Terra Nova Energy is pleased to announce that, pursuant to the May 11, 2012 farmout agreement it entered into with Holloman Energy to acquire up to a 55% working interest in each of PEL 112 and PEL 444 in the Cooper Eromanga Basin in South Australia, on November 1, 2012 Terra Nova paid into escrow with an agreed upon agent an additional AUD $4,500,000. The AUD $4,500,000 shall be used by Terra Nova to conduct a three well [...]
Terra Nova Energy announces that it is conducting a non-brokered private placement financing to raise up to CDN $2 million in proceeds from the sale of 10,000,000 units to subscribers outside of Canada and the United States. The units shall be sold at a price of $0.20 per unit and will be comprised of one share and one share purchase warrant, exercisable at $0.30 for a period of 24 months from the date of closing. The [...]
Terra Nova Energy reported on September 19, 2012 that it had successfully completed the shooting of a 127 km2 3D seismic program on Petroleum Exploration License 112 in the Cooper Eromanga basin of South Australia. The Corporation is now pleased to announce that it has initiated the processing of this data volume, in preparation for interpretation. Preliminary results indicate very good seismic data quality in the [...]
Terra Nova Energy is pleased to announce the launch of its new website www.tneoz.com. The website includes up-to-date pertinent information on the Corporation and features photography of its field acquisition of 3D seismic on Petroleum Exploration License (PEL) 112.
Terra Nova is also pleased to announce the successful completion of 127km(2) of a 3D seismic survey shot on PEL 112 situated in the Cooper Eromanga Basin in [...]
Terra Nova Energy announces that its former auditor, Morgan and Company, has resigned effective August 17, 2012, at the request of the Corporation, and KPMG LLP has been appointed as the successor auditor. In accordance with National Instrument 51-102, the Corporation intends to file a Change of Auditor Notice on SEDAR, together with letters from Morgan and KPMG, each confirming that it is in agreement with the statements [...]
Terra Nova Energy is pleased to announce that all of the resolutions put forth at its Special Meeting of Shareholders held on August 13, 2012 have been approved, including the change of name from Terra Nova Minerals Inc. The resolutions are described in more detail below. The number of directors was set at six, and the election of the Corporation's Board of Directors was passed:
Terra Nova Minerals, through its wholly owned subsidiary, Terra Nova Energy (Australia) Pty. Ltd., is pleased to announce that it has signed an agreement with Geokinetics (Australia) Pty. Ltd. of Brisbane, Australia whereby Geokinetics will complete a 127 square kilometre three dimensional ("3D") seismic survey on the northern boundary of Petroleum Exploration License ("PEL") 112 (comprised of 2196 sq kms) on the western [...]
Terra Nova Minerals is pleased to announce that further to the news releases dated March 26, 2012 and May 7, 2012 in respect of Australian Foreign Investment Review Board approval, it has signed a definitive agreement with Holloman Energy Corporation of Houston, Texas to acquire, through its wholly-owned subsidiary Terra Nova Resources Inc., an Alberta corporation, up to a 55% working interest in two onshore petroleum [...]
In respect of the previously announced acquisition by Terra Nova Minerals of a 55% interest in two onshore petroleum exploration licenses in South Australia from Holloman Energy Corporation, Terra Nova is pleased to announce that Australia's Foreign Investment Review Board has approved of the farm-out participation by Terra Nova. Under Australian law, FIRB must review foreign investment transactions as they relate to the [...]
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