Forza Petroleum Ltd.

Forza Petroleum Ltd. today announces that at the special meeting of the Corporation's securityholders held on February 12, 2024, the shareholders of the Corporation and the holders of share awards outstanding under the long-term equity incentive plan of the Corporation approved the special resolution authorizing the arrangement pursuant to Section [...]

Consideration of CAD 0.15 per common share delivers 36% premium, and provides immediate and certain cash value to minority shareholders Forza Petroleum Ltd. today announced that it has entered into an arrangement agreement with Zeg Oil and Gas Ltd. and a newly formed wholly-owned subsidiary of Zeg Oil pursuant to which the Purchaser has agreed to [...]

Through local oil sales and targeted cost cutting, Forza Petroleum is preserving liquidity while it awaits a re-opening of the Kurdistan Oil Export Pipeline Forza Petroleum Ltd. today announces its financial and operational results for the three and nine months ended September 30, 2023. All dollar amounts set forth in this news release are in [...]

Results significantly impacted by the continuing shutdown of the Kurdistan Oil Export Pipeline; production operations partially restarted in July to support local oil sales Forza Petroleum Ltd. today announces its financial and operational results for the three and six months ended June 30, 2023. All dollar amounts set forth in this news release [...]

Forza Petroleum Ltd. today announces that the nominees listed in its Management Proxy Circular dated May 15, 2023 were elected as directors of Forza Petroleum. Detailed results of the vote for the election of directors held earlier today at Forza Petroleum's Annual and Special Meeting of Shareholders are set out below. Each of the following four [...]

Operations remain mostly suspended pending restart of the Kurdistan Oil Export Pipeline Forza Petroleum Ltd. today announces its financial and operational results for the three months ended March 31, 2023. All dollar amounts set forth in this news release are in United States dollars. Financial Highlights Revenue of $47.8 million for Q1 2023 [...]

Forza Petroleum Ltd. announces that the operator of the Kurdistan Oil Export Pipeline has notified OP Hawler Kurdistan Limited, the Corporation's operating subsidiary in the Kurdistan Region of Iraq, of a shutdown of the pipeline. The shutdown relates to a recent arbitration decision of the International Chamber of Commerce impacting exports by the [...]

Forza Petroleum posts another record year, increasing annual revenue 172% to $323.8 million, driven by increased production and improved oil prices Forza Petroleum Ltd. today announces its financial and operational results for the year ended December 31, 2022. All dollar amounts in this news release are in United States dollars. 2022 Financial [...]

Forza Petroleum Ltd. today announced its oil reserves and resources as at December 31, 2022 as evaluated by Netherland, Sewell & Associates, Inc. , an independent oil and gas consulting firm, and as set forth in a report prepared by NSAI in accordance with National Instrument 51-101 . The reserves and resources disclosure coincides with the filing [...]

Forza Petroleum Ltd. announced today a leadership succession plan that positions it for the next stage of its evolution as a petroleum producer. Sami Zouari has notified the Corporation that he will step down from his position as Director and Chair of the Board of Directors effective March 1, 2023. He will be succeeded by current Chief Executive [...]