Petrus Resources Ltd. is pleased to announce that its shareholders approved all resolutions at its annual general meeting of shareholders held today . The resolutions approved at the Meeting were as follows: The resolution to fix the number of directors of the Company to be elected at the Meeting at five directors was approved with 99.951% of votes in favor. The resolution to appoint the five nominees as directors of the [...]
Petrus Resources Ltd. is pleased to announce an increase to its Senior Secured Credit Facility . Petrus' lender, ATB Financial, has completed their semi-annual borrowing base redetermination and have agreed to increase the borrowing limit from $30.0 million to $45.0 million. The Credit Facility is payable on demand by the lender and the next semi-annual review is scheduled on or before November 30, 2023. The increase [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
Petrus Resources Ltd. is pleased to report financial and operating results as at and for the three months ended March 31, 2023. Q1 2023 HIGHLIGHTS: Higher production - Production was up 54% from 7,379 boe/d in the first quarter of 2022 to 11,385 boe/d in the first quarter of 2023. The increase was primarily due to a full quarter of production realized from the wells drilled in the fourth quarter of 2022 as well as one [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
Petrus Resources Ltd. is pleased to report financial and operating results as at and for the three and twelve months ended December 31, 2022 and to provide 2022 year end reserves information as evaluated by Insite Petroleum Consultants Ltd. . The Company's Management's Discussion and Analysis and audited consolidated financial statements are available on SEDAR at www.sedar.com. An updated corporate presentation as well as [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
Petrus Resources Ltd. is pleased to announce the appointment of Ms. Lindsay Hatcher as the Company's Vice President, Commercial & Corporate Development. In this role, Ms. Hatcher will lead Petrus' commercial operations including the company's marketing strategy and downstream activities as well as support ongoing business development and corporate planning. Lindsay has over 15 years of experience in Alberta's energy [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
Petrus Resources Ltd. is pleased to announce it has been named to the 2023 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
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