Arsenal Energy Inc.

NEW YORK, Jan. 6, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Arsenal Energy Inc. (TSX: AEI; OTCQX: AEYIF), an oil and gas exploration, development and production company headquartered in Calgary, Alberta, Canada, has qualified to trade on OTCQX®, the [...]

Arsenal Energy announces it has closed its previously announced bought deal financing of 912,950 common shares on a "flow-through share" basis at a price of $9.95 per flow-through share, which includes the exercise under the over-allotment option of 113,050 Flow-Through Shares, for aggregate gross proceeds of $9,083,852.50.

Arsenal Energy announces an increase of the previously announced bought deal financing led by Paradigm Capital Inc., as lead underwriter on behalf of a syndicate of underwriters including Acumen Capital Finance Partners Limited, National Bank Financial Inc., and Industrial Alliances Securities Inc.

Arsenal Energy announces it has entered into an equity financing agreement, on a bought deal basis, with Paradigm Capital Inc., as lead underwriter, on behalf of a syndicate of underwriters. Under the terms of the agreement Arsenal will issue 753,800 common shares to be issued on a "flow- through" basis pursuant to the Income Tax Act (Canada) in [...]

CALGARY, ALBERTA--(Marketwired - Nov 4, 2014) - Arsenal Energy Inc. ("Arsenal") (TSX:AEI)(PINKSHEETS:AEYIF) is pleased to release its 2014 Q3 financial and operational results. Cash flow for the third quarter was $15.0 million or $0.89 per common share, a 28% increase from 2013 Q3. The Board of Directors has declared a quarterly dividend of $0.07 [...]

CALGARY, ALBERTA--(Marketwired - Sep 15, 2014) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI) (PINKSHEETS:AEYIF) is pleased to release an operations update. At Princess, Alberta, Arsenal has completed all tie-in operations, battery debottlenecking and water disposal upgrades. Current total production from Princess is approximately [...]

CALGARY, ALBERTA--(Marketwired - Aug 7, 2014) - Arsenal Energy Inc. ("Arsenal") (TSX:AEI)(PINKSHEETS:AEYIF) is pleased to release its 2014 Q2 financial and operational results. Cash flow for the second quarter was $11.6 million or $.72/share, a 14% increase from 2013 Q2. The Board of Directors has declared a 7.7% increase in the quarterly dividend [...]

Arsenal Energy is pleased to announce that the Board of Directors has declared a 7.7% increase in its quarterly dividend to $0.07 per common share. This increase is the second increase in the dividend so far in 2014 and is consistent with Arsenal's dividend policy of paying out in dividends approximately 10% of trailing quarterly cash flow. The [...]

Arsenal Energy is pleased to release an operations update. Based on field estimates Arsenal averaged approximately 4,700 boe/d of production for the month of June. At Stanley, North Dakota, Arsenal as operator, has completed and tested two horizontal Bakken wells. The Allison Ann well flowed at approximately 1,385 bbls/d of oil during a 24 hour [...]

Arsenal Energy announced today that it has closed its previously announced bought deal financing of 799,400 common shares on a "flow-through share" basis at a price of $9.35 per flow-through share, which includes the exercise in full of the over-allotment option of 104,200 Flow-Through Shares, for aggregate gross proceeds of $7,474,390. The [...]