Quattro Exploration (QEXXF) 0.0500 $QEXXF
IIROC Trade Resumption - Quattro Exploration and Production Ltd.
Newsfile Corp - Thu Aug 11, 12:09PM CDT
Trading resumes in:
Quattro Increases Asset Divestiture Plan to $30 Million and is Granted Court Protection to Allow for Its Orderly Completion
GlobeNewswire - Thu Aug 11, 12:00PM CDT
Quattro Exploration And Production Ltd. (TSXV:QXP) ("Quattro" or the "Company"
announced today an increase in its divestiture plan to $30,000,000 including its previously announced asset sale of $24,250,000 and has filed a Notice of Intention to Make a Proposal ("Notice of Intention" under the provisions of Part III of the Bankruptcy and Insolvency Act (the "BIA". The notice was filed by the Company in order to allow it the necessary time to complete the previously announced asset sale and the sale of additional non-core assets that are currently in process, protecting Quattro and its assets from the claims of creditors and others while the Company pursues these objectives.
QXP.VN: 0.085 (+0.015)
Quattro Signs Letter of Intent to Sell Oil And Natural Gas Properties in Western Canada for $24,250,000
GlobeNewswire - Tue Aug 02, 6:10AM CDT
Quattro Exploration and Production Ltd. (TSXV:QXP) ("Quattro" or the "Company" is pleased to announce the signing of a Letter of Intent for the sale of certain oil and gas production, facilities and lands in western Canada to an Alberta-based oil and gas exploration and production company (the "Sale".
QXP.VN: 0.085 (+0.015)
Quattro Files Annual Financial Statements
GlobeNewswire - Wed Jun 01, 9:04PM CDT
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company" reports the release of its financial results for year-ended December 31, 2015, reporting a CDN $0.08 per share loss due to a number of non-reoccurring charges totaling $4,488,200 while increasing reserves on a 2P basis by 166% at a cost of $4.80 per boe.
QXP.VN: 0.085 (+0.015)
Quattro Exploration and Production Ltd. Provides Update RE Annual Financial Statement Filings
GlobeNewswire - Tue May 24, 12:37PM CDT
Quattro Exploration and Production Ltd. (the "Corporation" (TSXV:QXP) provides an update regarding the filing of its financial statements and corresponding management discussion and analysis for the year ended December 31, 2015 (the "Financial Statements". As noted in the Company's press release dated May 4, 2016, the Company was unable to file the Financial Statements prior to the filing deadline of April 29, 2016 and at the request of the Company, Management Cease Trade Orders applicable to Leonard Van Betuw, President and Chief Executive Officer of the Company, Stacey LePla-Martin, Chief Financial Officer of the Company, and the Company's directors were issued by applicable securities commissions in accordance National Policy 12-203. As noted previously, Quattro was unable to file the Financial Statements prior to the aforementioned filing deadline due to the fact that it had experienced delays in the receipt of its 2015 reserves evaluation from its independent reserves evaluator and the need for additional accounting information related to the acquisition of Quattro (SRD) Innovations Inc. (the wholly owned subsidiary of the Corporation) which occurred in December 2015.
QXP.VN: 0.085 (+0.015)
Quattro Exploration and Production Ltd. Announces Year Over Year Increase in Reserves of 150% and Delays Filing Year-End 2015 Financials
GlobeNewswire - Mon May 02, 6:39PM CDT
Quattro Exploration and Production Ltd. (the "Corporation" (TSXV:QXP) is pleased to announce that at year-end 2015 the Company's total proven reserves increased by 150% (TP) compared to year-end 2014 to 6.602 million boe, while Proven Plus Probable Reserves (2P) were 10.977 million boe equating to a year over year increase of 166%, having a Reserve Life Index (RLI) of 15.89 years.
QXP.VN: 0.085 (+0.015)
Quattro Increases Estimated Recoverable Resources in Saskatchewan to 18 Million Barrels From 120 Million Barrels of Original Oil in Place (OOIP) ** and Receives Proposal for a Term Loan of $20 Million
GlobeNewswire - Tue Feb 02, 5:00AM CST
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company" is pleased to announce an increase in its recoverable reserves in Saskatchewan to 18 million barrels of oil from an estimated 120 million barrels of original oil in place (OOIP)**.
QXP.VN: 0.085 (+0.015)
Touchstone Announces Kerrobert Saskatchewan Disposition
Marketwired - Wed Jan 20, 6:01AM CST
Touchstone Exploration Inc. ("Touchstone" or the "Company" (TSX: TXP) announces that it has entered into an agreement to dispose of its Kerrobert, Saskatchewan facility, infrastructure and the associated PNG rights to Quattro Exploration and Production Ltd. ("Quattro" (TSX VENTURE: QXP) for total consideration of $4,150,000. The consideration includes $650,000 in cash and $3,500,000 in securities through the issuance of 35,000 non-voting Quattro Class "C", Series 3 preferred shares. The preferred shares have a face value of $100 per share and pay an annual preferred dividend of $3.50 per share. The cash consideration consists of $100,000 to be paid upon signing of the Purchase and Sale Agreement with the balance payable no later than February 15, 2016. Non-payment of the final cash installment will result in Quattro forfeiting the initial cash deposit. The disposition is effective December 31, 2015 and is expected to close on or before February 15, 2016, subject to satisfaction of closing conditions customary in transactions of this nature.
QXP.VN: 0.085 (+0.015), TXP.TO: 0.21 (unch)
Quattro Closes SRD Innovations Inc. Purchase
GlobeNewswire - Thu Dec 31, 8:41AM CST
Quattro Exploration and Production Ltd. (TSXV:QXP) ("Quattro" or the "Company" is pleased to announce that it has closed its previously announced purchase of all the shares of SRD Innovations Inc. ("SRD", an Alberta-based wireless technology company focused on the collection of real-time seismic imaging for exploration, reservoir engineering and micro-seismic monitoring and the analysis of hydraulic fracking, including all contracts, licensing revenues, patents, technologies, and ongoing research.
QXP.VN: 0.085 (+0.015)
IIROC Trade Halt - Quattro Exploration and Production Ltd.
Newsfile Corp - Mon Nov 30, 11:03AM CST
The following issues have been halted by IIROC:
Quattro Agrees to Purchase SRD Innovations Inc. for $3,500,800 Through the Issuance of Preferred Class C Shares
GlobeNewswire - Mon Nov 30, 5:00AM CST
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company" is pleased to announce that it has signed a binding Letter of Intent to purchase all the shares of SRD Innovations Inc. ("SRD", an Alberta-based wireless technology company focused on the collection of real-time seismic imaging for exploration, reservoir engineering, and micro-seismic for hydraulic fracture monitoring, mapping and analysis, including all contracts, licensing revenues, patents, technologies, and ongoing research.
QXP.VN: 0.085 (+0.015)
Quattro Releases 3rd Quarter Financials Reporting Net Earnings of $0.01 Per Share
GlobeNewswire - Thu Nov 26, 8:00AM CST
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company" is pleased to announce the filing of its third quarter 2015 financial statements, reporting net earnings of CDN $0.01 per share.
QXP.VN: 0.085 (+0.015)
Quattro Agrees to Purchase 444,300 BOE of Oil, Natural Gas and Liquids for $1,944,180
GlobeNewswire - Wed Nov 04, 7:07PM CST
Quattro Exploration And Production Ltd. (TSXV:QXP) ("Quattro" or the "Company" is pleased to announce that it has signed a binding agreement to purchase oil and gas production, facilities and lands in British Columbia from an Alberta-based private oil and gas exploration and production company (the "Acquisition".
QXP.VN: 0.085 (+0.015)
Quattro Announces Normal Course Issuer Bid and Provides Update
GlobeNewswire - Mon Oct 26, 3:00AM CDT
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company" a tier one TSX 50 Venture Company, is pleased to announce their intention to commence a Normal Course Issuer Bid ("The Bid", pursuant to the acceptance of the TSX Venture Exchange.
QXP.VN: 0.085 (+0.015)
Quattro Signs Agreement to Increase Working Capital by $4,000,000 and Confirms a Capital Budget of $12,800,000 in 2016
GlobeNewswire - Mon Sep 14, 6:50AM CDT
Quattro Exploration and Production Ltd. ("Quattro" or the "Company" (TSX-V:QXP) is pleased to announce the signing of an agreement to increase working capital by $4,000,000. The increase in working capital shall be derived through an increase in the Company's long term debt from $6,264,500 to $10,000,000 and a reduction in repayment terms to reflect the increased production and reserve life of the Company over the past 2 years.
QXP.VN: 0.085 (+0.015)
Quattro Increases Reserves by 120% in the Six Months Ending June 30th, 2015 and Provides Update
GlobeNewswire - Wed Jul 15, 2:42PM CDT
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company" is pleased to report an increase in reserves to 8.025 million boe as of June 30, 2015, including the closing of all previously announced Acquisitions.
QXP.VN: 0.085 (+0.015)
Quattro Agrees to Purchase 1.288 Million BOE of Oil, Natural Gas and Liquids in British Columbia
GlobeNewswire - Thu Jun 18, 8:43PM CDT
Quattro Exploration And Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company" is pleased to announce that it has signed a binding Letter of Intent to purchase oil and gas production, facilities and lands from an Alberta-based private oil and gas exploration and production company. The purchase price for the acquisition is $5,182,630 to be paid through the issuance of equity and the assumption of decommissioning liabilities. The properties are located in northeast British Columbia in the vicinity of Quattro's current operated production at Oak in the Fort St. John region (the "Properties". Closing of the purchase of the Properties is scheduled for June 30, 2015 and is subject to a number of customary conditions including, but not limited to, due diligence and approval of the TSX Venture Exchange. The effective date is June 1, 2015 with the equity portion being funded through the issuance of 15,000 non-voting Class C Preferred Shares, Series II ("Preferred Shares".
QXP.VN: 0.085 (+0.015)
Quattro Commences Trading and Provides Corporate Update Confirming an Additional 200 boe Per Day of Production
GlobeNewswire - Mon Jun 15, 2:59AM CDT
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company" is pleased to report the resumption of trading of its common shares on the TSX Venture Exchange under the trading symbol "QXP" and the successful addition of 200 boe per day at Milo Clarke Lake, in North East British Columbia. Quattro focused in the first quarter of 2015 on the remediation, equipping of 3 wells in the region and a re-entry program at Muskwa, a well that had been producing from a Keg River reef that was suspended by the previous operator.
QXP.VN: 0.085 (+0.015)
IIROC Trade Resumption - Quattro Exploration and Production Ltd.
Newsfile Corp - Thu Aug 11, 12:09PM CDT
Trading resumes in:
Quattro Increases Asset Divestiture Plan to $30 Million and is Granted Court Protection to Allow for Its Orderly Completion
GlobeNewswire - Thu Aug 11, 12:00PM CDT
Quattro Exploration And Production Ltd. (TSXV:QXP) ("Quattro" or the "Company"
announced today an increase in its divestiture plan to $30,000,000 including its previously announced asset sale of $24,250,000 and has filed a Notice of Intention to Make a Proposal ("Notice of Intention" under the provisions of Part III of the Bankruptcy and Insolvency Act (the "BIA". The notice was filed by the Company in order to allow it the necessary time to complete the previously announced asset sale and the sale of additional non-core assets that are currently in process, protecting Quattro and its assets from the claims of creditors and others while the Company pursues these objectives. QXP.VN: 0.085 (+0.015)
Quattro Signs Letter of Intent to Sell Oil And Natural Gas Properties in Western Canada for $24,250,000
GlobeNewswire - Tue Aug 02, 6:10AM CDT
Quattro Exploration and Production Ltd. (TSXV:QXP) ("Quattro" or the "Company"
is pleased to announce the signing of a Letter of Intent for the sale of certain oil and gas production, facilities and lands in western Canada to an Alberta-based oil and gas exploration and production company (the "Sale". QXP.VN: 0.085 (+0.015)
Quattro Files Annual Financial Statements
GlobeNewswire - Wed Jun 01, 9:04PM CDT
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company"
reports the release of its financial results for year-ended December 31, 2015, reporting a CDN $0.08 per share loss due to a number of non-reoccurring charges totaling $4,488,200 while increasing reserves on a 2P basis by 166% at a cost of $4.80 per boe. QXP.VN: 0.085 (+0.015)
Quattro Exploration and Production Ltd. Provides Update RE Annual Financial Statement Filings
GlobeNewswire - Tue May 24, 12:37PM CDT
Quattro Exploration and Production Ltd. (the "Corporation"
(TSXV:QXP) provides an update regarding the filing of its financial statements and corresponding management discussion and analysis for the year ended December 31, 2015 (the "Financial Statements". As noted in the Company's press release dated May 4, 2016, the Company was unable to file the Financial Statements prior to the filing deadline of April 29, 2016 and at the request of the Company, Management Cease Trade Orders applicable to Leonard Van Betuw, President and Chief Executive Officer of the Company, Stacey LePla-Martin, Chief Financial Officer of the Company, and the Company's directors were issued by applicable securities commissions in accordance National Policy 12-203. As noted previously, Quattro was unable to file the Financial Statements prior to the aforementioned filing deadline due to the fact that it had experienced delays in the receipt of its 2015 reserves evaluation from its independent reserves evaluator and the need for additional accounting information related to the acquisition of Quattro (SRD) Innovations Inc. (the wholly owned subsidiary of the Corporation) which occurred in December 2015. QXP.VN: 0.085 (+0.015)
Quattro Exploration and Production Ltd. Announces Year Over Year Increase in Reserves of 150% and Delays Filing Year-End 2015 Financials
GlobeNewswire - Mon May 02, 6:39PM CDT
Quattro Exploration and Production Ltd. (the "Corporation"
(TSXV:QXP) is pleased to announce that at year-end 2015 the Company's total proven reserves increased by 150% (TP) compared to year-end 2014 to 6.602 million boe, while Proven Plus Probable Reserves (2P) were 10.977 million boe equating to a year over year increase of 166%, having a Reserve Life Index (RLI) of 15.89 years. QXP.VN: 0.085 (+0.015)
Quattro Increases Estimated Recoverable Resources in Saskatchewan to 18 Million Barrels From 120 Million Barrels of Original Oil in Place (OOIP) ** and Receives Proposal for a Term Loan of $20 Million
GlobeNewswire - Tue Feb 02, 5:00AM CST
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company"
is pleased to announce an increase in its recoverable reserves in Saskatchewan to 18 million barrels of oil from an estimated 120 million barrels of original oil in place (OOIP)**. QXP.VN: 0.085 (+0.015)
Touchstone Announces Kerrobert Saskatchewan Disposition
Marketwired - Wed Jan 20, 6:01AM CST
Touchstone Exploration Inc. ("Touchstone" or the "Company"
(TSX: TXP) announces that it has entered into an agreement to dispose of its Kerrobert, Saskatchewan facility, infrastructure and the associated PNG rights to Quattro Exploration and Production Ltd. ("Quattro" (TSX VENTURE: QXP) for total consideration of $4,150,000. The consideration includes $650,000 in cash and $3,500,000 in securities through the issuance of 35,000 non-voting Quattro Class "C", Series 3 preferred shares. The preferred shares have a face value of $100 per share and pay an annual preferred dividend of $3.50 per share. The cash consideration consists of $100,000 to be paid upon signing of the Purchase and Sale Agreement with the balance payable no later than February 15, 2016. Non-payment of the final cash installment will result in Quattro forfeiting the initial cash deposit. The disposition is effective December 31, 2015 and is expected to close on or before February 15, 2016, subject to satisfaction of closing conditions customary in transactions of this nature. QXP.VN: 0.085 (+0.015), TXP.TO: 0.21 (unch)
Quattro Closes SRD Innovations Inc. Purchase
GlobeNewswire - Thu Dec 31, 8:41AM CST
Quattro Exploration and Production Ltd. (TSXV:QXP) ("Quattro" or the "Company"
is pleased to announce that it has closed its previously announced purchase of all the shares of SRD Innovations Inc. ("SRD", an Alberta-based wireless technology company focused on the collection of real-time seismic imaging for exploration, reservoir engineering and micro-seismic monitoring and the analysis of hydraulic fracking, including all contracts, licensing revenues, patents, technologies, and ongoing research. QXP.VN: 0.085 (+0.015)
IIROC Trade Halt - Quattro Exploration and Production Ltd.
Newsfile Corp - Mon Nov 30, 11:03AM CST
The following issues have been halted by IIROC:
Quattro Agrees to Purchase SRD Innovations Inc. for $3,500,800 Through the Issuance of Preferred Class C Shares
GlobeNewswire - Mon Nov 30, 5:00AM CST
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company"
is pleased to announce that it has signed a binding Letter of Intent to purchase all the shares of SRD Innovations Inc. ("SRD", an Alberta-based wireless technology company focused on the collection of real-time seismic imaging for exploration, reservoir engineering, and micro-seismic for hydraulic fracture monitoring, mapping and analysis, including all contracts, licensing revenues, patents, technologies, and ongoing research. QXP.VN: 0.085 (+0.015)
Quattro Releases 3rd Quarter Financials Reporting Net Earnings of $0.01 Per Share
GlobeNewswire - Thu Nov 26, 8:00AM CST
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company"
is pleased to announce the filing of its third quarter 2015 financial statements, reporting net earnings of CDN $0.01 per share. QXP.VN: 0.085 (+0.015)
Quattro Agrees to Purchase 444,300 BOE of Oil, Natural Gas and Liquids for $1,944,180
GlobeNewswire - Wed Nov 04, 7:07PM CST
Quattro Exploration And Production Ltd. (TSXV:QXP) ("Quattro" or the "Company"
is pleased to announce that it has signed a binding agreement to purchase oil and gas production, facilities and lands in British Columbia from an Alberta-based private oil and gas exploration and production company (the "Acquisition". QXP.VN: 0.085 (+0.015)
Quattro Announces Normal Course Issuer Bid and Provides Update
GlobeNewswire - Mon Oct 26, 3:00AM CDT
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company"
a tier one TSX 50 Venture Company, is pleased to announce their intention to commence a Normal Course Issuer Bid ("The Bid", pursuant to the acceptance of the TSX Venture Exchange. QXP.VN: 0.085 (+0.015)
Quattro Signs Agreement to Increase Working Capital by $4,000,000 and Confirms a Capital Budget of $12,800,000 in 2016
GlobeNewswire - Mon Sep 14, 6:50AM CDT
Quattro Exploration and Production Ltd. ("Quattro" or the "Company"
(TSX-V:QXP) is pleased to announce the signing of an agreement to increase working capital by $4,000,000. The increase in working capital shall be derived through an increase in the Company's long term debt from $6,264,500 to $10,000,000 and a reduction in repayment terms to reflect the increased production and reserve life of the Company over the past 2 years. QXP.VN: 0.085 (+0.015)
Quattro Increases Reserves by 120% in the Six Months Ending June 30th, 2015 and Provides Update
GlobeNewswire - Wed Jul 15, 2:42PM CDT
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company"
is pleased to report an increase in reserves to 8.025 million boe as of June 30, 2015, including the closing of all previously announced Acquisitions. QXP.VN: 0.085 (+0.015)
Quattro Agrees to Purchase 1.288 Million BOE of Oil, Natural Gas and Liquids in British Columbia
GlobeNewswire - Thu Jun 18, 8:43PM CDT
Quattro Exploration And Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company"
is pleased to announce that it has signed a binding Letter of Intent to purchase oil and gas production, facilities and lands from an Alberta-based private oil and gas exploration and production company. The purchase price for the acquisition is $5,182,630 to be paid through the issuance of equity and the assumption of decommissioning liabilities. The properties are located in northeast British Columbia in the vicinity of Quattro's current operated production at Oak in the Fort St. John region (the "Properties". Closing of the purchase of the Properties is scheduled for June 30, 2015 and is subject to a number of customary conditions including, but not limited to, due diligence and approval of the TSX Venture Exchange. The effective date is June 1, 2015 with the equity portion being funded through the issuance of 15,000 non-voting Class C Preferred Shares, Series II ("Preferred Shares". QXP.VN: 0.085 (+0.015)
Quattro Commences Trading and Provides Corporate Update Confirming an Additional 200 boe Per Day of Production
GlobeNewswire - Mon Jun 15, 2:59AM CDT
Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company"
is pleased to report the resumption of trading of its common shares on the TSX Venture Exchange under the trading symbol "QXP" and the successful addition of 200 boe per day at Milo Clarke Lake, in North East British Columbia. Quattro focused in the first quarter of 2015 on the remediation, equipping of 3 wells in the region and a re-entry program at Muskwa, a well that had been producing from a Keg River reef that was suspended by the previous operator. QXP.VN: 0.085 (+0.015)
