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Pinecrest Energy Inc.
8 articles mentioning Pinecrest Energy Inc.
Pinecrest Executives Depart Amidst Deal with Cardinal
Removes transfer of employment of executive officers and employees of Pinecrest to Virginia Hills, while all other steps in the Plan remain unchanged.
Pinecrest Continues Waterflood in Red Earth Area
Waterflood production is stable or increasing as is expected in its phase of voidage replacement.
Pinecrest Places 3 Wells, Converts 7 to Water Injection in 4Q
During the fourth quarter, the Company completed 1 (1.0 net) oil well and placed 3 (3.0 net) wells on production and completed the conversion of 7 (7.0 net) horizontal wells in the Otter field to water...
Pinecrest has Difficulty with Waterfloods; Guidance Shortfall Results
Based on field estimates, average production for the fourth quarter of 2013 was approximately 2,580 boepd (97% oil and liquids). Average production for the month of December, based on field estimates, was 2,308 boepd, below the...
Pinecrest Energy Encouraged by Waterflood Production Results
During the quarter, seven wells producing approximately 260 barrels per day of oil were shut in and converted to water injectors for the Otter Projects #1, #2 and #3. These three projects are more than double...
Bonterra, Spartan Detail Potential Merger; Cancellation of Pinecrest Deal
In light of the potential merger deal between Bonterra and Spartan Oil, the previous merger plans between Spartan and Pinecrest have been terminated.
Pinecrest Details Spartan Oil Receipt of Offer
Pinecrest Energy Inc. has been informed by Spartan Oil Corp. that Spartan has received an unsolicited offer from a third-party to acquire all of the issued and outstanding common shares of Spartan.
Pinecrest, Spartan Oil Join Forces to Create Light Oil-Focused Co.
Pinecrest Energy Inc. and Spartan Oil Corp. have entered into an arrangement agreement providing for the combination of Pinecrest and Spartan to form a premier light oil weighted entity that will provide shareholders with a sustainable...