Uriel Gas Holdings Corp. Aims to Finalize Annual Filings Soon
Uriel Gas Holdings Corp. Announces Filing Delay
Uriel Gas Holdings Corp. is currently facing a delay in submitting their audited annual financial statements, along with the management discussion and analysis documents. These filings, essential for transparency and compliance, are collectively referred to as the Annual Filings.
Reason for Filing Delay
The delay stems from unexpected circumstances that have arisen, impacting the company's timeline. Uriel is actively collaborating with its accounting team to ensure that these Audited Financial Statements are prepared correctly. The current plan is to finalize these documents within a month to comply with regulatory responsibilities.
Overview of Uriel Gas Holdings Corp.
Uriel is dedicated to growth within the oil and gas sector, focusing on the exploration, development, and production of natural resources. Their operations are mainly centered in the Western Canadian Sedimentary Basin, a robust area for oil and gas activities. One of Uriel's noteworthy projects is the Richdale Property, where they hold a 5% operated working interest. This property spans approximately 5,867 acres, positioned strategically for development about 100 miles northeast of Calgary.
The company aims to enhance recovery from under-developed hydrocarbon pools that exhibit promising economic potential. By doing so, Uriel is not only intent on maximizing value from its assets but also prioritizes creating sustainable returns for its shareholders while upholding safety standards for both workers and local communities.
Management and Contact Details
Daniel Custock currently serves as the Director and Interim CEO of Uriel Gas. For inquiries or to learn more about the company's operations, you can reach out to him directly at 604-315-2534 or via email.
Uriel's Commitment to Transparency
Uriel Gas Holdings Corp. values transparency and open communication, which is crucial in the energy sector. Although the Canadian Securities Exchange and its Regulation Services Provider are not responsible for the contents of this announcement, Uriel aims to provide shareholders and the public with insightful updates regarding their operational progress.
Frequently Asked Questions
What led to the delay in Uriel Gas's annual filings?
The company experienced unexpected delays affecting their timeline for preparing the financial statements.
How long is Uriel Gas expecting to take to finalize the filings?
Uriel aims to complete the annual filings within 30 days.
Where does Uriel Gas operate?
Uriel operates primarily in the Western Canadian Sedimentary Basin, focusing on oil and gas exploration and production.
What is Uriel's working interest in the Richdale Property?
Uriel holds a 5% operated working interest in the Richdale Property.
Who is the current contact for Uriel Gas Holdings Corp.?
Daniel Custock is the Director and Interim CEO, and can be contacted at 604-315-2534 or via email.
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