Pacific Oil Company Announces Spring Workover on 9600 Acre Lacadena Natural Gas Project
Marketwire - Wed Mar 19, 9:17AM CDT
Pacific Oil Company (OTC: POIL), a dynamic junior energy company with both established assets and production within the energy rich province of Saskatchewan Canada, is pleased to announce that it has begun its scheduled spring overhaul of the company's Lacadena natural gas asset. The entire project is being revamped with the goal of producing higher revenues through greater efficiency, lower operating costs and traditionally higher natural gas prices.
Pacific Oil Company Announces Plans to Expand Lacadena Project Through the Acquisition of Neighboring Wells and Property
Marketwire - Mon Mar 17, 7:45AM CDT
Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that it is in talks with a major energy producer with the goal of purchasing both wells and property boarding its 9600 acre Lacadena Project. The deal being discussed consists of 11 natural gas wells situated on 3,840 acres of energy rich land.
Pacific Oil Company Submits All Inclusive Bid to Purchase 67 Oil Wells on 9 Canadian Heavy Oil Properties
Marketwire - Tue Mar 11, 7:45AM CDT
Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that it has submitted a formal bid to Grant Thorton LLC Trustee for the acquisition of 67 oil wells. The submitted bid is all inclusive and includes all the wells mentioned in Pacific Oil's March 4th press release. The 67 wells are spread over 9 properties all of which are in the Lloydminster / Maidstone area of operation.
Pacific Oil Company Increases Offer to Include an Additional Four Producing Wells on Adjacent Property
Marketwire - Tue Mar 04, 6:30AM CST
Pacific Oil Company ("Pacific Oil" or the "Company") (OTC: POIL), announced today that it increased its previously announced offer to purchase producing heavy oil wells to include an additional four producing wells located on an adjacent property. Including the additional four wells, the Company's offer is now to purchase a total of sixteen producing heavy oil wells located in Maidstone, Saskatchewan, Canada. The initial purchase offer was announced on February 11, 2014.
Pacific Oil Company to Become Licensed Operator in Saskatchewan, Canada
Marketwire - Thu Feb 27, 7:45AM CST
Pacific Oil Company ("Pacific Oil" or the "Company") (OTC: POIL) announced today that it has met all required criteria to become a licensed operator within the province of Saskatchewan. Accordingly, the Company intends to complete all related filings with the province by February 28, 2014.
Pacific Oil Company Announces Intentions to Reactivate 17 Natural Gas Wells in Saskatchewan, Canada
Marketwire - Wed Feb 19, 7:45AM CST
Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that it intends to reactivate 17 natural gas wells to take advantage of higher natural gas prices. The wells targeted for reactivation are part of Pacific Oil's 27 well 9600 acre Lacadena Project located near the town of Shackleton within the province of Saskatchewan.
/ CORRECTION - Pacific Oil Company
Marketwire - Tue Feb 11, 8:55AM CST
In the news release, "Pacific Oil Company Enters Into Negations to Purchase a 64% Working Interest in 12 Heavy Oil Wells in Maidstone Saskatchewan Canada," issued earlier today by Pacific Oil Company (OTC: POIL), we are advised by the company that the word "Negations," appearing in the headline and first paragraph, should be "Negotiations," Complete corrected text follows.
Pacific Oil Company Enters Into Negations to Purchase a 64% Working Interest in 12 Heavy Oil Wells in Maidstone Saskatchewan Canada
Marketwire - Tue Feb 11, 7:45AM CST
Pacific Oil Company ("Pacific Oil") (OTC: POIL), is today announcing that it has entered into negations to purchase a 64% working interest in 12 producing heavy oil wells in Maidstone Saskatchewan Canada. The wells are being purchased out of bankruptcy with the trustee being represented by Sayer Energy Advisors.