Press releases

1 TCF (thousand billion cubic feet) of wet natural gas in a conventional reservoir at Bourque (Quebec)

Press release - Rimouski, April 10th, 2013: Pétrolia (PEA-TSXV) is pleased to disclose the results of a resource evaluation carried out by Sproule Associates Limited (Sproule) which estimates more than 1 Tcf (one thousand billion cubic feet) the volume initially-in-place of wet natural gas of four prospects within the Bourque project.

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Important quantities of hydrocarbons trapped in a reservoir in Bourque 1

Press release - Rimouski, January 30, 2013 : Pétrolia (PEA-TSXV) confirms that the results of analysis on the well Bourque 1, drilled in the summer 2012, reveal the presence of a reservoir containing important quantities of hydrocarbons (oil, condensates and natural gas). 

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Bourque 2 well reveals two reservoir zones and the presence of condensates

Press release - Rimouski, December 19, 2012: Pétrolia (PEA-TSXV) announces that the drilling of the Bourque 2 well has been completed.

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Pétrolia announces $3 million financing

Press release - Rimouski, Decembre 10th, 2012 : Pétrolia (PEA-TSXV) announces that it has entered into a engagement letter with Marquest Capital Markets, as co-lead agent with Casimir Capital Ltd. (the “Agents”), for a private placement of up to 2,500,000 “flow-through” shares (the “Flow-Through Shares”) at a price of $1.20 per share, for maximum gross proceeds of up to $3,000,000 (the “Private Placement”).

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Bourque 1 generates direct economic spinoffs of $2.6 million in Quebec

Press release - Pétrolia (PEA-TSXV) is pleased to announce that between mid-July and mid-October, the Bourque 1 drilling operation contributed $2.6 million to the Quebec economy. 

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Spudding Bourque 2

Press release - Rimouski, November 2,2012: Pétrolia (PEA-TSXV) announces that well Bourque 2 was spudded on October 31st, 2012.

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Hydrocarbons over a 1,850 m interval in Bourque No. 1 well

Press release - Rimouski, October31st, 2012: Pétrolia (PEA-TSXV) announces that drilling at Bourque No. 1 well isnow complete. 

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Pétrolia supports the objective of responsible oil production in Quebec

Press release - Pétrolia (PEA-TSXV) is pleased with the position expressed by Ministère des Ressources naturelles et de la Faune (MRNF) with regard to the advantages of producing our own oil resources rather than importing oil. 

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Status of exploration activities underway in the Gaspé Peninsula and on Anticosti Island

Press release - Pétrolia (PEA-TSXV) would like to issue a progress report on its activities currently underway in the Gaspé Pensinsula and on Anticosti Island.

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First financial analysis report by Valeurs mobilières Banque Laurentienne on Pétrolia

Press release - Pétrolia (PEA-TSXV) is glad to highlight the decision by Valeurs mobilières Banque Laurentienne to initiate coverage of Pétrolia's title.

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Bourque N° 1 well begins

Press release - Pétrolia (PEA - TSXV) announces that, in accordance with its business plan, drilling operations have started on well Bourque N° 1.

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Pétrolia mobilizes a drill for its 2012 campaign

Press release - Pétrolia (PEA-TSXV) Petrolia has confirmed that it has retained the services of Precision Drilling to drill three wells in Gaspésie.

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Pétrolia obtains two new drilling permits in Gaspesia

Press release - Pétrolia (PEA-TSXV) announces it just obtained from the Ministry of Natural Resources and Wildlife two new drilling permits in Gaspesia.

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Pétrolia announces $15 million financing

Press release - Pétrolia (PEA-V) (the “Company”) announces that it has reached an agreement with Investissement Québec under which it will purchase 7,042,254 units (“Units”) of the Company at $1.42 per Unit (the “Issue Price”) for total gross proceeds of $10,000,000 (the “Investissement Québec Private Placement”).

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Pétrolia pursues its activities according to plan

Press release - The drafting of the final agreement with Investcan Energy continues in keeping with the principles contained in the June 29, 2010 agreement.

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Petrolia Reveals Its Partner's Name

Press release -

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Petrolia Signs a $20 Million Farmout Agreement

Press release - Petrolia (PEA-TSX) is pleased to announce the signing of a farmout agreement in the amount of 20 million dollars with an Oil Company

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