CALGARY, May 22, 2014 /CNW/ - Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXV:PMI) today announced the results of voting at its Annual General Meeting of shareholders, the filing of its financial results for the first quarter of 2014, and an update on Blocks D-E onshore Albania. AGM Voting Results The Company is pleased to announce that each of Glenn McNamara, Verne Johnson, Wesley Clark, Frank Giustra [...]
CALGARY, May 20, 2014 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today provided an update on the drilling of the Molisht-1 well onshore Albania. The well is located on Blocks 2-3, in which the Company holds a 25% working interest and is the operator with Shell holding the remaining 75% interest. The Company has drilled Molisht-1 through the flysch shale sequence and to the objective [...]
CALGARY, April 7, 2014 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced that it has filed its financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2013 on SEDAR. The financial statements and MD&A will be available on the Company's website at www.petromanas.com or at www.sedar.com. About Petromanas Energy Inc. Petromanas[...]
CALGARY, March 11, 2014 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today provided an update on its drilling and testing activities on Blocks 2-3, in which it holds a 25% working interest and is the Operator with Shell holding the remaining 75% interest, and its discussions with the Albanian government with respect to the Blocks D-E Production Sharing Contract ("PSC"), in which the Company [...]
CALGARY, March 5, 2014 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) has been advised that DWM Petroleum AG ("DWM"), previously the company's largest shareholder, today disposed of 40 million common shares at market prices, primarily to institutional investors purchasing through Haywood Securities Inc. One of the Company's directors acquired an aggregate of 10 million of these common shares [...]
CALGARY, Jan. 9, 2014 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced that based on its previously disclosed well results and initial positive 30 day pressure build-up data from the Shpirag-2 well, it has officially informed the Albanian government of a discovery on Blocks 2-3, onshore Albania in which it holds a 25% working interest and is the operator with Shell holding the [...]
CALGARY, Nov. 28, 2013 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced its support for a foreign investment and protection agreement (FIPA) concluded between the Canadian and Albanian governments and announced by the Honourable Ed Fast, Minister of International Trade. "Conclusion of this investment treaty will help strengthen the bonds between our governments and should [...]
CALGARY, Nov. 18, 2013 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced the appointment of Wesley K. Clark, General, US Army (ret.) to its board of directors. General Clark serves as Chairman and CEO of Wesley K. Clark & Associates, a strategic consulting firm; Co-Chairman of Growth Energy; senior fellow at UCLA's Burkle Center for International Relations; Advisor at the [...]
CALGARY, Nov. 5, 2013 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced that a group of investors, including existing shareholders and certain directors and officers of the Company, has purchased common shares of the Company which were divested by Petromanas' largest shareholder, DWM Petroleum AG ("DWM" or the "Vendor"). DWM disposed of 46 million shares through the facilities of [...]
CALGARY, Nov. 5, 2013 /CNW/ - Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXV:PMI) today announced that Mr. Heinz J. Scholz and Mr. Werner Ladwein have resigned from the Company's Board of Directors to focus on other commitments, effective immediately. "I want to sincerely thank Heinz and Werner for their numerous contributions to Petromanas as the Company grew and evolved over the past few years and wish [...]
CALGARY, Nov. 4, 2013 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) and Royal Dutch Shell plc ("Shell") today announced positive test results from its Shpirag-2 well in Block 2-3, which covers an area of 3,450 square kilometres onshore south-central Albania. Testing operations commenced in mid-October following the arrival and rig up of all necessary equipment. Following acid stimulation [...]
CALGARY, Sept. 24, 2013 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today provided an update on its exploration activities on Blocks 2-3 onshore Albania. Operational Update Shpirag-2 The Shpirag-2 well reached total depth of 5,547 meters in late June and the Company subsequently set the production liner and released the rig on July 13. Lease and tankage preparation has been underway [...]