Pipestone Energy Corp. is pleased to report its Q1 2019 financial and operational results and provide a progress report on its 2019 development program. The Company has filed its unaudited financial statements and related management’s discussion and analysis for the quarter ended March 31, 2019 on SEDAR. A conference call has been scheduled for Wednesday, May 15th at 9:00 a.m. Mountain Daylight Time for interested [...]
Pipestone Energy Corp. announces the grant of 180,000 performance share units and 120,000 restricted share units to its Chief Financial Officer. The PSUs and RSUs vest over a period of three years. Each PSU entitles the holder on settlement to up to two common shares issued by the Corporation, subject to performance metrics and a performance multiplier of up to 2x. Each RSU entitles the holder on settlement to one Common [...]
Pipestone Energy Corp. announces that in accordance with the requirements of National Instrument 51-102 - Continuous Disclosure Obligations it has filed the audited financial statements for its predecessor Pipestone Oil Corp. for the year ended December 31, 2018. As Pipestone Energy was the “reverse takeover acquirer” of Blackbird Energy Inc. in the amalgamation of POC and Blackbird pursuant to a series of [...]
Pipestone Energy Corp. is pleased to provide an operational update as well as updated reserves and resources information effective as of January 4, 2019, which was the closing date of the amalgamation of Pipestone Oil Corp. and Blackbird Energy Inc. . A conference call has been scheduled for Wednesday, March 20th at 9:00 a.m. Mountain Daylight Time for interested investors, analysts, brokers and media representatives [...]
Pipestone Energy Corp. announces the appointment of Craig Nieboer as Chief Financial Officer to be effective February 11, 2019. Mr. Nieboer has over 30 years of professional experience, including approximately 20 years in the Canadian and international oil and gas industries. He most recently served as Chief Financial Officer of TSX-listed CES Energy Solutions Corp. since 2008. Mr. Nieboer is a Chartered Accountant with a [...]
Pipestone Energy Corp. announces that in accordance with the requirements of National Instrument 51-102 - Continuous Disclosure Obligations it has filed the unaudited interim financial statements for its predecessor Pipestone Oil Corp. for the three and nine month periods ended September 30, 2018. As Pipestone Energy was the “reverse takeover acquirer” (as defined in NI 51-102) of Blackbird Energy Inc. (“Blackbird”) in [...]
Blackbird Energy Inc. and Pipestone Oil Corp. are pleased to announce that they have closed their previously announced business combination, which was completed by way of a plan of arrangement. Concurrent with the Transaction, Blackbird and Pipestone Oil have closed equity financings totaling $111.0 million with certain existing shareholders and Pipestone Oil has arranged $198.5 million of debt financing . The closing of [...]
Blackbird Energy Inc. is pleased to announce that its shareholders have approved the previously announced strategic combination of Blackbird and Pipestone Oil Corp. at a special meeting held today, by a majority of over 99% of votes cast. The Blackbird Shareholders also approved the continuance of Blackbird from British Columbia into Alberta, which is necessary for the Transaction to proceed as proposed. The Transaction [...]
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