Lucero Energy Corp.

PetroShale Inc. , announces that pursuant to its Bonus Award Incentive Plan , an aggregate of 1,511,571 restricted awards and 4,359,498 performance awards were granted to certain officers and employees of PetroShale. The awards vest equally and annually commencing on July 31, 2022 and shall expire on December 15, 2024. The awards may be settled by [...]

PetroShale Inc. is pleased to announce the closing of its previously announced recapitalization transaction , which included a private placement of additional equity , a rights offering and the exchange of all outstanding Preferred Shares for common shares . The Rights Offering, combined with the concurrent Private Placement to the Company's two [...]

PetroShale Inc. is pleased to announce that it has entered into a formal agreement with the syndicate of lenders under its senior secured credit facility whereby such lenders have agreed, subject to the satisfaction of certain conditions, including the concurrent completion of the Company's previously announced recapitalization transaction , to [...]

PetroShale Inc. is pleased to announce its audited financial and operating results for the three and twelve month periods ended December 31, 2020, and details of its independent corporate reserves evaluation prepared by Netherland, Sewell & Associates, Inc. with an effective date of December 31, 2020 . The Company's audited consolidated financial [...]

PetroShale Inc. is pleased to provide preliminary unaudited financial and operating results for the three and twelve month periods ended December 31, 2020, as well as summary highlights from our independent corporate reserves evaluation prepared by Netherland, Sewell & Associates, Inc. with an effective date of December 31, 2020 . The Company [...]

PetroShale Inc. is pleased to announce that it and its subsidiary, PetroShale, have entered into an agreement with FR XIII PetroShale Holdings L.P. and a company that Mr. M Bruce Chernoff is a significant shareholder of, with respect to a comprehensive recapitalization transaction of the Company. The Recapitalization Transaction significantly [...]

PetroShale Inc. today confirms that it has elected to exercise its right to settle in kind the payment of the quarterly dividend due in February on its outstanding US$75 million Series A preferred shares , which are held by First Reserve . By electing to pay the fourth quarter of 2020 dividend in kind, the ordinary cash dividend of approximately [...]

CALGARY, AB, Nov. 30, 2020 /CNW/ - PetroShale Inc. announces that pursuant to its Bonus Award Incentive Plan , an aggregate of 240,000 restricted awards and 960,000 performance awards were granted to Scott Pittman, the newly appointed Chief Financial Officer of the Company. The awards vest equally and annually commencing on July 31, 2021 and expire [...]

CALGARY, AB, Nov. 25, 2020 /CNW/ - PetroShale Inc. is pleased to announce our financial and operating results for the three and nine month periods ended September 30, 2020. The Company's unaudited interim consolidated financial statements and corresponding management's discussion and analysis for the period will be available on SEDAR at [...]

PetroShale Inc. today confirms that it has elected to exercise its right to settle in kind the payment of the quarterly dividend due in November on its outstanding US$75 million Series A preferred shares , which are held by First Reserve . By electing to pay the third quarter dividend in kind, the ordinary cash dividend of approximately US$1.8 [...]