (TSX VENTURE: PEN) ("Pennant" or the "Company") announces today that David Finn, a director of the Company, died suddenly on July 15, 2013.
Blackbird Energy Announces New Oil Exploration Project in the Mantario, SK Area Focusing on the Lower Mannville and a Farmout Agreement With Pennant Energy Inc.
Marketwire Canada - Thu Jun 20, 7:20AM CDT
Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce that it has completed the following on its new oil exploration project in the Mantario area of West Central Saskatchewan ("Mantario Project"): Acquired more than 1,280 acres of petroleum and natural gas rights targeting the Lower Mannville, completed and evaluated 2D and 3D seismic on the lands, and entered into a Farm-out Agreement (the "Agreement") with Pennant Energy Inc. ("Pennant").