CALGARY, June 7, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today announces that disinterested shareholders have approved subscription agreements with the Corporation's two major shareholders and an amendment to a related party loan agreement. All dollar amounts in this news release are in United States [...]
Stable production and full payment for oil sales; Significant restructuring of obligations and proposed equity recapitalization on track for completion in Q2 2017 CALGARY, May 10, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today announces its financial and operational results for the three months ended [...]
CALGARY, May 9, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") will announce its financial and operating results for the quarter ended March 31, 2017 on Wednesday, May 10, 2017 after the close of trading on the Toronto Stock Exchange. Mr. Vance Querio, Chief Executive Officer, and Mr. Scott Lewis, Head of [...]
Proposed $30 million cash investment, $24.1 million of indebtedness converted to equity and maturity date on indebtedness to AOG extended to July 2019 CALGARY, May 3, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today announces that it has entered into a series of agreements with the Corporation's two largest [...]
Full Payment for Oil Export Sales through February 2017 and Reduced Costs; Major Shareholders have conditionally agreed to equity funding of $30 million CALGARY, March 15, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today announces its financial and operational results for the year ended December 31, 2016 [...]
CALGARY, March 14, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") will announce its financial and operating results for the year ended December 31, 2016 on Wednesday, March 15, 2017 after the close of trading on the Toronto Stock Exchange. A conference call to discuss the Corporation's financial and operating [...]
Proved Plus Probable Oil Reserves of 202 MMbbl and US$ 1.0 billion(1) in Related After-Tax Net Present Value of Future Net Revenue as at December 31, 2016 CALGARY, Feb. 22, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today announced its oil reserves and resources as at December 31, 2016 as evaluated by [...]
Successful completion of the Zey Gawra-1ST well CALGARY, Jan. 10, 2017 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today announces an update on its operations. In December 2016, the Zey Gawra-1 well was side-tracked (referred to in this press release as the "Zey Gawra-1ST well") and completed in open hole [...]
Average production and sales of 2,900 bbl/d during Q3 2016 with full payment received, higher netback and further cost reductions versus Q2 2016; Appraisal and initial development of Zey Gawra field in progress CALGARY, Nov. 9, 2016 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today announces its financial and [...]
CALGARY, Nov. 8, 2016 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") will announce its financial and operating results for the quarter ended September 30, 2016 on Wednesday, November 09, 2016 after the close of trading on the Toronto Stock Exchange. Mr. Vance Querio, Chief Executive Officer, and Mr. Scott Lewis [...]
23 million shares issued to AOG with proceeds to extinguish $9.1 million of indebtedness CALGARY, Oct. 14, 2016 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") and The Addax and Oryx Group PLC ("AOG") today announce that AOG Upstream BV, an affiliate of AOG, acquired ownership and control of 23,032,871 common [...]
Average production of 3,100 bbl/d during the quarter with positive netback and reduced expenditures; First phase development of Zey Gawra has commenced CALGARY, Aug. 3, 2016 /CNW/ - Oryx Petroleum Corporation Ltd. ("Oryx Petroleum" or the "Corporation") today announces its financial and operational results for the three and six months ended June [...]
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