Petrolia Inc: Important Quantities of Hydrocarbons Trapped in a Reservoir in Bourque 1
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RIMOUSKI, QUEBEC -- (Marketwire) -- 01/30/13 -- Petrolia (TSX VENTURE: PEA) confirms that results of analyses on well Bourque 1, drilled in summer 2012, reveal the presence of a reservoir containing important quantities of hydrocarbons, some of which is oil. This result justifies the mandate given by Petrolia…
Petrolia: Pursuit of Haldimand 4 Drilling is Temporarily Deferred
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RIMOUSKI, QUEBEC -- (Marketwire) -- 01/24/13 -- Petrolia (TSX VENTURE: PEA) announces its decision to temporarily defer drilling in Haldimand 4. This decision has been made in order to allow discussions between the stakeholders in this matter to proceed in a more serene climate involving more rationality than…
Petrolia Announces Positive Results of Two Anticosti Coreholes
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RIMOUSKI, QUEBEC -- (Marketwire) -- 01/14/13 -- Petrolia (TSX VENTURE: PEA) is pleased to announce initial results for the Macasty shale Formation oil cores taken from the Princeton Lake and Highcliff coreholes on Anticosti Island by Petrolia and Corridor Resources in fall 2012. These new results, better than…
Petrolia Inc.: The Bourque 2 Well Reveals Two Reservoir Zones and the Presence of Condensates
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RIMOUSKI, QUEBEC -- (Marketwire) -- 12/19/12 -- Petrolia (TSX VENTURE: PEA) announces that the drilling of the Bourque 2 well has been completed. This well, which reached a total depth of 2,680 metres, has revealed the existence of two zones, of approximately 300 metres thick each, displaying reservoir…
Petrolia Inc.: Allocation of Stock Options and Appointment of a New Director
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RIMOUSKI, QUEBEC -- (Marketwire) -- 12/12/12 -- Petrolia (TSX VENTURE: PEA) is pleased to announce the appointment of Charles Boulanger as an independent director of the Corporation. The appointment of Mr. Boulanger is effective immediately. Mr. Boulanger is the Director proposed by Investissement Quebec following the private placement…
Petrolia Announces $3 Million Financing
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RIMOUSKI, QUEBEC -- (Marketwire) -- 12/10/12 -- Petrolia (TSX VENTURE: PEA) announces that it has entered into a engagement letter with Marquest Capital Markets, as co-lead agent with Casimir Capital Ltd. (the "Agents"), for a private placement of up to 2,500,000 "flow-through" shares (the "Flow-Through Shares") at a…
Petrolia: Spudding Bourque 2
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RIMOUSKI, QUEBEC -- (Marketwire) -- 11/02/12 -- Petrolia (TSX VENTURE: PEA) announces that well Bourque 2 was spudded on October 31st, 2012. To date, 303 m have already been drilled. This well should reach a vertical depth of 2850 m. Drilling equipment used is the same as the…
Petrolia Inc.: Hydrocarbons Over a 1,850 m Interval in Bourque No. 1 Well
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RIMOUSKI, QUEBEC -- (Marketwire) -- 10/31/12 -- Petrolia (TSX VENTURE: PEA) announces that drilling at Bourque No. 1 well is now complete. A tubing was installed with a view to carry out at a later stage, a sustained production test over a 900 m open hole interval between…
Petrolia Supports the Objective of Responsible Oil Production in Quebec
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RIMOUSKI, QUEBEC -- (Marketwire) -- 09/25/12 -- Petrolia (TSX VENTURE: PEA) is pleased with the position expressed by Ministere des Ressources naturelles et de la Faune (MRNF) with regard to the advantages of producing our own oil resources rather than importing oil. Petrolia shares MNRF--s commitment to ensuring…
Petrolia: Status of Exploration Activities Underway in the Gaspe Peninsula and on Anticosti Island
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RIMOUSKI, QUEBEC -- (Marketwire) -- 09/24/12 -- Petrolia (TSX VENTURE: PEA) would like to issue a progress report on its activities currently underway in the Gaspe Pensinsula and on Anticosti Island.Gaspe Peninsula - Bourque No. 1Drilling of the Bourque No. 1 well, located halfway between Murdochville and Grande-Vallee,…