PetroShale Inc. is pleased to announce our financial and operating results for the three and six month periods ended June 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 www.sedar.com, on the OTCQX website 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 August on its outstanding US$75 million Series A preferred shares , which are held by First Reserve . By electing to pay the second quarter dividend in kind, the ordinary cash dividend of approximately US$1.7 [...]
PetroShale Inc. is pleased to announce our financial and operating results for the three month period ended March 31, 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 www.sedar.com, on the OTCQX website at www.otcmarkets.com [...]
PetroShale Inc. is pleased to announce the appointment of Mr. Gary D. Reaves of First Reserve to the Company's Board of Directors effective May 20, 2020, concurrent with Mr. Brooks Shughart leaving his position on the Board. Mr. Reaves is a Managing Director at First Reserve, a leading global private equity investment firm exclusively focused on [...]
PetroShale Inc. today provides a corporate update including information on initiatives designed to reduce cash costs. These proactive measures are in reaction to the current uncertain and volatile commodity price environment. The Company also provides information regarding its upcoming 2020 annual general meeting of shareholders , in response to [...]
?PetroShale Inc. is pleased to announce our financial and operating results for the three and twelve month periods ended December 31, 2019. The Company's audited consolidated financial statements and corresponding management's discussion and analysis for the period will be available on SEDAR at www.sedar.com, on the OTCQX website at www.otcqx.com [...]
PetroShale Inc. is pleased to provide highlights from our independent corporate reserves evaluation prepared by Netherland, Sewell & Associates, Inc. with an effective date of December 31, 2019 . Highlights of the Company's proved developed producing , total proved and total proved plus probable reserves from the NSAI Report are provided below [...]
PetroShale Inc. is pleased to announce that the TSX Venture Exchange has accepted the Company's notice of intention to renew its normal course issuer bid to purchase for cancellation, from time to time, as the Company considers advisable, up to a maximum of 11,785,163 common shares . The maximum number of Common Shares to be purchased pursuant to [...]
PetroShale Inc. is pleased to announce our financial and operating results for the three and nine month periods ended September 30, 2019, along with the Company's 2020 business plan. The Company's unaudited consolidated interim financial statements and corresponding management's discussion and analysis for the period will be available on SEDAR at [...]
PetroShale Inc. is pleased to announce that, in connection with its senior lenders' scheduled review of its credit facility and the Company's recent asset development, the borrowing capacity under PetroShale's senior credit facility has been increased to US$177.5 million from US$140 million. The increase reflects the material growth in [...]
PetroShale Inc. announces a change to its senior management team. Mike Wood, President and CEO, has advised PetroShale's Board of Directors that he will be leaving the Company effective immediately to pursue other opportunities. David Rain has been appointed interim CEO while the Company undertakes a search for a permanent replacement. Mr. Rain is [...]
PetroShale Inc. is pleased to announce our financial and operating results for the three and six month periods ended June 30, 2019. The Company's unaudited consolidated interim financial statements and corresponding Management's Discussion and Analysis for the period will be available on SEDAR at www.sedar.com, on the OTCQX website at [...]