Calgary, Alberta - Point Loma Resources Ltd. is pleased to report financial and operating results for the three months ended March 31, 2018. Highlights of the period and additional updates are summarized below: HIGHLIGHTS Financial Three Months ended March 31, 2018 Three Months ended March 31, 2017 Gross revenue 1,201 1,515 Cash flows [...]
CALGARY, Alberta, May 01, 2018 -- Point Loma Resources Ltd. is pleased to announce that it has acquired certain oil and gas assets from a private oil and gas company involved in a receivership process, with an effective date of November 1, 2017 . After closing adjustments, the net purchase price of the Acquisition was approximately $779,000 for [...]
CALGARY, Alberta, May 01, 2018 -- Point Loma Resources Ltd. is pleased to announce that it has acquired certain oil and gas assets from a private oil and gas company involved in a receivership process, with an effective date of November 1, 2017 . After closing adjustments, the net purchase price of the Acquisition was approximately $779,000 for [...]
CALGARY, Alberta, April 20, 2018 -- Point Loma Resources Ltd. is pleased to report financial and operating results for the three months and year ended December 31, 2017. Highlights of the period and additional updates are summarized below: HIGHLIGHTS Financial Year ended December 31, 2017 Year ended December 31, 2016 Three Months ended December 31 [...]
CALGARY, Alberta, March 19, 2018 -- Point Loma Resources Ltd. is pleased to report the results of its 2017 year-end reserves as evaluated by McDaniel and Associates Ltd. and provide an update regarding its recently announced acquisition. Highlights: Total proved plus probable reserves of 4,452 mboe and proved reserves of 3,500 mboe for the [...]
CALGARY, Alberta, March 01, 2018 -- Point Loma Resources Ltd. is pleased to announce that it has entered into a definitive agreement to acquire oil and gas assets from a private oil and gas company involved in a receivership process, effective date November 1, 2017 . The purchase price of the Acquisition is subject to court approval and closing is [...]
CALGARY, Alberta, Feb. 01, 2018 -- Point Loma Resources Ltd. today announced that it has retained the services of Hybrid Financial Inc. for strategic investor relations initiatives. The initiatives will include marketing, distribution, and branding services for Point Loma with a specific focus on elevating Point Loma's profile via brokers in the [...]
CALGARY, Alberta, Jan. 19, 2018 -- Point Loma Resources Ltd. is pleased to announce the appointment of Troy Wagner, P. Eng., MBA as Vice President, Acquisitions and Development. Mr. Wagner brings 25 years of diverse oil and gas experience to the Point Loma team and will enhance the Company’s technical depth. Grant of Options A total of [...]
Alberta, Jan. 09, 2018 -- Point Loma Resources Ltd. is pleased to announce that it has closed the private placement financing of 2,597,321 common shares of the Company issued to Evenergy Company Limited at a price of $0.29 per share for aggregate gross proceeds of approximately $0.75 million . The Offering was completed pursuant to an investor [...]
CALGARY, Alberta, Dec. 20, 2017 -- Point Loma Resources Ltd. which has captured over 160,000 net acres across the multi-zone Mannville, Nordegg and Banff fairways of west central Alberta is pleased to announce planned activities for the first half of 2018. Highlights Two well drilling program. Nine well workovers identified in existing producing [...]
Point Loma Resources Ltd. is pleased to announce that it has closed the short form prospectus marketed financing of 10,454,545 common shares of the Company issued as "flow-through shares" within the meaning of the Income Tax Act previously announced on November 28, 2017 with Mackie Research Capital Corporation for aggregate gross proceeds of [...]
Point Loma Resources Ltd. is pleased to announce that it has been notified by Mackie Research Capital Corporation , the agent of Point Loma's commercially reasonable efforts short form prospectus financing of flow-through shares previously announced on November 28, 2017 , that following the receipt by the Company of its short form prospectus, the [...]
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