Press release - Rimouski, September 21, 2011 - Pétrolia (PEA – TSXV) has announced that it will soon begin field work for the preliminary evaluation prior to putting the Haldimand deposit into production. With this goal it obtained the well modification and completion licences required to carry out the preparatory work for developing the Haldimand No. 1 and Tar Point wells, from the Quebec Ministry of Natural Resources and Wildlife on September 19, 2011. This work will be performed as soon as a service rig is identified.
Download PDFPress release - October 22, 2009 - Pétrolia (PEA-TSXV) announces that it has just successfully completed drilling of the Pétrolia Haldimand No. 2 confirmation well. The well, which reached a depth of 1,200 meters, intersected a 474-meter zone mainly composed of sandstone saturated with light crude oil. Two of the intervals examined show the presence of a high concentration of parallel, sub-vertical open fractures which seem to be fed by matrix porosity. In view of these encouraging results, the well was cased down to its full depth of 1,200 m KB. A service rig will be mobilized in the near future to carry out production tests on the zones of interest.
Download PDFPress release. Rimouski, April 24, 2013: Pétrolia (PEA-TSXV) announced that earlier today it has filed a motion for declaratory judgment with the Quebec Superior Court.
Download PDFPress 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...
Download PDFPress release. Rimouski, March 5, 2013: Pétrolia (PEA-TSXV) is announcing that pursuant to its compensation policy and stock option plan, as at March 1, 2013, Pétrolia’s board of directors awarded 75,000 stock options to each of its two newly elected directors at an exercise price of...
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