Arsenal Energy Inc.

Lone Pine Resources Canada and Arsenal Energy are pleased to jointly announce the approval by securityholders of Lone Pine and Arsenal of their previously-announced business combination by way of plan of arrangement. The approvals were obtained at special meetings held today in Calgary Alberta, at which more than 98% of the votes cast by Lone [...]

Lone Pine Resources Canada is pleased to confirm that a special meeting of its securityholders will be convened on September 8, 2016 to consider and vote upon the previously-announced business combination of Lone Pine and Arsenal Energy by way of an arrangement under the Business Corporations Act (Alberta). A joint information circular of Lone [...]

Arsenal Energy is pleased to release its 2016 Q2 financial and operational results. During the second quarter Arsenal eliminated its bank debt with the closure of the sale of its US operations and its Princess West and Chauvin properties. A business combination with Lone Pine Resources has been negotiated and recommended to shareholders. In [...]

CALGARY, ALBERTA--(Marketwired - Aug 3, 2016) - Arsenal Energy Inc. ("Arsenal") (TSX:AEI)(OTC PINK:AEYIF) is pleased to announce that, in connection with its previously announced business combination Lone Pine Resources Canada Ltd. ("Lone Pine") by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta), it [...]

CALGARY, ALBERTA--(Marketwired - Jun 28, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Corporation") (TSX:AEI)(OTC PINK:AEYIF) announces that it has closed its two previously announced property sales (approximately 450 boe/d of production) for total gross proceeds of $11.5 million. The proceeds were used to eliminate the Corporation's bank [...]

CALGARY, ALBERTA--(Marketwired - Jun 24, 2016) - Lone Pine Resources Canada Ltd. ("Lone Pine"), a privately-held oil and gas exploration and production company based in Calgary, Alberta, and Arsenal Energy Inc. ("Arsenal") (TSX:AEI) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") to effect a [...]

CALGARY, ALBERTA--(Marketwired - Jun 20, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Corporation") (TSX:AEI)(OTCQX:AEYIF) announces that, at our annual general meeting of shareholders held on June 17, 2016 the following five director nominees were elected: NOMINEE VOTES FOR VOTES WITHHELD Number Percent Number Percent Mr. Tony van [...]

CALGARY, ALBERTA--(Marketwired - Jun 2, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) announces that the Company has entered into an amending agreement ("Amending Agreement") with its syndicate of bankers. Under the Amending Agreement, the Company's borrowing base has been redetermined at $6.0 million. The Company [...]

CALGARY, ALBERTA--(Marketwired - May 27, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) announces the sale of all its oil and natural gas properties located in the United States for a sales price of US $34 million. Proceeds from the sale have been used to reduce the Company's outstanding bank credit facility. After [...]

CALGARY, ALBERTA--(Marketwired - May 10, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI) (OTCQX:AEYIF) Financial: Arsenal's Q1 2016 financial and operational results were severly impacted by lower commodity prices and lower production. Commodity prices declined 28% from Q4 2015 and 28% from Q1 2015 to $27.21 per boe. Q1 2016 [...]