Closing Announcement - October 28, 2014
Donnybrook Energy Inc. has reported that it has completed its previously announced name change and a consolidation of its common shares.
The Company's name has been changed from "Donnybrook Energy Inc." to "Stonehaven Exploration Ltd."
The articles of the Company were also amended to consolidate the issued and outstanding Common Shares on the basis one (1) post-consolidation Common Share for every forty (40) pre-consolidation Common Shares, resulting in approximately 4,885,903 Common Shares issued and outstanding. The Name Change and Consolidation were approved by shareholders of the Company at its previous annual and special meeting of shareholders held in 2013.
The Common Shares will commence trading on the TSX Venture Exchange on a consolidated basis and under the Company's new name at the opening of trading on Wednesday, October 29, 2014 under the new symbol "SE".
Letters of transmittal are being mailed to shareholders of the Company to be utilized to exchange their Common Shares for new Common Shares on a post-Name Change and post-Consolidation basis.
The Company holds an interest in 21 gross sections (7.6 net sections) of petroleum and natural gas rights at Bigstone and Fir, Alberta.
Initial Announcement - October 14, 2014
Donnybrook Energy Inc. has reported that the board of directors of the Company has determined that the Company will proceed with a name change and a consolidation of its common shares.
Name Change and Consolidation
The shareholders of the Company previously approved special resolutions allowing the Board to:
(i) change the name of the Company; and
(ii) consolidate the issued and outstanding Common Shares on the basis of one (1) post-consolidation Common Share for up to every forty-three (43) pre- consolidation Common Shares, or such lesser ratio that the Board, in its sole discretion, may determine to be appropriate (the "Consolidation").
Accordingly, the Board has determined to change the name of the Company to "Stonehaven Exploration Ltd." and consolidate the Common Shares on the basis of one (1) post-consolidation Common Share for every forty (40) pre-consolidation Common Shares. The Name Change and Consolidation is expected to be effected within the next few weeks.
There are currently 195,436,066 Common Shares issued and outstanding. A consolidation ratio of 40 pre- Consolidation Common Shares for each post-Consolidation Common Share results in there being approximately 4,885,901 Common Shares issued and outstanding on a post-Consolidation basis.
The Board considers that the Consolidation would be in the best interests of the shareholders as it could lead to increased interest by a wider audience of potential investors and would better position the Company to obtain financing and pursue acquisition opportunities.
Canada News

Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…

Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…

EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…

Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…

ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…
