PKPL Stock UPDATES Park Place Energy Corp. (PKPL) 0.5900 08/20/2014
Post# of 273249
Park Place Energy Corp. Closes $2.247MM Private Placement
PRWeb - Mon Aug 04, 5:37AM CDT
Park Place Energy Corp. ("Park Place" or the "Company" is pleased to announce that it has recently closed a private placement that raised $2.247 million. The funds will be used for general and administrative purposes as well as for the initial work to be performed under the License Agreement for the Vranino Block 1-11. The Vranino Block 1-11 License Agreement was signed April 1, 2014. The Company is presently awaiting approval by Bulgarian regulatory authorities of its planned work programs.
Park Place Announces End of Litigation Over Grant of Vranino 1-11 Block License
Marketwire - Thu Jul 18, 8:26PM CDT
Park Place (OTCBB: PKPL) is pleased to announce that it has entered into an agreement which effectively brings to an end the litigation over the grant to the Company of the Vranino 1-11 Block License. In addition, as part of the agreement, Park Place has purchased certain data and studies relating to the area covered by Vranino license which will assist the Company in planning future exploration and development activities. The next step is finalizing the form of license agreement with the Bulgarian regulators. Park Place anticipates commencing activities on the license area in early 2014. The Vranino license is located in the Dobrich Basin, Eastern Bulgaria. This area has been the subject of significant past exploration work including extensive 2 D seismic coverage and over 200 wells drilled as part of a comprehensive resource assessment.
Park Place Receives Another Positive Decision from the Supreme Administrative Court, Bulgaria Regarding Oil and Gas License Block
Marketwire - Thu Jun 20, 6:45PM CDT
Park Place Energy Corp. ("Park Place" or "the Company" (OTCBB: PKPL) is pleased to announce that on June 16 2013 the Fifth Division Supreme Administrative Court in Bulgaria "the SAC" has upheld the award of the Vranino 1-11 oil and gas exploration block license to Park Place, again.