Logan Energy Corp.

Logan Energy Corp. is pleased to announce that it has entered into definitive agreements with Topaz Energy Corp. to sell a newly created 2.5% gross overriding royalty on the Company's lands in the Pouce Coupe area and a 35% non-operated working interest in Logan's Pouce Coupe 04-19 gas plant, compressor station and oil battery which are currently under construction for combined gross proceeds of $43 million. Richard [...]

Logan Energy Corp. is pleased to announce the closing of its previously announced acquisition of an operated 50% working interest in certain assets located in the Company's core area at Simonette, Alberta, and a 100% interest in certain Simonette gross overriding royalties, for a cash purchase price of $52.0 million, before closing adjustments . For further details on the Acquisition, see Logan's press release dated [...]

Logan Energy Corp. is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters led by National Bank Financial Inc. and Eight Capital as joint bookrunners and co-lead underwriters to increase the size of its previously announced bought-deal private placement financing . Logan will now issue 61,644,000 common shares at a price of $0.73 per Common Share to raise aggregate gross [...]

Logan Energy Corp. is pleased to announce that it has entered into a definitive agreement today to acquire an operated 50% working interest in certain assets located in the Company's core area at Simonette, Alberta, for a cash purchase price of $52.0 million, before closing adjustments. Logan is also pleased to announce an equity financing to be offered on a bought deal, private placement basis, led by National Bank [...]

Logan Energy Corp. is pleased to announce its operating and financial results for the three and nine months ended September 30, 2024, and to provide details of its expanded Duvernay land position along with an operations update. Selected financial and operational information set out below should be read in conjunction with the Company's unaudited interim financial statements and related management's discussion and [...]

Logan Energy Corp. is pleased to announce the closing of its previously announced upsized bought-deal private placement financing of 68,494,000 common shares of Logan at a price of $0.73 per Common Share for gross proceeds of approximately $50.0 million , which was led by National Bank Financial Inc. as sole bookrunner and as co-lead underwriter together with Eight Capital. The Company is also pleased to announce the [...]

Logan Energy Corp. is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters with National Bank Financial Inc. as sole bookrunner and co-lead underwriter and Eight Capital as co-lead underwriter to increase the size of its previously announced bought-deal private placement financing . Logan will now issue 68,494,000 common shares at a price of $0.73 per Common Share to [...]

Logan Energy Corp. is pleased to announce the details of its Duvernay land position, which represents a new play type comprised of highly economic drilling inventory, and the acceleration of full field development at Pouce Coupe, including the construction of a 40 mmcf/d gas plant and associated infrastructure. In addition, the Company is pleased to announce its expanded 2024 budget and a fully funded preliminary budget [...]

Logan Energy Corp. announces its financial and operating results for the three and six months ended June 30, 2024, an increase to the borrowing base available under the Company's credit facility to $75.0 million, and enhancements to the executive management team. Selected financial and operational information set out below should be read in conjunction with the Company's unaudited interim financial statements and related [...]

Logan Energy Corp. announces its financial and operating results for the three months ended March 31, 2024, and provides updated guidance for the remainder of 2024. MESSAGE TO SHAREHOLDERS Logan was very active operationally during the first three months of 2024, during which it continued to execute on its plan to aggressively grow its asset base and position itself as a premier growth-oriented company in the Alberta [...]