. CO . Lists Featuring This Company Canada Energy Companies ET on Thursday, April 28, 2022. Billings petroshale inc petroshale inc petroshale shale inc petroshale us inc petroshale ( us) inc Petroshale Global Presence Search All Employees Petroshale CEO Brett Herman Director, President & Chief Executive Officer Phone Email See Profile Divide Petro-Hunt has active operations in eight counties in North Dakota and four in Montana. For further information: Brett Herman, President and Chief Executive Officer, PetroShale Inc., Telephone: (825) 509-4480, Email: info@petroshaleinc.com; Marvin Tang, Vice President, Finance and. In addition, the use of any of the words "guidance", "initial, "scheduled", "can", "will", "prior to", "estimate", "anticipate", "believe", "should", "forecast", "future", "continue", "may", "expect", and similar expressions are intended to identify forward-looking statements. Fax: 303-295-10592, 12801 County Rd. of 02-01-2023. Corpus Christi, TX 78401 Free and open company data on North Dakota (US) company PETROSHALE (US) PRODUCTION LLC (company number 0000091959), 1801 BROADWAY STE 920 DENVER, CO 80202-3805 . h & p 515 petro-hunt dakota, llc hot rod 149-102-27c-26-3h nw sw 27 149n 102w mckenzie 39294 3305309936 12/02/2022 This page was last edited on 7 October 2021, at 20:58. https://www.gem.wiki/w/index.php?title=Bear_Den_-_Petroshale_Oil_and_Gas_Asset_(North_Dakota,_United_States)&oldid=269511, Oil and gas extraction in the United States, Creative Commons Attribution-NonCommercial-ShareAlike. All securities issued in connection with the Private Placements will be subject to a Canadian statutory hold period of four months plus one day from the respective date of closing. 2022 CAPITAL BUDGET AND PRODUCTION GUIDANCE. Tel: 701-982-3351, 390 119th Ave. SW (3) Assumes a foreign exchange rate of US$1.00 = CDN$1.2529. * Earnings dates may be subject to change. New Town, ND 58763 PetroShale announces the initial results from its first four test wells in the Mondak field of the Williston Bakken operated by Slawson Exploration. These are the closest 20 properties to the Petroshale Us property. If you are a Home delivery print subscriber, unlimited online access is. Prior thereto, Mr. Skehar was the President & Chief Operating Officer of Bonavista and its predecessor, Bonavista Energy Trust. Reporting Entity Name Currency of the Report Reporting Entity ESTMA Peters & Co. Limited is acting as exclusive financial advisor to the New Management Team. Wells Associated With Petroshale (Us) Inc. Other North Dakota Operators List Alphabetically. Register now for Canadas Top Public Venture Capitalist Contest: https://v50.stocktrak.com/members/register. Subscribe now to receive immediate access to. Burke Website http://www.lucerocorp.com/ Industries Oil and Gas Company size 11-50 employees Headquarters Denver,. If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. Lucero (or PetroShale (US) Inc.) provides exposure to a focused land base within the core of the Bakken, which offers significant multi-zone oil development opportunities. It is anticipated that the shareholders of PetroShale will be asked to approve a change of the Company's name to "Lucero Energy Corp." at the next annual general meeting of shareholders. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. BISMARCK, N.D. - Gov. In 2003, Baytex was reorganized into Baytex Energy Corp. and Crew Energy Inc. Mr. Shwed served on the Board of Directors of TORC Oil & Gas Ltd. from 2012 to 2021, and is currently on the Board of Directors of Inplay Oil Corp. CALGARY, AB - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQB: PSHIF) is pleased to announce the appointment of a new management team (the "New Management Team") led by Brett Herman as President & Chief Executive Officer, Jason Skehar as Chief Operating Officer, Marvin Tang as Vice President, Finance & Chief Financial Officer, PetroShale Incorporation has signed a $55 million deal to buy assets in North Dakota Bakken region. Strategy to acquire and develop tier one leases in the core of the prolific Williston Basin, where the Bakken / Three Forks resource is the most intense with stacked pay zones, offering compelling economic returns. Reporting Year From: 2020-01-01. Due to strong demand, PetroShale agreed to increase the size of the Brokered Private Placement from its initial target of $30 million. More than 2,500 Subscribers rely on our data each day. PetroShale is a growing oil company engaged in the acquisition, development and consolidation of interests in the North Dakota Bakken / Three Forks. (2) Capital efficiency is a measure of forecast capital expenditures divided by forecast production additions. McGregor, ND 58755 U.S. Army Corps of Engineers St. Paul District Public Affairs Office 332 Minnesota St., Suite E1500 St. Paul, MN 55101 Phone: (651) 290-5807 Fax: (651) 290-5752 To: 2020-12-31. Your entire office will be able to use your search subscription. Tel: 701-863-6500 This story was provided by a client for commercial purposes. Fax: 701-546-4646, Topics/Category*QuestionsCommentsRoyalty Owner QuestionsOther, McKenzie Subscribe now to read the latest news in your city and across Canada. These four horizontal test wells in the 40,000-acre Mondak play are noteworthy for having been drilled and. The agreement will give Petroshale the ownership of assets including existing light oil production, as well as 3 drilling units. ALL DOLLAR AMOUNTS IN THIS NEWS RELEASE ARE STATED IN CANADIAN DOLLARS UNLESS OTHERWISE NOTED./. Please Upgrade it take less then a minute. Unauthorized distribution, transmission or republication strictly prohibited. With the strong performance of the Company's underlying production base, PetroShale anticipates that the US$45 million (CDN$57 million) 2022 capital budget will result in 2022 average production between 10,500-11,000 boepd (85% light oil & natural gas liquids) and exit guidance of 11,000 boepd (85% light oil and natural gas liquids) while improving the production decline profile below 25% by year end. In its most recent press release in January, the company announced that they expanded the PetroShale Board with a solid track record of building, financing and directing oil and gas companies and bringing a wide range of experience, knowledge and innovation to the recapitalized entity. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. Canadas Top Public Venture Capitalist 2022. The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. He was the President and Chief Executive Officer overseeing the operations of Baytex, growing production to over 40,000 boe/d. ET on Thursday, March 3, 2022 and ends at 4 p.m. Tel: 701-675-2467 The acquisition is in line with PetroShales strategy of acquiring and developing lands in North Dakota Bakken region to benefit its shareholders through production and reserve growth. Shale Experts is the only tool you will need to track,predict and analyze US & Canada activities. The Private Placements are not expected to materially affect control of PetroShale nor create a new control person of the Company. In January, 2022, we announced a new management team and board member, and an oversubscribed $54.5 million equity financing designed to recapitalize the Company. A major drilling operator has reportedly saved C$130k and avoided multiple trips per sect EPC giant, TechnipFMC has landed subsea contracts for Anadarkos Mozambique LNG Project. Mr. Skehar has extensive oil and gas experience in leadership and operational roles, most recently as the President & CEO of Bonavista Energy Corporation ("Bonavista"). Bear Den - Petroshale Asset is an operating oil and gas asset in the state of North Dakota in the United States. 1801 BROADWAY STE 920 DENVER, CO 80202-3805 Mailing Address. Fax: 701-258-1562, 600 17th St. 303 E 17th Ave Ste 940 PetroShale Inc. CAD. North Dakota owned by Petroshale Inc USand Oasis Petro North America LLC. Burnet, Duckworth and Palmer LLP is acting as counsel to PetroShale, and McCarthy TtraultLLP is acting as counsel to the syndicate of agents led by Peters & Co. Limited in respect of the Brokered Private Placement. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, if we've collected "Sales Lead Information" for a given company, it will be displayed on the Petroshale (US), Inc. v. Continental Resources, Inc. (1:17-cv-00217), North Dakota District Court, Filed: 10/11/2017 - PacerMonitor Mobile Federal and Bankruptcy Court PACER Dockets. Track new and recompletion permits by: well name, class, (Oil, Gas, etc) county, state, operator, permit date and, status, API, lease information, and legal description, Rig Locations Map / Database: Updated Weekly, Search and view rig locations by: operator, well name, county, state, and wellbore type, Search for the number of wells planned to drill / complete, rigs, lateral lengths, and frac stages. PetroShale is an oil company engaged in the acquisition, development and production of high-quality oil-weighted assets in the North Dakota Bakken / Three Forks. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. PetroShale achieved several strategic operational objectives through the execution of the ompany's $63 million capital expenditure1 program in 2021, including efficiently executing on 6 (4.95 net) operated wells and maximizing free cash flow1 from the ompany's high quality assets focused in the North Dakota Bakken and Three Forks play. This advertisement has not loaded yet, but your article continues below. For further information: Brett Herman, President and Chief Executive Officer, PetroShale Inc., Telephone: 403-266-1717; Marvin Tang, Vice President Finance and Chief Financial Officer, PetroShale Inc., Telephone: 403-266-1717. This press release contains the terms "net debt", "cash flow" and "net debt/cash flow" which do not have standardized meanings prescribed by International Financial Reporting Standards and therefore may not be comparable with the calculation of similar measures by other companies. North Dakota; McKenzie County, ND; Oil & Gas Properties in McKenzie County, ND; Petroshale Us Oil & Gas Property; Map of Wells Full Screen Map 3-D Map . Oil & Gas Property in McKenzie County, ND, Our Valuation Estimates for Petroshale Us, * Assessment based on future expected revenue ** Based on a 36 month multiple of average monthly estimated revenue. (1) All reserves information in this press release are gross reserves. Calgary ND T2P 3N9. 303 E 17th Ave Ste 940 80203-1262, Petroshale (us) Inc. Each registrant will be provided an initial balance of $50,000 of virtual cash in their contest portfolio account (no actual money will be involved) and asked to build a portfolio based on this years TSX Venture 50. Henry Hill's water solutions are designed with you in mind. Tel: 303-382-1914 FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. Previously, Mr. Manchester was the Vice President, Operations of Vero Energy Inc., and prior thereto, the Production & Engineering Manager of True Energy Inc. Mr. Shwed is currently the President and Chief Executive Officer of Crew Energy Inc. Mr. Shwed graduated from the University of Alberta with a Bachelor of Science degree in Geology in 1980, and has held positions of increasing responsibility with various exploration and production companies before founding Baytex Energy Ltd. ("Baytex") in 1993. Continued aggressive acquisition strategy in North Dakota, closing three separate transactions.

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