Latest Waldron Energy Corp (TTYGF) Headlines Mont
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Montana Exploration Corp. to focus upon its 150,000 net acre Shaunavon resource play following expiry of Waldron Plan of Arrangement
CNW Group - Thu Feb 20, 8:54AM CST
Montana Exploration Corp. ("Montana" or the "Company") (TSXV:MTZ) announces the expiry of the Plan of Arrangement with Waldron Energy ("Waldron" or the "Corporation") and the renewed primary focus of the Company upon its substantially de-risked Shaunavon resource play in Montana. Montana undertook a shareholder approved combination with Waldron to support Montana's Shaunavon resource play and to enable the development of Waldron's assets under circumstances where Waldron had sought alternatives because of high debt. Montana sought replacement financing when the conditions attached to its original financing changed. Montana has raised significant funding for Waldron which has resulted in a material reduction of the indebtedness of Waldron, and provided technical advice on locations for the recompletion of wells and the provision of office premises. As a result, Montana is now the largest shareholder of Waldron holding 7,777,778 common shares. In accordance with a written undertaking to James Collins, the controlling shareholder of Montana, we will be seeking representation on Waldron's board. Montana will continue to evaluate its participation in Waldron, along with its co-investors, to determine whether to increase or dispose of its share position.
Waldron Energy Corporation Announces Termination of Plan of Arrangement With Montana Exploration Corp., Reserves and Operations Update and 2014 Guidance
Marketwire - Wed Feb 19, 6:21PM CST
Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX: WDN) announces that the Plan of Arrangement (the "Transaction") with Montana Exploration Corp. ("Montana") originally announced on July 31, 2013 has been terminated as a result of Montana failing to complete the financings necessary to close the Transaction. The Board of Directors of Waldron thanks the Waldron shareholders for their patience throughout the proposed Transaction and believes the Corporation and its shareholders are now best served by Waldron's continued focus on the development of its quality assets. Waldron exits this sales process in a stronger position in terms of net debt, reserves and cash flow outlook.
Montana Exploration Corp. Announces Share Exchange Agreement
CNW Group - Thu Feb 06, 5:18PM CST
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE DISTRIBUTION SERVICES/
James W. Collins Files Early Warning Report
CNW Group - Tue Feb 04, 8:00PM CST
James W. Collins of 900 East Lakeview Drive McAllen, Texas (the "Offeror") acquired through ANG Partners, Ltd. ("ANG"), beneficial ownership and control of 7,777,778 common shares (the "Common Shares") in the capital of Waldron Energy Corporation ("Waldron") at $0.45 per share for an aggregate gross proceeds of $3,500,000 on a private placement basis. On January 24, 2014, the Offeror, through Vanco Stock, Ltd., acquired beneficial ownership and control of 14,000 Common Shares over the Toronto Stock Exchange at a price of $0.28 per Common Share.
Waldron Energy Corporation Announces Closing of $4.3 Million Private Placement Financing, Conditional Approval of Previously Announced $2.0 Million Private Placement and Operations Update
Marketwire - Mon Dec 30, 5:16PM CST
Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX: WDN) is pleased to announce that it has closed the previously announced non-brokered private placement for 9,454,781 common shares on a flow-through basis ("Flow-Through Shares") at $0.45 per share for gross proceeds of approximately $4.3 million.
Waldron Energy Corporation Announces Agreement to Extend Outside Date for Arrangement and Equity Financing
Marketwire - Fri Dec 20, 1:55AM CST
Waldron Energy Corporation (TSX: WDN) ("Waldron" or the "Corporation") announces that the outside date for the closing of the previously announced arrangement between Waldron, its security holders and Montana Exploration Corp. (the "Arrangement") has been extended to January 31, 2014, subject to closing of the private placement described below. Throughout this extension period, Waldron will be bound by the non-solicitation provisions of the Arrangement.
Groundstar Resources Announces New Oil Production In Canada
ACCESSWIRE - Tue Dec 03, 5:44AM CST
CALGARY, December 3, 2013, Groundstar Resources Limited. ("Groundstar", "the "Company", "we", "us", or "our") (TSXV: GSA US: GRDSF symbol) is pleased to announce that, pursuant to its previously announced strategy to add production volumes domestically, it is for the first time since incorporation now operating and producing hydrocarbons in North America. Groundstar has drilled a successful oil well in Saskatchewan and continuous oil production has commenced at the 3-13-45-26W3M well (the "3-13 well") which was directionally drilled to a total depth of 740 meters into the Mannville formation. The well encountered approximately 4 meters of pay with approximately 32% porosity. In terms of net pay thickness, production and optimization plan, and wellbore fluid levels, the 3-13 well compares favorably to the best producer drilled to date in the pool. The off-setting producer has cumulative production in excess of 32,000(1) barrels during its first 14 months of production. Further to Groundstar's press release dated November 13, 2013 and its agreement with a mid-sized Canadian exploration and production company to partner on a high-netback, multi-well program in the Western Canadian sedimentary basin, Groundstar has now participated in the drilling of a shallow heavy oil well (0.425 net) to date in 2013 as part of the program. Given the encouraging results, the Company will continue to evaluate ongoing development and resumption of drilling operations.
Waldron Energy Corporation Analysis Across the Oil and Gas Value Chain Report
M2 - Thu Nov 21, 7:09AM CST
Summary
Waldron Energy Corporation Announces Third Quarter 2013 Results
Marketwire - Thu Nov 14, 6:00PM CST
Waldron Energy Corporation (TSX: WDN) ("Waldron" or the "Corporation") is pleased to announce its financial and operational results for the three and nine months ended September 30, 2013. These reports are available for review at www.sedar.com and on the Corporation's website at www.waldronenergy.ca.
Montana Exploration Corp. Announces Transaction Update
CNW Group - Mon Oct 28, 6:15PM CDT
Montana Exploration Corp. ("Montana") (TSXV:MTZ) announces that shareholders of Waldron Energy Corporation (TSX: WDN) ("Waldron") who elected to receive cash for their Waldron shares under the previously announced arrangement between Waldron, its securityholders and Montana (the "Arrangement") will have the opportunity to withdraw that election and to receive shares of Montana in respect of all or part of their Waldron shares. Under the Arrangement, Waldron shareholders had the option of electing, on or before 4:30 p.m. on September 26, 2013 to receive: (i) $0.45 for each Waldron share; (ii) 1.8 Montana shares for each Waldron share (which equals $0.45 based upon a Montana share price of $0.25); or (iii) a combination of Montana shares and cash, subject to potential proration.
Waldron Energy Corporation Announces Second Quarter 2013 Results
Marketwire - Tue Aug 13, 7:04AM CDT
Waldron Energy Corporation ("Waldron" or the "Corporation")(TSX: WDN) is pleased to announce its financial and operational results for the three and six months ended June 30, 2013. These reports are available for review at www.sedar.com and on the Corporation's website at www.waldronenergy.ca.
Waldron Energy Corporation Announces First Quarter 2013 Results and Operations Update
Marketwire - Mon May 13, 5:15PM CDT
Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX: WDN) is pleased to announce its financial and operational results for the three months ended March 31, 2013. These reports are available for review at www.sedar.com and on the Corporation's website at www.waldronenergy.ca.
Waldron Energy Corporation Announces 2012 Year End Results, 2012 Year End Reserves, Operations Update and Provides Update on Property Disposition Process
Marketwire - Mon Apr 01, 6:01PM CDT
Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX: WDN) is pleased to announce its financial and operational results for the year and three months ended December 31, 2012. The Corporation's audited year-end financial statements and Annual Information Form ("AIF") including a statement on reserves data and other information specified in NI 51-101 are available for review at www.sedar.com and on the Corporation's website at www.waldronenergy.ca.