A record year continues to develop with the support of stable production and high oil prices during the third quarter Forza Petroleum Ltd. today announces its financial and operational results for the three and nine months ended September 30, 2022. All dollar amounts set forth in this news release are in United States dollars. Financial Highlights [...]
Revenue increases another 20% in the second quarter versus the first quarter of 2022; profit up more than 600% versus the second quarter of 2021 Forza Petroleum Ltd. today announces its financial and operational results for the three and six months ended June 30, 2022. All dollar amounts set forth in this news release are in United States dollars [...]
Forza Petroleum Ltd. today announces that the nominees listed in its Management Proxy Circular dated May 17, 2022 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 Meeting of Shareholders are set out below. Each of the following four nominees [...]
Forza Petroleum achieves another record quarter posting its highest oil sales volumes and revenue in company history Forza Petroleum Ltd. today announces its financial and operational results for the three months ended March 31, 2022. All dollar amounts set forth in this news release are in United States dollars. Financial Highlights: Revenue of [...]
Forza Petroleum posts 129% increase in annual revenue driven by increased production and improved oil prices Forza Petroleum Ltd. today announces its financial and operational results for the year ended December 31, 2021. All dollar amounts in this news release are in United States dollars. 2021 Financial Highlights: Revenue of $187.8 million [...]
Forza Petroleum Ltd. today announced its oil reserves and resources as at December 31, 2021 as evaluated by Netherland, Sewell & Associates, Inc. , an independent oil and gas consulting firm, and as set forth in a report prepared in accordance with National Instrument 51-101 by NSAI . The reserves and resources disclosure coincides with the filing [...]
Forza Petroleum Ltd. acknowledges that on February 15, 2022, the Iraqi Federal Supreme Court has ruled unconstitutional the Kurdistan Regional Government Law No. 28 of 2007, which regulates the oil and gas sector in the Kurdistan Region of Iraq. The Court's judgment also provides that the Iraqi Ministry of Oil may pursue the annulment of Production [...]
Forza Petroleum achieves fifth consecutive quarterly profit; expects to complete three additional wells before year-end Forza Petroleum Ltd. today announces its financial and operational results for the three and nine months ended September 30, 2021. All dollar amounts set forth in this news release are in United States dollars. Financial [...]
Forza Petroleum books its highest revenue to date; drilling success provides foundation for higher rates of oil production Forza Petroleum Ltd. today announces its financial and operational results for the three and six months ended June 30, 2021. All dollar amounts set forth in this news release are in United States dollars. Financial Highlights [...]
Forza Petroleum Ltd. today announces that the nominees listed in its Management Proxy Circular dated May 17, 2021 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 [...]
Increased revenue and collection of overdue receivables strengthen Forza Petroleum's financial outlook Forza Petroleum Ltd. today announces its financial and operational results for the three months ended March 31, 2021. All dollar amounts set forth in this news release are in United States dollars. Financial Highlights: Revenue of $35.7 million [...]
Significant decrease in liabilities and reduced general and administration costs position Forza Petroleum to leverage increasing oil prices to strengthen financial position and fund an ambitious 2021 work program to increase production Forza Petroleum Ltd. today announces its financial and operational results for the year ended December 31, 2020 [...]
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