Tenth Avenue Petroleum Corp. is pleased to provide an operational update on its recent field activities. The Company has executed on several key initiatives including closing of its Patricia Acquisition of 82 boe/d, increasing fluid handling capacity to further support its ongoing Mannville enhanced oil recovery project at Murray Lake and minor workovers at its Hays & Vulcan properties. As a result of these activities [...]
Tenth Avenue Petroleum Corp. is pleased to announce that further to its press release dated October 29, 2024, the Company has closed the acquisition of approximately 82 boe/d of low decline, long-life producing natural gas assets located northeast of Brooks, Alberta. The Acquisition provides multi-zone and low-cost optimization upside while capitalizes on an opportunity to consolidate high-quality, gas weighted assets [...]
Tenth Avenue Petroleum Corp. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024. The associated management's discussion and analysis and unaudited interim financial statements for the three and nine months ended September 30, 2024, can be found at www.sedarplus.ca and www.tenthavenuepetroleum.com The Company's key achievements in the third quarter of 2024 [...]
Tenth Avenue Petroleum Corp. is pleased to announce that, further to the Company's press release dated October 3, 2024, the Company has closed the first tranche of its non-brokered private placement and issued 4,170,000 Units at a price of $0.10 per unit for gross proceeds of $417,000 . The second and final tranche is expected to close on or before November 30, 2024. Pursuant to the Offering, each Unit consists of one [...]
Tenth Avenue Petroleum Corp. further to its October 3, 2024 Press Release, the Company is pleased to announce that it has entered into a Purchase and Sales Agreement to acquire approximately 82 boe/d of low decline, long-life producing natural gas assets located north east of Brooks, Alberta from an arm's length party. The Acquisition is comprised of two non-operated Units and 8 non-unit wells of 8% low-decline natural [...]
Tenth Avenue Petroleum Corp. is pleased to announce that the Company has signed a non-binding Letter of Intent to acquire approximately 82 boe/d of low decline, long-life producing natural gas assets located north east of Brooks, Alberta from an arm's length party. The Company is also pleased to announce a non-brokered private placement of up to 17,000,000 units of the Company, at an offering price of $0.10 per Unit, with [...]
Tenth Avenue Petroleum Corp. is pleased to announce its financial and operating results for the three months ended March 31, 2024. The associated management's discussion and analysis and unaudited interim financial statements for the three months ended March 31, 2024, can be found at www.sedarplus.ca and www.tenthavenuepetroleum.com The Company's key achievements in the first quarter of 2024 included the following [...]
Tenth Avenue Petroleum Corp. is pleased to announce its financial and operating results for the three months ended March 31, 2024. The associated management's discussion and analysis and unaudited interim financial statements for the three months ended March 31, 2024, can be found at www.sedarplus.ca and www.tenthavenuepetroleum.com The Company's key achievements in the first quarter of 2024 included the following [...]
Tenth Avenue Petroleum Corp. is pleased to announce its financial and operating results for the three months and twelve months ended December 31, 2023, and highlights of the Company's year-end independent reserve evaluation. During 2023, the Company increased production by 24% to average 144 boe/d compared to 116 boe/d in 2022, negative $13,667 of adjusted funds flow from operations and shallowing production declines at [...]
Tenth Avenue Petroleum Corp. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2023. The associated management's discussion and analysis and unaudited interim financial statements for the three and nine months ended September 30, can be found at www.sedarplus.ca and www.tenthavenuepetroleum.com The Company's key achievements in the third quarter of 2023 included [...]
Tenth Avenue Petroleum Corp. is pleased to announce its financial and operating results for the three and six months ended June 30, 2023. The associated managements' discussion and analysis and unaudited interim financial statements for the three and six months ended June 30, 2023 can be found at www.sedarplus.ca and www.tenthavenuepetroleum.com The Company's key results in the second quarter of 2023 included the [...]
Tenth Avenue Petroleum Corp. is pleased to announce its financial and operating results for the three months ended March 31, 2023. The associated management's discussion and analysis and unaudited interim statements as at the three months ended March 31, 2023 and 2022 can be found at www.sedar.com and www.tenthavenuepetroleum.com The Company's key achievements in the first quarter of 2023 included the: Achieved production [...]
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