New Head of Operations at Petrolia
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RIMOUSKI, QUEBEC -- (Marketwired) -- 07/16/13 -- Petrolia (TSX VENTURE: PEA) is pleased to announce that Gildas Collin will be joining the Petrolia team as head of operations on October 1, 2013. His appointment underscores the company--s strategy to pursue development of the Haldimand oil field in Gaspe…
Petrolia: Positive Results on Anticosti
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RIMOUSKI, QUEBEC -- (Marketwired) -- 07/11/13 -- Petrolia (TSX VENTURE: PEA) is pleased to announce positive results of core analyses from the Macasty Formation on Anticosti Island. These results relate to the cores taken in 2012 from three stratigraphic coreholes in the western part of the island, as…
Petrolia Delighted With Quebec Environment Minister–s Position
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RIMOUSKI, QUEBEC -- (Marketwired) -- 05/23/13 -- Petrolia (TSX VENTURE: PEA) is pleased by the position announced by the Minister of Sustainable Development, Environment, Wildlife and Parks regarding exploration to be carried out on Anticosti Island to determine its oil production potential.Petrolia wants to help set up the…
Petrolia Cancels its Engagement Letter Relating to a Private Placement
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RIMOUSKI, QUEBEC -- (Marketwired) -- 05/21/13 -- Petrolia (TSX VENTURE: PEA) announces today that, due to prevailing market conditions, it has chosen to withdraw its previously announced marketed private placement of units.Following this decision, Petrolia has taken steps to modify its balance sheet in order to meet its…
Petrolia: Denis Duteau Named Head of Community Relations
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RIMOUSKI, QUEBEC -- (Marketwired) -- 05/06/13 -- Petrolia (TSX VENTURE: PEA) is pleased to announced the appointment of Denis Duteau as Head of Community Relations for Anticosti Island and Quebec--s North Shore.Mr. Duteau is a trained biologist with extensive management experience. He served as mayor of the municipality…
Agreement in Principle on the Release of the Terms of the Agreement Between Petrolia and Hydro-Quebec
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RIMOUSKI, QUEBEC -- (Marketwired) -- 05/01/13 -- Petrolia (TSX VENTURE: PEA) confirmed that the parties have an agreement in principle to publically release the terms and conditions of the consideration Hydro-Quebec received for transferring the rights and interests it held on Anticosti Island to Petrolia. The details will…
Petrolia Files a Superior Court Motion Against the Town of Gaspe
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RIMOUSKI, QUEBEC -- (Marketwired) -- 04/24/13 -- Petrolia (TSX VENTURE: PEA) announced that earlier today it has filed a motion for declaratory judgment with the Quebec Superior Court. Petrolia wants a bylaw adopted by the Town of Gaspe on December 19, 2012, to be declared invalid. The town…
Petrolia: 1 TCF (Thousand Billion Cubic Feet) of Wet Natural Gas in a Conventional Reservoir at Bourque (Quebec)
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RIMOUSKI, QUEBEC -- (Marketwired) -- 04/10/13 -- Petrolia (TSX VENTURE: PEA) is pleased to disclose the results of a resource evaluation carried out by Sproule Associates Limited (Sproule) which estimates more than 1 Tcf (one thousand billion cubic feet) the volume initially-in-place of wet natural gas of four…
Petrolia: Various Administrative Changes
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RIMOUSKI, QUEBEC -- (Marketwire) -- 03/05/13 -- Petrolia (TSX VENTURE: PEA) is announcing that pursuant to its compensation policy and stock option plan, as at March 1, 2013, Petrolia--s board of directors awarded 75,000 stock options to each of its two newly elected directors at an exercise price…
Petrolia Discloses a Toxicological Study for Haldimand 4
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QUEBEC CITY, QUEBEC -- (Marketwire) -- 02/26/13 -- Petrolia (TSX VENTURE: PEA) discloses a toxicological evaluation of the products to be used in the drilling fluids of the Haldimand 4 well. This report has been prepared by a toxicologist from the Environmental health and health at work Department…