Marksmen Energy reports its financial results for the three months ended March 31, 2014. The interim financial statements and Management's Discussion & Analysis were filed May 30, 2014 on SEDAR
Marksmen is pleased to announce that Marksmen and its Joint Venture Partner, Houghton Investments LLC, drilled a well that reached total depth on May 28, 2014. It is the third well of the Company's multi-well drilling program in Ohio. There have been oil and gas shows in an upper formation and oil shows in the targeted Cambrian Knox formation. During the drilling of the Cambrian Knox formation oil circulated to surface [...]
Marksmen Energy is pleased to announce that on May 15, 2014 Marksmen and its Joint Venture Partner, Houghton Investments LLC, placed their first well drilled in Ohio on production. During production testing, the well produced 144 barrels of Pennsylvania grade oil (approximately 40 to 42 API) with less than 1% water cut and no other fluids or gas, from the Cambrian Knox formation. The well was placed on production with a [...]
Marksmen Energy is pleased to announce that on April 30, 2014 Marksmen and its Joint Venture Partner, Houghton Investments LLC, spudded the first of up to five wells of its initial drilling program in Ohio. The well reached total depth on May 5, 2014 and there have been oil and gas shows in an upper formation and oil shows in the targeted Cambrian Knox formation. During the drilling of the Cambrian Knox formation oil [...]
Marksmen Energy Inc. is pleased to report its financial results for the year ended December 31, 2013. The Financial Statements and Management's Discussion & Analysis were filed today on SEDAR.
Marksmen Energy is pleased to announce that it has completed the second and final closing of its previously announced non-brokered private placement for 4,868,725 units of Marksmen at a price of $0.16 per Unit for gross proceeds of $778,996. The Units are comprised of one (1) common share and one-half of one (1/2) share purchase warrant of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common [...]
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