Oryx Petroleum Corporation Ltd. today announces recent corporate activity, including further details regarding an agreement to amend the Loan Agreement dated March 13, 2015 with AOG International Holdings Limited , which agreement to amend was originally announced on November 13, 2018. Affiliates of AOG and insiders of the Corporation, AOG [...]
Sizable increases in production, revenues and operating funds flow1 with two wells added in recent months; Agreed to restructure key obligations and secured access to additional liquidity Oryx Petroleum Corporation Ltd. today announces its financial and operational results for the three and nine months ended September 30, 2018. All dollar amounts [...]
Sizable increases in production, revenues and operating funds flow1 with three wells added in recent months Oryx Petroleum Corporation Ltd. today announces its financial and operational results for the three and six months ended June 30, 2018. All dollar amounts set forth in this news release are in United States dollars, except where otherwise [...]
CALGARY, June 28, 2018 /CNW/ - Oryx Petroleum Corporation Ltd. today announces that the nominees listed in its Management Proxy Circular dated May 8, 2018 were elected as directors of Oryx Petroleum. Detailed results of the vote for the election of directors held on June 27, 2018 at Oryx Petroleum's Annual Meeting of Shareholders are set out below [...]
Banan-3, the first well targeting the Tertiary reservoir at the Banan field, has been completed and is producing 1,500 bbl/d of crude oil on extended well test CALGARY, June 20, 2018 /CNW/ - Oryx Petroleum Corporation Ltd. today announces an update on the drilling of an appraisal well targeting the Tertiary reservoir at the Banan field in the [...]
11% increase in Revenues versus Q4 2017; Lower Operating Expenses; Positive Operating Cash Flow2; Agreement to sell interests in the Haute Mer B license area CALGARY, May 8, 2018 /CNW/ - Oryx Petroleum Corporation Ltd. today announces its financial and operational results for the three months ended March 31, 2018. All dollar amounts set forth in [...]
CALGARY, April 23, 2018 /CNW/ - Oryx Petroleum Corporation Ltd. today announces that a wholly-owned subsidiary has entered into a Farmout Agreement with a subsidiary of Total S.A. , providing for the transfer of the Corporation's 30% participating interest in the Haute Mer B exploration license offshore Congo to the Buyer or an affiliate. All [...]
64% increase in Revenues; Receipt of full payment for oil export sales through November 2017; Re-commencement of appraisal drilling in the Hawler license area; Maturation of AGC Central license area CALGARY, March 7, 2018 /CNW/ - Oryx Petroleum Corporation Ltd. today announces its financial and operational results for the year ended December 31 [...]
Proved Plus Probable Oil Reserves of 122 million barrels and US$ 704 million in Related After-Tax Net Present Value of Future Net Revenue as at December 31, 2017; Best estimate unrisked Prospective Oil Resources of 3,450 million barrels in the AGC Central license area CALGARY, Feb. 15, 2018 /CNW/ - Oryx Petroleum Corporation Ltd. today announced [...]
Higher average production and sales, continued payments for oil sales, and higher netbacks; 2018 plans include further appraisal drilling in the Hawler license area and preparation for exploration drilling in the AGC Central license area CALGARY, Nov. 8, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today [...]
Stable production and payment for oil sales; successful drilling and completion of the ZAB-1 sidetrack well; restructuring of obligations and equity recapitalization completed CALGARY, Aug. 2, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today announces its financial and operational results for the three and [...]
161.9 million shares issued for total consideration of $54.1 million CALGARY, June 21, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation"), The Addax and Oryx Group PLC and Zeg Oil and Gas Ltd ("Zeg Oil and Gas") today announce the closing of transactions contemplated by subscription agreements between the [...]