365 Bloor Street East, Toronto, Ontario, M4W 3L4. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. if we've collected "Sales Lead Information" for a given company, it will be displayed on the Map of Wells Associated with Petroshale (Us) Inc. Production By Month For Petroshale (Us) Inc. Petroshale (Us) Inc. Production By County. PetroShale is an oil company engaged in the acquisition, development and consolidation of interests in the North Dakota Bakken / Three Forks. To get full access now. 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. More than 2,500 Subscribers rely on our data each day. McGregor, ND 58755 . Corpus Christi, TX 78401 Suite 324 Shale Experts is a Members ONLY resource. Calgary ND T2P 3N9. Register now for Canadas Top Public Venture Capitalist Contest: https://v50.stocktrak.com/members/register. Share your thoughts and join the conversation in the comments. Lucero is committed to upholding the highest standard of corporate responsibility. (3) Assumes a foreign exchange rate of US$1.00 = CDN$1.2529. currently ranked #22 in the state of North Dakota based on a total production Petro-Hunt has active operations in eight counties in North Dakota and four in Montana. CALGARY, AB, May 24, 2022 /CNW/ - Lucero Energy Corp. (" Lucero " or the " Company ") (formerly PetroShale Inc.) (TSXV: PSH) (OTCQB: PSHIF) is pleased to announce that it has completed the. While we are constantly updating and improving our datasets and product, we do not guarantee that the results and coverage provided are 100% complete and up to date. 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. Killdeer, ND 58640 Henry Hill's water solutions are designed with you in mind. Lucero Energy Corp. | LinkedIn We are a pure-play North Dakota Bakken producer focused on top-tier acreage quality. Petroshale (us) Inc. Dallas, TX 75201 PetroShale and the New Management Team believe that "cash flow" is a useful measure for demonstrating the potential cash flow generation of PetroShale's assets and is calculated as an estimate by PetroShale of PetroShale's cash provided by operating activities prior to finance expense and change in non-cash working capital. We are a pure-play North Dakota Bakken producer . DENVER , The term "boe" or barrels of oil equivalent may be misleading, particularly if used in isolation. To the extent any guidance or forward looking statements herein constitute a financial outlook or future oriented financial information ("FOFI"), including PetroShale's potential cash flow in 2022 and net debt at the end of 2022, they are made as of the date hereof and included herein to provide prospective investors with an understanding the plans and assumptions for budgeting purposes and prospective investors are cautioned that the information may not be appropriate for other purposes. The New Management Team has a strong track record of disciplined operating and consolidating success in the Williston Basin, where PetroShale's existing asset base is located (within the prolific North Dakota Bakken). and 6,592 MCF of gas, More particularly, this press release contains forward-looking statements concerning: the number, the price and the type of securities to be issued by PetroShale pursuant to the Private Placements; the aggregate proceeds from the proposed Private Placements and the anticipated use of proceeds therefrom; PetroShale's estimates of year end net debt, including following the Private Placements; estimated cash flow from PetroShale's assets; the new and existing directors of the PetroShale Board and members of the New Management Team following completion of the Private Placements; PetroShale's future production estimates; the manner in which the 2022 capital budget will be spent, including the types of capital expenditures; the ability of incoming New Management Team to repeat its financial and operational success through on completion of the Private Placements; the business plan of PetroShale following the completion of the Private Placements; the expectations relating to business advantages and opportunities in the oil and gas industry given current market conditions; expectations as to the corporate decline rate and capital efficiency; the expectation that the name of the Company will be changed following completion of the Private Placements. Mr. Tang has over 17 years of oil and gas experience in various financial and compliance related roles, most recently as the VP & Controller of TORC Oil & Gas Ltd. North Dakota (US) Branch Branch of PETROSHALE (US) PRODUCTION LLC (Delaware (US)) . House Bill 1540 will have a positive impact on thousands of . Burgum signed a bill Monday, April 24, 2023, that limits access to bathrooms, locker rooms and shower rooms for transgender and gender-nonconforming people in several state facilities. The agreement will give Petroshale the ownership of assets including existing light oil production, as well as 3 drilling units. (BOE) reported during the month Suite 2550S Prior thereto, Mr. Skehar was the President & Chief Operating Officer of Bonavista and its predecessor, Bonavista Energy Trust. 4561 106th Ave. NW CO . Our new management team has a strong track record of disciplined operating and consolidating success in the Williston Basin. Lucero Energy Corp. - Positioning For Long-Term Sustainability Youre invited to participate in a stock trading simulation contest featuring this years top 50 performing public venture companies on TSX Venture Exchange. Find production data for each well rolled up by owning operator. PetroShale's 2022 capital budget is specifically focused on: Investing in higher rate of return, lower risk light oil opportunities across the Company's high quality, low risk development. The 2022 TSX Venture 50 is a ranking of top performers on TSX Venture Exchange over the last year. Contest trading begins at 9:30 a.m. Mr. Skehar has extensive oil and gas experience in leadership and operational roles, most recently as the President & CEO of Bonavista Energy Corporation ("Bonavista"). Reporting Year From: 2020-01-01. With the resulting financial returns enhanced by increasingly positive market conditions, the New Management Team is excited to implement a proven disciplined strategy of acquiring and exploiting assets. Dunn By combining unique design features in our Class II salt water disposal wells with efficient gathering systems and managing those systems with state of art SCADA software, Henry Hill Oil can reduce the cost of salt water disposal, reduce wear on well pads, and help position our partners to handle their salt water disposal needs for . PDF Petroshale Inc. Announces 2021 Fourth Quarter and Year-end Financial Completion of the Private Placements, is subject to certain conditions, including the approval of the TSXV, and is expected to occur on or about February 2, 2022 assuming all conditions have been met by such day. Join MineralAnswers.com for Production Access, Liberty Resources Management Company, LLC. We are a pure-play North Dakota Bakken producer focused on top-tier acreage quality. Dickinson Police Department mourns loss of veteran officer Plaintiff: Petroshale (US), Inc. PetroShale announces the initial results from its first four test wells in the Mondak field of the Williston Bakken operated by Slawson Exploration. 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. 99/month for 3 months SUBSCRIBE NOW Show Search. At current commodity prices, the recapitalized entity is expected to generate greater than $130 million of cash flow in 2022, and combined with the Private Placement proceeds, net debt is expected to be less than $82 million (or 0.6 times net debt/cash flow) at the end of 2022. Unlimited online access to articles from across Canada with one account. PDF North Dakota Industrial Commission Permits Approved: Location Outside PetroShale has built a sustainable growth platform of light oil focused assets. (jb) BISMARCK, N.D. - Gov. 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. 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 of 21,295,076 barrel of oil equivalent Bear Den - Petroshale Oil and Gas Asset (North Dakota, United States "This is a historic day for North Dakota children, parents and employers. With the Bizapedia Pro Search service you will get unlimited searches via our various search forms, Ambrose, ND 58833 PetroShale Inc. has reported an update on its growth strategy and operations. PetroShale Announces Strategic Asset Acquisition in North Dakota if the company chooses to hide the private information on their profile from the general public. Create an account or sign in to continue with your reading experience. The acquisition is in line with PetroShale's strategy of acquiring and developing lands in North Dakota Bakken . 80203-1262, Petroshale (us) Inc. PetroShale Inc. is pleased to announce that it has finalized an agreement to acquire an 18.75% Working Interest in a proposed drilling unit in McKenzie County, North Dakota, for a total purchase . 197.8 k Barrels of Oil Produced in Feb 2023. In addition, PetroShale has the following key operational and financial attributes: 2022E Average: 10,500 11,000 boepd (85% light oil and liquids), 2022E Exit: 11,000 boepd (85% light oil and liquids), Approximately 72 MMboe (87% light oil and liquids), Corporate production decline: 30% (2022E), Capital Efficiency(2),(3): $17,000/boepd (IP 365), $134 million ($82 million pro forma the Private Placements), 521 million (657 million pro forma the Private Placements). Check back regularly to keep up to date on drilling to maintain the 'DrillingEdge'. Due to strong demand, PetroShale agreed to increase the size of the Brokered Private Placement from its initial target of $30 million. It is anticipated that additional directors will be appointed at the next shareholder meeting of the Company. Petroshale Us in McKenzie County, ND | Oil & Gas Production and Well He was the President and Chief Executive Officer overseeing the operations of Baytex, growing production to over 40,000 boe/d. The agreement will give Petroshale the ownership of assets including existing light oil production, as well as 3 drilling units. of 6,592 BBLs oil of 02-01-2023. Petroshale Profile and History. We are a pure-play North Dakota Bakken producer focused on top-tier acreage quality. The ranking is composed of 10 companies from each of the five industry sectors, and they were selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume. . Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, PetroShale's 2022 capital budget is specifically focused on: PetroShale's capital program in 2022 is focused on light oil development projects, with the majority of the capital directed to drilling, completions and tie-ins (greater than 85%) with the remainder allocated to operational and facility optimization to maximize production efficiency. Doug Burgum, members of the 68 th Legislative Assembly and State Tax Commissioner Brian Kroshus today celebrated the signing of a major tax relief package that will provide a combined $515 million in savings for payers of state individual income tax and local property tax over the next two years.. Burgum signed House Bill 1158 with Rep. Craig Headland, the bill's . To: 2020-12-31. Fax: 701-863-6999, 10060 81st St. NW Petroshale Inc. Announces First Quarter 2022 Financial & Operating Results Billings Petro-Hunt has active operation in Louisiana and Texas, Petro-Hunt has active operations in 4 counties in West Texas, Operates 775 wells in the Williston Basin, Non-Operated Working Interest partner in 8,200 wells, Non-Operated Working Interest partner in 1,400 wells, Operates 105 wells in West Texas in the Delaware Basin. 2022 CAPITAL BUDGET AND PRODUCTION GUIDANCE. These are the closest 20 properties to the Petroshale Us property. Petroshale: Junior Oil Play With Big Potential - SeekingAlpha Prior thereto, Mr. Tang was the Manager of Financial Reporting of Result Energy Inc. and TriStar Oil & Gas Ltd. Mr. Brown has significant geological oil and gas experience, particularly in the Williston Basin, and most recently was the VP Geosciences at TORC Oil & Gas Ltd. . We apologize, but this video has failed to load. 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. PDF North Dakota Industrial Commission Date: December 8, 2020 Daily Report Suite 301 Defendant: Continental Resources, Inc. Case Number: 1:2017cv00217: Filed: October 11, 2017: Court: US District Court for the District . is comprised solely of the family-owned entities headquartered in Dallas, Texas, as described herein, including Petro-Hunt, L.L.C. PetroShale believes that "net debt" is a useful measure to assist investors in understanding liquidity at a specific point in time and is calculated as an estimate by PetroShale of PetroShale's total current assets less total current liabilities (excluding financial derivative liability), less senior credit facility. Law360 (April 20, 2023, 1:23 PM EDT) -- A North Dakota energy company asked a federal judge to toss an amended complaint brought by a rival oil and gas developer over drilling rights, saying the . Fax: 406-774-3117, County Rd. These are the closest 14 companies operating near the Petroshale Us property. Lambert, MT 59243 NDIC means the North Dakota Industrial Commission. PetroShale Inc. announces appointment of new management team, board PetroShale also announced an oversubscribed $54.5 million equity financing designed to recapitalize the company, their 2022 capital budget and production guidance, along with a proposed name change to Lucero Energy Corp. To learn more about PetroShale Inc.s unique investment proposition, visit their website here. The company has an estimated daily production are no permits filed with the state TORC grew from nil production to more than 28,000 Boepd through the successful execution of several strategic acquisitions, combined with a low risk development drilling and exploitation program that advanced the prolific Bakken resource play in the southeast Saskatchewan region of the Williston Basin. Please Upgrade it take less then a minute. These four horizontal test wells in the 40,000-acre Mondak play are noteworthy for having been drilled and. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300 With a new management team on board and a strong vision in place, PetroShale Inc. (TSXV:PSH) has been recognized as one of this year's TSX Venture 50 winners. Sign up for our newsletter to stay up to date with latest news in the oil & gas industry. Burgum, Tax Commissioner and Legislative Assembly Celebrate Signing of oasis petroleum north america llc dahl w federal 5301 13- . Lucero is a pure-play North Dakota Bakken / Three Forks producer focused on top-tier acreage quality, and targeting the acquisition, development and production of oil and natural gas assets. North Dakota Office of the State Tax Commissioner $ 8,074,587 $ 8,074,587 . * Earnings dates may be subject to change. "Net debt/cash flow" is calculated based on estimates by PetroShale of PetroShale's ratio of net debt to cash flow. Shale Experts is the only tool you will need to track,predict and analyze US & Canada activities. 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. Henry Hill Oil Services - Supporting the oil well infrastructure across Subscribe now to read the latest news in your city and across Canada. ever been included, affiliated or connected in any way with or had any joint or common business enterprises or dealings of any kind with Petro-Hunt, Inc., a Kentucky corporation, its president J. In connection with the appointment of the New Management Team, PetroShale intends to complete (i) a non-brokered private placement of units of PetroShale (the "Units") with the New Management Team for gross proceeds of $9.5 million (the "Non-Brokered Private Placement"), and (ii) a brokered commercially reasonable efforts private placement of common shares of PetroShale ("Common Shares") for gross proceeds of up to $45.0 million (the "Brokered Private Placement"), and combined with the Non-Brokered Private Placement (the "Private Placements"), gross proceeds of up to $54.5 million will be raised. [1] North Dakota limits bathroom use for transgender people Salary/Position Classification $55,000 Annual, Exempt 40 hours per week 100% Remote Work Availability:Yes Hybrid Work Availability:Yes Purpose of Position The Research Data Analyst is primarily responsible for producing regular reports for internal and external constituents, fulfilling ad hoc data requests, and making regularly requested data available to end users on demand through . When typing in this field, a list of search results will appear and be automatically updated as you type. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the p olicies of the TSX Venture Exchange) accepts responsibility for the adequacy or . Support local journalists and the next generation of journalists. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.