Contact Exploration and Donnycreek Energy are pleased to announce the successful completion of the merger of the two companies pursuant to the previously announced plan of arrangement to form Kicking Horse Energy Inc. Shareholders and optionholders of Contact and Donnycreek along with the Court of Queen's Bench of Alberta approved the Arrangement [...]
Donnycreek Energy reports that it has increased its existing extendible, revolving term, demand credit facility with its lender from $15 million to $25 million, of which approximately $6 million is currently drawn. Donnycreek is a Calgary based public oil and gas company which holds approximately 439 gross (313 net) sections of petroleum and [...]
Donnycreek reports that it has mailed a joint information circular and proxy statement of Donnycreek and Contact Exploration Inc. and related meeting materials in connection with the annual and special meeting of the securityholders of Donnycreek currently scheduled to be held at the offices of Borden Ladner Gervais LLP, Suite 1900, 520-3rd Avenue [...]
Donnycreek Energy reports that the three wells, at 102/02-18-63-5 W6M, 100/08-20-63-5 W6M and 100/09-20-63-5 W6M, drilled from the Company's first three-well pad at Kakwa, have been on production since early October 2014. Donnycreek holds a 50% working interest in the New Wells. The New Wells are flowing with Initial 30 day Production gross [...]
Donnycreek Energy reports that it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis for the year ended July 31, 2014 with 2013 comparatives. Selected financial and operational information is outlined below and should be read in conjunction with Donnycreek's audited financial statements and related [...]
Donnycreek Energy reports that it has entered into an arm's length definitive arrangement agreement with Contact Exploration whereby Contact and Donnycreek will merge to form a new, amalgamated corporation to be named "Kicking Horse Energy Inc.". The Merger will consolidate the companies' interests in the Deep Basin including their working [...]
Donnycreek reports that its natural gas production has resumed at its 50% working interest Kakwa property in west central Alberta following an 18 day pipeline maintenance shut down by TransCanada. Total net production to Donnycreek's interest is currently approximately 2,000 boe per day of which approximately 48% is condensate. Hydraulic fracturing [...]
Donnycreek Energy reports the results of its July 31, 2014 Evaluation of Oil and Gas Reserves on its Alberta oil and gas properties, as evaluated by McDaniel & Associates Consultants in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. A summary of the Company's reserves volumes according to reserve [...]
Donnycreek Energy reports that all three 50% working interest wells 2-18-63-5 W6M, 8-20-63-5 W6M and 9-20-63-5 W6M (collectively "New Wells") from the Company's first three-well pad ("7-19 Pad") have been successfully completed and flow tested. Each of the New Wells from the 7-19 Pad were drilled with lateral lengths that extend approximately 1,900 [...]
Donnycreek Energy reports that it has filed its condensed interim financial statements and related Management's Discussion and Analysis for the three and nine months ended April 30, 2014 with 2013 comparatives on SEDAR. Selected financial and operational information is outlined below and should be read in conjunction with Donnycreek's condensed [...]
Donnycreek reports the results of its March 31, 2014 Evaluation of Oil and Gas Reserves on its Alberta oil and gas properties, as evaluated by McDaniel & Associates Consultants Ltd. in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. A summary of the Company's reserves volumes according to reserve [...]
Donnycreek Energy reports that its eighth Kakwa horizontal Montney well at 02/14-30-63-5 W6 drilled in the upper Montney interval has been successfully completed and tested. The 02/14-30 Well was drilled to a total measured depth of approximately 4,563 metres, with a horizontal leg of approximately 1,068 metres, approximately 200-500 metres shorter [...]
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