Anatolia Energy is pleased to announce that further to its press releases of September 7, 2011 and September 28, 2011 it closed its previously announced business combination between Bolivar Energy and Anatolia Energy Inc. on Friday, December 2, 2011. At shareholder meetings for each of Anatolia and Bolivar, the amalgamation (the "Amalgamation") of [...]
Further to its press release dated September 7, 2011, Bolivar Energy is pleased to provide an update with respect to its previously announced business combination with Anatolia Energy. A further news release will be disseminated in due course regarding the oil and gas assets of Anatolia. Bolivar and Anatolia have now entered into a definitive [...]
Bolivar Energy is pleased to announce that it has entered into a letter of intent dated as of September 5, 2011 with Anatolia Energy. The Letter Agreement indicates that Bolivar will acquire all of the outstanding common shares of Anatolia based on a valuation of $0.08 per pre-consolidated common share of Bolivar for deemed consideration of $70.7 [...]
Bolivar Energy is pleased to announce that it has come to an agreement with a partner in the LLA-24 Block, Llanos Basin, Colombia whereby Bolivar will acquire 17.5% of the partners' interest in the Block, thereby bringing Bolivar's total interest in the Block to 35%. When combined with the terms of its initial 17.5% farm-in, Bolivar will have paid [...]
Bolivar Energy announced today that the Board of Directors approved the grant of 21,000,000 stock options to directors, officers, employees and consultants of the Company at an exercise price of $0.18 per share. The options have a five-year term and vest in thirds, with one-third vesting immediately, and one-third vesting on each of the first and [...]
Bolivar Energy is pleased to announce that it has closed its previously announced bought deal private placement offering (the "Financing") of units of the Company. Each Unit consists of one common share in the capital of the Company (the "Common Shares") and one-half of one Common Share purchase warrant of the Company (each whole warrant, a [...]
Bolivar Energy is pleased to announce that, in connection with its previously announced public offering, the Company and the syndicate of underwriters co-led by Raymond James Ltd. and Haywood Securities Inc. and including Paradigm Capital, have agreed to increase the size of the offering to 108,530,000 units (the "Units"). Under the revised terms [...]
Bolivar Energy is pleased to announce that it has entered into a purchase agreement with Pacific Rubiales Energy whereby Bolivar will purchase Pacific Rubiales' 32.5% interest in and operatorship of the Arrendajo Block in the Llanos Basin, Colombia. Final approval of the arrangement is subject to regulatory approval by the Agencia Nacional de [...]
Bolivar Energy announces the filing of its unaudited consolidated financial statements for the three and nine month period ended September 30, 2010, that have been prepared in accordance with Canadian GAAP, together with the Management's Discussion and Analysis. The financial statements for the period ended September 30, 2010 represent the first [...]
Benchmark Energy is pleased to announce that the Company has formally changed its name to Bolivar Energy Corp. and commenced trading today under the new name and a new symbol - BVR on the TSX Venture Exchange. All future communication will be under the new Bolivar Energy Corp. corporate header. Bolivar Energy Corp. is an early stage exploration and [...]
Benchmark is pleased to report that further to the news release of April 5, 2010, it has entered into a definitive amalgamation agreement dated May 3, 2010 with Bolivar Energy, a private Alberta corporation focused on exploration and development of oil & gas properties in Colombia, whereby Benchmark will acquire all of the outstanding shares (the [...]