IIROC Trade Halt - Powder Mountain Energy Ltd.
Newsfile Corp - Fri Jul 31, 6:54AM CDT
The following issues have been halted by IIROC:
Canamax Energy Ltd. and Powder Mountain Energy Ltd. announce closing of Business Combination
Filing Services Canada XHTML - Thu Jul 30, 5:24PM CDT
CAC.VN: 0.395 (+0.035), PDM.VN: 0.420 (+0.035)
Powder Mountain Announces Arrangement with Canamax Energy Ltd.
Filing Services Canada XHTML - Mon Jun 15, 7:04AM CDT
PDM.VN: 0.420 (+0.035)
Canamax Announces Strategic Business Combination With Powder Mountain Energy Ltd Which Provides Access to $21.5 Million of Surplus Cash
Marketwired - Mon Jun 15, 7:02AM CDT
Not for dissemination in the United States of America or distribution to any United States newswire services
CAC.VN: 0.395 (+0.035)
Powder Mountain Energy Ltd. Announces the Filing of Second Quarter Financial Statements and Managements Discussion & Analysis
Filing Services Canada XHTML - Thu May 28, 4:25PM CDT
PDM.VN: 0.420 (+0.035)
Powder Mountain Energy Ltd. Provides Operational Update
Filing Services Canada - Thu Mar 26, 3:23PM CDT
Powder Mountain Energy Ltd. Provides Operational Update Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (Powder Mountain or the Corporation) (TSX-V: PDM) is pleased to provide the following operations update to its drilling program in the Hardy and Coteau Lake areas of southeast Saskatchewan. Operations Update During November, 2014 through January, 2015 the Corporation drilled, completed and placed on production test two 100% working interest horizontal Bakken wells in southeast Saskatchewan. Hardy Area The 5A4-16-4-21W2M (5A4-16) development well located on the Corporations Hardy property was drilled, completed (28 stage frac) and placed on production in late January, 2015. Production from February 8th to March 10th averaged 112 Bopd. The well continued to cleanup and was producing approximately 132 Bopd before being shut-in due to spring break-up. Coteau Lake Area The 4C8-30-1-20W2M (4C8-30) was the Corporations first Bakken horizontal well drilled in Coteau Lake. The well was drilled using 2D seismic data and offsetting an existing vertical well that cored the Bakken zone. The 4C8-30 location included a vertical stratigraphic well drilled to assist in delineating the Bakken and to gather further information on the Torquay formation before drilling the horizontal Bakken section. Powder Mountain completed the well (29 stage frac) and placed it on production test. After 50 days on production the well has been determined to be uneconomic due to high water cut. Powder Mountain is currently conducting a review of the Coteau Lake drilling results along with geological and seismic interpretation to determine the prospectivity of the Bakken and other multi-zone potential in the area. Outlook The Corporation is well capitalized with approximately $23 million in working capital, no debt and is well positioned to take advantage of opportunities in this current oil price environment. About Powder Mountain Powder Mountain is a Calgary, Alberta based corporation engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. Not for distribution to U.S. news wire services or dissemination in the United States. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Certain statements contained in this news release constitute forward-looking statements. These statements relate to future events. All statements other than statements of historical fact are forward-looking statements. The use of the words may, expected, believes and other words of a similar nature are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Although Powder Mountain believes these statements to be reasonable, no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. Such statements include statements provided under the heading "Outlook". Actual results could differ materially from those anticipated in these forward-looking statements as a result of prevailing economic conditions and other factors, many of which are beyond the control of Powder Mountain. The forward-looking statements contained in this news release represent the Corporations expectations as of the date hereof, and are subject to change after such date. Powder Mountain disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by applicable securities regulations. For further information contact: Bruce Murray President & CEO Tel: 403-930-4061 Email: bmurray@powdermtnenergy.com (mailto:bmurray@powdermtnenergy.com) Website: www.powdermtnenergy.com (http://www.powdermtnenergy.com) John Newman Chief Financial Officer Tel: 403-930-4063 Email: jnewman@powdermtnenergy.com To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...262015.pdf Source: Powder Mountain Energy Ltd. (TSX Venture
PDM.VN: 0.420 (+0.035)
Powder Mountain Energy Ltd. Announces the Filing of Year-End Financial Statements, Managements Discussion & Analysis, NI 51-101 Reserves Report and Provides Operations Update
Filing Services Canada XHTML - Wed Jan 14, 8:40PM CST
PDM.VN: 0.420 (+0.035)
Powder Mountain Energy Ltd. Announces Capital Budget Approval
Filing Services Canada XHTML - Wed Sep 17, 8:00AM CDT
PDM.VN: 0.420 (+0.035)