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Latest Petromanas Energy (PENYF) Headlines Pe

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Posted On: 03/10/2014 11:34:05 PM
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Latest Petromanas Energy (PENYF) Headlines



Petromanas announces sale of shares by DWM

CNW Group - Wed Mar 05, 4:00PM CST

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) has been advised that DWM Petroleum AG ("DWM"), previously the company's largest shareholder, today disposed of 40 million common shares at market prices, primarily to institutional investors purchasing through Haywood Securities Inc. One of the Company's directors acquired an aggregate of 10 million of these common shares. Following the disposition, DWM has advised the Company that they currently retain 8.5 million common shares of Petromanas or approximately 1% of the Company's issued and outstanding shares



Petromanas formally announces discovery on Blocks 2-3 in Albania

CNW Group - Thu Jan 09, 6:00AM CST

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced that based on its previously disclosed well results and initial positive 30 day pressure build-up data from the Shpirag-2 well, it has officially informed the Albanian government of a discovery on Blocks 2-3, onshore Albania in which it holds a 25% working interest and is the operator with Shell holding the remaining 75% interest.



Petromanas supports investment agreement between Canadian and Albanian governments

CNW Group - Thu Nov 28, 11:59AM CST

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced its support for a foreign investment and protection agreement (FIPA) concluded between the Canadian and Albanian governments and announced by the Honourable Ed Fast, Minister of International Trade.



Petromanas Announces Appointment of New Director, Joint Venture Process for Australian Assets, and Filing of Q3 2013 Financial Results

CNW Group - Mon Nov 18, 4:59PM CST

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced the appointment of Wesley K. Clark, General, US Army (ret.) to its board of directors.



Petromanas Announces Sale Of Shares By DWM and Purchase by Officers and Directors

CNW Group - Tue Nov 05, 5:44PM CST

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced that a group of investors, including existing shareholders and certain directors and officers of the Company, has purchased common shares of the Company which were divested by Petromanas' largest shareholder, DWM Petroleum AG ("DWM" or the "Vendor"). DWM disposed of 46 million shares through the facilities of the TSX Venture Exchange at market prices. Certain of the Company's directors and officers acquired an aggregate of 15,669,500 of these common shares. Following the disposition, DWM retains 50 million common shares of Petromanas or approximately 7% of the Company's issued and outstanding shares.DWM has agreed that no further share sales will take place for a period of 60 days.



Petromanas Energy Inc. Announces Board Resignations

CNW Group - Tue Nov 05, 4:00AM CST

Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXVMI) today announced that Mr. Heinz J. Scholz and Mr. Werner Ladwein have resigned from the Company's Board of Directors to focus on other commitments, effective immediately.



Petromanas Announces Positive Well Test Results From Shpirag-2 in Albania

PR Newswire Europe - Mon Nov 04, 4:59PM CST

CALGARY, Alberta, November 4, 2013 /PRNewswire/ --



Petromanas announces positive well test results from Shpirag-2 in Albania

CNW Group - Mon Nov 04, 4:00PM CST

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) and Royal Dutch Shell plc ("Shell") today announced positive test results from its Shpirag-2 well in Block 2-3, which covers an area of 3,450 square kilometres onshore south-central Albania.



Petromanas Energy Inc is Featured as the Daily Momentum Gainer to Watch on Smallcappower.com

Newsfile Corp - Tue Aug 27, 9:41AM CDT

full story)



Petromanas announces spudding of Molisht-1; testing of Shpirag-2; files second quarter results

CNW Group - Thu Aug 22, 4:00PM CDT

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced the spudding of the Molisht-1 well onshore Albania and provided an update on its other exploration activities on Blocks 2-3.



Petromanas Energy Inc. Comments on Helicopter Incident in Albania

CNW Group - Tue Aug 13, 9:47PM CDT

Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXV: PMI) received notification from its seismic contractor in Albania, Geotec Spa, of an incident involving a helicopter owned by a third-party sub-contractor which occurred at approximately 13:10 hrs Central European Time on August 13, 2013. The helicopter crashed shortly after takeoff from its operations base in Albania. The aircraft was not carrying any seismic equipment at the time and only the pilot, who suffered unspecified but believed to be non-life threatening injuries, was on board. The pilot was removed from the aircraft and transported to hospital in Tirana where his condition is being assessed further. No other injuries have been reported at this time.



Petromanas Energy Inc. Announces Grant of Stock Options

CNW Group - Thu Aug 01, 4:00PM CDT

Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXV: PMI) today announced that it has granted 3,000,000 stock options, including 2,000,000 stock options to officers of Petromanas, pursuant to the Corporation's approved stock option plan. The options are exercisable at a price of $0.15 per share and vest annually over three years. All options expire on July 26, 2018.



Pan African Oil Ltd. Announces Appointment of New CFO and Grant of Stock Options

ACCESSWIRE - Tue Jul 23, 3:26PM CDT

Calgary, Canada, July 23, 2013 - Pan African Oil Ltd. (TSXVAO) ("PAO" or the "Company") is pleased to announce that Dean Callaway, B.Comm., MBA, CGA, has joined the PAO team as the new Chief Financial Officer ("CFO") and Corporate Secretary and will be based in the Calgary corporate office. Mr. Callaway has over 24 years of experience of which the last 10 have been in senior management positions in both private and public, junior international oil and gas exploration companies. Most recently Dean was CFO and Vice President Finance at Gallic Energy Ltd. (acquired by Petromanas Energy Inc.), and prior to that, TG World Energy Corp. (acquired by TVI Pacific Inc.) where he was CFO and Corporate Secretary.



Petromanas provides update on Blocks 2-3 exploration program

CNW Group - Wed Jul 17, 6:00AM CDT

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today provided an update on its exploration activities on Blocks 2-3.



Petromanas amends farm out agreement with Shell and Shpirag-2 reaches total depth

CNW Group - Mon Jun 24, 4:01PM CDT

Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXV: PMI) today announced that it has entered into an amended definitive farm out agreement (the "Agreement") with a wholly owned subsidiary of Royal Dutch Shell plc ("Shell"), whereby Shell will further farm into the Company's exploration rights on Blocks 2-3 (the "Blocks") comprising approximately 852,000 gross acres onshore Albania. Under the terms of the Agreement, Shell will acquire a further 25% participating interest in the Blocks in exchange for total consideration of approximately US $22 million. Assuming full execution of the exploration program, the Company expects the Agreement will result in a reduction of its net cash outflows by more than US $60 million over the next two years. Petromanas remains the operator of the Blocks and the Joint Operating Agreement between the parties remains in force and unchanged. The Agreement is effective June 1, 2013 and is subject to customary closing conditions including the receipt of all



Petromanas Energy Inc. - Archive Webcast of June 12, 2013 EPAC Oil & Gas Investor Showcase

CNW Group - Fri Jun 14, 7:00AM CDT

(TSX: PMI) Petromanas Energy Inc. announced they will host their Archive Webcast of June 12, 2013 EPAC Oil & Gas Investor Showcase on 14-Jun-13 at 14:00 MT / 16:00 ET.



Petromanas provides operational update; announces AGM voting results and filing of Q1 2013 financial results

CNW Group - Mon May 27, 6:30AM CDT

Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXVMI) today provided an update on its international exploration program and announced the results of voting at its Annual General Meeting of shareholders, the appointment of a new addition to the Company's management team and the filing of its financial results for the first quarter of 2013.



Petromanas provides update on Shpirag-2 well and seismic program on Blocks 2-3

CNW Group - Mon Apr 22, 4:00PM CDT

Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXV: PMI) today announced that it has cased the Shpirag-2 well to the top of the main objective carbonate reservoir at a depth of 5,164 metres. The Company set casing from the previous casing depth of approximately 4,750 metres to put the lower zone of unstable flysch shale behind pipe. The well is currently drilling ahead in the upper carbonate zone at a depth of approximately 5,200 metres.



Petromanas Energy Inc. Announces Change to Senior Management Team

CNW Group - Thu Apr 11, 4:00PM CDT

Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXVMI) today announced that its Chief Operating Officer (COO), Mr. Hamid Mozayani, is retiring from the Company effective April 11, 2013. The Company has initiated a search for a suitable replacement for Mr. Mozayani who will serve as an executive advisor and interim COO to the Company following his retirement to support an orderly transition to his replacement.



Petromanas Energy Inc. announces filing of year end results; Provides operational update

CNW Group - Mon Apr 01, 6:00AM CDT

Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXVMI) today announced that it has filed its financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2012 on SEDAR. The financial statements and MD&A will be available on the Company's website or at www.SEDAR.com.



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