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Operator · Cardium Shale

Manitok Energy Inc.

31 articles mentioning Manitok Energy Inc. · Page 1 of 2

Manitok to Begin Drilling in H2; Production Flat

Manitok to Begin Drilling in H2; Production Flat

Manitok Energy Inc. announces its financial and operating results for the first quarter of 2016 and provides an operational update.

Manitok to Begin Drilling in 2H16; Talks Full Year 2015 Results

Manitok to Begin Drilling in 2H16; Talks Full Year 2015 Results

Manitok Energy Inc. announces its financial and operating results for the year ended December 31, 2015 and provides an operational update.

Manitok Reduces Debt, Plans $11MM in D&C Expense

Manitok Reduces Debt, Plans $11MM in D&C Expense

Minimum of ~$11 mm of drilling and completion spending.

Manitok IDs Early 2016 Production at 4,265 BOE/d; Ups Reserves 61%

Manitok IDs Early 2016 Production at 4,265 BOE/d; Ups Reserves 61%

Manitok continued to produce its two Lithic Glauconitic wells at Carseland with significant restrictions over the first quarter of 2016.

Manitok's Credit Facility to be Revised to $60 Million

Manitok's Credit Facility to be Revised to $60 Million

Upon completing the second tranche of the Offering, Manitok’s credit facility will be revised to $60 million in January 2016.

Manitok Announces $20 Million Private Placement

Manitok Announces $20 Million Private Placement

The Offering will consist of common shares in the capital of Manitok issued at a price of $0.13 per Common Share and Common Shares issued on a “flow-through” basis.

Manitok Provides Fourth Quarter Operation Update

Manitok Provides Fourth Quarter Operation Update

Manitok will not drill any wells in Entice or Stolberg during the first half of 2015.

Manitok Hedged in 2015, Reducing Debt

Manitok Hedged in 2015, Reducing Debt

Reduce net debt over first half of 2015, waiting to determine capital spending in 2H 2015.

Manitok IPs Cardium Well; Begins Drilling Two Follow-Ups

Manitok IPs Cardium Well; Begins Drilling Two Follow-Ups

Well tie-in and facility work are moving forward as expected and the behind pipe production at Stolberg is anticipated to be on stream in the fourth quarter of 2014.

Manitok Energy Revises Guidance After Stolberg Facility Issues

Manitok Energy Revises Guidance After Stolberg Facility Issues

Manitok has updated its 2014 guidance to reflect these timing issues.

Manitok's Cardium Ops Hit New Production Record in 1Q

Manitok's Cardium Ops Hit New Production Record in 1Q

Record first quarter production averaged 5,351 boe/d (59% light oil and liquids) which is a 49% increase over 1Q13.

Manitok Talks 2014 Spending Plans; Drills Two More Cardium Wells

Manitok Talks 2014 Spending Plans; Drills Two More Cardium Wells

In addition to announcing plans to sell off its non-core assets in the Alberta Foothills, Manitok Energy Inc. has detailed its 2014 plans as well as an operational update.

Manitok to Target Cardium and Quirk Creek in 2014

Manitok to Target Cardium and Quirk Creek in 2014

The Corporation's 2014 drilling program will see a continued investment of capital in its successful Cardium light oil play in the Stolberg area of Alberta. Management is also excited to begin drilling and evaluating the newly...

Manitok Exceeds Production Guidance in Cardium Operations

Manitok Exceeds Production Guidance in Cardium Operations

Based on field estimates, Manitok’s production averaged 5,550 boe/d (58% oil and liquids) over the month of December 2013, which is a record high production month for the Corporation and exceeds Manitok’s previously provided 2013 exit...

Manitok Sees Good Results in Cardium B

Manitok Sees Good Results in Cardium B

The well of the Quirk Creek farm-in with Legacy Oil + Gas located at 11-31-020-03W5 was completed at a total vertical depth of about 2,050 metres. The unstimulated horizontal oil well tested the Cardium B zone...

Manitok Makes Two New Executive Appointments

Manitok Makes Two New Executive Appointments

Mr. Vouri is a professional engineer with over 25 years' experience in the exploitation, operation, acquisition and divestiture of oil and natural gas properties primarily in Canada and the United States. Mr. Martin will be responsible...

Manitok Announces 20.3 Million Equity Financing

Manitok Announces 20.3 Million Equity Financing

The proceeds from the issuance of Offered Shares will be used by Manitok to incur CEE and CDE expenses (the "Qualifying Expenditures") on Manitok's existing Canadian properties prior to December 31, 2014 and Manitok will renounce...

Manitok Gives Cardium Drilling Update

Manitok Gives Cardium Drilling Update

The 18th Stolberg Cardium oil well, the second of a 3 well pad on section 29 where Manitok has a 79% working interest, was recently production tested.

Manitok IPs 17th Stolberg Cardium Well; Details Upcoming Spud

Manitok IPs 17th Stolberg Cardium Well; Details Upcoming Spud

The 17th Stolberg Cardium oil well is the first of a 2 well pad on section 29, where Manitok has a working interest of 79%.

Manitok Maintains Cardium Focus; Raises Production 133%

Manitok Maintains Cardium Focus; Raises Production 133%

Manitok reported an increase in average production by 133% to 4,045 boe/d for the second quarter of 2013 from 1,733 boe/d for the comparable period in 2012.