NEWS

2019

CRUZSUR RECEIVES A NATURAL GAS PURCHASE OFFER FOR MARIA CONCHITA FIELD

September 5, 2019

CRUZSUR RECEIVES A NATURAL GAS PURCHASE OFFER FOR MARIA CONCHITA FIELD VANCOUVER, B.C., September 5, 2019– CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR), announces it has received a natural gas purchase offer for the Maria Conchita field in Colombia from Energy Transitions SAS ESP. This is a binding offer to purchase the natural … Read More

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CRUZSUR ENERGY SIGNS MOU WITH PANACOL TO JOINTLY DEVELOP THE COMPANY’S ASSETS IN COLOMBIA AND ARGENTINA, RESOLVES LIABILITIES ON KM 8 AND APPOINTS RONALD PANTIN AS EXECUTIVE CHAIRMAN

September 3, 2019

CruzSur Energy signs MOU with Panacol to jointly develop the Company’s assets in Colombia and Argentina, resolves liabilities on KM 8 and appoints Ronald Pantin as Executive Chairman VANCOUVER, B.C., September 3, 2019 – CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR), announces it has appointed Ronald Pantin as Executive Chairman of the Company … Read More

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CRUZSUR ENERGY COMMENCES EXPLORATION AT SN-9 BLOCK IN THE LOWER MAGDALENA BASIN AND UPDATES ON OTHER ASSETS IN COLOMBIA AND ARGENTINA

August 1, 2019

Cruzsur Energy Commences Exploration at SN-9 Block in the Lower Magdalena Basin and Updates on Other Assets in Colombia and Argentina  VANCOUVER, B.C., August 1, 2019 – CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR), a growth-oriented oil and gas venture with significant assets in Latin America, has commenced a US$22 million phased development program … Read More

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CRUZSUR ENERGY ANNOUNCES GRANT OF OPTIONS AND RE-PRICING

July 10, 2019

CRUZSUR ENERGY ANNOUNCES GRANT OF OPTIONS AND RE-PRICING VANCOUVER, B.C., July 10, 2019 – CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR), announces that it has granted an aggregate of 2,462,500 stock options under the Company’s stock option plan to directors, officers, employees, consultants of the Company and charities with an exercise price of … Read More

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CRUZSUR ENERGY ANNOUNCES RESOLUTION OF DISPUTE WITH PETRO AP (HONG KONG) COMPANY LIMITED AND PROCOMM INVESTMENT LIMITED

July 2, 2019

CRUZSUR ENERGY ANNOUNCES RESOLUTION OF DISPUTE WITH PETRO AP (HONG KONG) COMPANY LIMITED AND PROCOMM INVESTMENT LIMITED VANCOUVER, B.C., July 2, 2019 –CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR), is pleased to announce that the disputes with Petro AP (Hong Kong) Company Limited and Procomm Investment Limited (the “Claimants”), in relation with the Stock Purchase … Read More

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CRUZSUR ENERGY ANNOUNCES OFFICER APPOINTMENT AND SHARES FOR DEBT

June 26, 2019

CRUZSUR ENERGY ANNOUNCES OFFICER APPOINTMENT AND SHARES FOR DEBT VANCOUVER, B.C., June 26, 2019 – CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR), is pleased to announce the appointment of Ms. Marianella Bernal Parada as Chief Financial Officer of the Company.  The appointment follows the resignation of Mr. Chris Reid as Chief Financial Officer. … Read More

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CRUZSUR ENERGY ANNOUNCES BOARD AND MANAGEMENT CHANGES

June 3, 2019

CRUZSUR ENERGY ANNOUNCES BOARD AND MANAGEMENT CHANGES VANCOUVER, B.C., June 3, 2019 – CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR), announces the departure of certain members of its Executive Management Team; Dr. Ralph Gillcrist, President and Chief Executive Officer, Mr. Alan Aitchison, Chief Operating Officer and Mr. Rafael Orunesu, Vice President Business Development … Read More

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CRUZSUR ENERGY ANNOUNCES RESOLUTION OF DISPUTE AFFECTING SINU-9 & TIBURON BLOCKS AND AGREES TO FARMOUT TERMS FOR THE SINU-9 BLOCK

May 28, 2019

CRUZSUR ENERGY ANNOUNCES RESOLUTION OF DISPUTE AFFECTING SINU-9 & TIBURON BLOCKS AND AGREES TO FARMOUT TERMS FOR THE SINU-9 BLOCK VANCOUVER, B.C., May 28, 2019 –CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR), is pleased to announce that the disputes with the counterparties in the Company’s original acquisitions of economic beneficial interests in the … Read More

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CRUZSUR ENERGY CORP. CLOSES $3.35M CONVERTIBLE DEBENTURE FINANCING

May 7, 2019

CRUZSUR ENERGY CORP. CLOSES $3.35M CONVERTIBLE DEBENTURE FINANCING VANCOUVER, B.C., May 7, 2019 – CruzSur Energy Corp. (the “Company” or “CruzSur” ) (TSXV: CZR) is pleased to announce that it has closed its previously announced non-brokered private placement of secured convertible debentures (”Financing”) for aggregate proceeds of $3,350,000.  The subscribers to the financing have been … Read More

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CRUZSUR ENERGY RELEASES ANNUAL FINANCIALS

April 30, 2019

CRUZSUR ENERGY RELEASES ANNUAL FINANCIALS VANCOUVER, B.C., April 30, 2019 – CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR) announces the filing of its Annual Audited Consolidated Financial Statements and Management Discussion & Analysis for the years ended December 31, 2018 and December 31, 2017, as well as its 2018 Year End Reserves Report. … Read More

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CRUZSUR ENERGY ANNOUNCES US$2.5M CONVERTIBLE DEBENTURE FINANCING

April 11, 2019

CRUZSUR ENERGY ANNOUNCES US$2.5M CONVERTIBLE DEBENTURE FINANCING Vancouver, B.C., April 11, 2019 – CruzSur Energy Corp. (the “Company” or “CruzSur” ) (TSXV: CZR) is pleased to announce that it has arranged a non-brokered private placement of secured convertible debentures for aggregate proceeds of US$2,500,000, to enable the Company to restructure its portfolio of assets and … Read More

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CRUZSUR ENERGY PROVIDES AN UPDATE ON LLANCANELO ASSET

February 13, 2019

CRUZSUR ENERGY PROVIDES AN UPDATE ON LLANCANELO ASSET  VANCOUVER, B.C., February 13, 2019 –CruzSur Energy Corp. (the “Company” or “CruzSur”) (TSXV: CZR), provides an update on the Llancanelo asset and its reduction of liabilities, with YPF S.A. (“YPF”), the operator of the concession. The Company has arrived at a settlement agreement with YPF whereby YPF … Read More

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2018

CRUZSUR ENERGY PROVIDES AN UPDATE ON THE MARIA CONCHITA BLOCK

December 12, 2018

CRUZSUR ENERGY PROVIDES AN UPDATE ON THE MARIA CONCHITA BLOCK VANCOUVER, B.C., December 12, 2018 –CruzSur Energy Corp. (the “Company”) (TSXV: CZR), is pleased to provide an update on the Maria Conchita Block in Colombia which it operates under the 100% owned subsidiary’s Colombian branch MKMS Enerji Sucursal Colombia (“MKMS”). With the drilling of the … Read More

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PENTANOVA ENERGY PROVIDES AN UPDATE ON THE SINU-9 AND TIBURON ASSETS

August 17, 2018

PENTANOVA ENERGY PROVIDES AN UPDATE ON THE SINU‑9 AND TIBURON ASSETS VANCOUVER, Aug. 16, 2018 /CNW/ – PentaNova Energy Corp. (the “Company” or “PentaNova“) (TSXV: PNO), announces the SINU‑9 (“SN‑9“) Farm Out Agreement (the “Agreement“) with Panacol Oil & Gas (“Panacol“), a wholly owned subsidiary of LATAM Oil & Gas failed to close by the … Read More

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PENTANOVA ENERGY CORP. ANNOUNCES PLANS FOR A NAME CHANGE TO CRUZSUR ENERGY CORP., SHARE CONSOLIDATION AND A REORGANIZATION OF THE BOARD

July 27, 2018

PENTANOVA ENERGY CORP. ANNOUNCES PLANS FOR A NAME CHANGE TO CRUZSUR ENERGY CORP., SHARE CONSOLIDATION AND A REORGANIZATION OF THE BOARD VANCOUVER, B.C., July 27, 2018 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), announces that the Board of Directors of the Company has approved a name change to “CruzSur Energy Corp” and a consolidation … Read More

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PENTANOVA ENERGY PROVIDES AN UPDATE ON LLANCANELO ASSET

July 3, 2018

PENTANOVA ENERGY PROVIDES AN UPDATE ON LLANCANELO ASSET VANCOUVER, B.C., July 3, 2018 –PentaNova Energy Corp. (the “Company” or “PentaNova”) (TSXV: PNO), provides an update on the ongoing operations of the Llancanelo Asset with YPF S.A. (“YPF”), the operator of the concession. As part of the various Argentina acquisitions completed by the Company in August … Read More

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PENTANOVA ENERGY PROVIDES AN UPDATE ON THE BOARD OF DIRECTORS

June 28, 2018

PENTANOVA ENERGY PROVIDES AN UPDATE ON THE BOARD OF DIRECTORS VANCOUVER, B.C., June 27, 2018 –PentaNova Energy Corp. (the “Company”) (TSXV: PNO), announced today that Ms. Susannah Pierce, who joined the Board of Pentanova in 2017, resigned from the Pentanova Board of directors on Thursday June 21, 2018 due to increasing personal and professional commitments. … Read More

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PENTANOVA ENERGY ANNOUNCES FARMOUT AGREEMENT ON COLOMBIAN GAS PROPERTY

June 22, 2018

VANCOUVER, June 21, 2018 /CNW/ – PentaNova Energy Corp. (the “Company” or “PentaNova“) (TSXV: PNO), is pleased to announce the signing of the SN-9 Farm Out Agreement (the “Agreement“) with Panacol Oil & Gas (“Panacol“), a wholly owned subsidiary of LATAM Oil & Gas. Under the terms of the Agreement, Panacol will fully fund the Company’s … Read More

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PENTANOVA ENERGY CORP. ANNOUNCES ASSET RATIONALIZATION MANDATE, ANNUAL CONSOLIDATED FINANCIAL STATEMENTS AND RESULTS AND YEAR END RESERVES HIGHLIGHTS

May 1, 2018

PENTANOVA ENERGY CORP. ANNOUNCES ASSET RATIONALIZATION MANDATE, ANNUAL CONSOLIDATED FINANCIAL STATEMENTS AND RESULTS AND YEAR END RESERVES HIGHLIGHTS VANCOUVER, B.C., April 30, 2018 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), announces that the Company’s Board, following a review of the annual financial statements and ongoing commitments, has charged senior management with a mandate to … Read More

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PENTANOVA ENERGY PROVIDES AN UPDATE ON THE TESTING OF ISTANBUL-1

April 11, 2018

PENTANOVA ENERGY PROVIDES AN UPDATE ON THE TESTING OF ISTANBUL-1 VANCOUVER, B.C., April 11, 2018 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), is pleased to provide an update on the testing of the Istanbul-1 well (“the well”). The well, located in the Maria Conchita block in northern Colombia, commenced drilling on February 27, 2018 … Read More

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PENTANOVA ENERGY PROVIDES AN UPDATE ON THE TESTING OF ISTANBUL-1

April 3, 2018

PENTANOVA ENERGY PROVIDES AN UPDATE ON THE TESTING OF ISTANBUL-1 VANCOUVER, B.C., April 3, 2018 – In light of the recent negative trading in its shares since its March 28 news release on the Istanbul-1 well, PentaNova Energy Corp. (the “Company”) (TSXV: PNO), would like to clarify both the drilling results and the factors surrounding … Read More

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PENTANOVA ENERGY ASSIGNED OPERATORSHIP OF COLOMBIA GAS PROPERTY

March 2, 2018

PENTANOVA ENERGY ASSIGNED OPERATORSHIP OF COLOMBIA GAS PROPERTY VANCOUVER, B.C., March 2, 2018 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), which has acquired strategically located assets in Colombia and Argentina, is pleased to announce that the Colombian National Hydrocarbon´s Agency, (ANH), has assigned operatorship of the Maria Conchita gas block to MKMS Enerji Anonim … Read More

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PENTANOVA ENERGY COMMENCES DRILLING ON COLOMBIA GAS PROPERTY WITH THE SPUD OF ISTANBUL-1 WELL

February 28, 2018

PENTANOVA ENERGY COMMENCES DRILLING ON COLOMBIA GAS PROPERTY WITH THE SPUD OF ISTANBUL-1 WELL  VANCOUVER, B.C., February 28, 2018 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), which has acquired strategically located assets in Colombia and Argentina, is pleased to announce the spud of the Company’s first gas well in Colombia’s Maria Conchita gas block, … Read More

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PENTANOVA ENERGY CORP. ANNOUNCES SENIOR MANAGEMENT APPOINTMENTS

February 15, 2018

Strategy Continues To Develop Oil And Gas Assets VANCOUVER, Feb. 15, 2018 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), is pleased to announce a new senior management team to continue the company’s strategy of developing significant oil and natural gas resources in Colombia and Argentina. The Company has appointed Dr. Ralph Gillcrist as Chief … Read More

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PENTANOVA ENERGY MOBILIZES DRILLING RIG TO MARIA CONCHITA GAS TO FURTHER ENERGY DEVELOPMENT IN COLOMBIA

January 19, 2018

PENTANOVA ENERGY Mobilizes DRILLING RIG TO MARIA CONCHITA GAS To Further Energy DEVELOPMENT IN COLOMBIA VANCOUVER, B.C., January 19, 2018 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO) is mobilizing a drilling rig to further develop its natural gas resources in Colombia’s Maria Conchita gas field. The Maria Conchita field consists of two major gas … Read More

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PENTANOVA CONTINUES TO GROW PRODUCTION BY APPLYING TECHNOLOGY TO PRODUCING WELLS; COMPLETES SIGNIFICANT ACQUISITION IN ARGENTINA

January 3, 2018

PENTANOVA  continues to grow production BY APPLYING TECHNOLOGY TO PRODUCING WELLS; completeS SIGNIFICANT acquisition in Argentina End of December Production 776 boed VANCOUVER, B.C., January 3, 2018 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO) continues to grow its production base in Argentina by applying proven technologies to increase daily production. The Company’s working interest … Read More

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2017

PENTANOVA ENERGY CORP. REPORTS PURCHASE OF SHARES BY INSIDER

November 30, 2017

PENTANOVA ENERGY CORP. REPORTS PURCHASE OF SHARES BY INSIDER VANCOUVER, B.C., November 30, 2017 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), announces that Mr. Giustra, directly and indirectly acquired a cumulative amount of 6,669,500 common shares of PentaNova Energy Corp. through purchases in the public market. As a result of the acquisition of securities … Read More

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PENTANOVA ENERGY CORP. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS

November 29, 2017

  PENTANOVA ENERGY CORP. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS VANCOUVER, B.C., November 28, 2017 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), which has partnered with YPF S.A. (“YPF”) to develop one of Argentina’s largest heavy oil reserves, has filed its interim Financial Results and Management Discussion & Analysis for the three and nine months … Read More

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PENTANOVA ENERGY AND YPF SIGN FINAL AGREEMENT TO JOINTLY DEVELOP ONE OF ARGENTINA’S LARGEST HEAVY OIL FIELDS

November 23, 2017

PENTANOVA ENERGY AND YPF SIGN FINAL AGREEMENT TO JOINTLY DEVELOP ONE OF ARGENTINA’S LARGEST HEAVY OIL FIELDS Field Already Producing Approximately 1,300 bbls/day VANCOUVER, B.C., November 23, 2017 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), today signed the final agreement with Argentina’s National Oil Producer YPF (“YPF”) to farm in on 11% of the … Read More

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PENTANOVA ENERGY AND YPF, ARGENTINA’S NATIONAL OIL PRODUCER, TO JOINTLY DEVELOP ONE OF COUNTRY’S LARGEST HEAVY OIL FIELDS

November 13, 2017

PENTANOVA ENERGY AND YPF, ARGENTINA’S NATIONAL OIL PRODUCER, TO JOINTLY DEVELOP ONE OF COUNTRY’S LARGEST HEAVY OIL FIELDS September Production 753 boed; Workover and Reactivation Continues on 29 future wells VANCOUVER, B.C., November 13, 2017 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), which seeks to become Latin America’s next significant oil and gas developer, … Read More

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PENTANOVA ENERGY CORP. ANNOUNCES LISTING OF WARRANTS

September 27, 2017

VANCOUVER, B.C., September 27, 2017 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), is pleased to announce that the TSX Venture Exchange (“TSXV”) has accepted for listing the 56,250,000 warrants (the “Warrants”) issued pursuant to a private placement that closed on July 31, 2017. The Warrants will be listed for trading on the TSXV under … Read More

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PENTANOVA ENERGY CORP. ANNOUNCES OPERATIONAL ADVANCES IN COLOMBIA AND ARGENTINA, STRATEGIC CREDIT FACILITY

September 20, 2017

PENTANOVA ENERGY CORP. ANNOUNCES OPERATIONAL ADVANCES IN COLOMBIA AND ARGENTINA, STRATEGIC CREDIT FACILITY VANCOUVER, B.C., September 20, 2017 – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), is pleased to announce that it has signed contracts for the civil works and drilling rig to be deployed to the Company´s 60,076 gross acre Maria Conchita block in … Read More

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PENTANOVA ENERGY CORP. REPORTS PURCHASE OF SHARES BY INSIDER

August 28, 2017

VANCOUVER, Aug. 28, 2017 /CNW/ – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), announces that Mr. Giustra, director of the Company acquired 428,000 common shares of PentaNova Energy Corp. in the public market representing 0.18% of the issued and outstanding common shares of the Issuer. As a result of the acquisition of securities described above, … Read More

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PENTANOVA ENERGY CORP. IS PLEASED TO ANNOUNCE THAT IT HAS CLOSED ITS PREVIOUSLY ANNOUNCED ACQUISITION (THE “ACQUISITION”) OF PATAGONIA OIL CORP

August 9, 2017

VANCOUVER, Aug. 9, 2017 /CNW/ – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), is pleased to announce that it has closed its previously announced acquisition (the “Acquisition”) of Patagonia Oil Corp. by way of Plan of Arrangement, including the acquisitions of the various oil and gas interests in Argentina by Patagonia, as described in the … Read More

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PENTANOVA ENERGY CORP. CLOSES $16.5M FINANCING

August 1, 2017

VANCOUVER, Aug. 1, 2017 /CNW/ – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), is pleased to announce that it has closed its previously announced private placement of 20,625,000 subscription receipts at $0.80 per Subscription Receipt for gross proceeds of $16.5 million. Each subscription receipt will automatically exchange into a unit (the “Units”) of the Company … Read More

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A NEW ENERGY START-UP WITH THE GOAL OF BECOMING THE LEADING HEAVY OIL PRODUCER IN ARGENTINA, IS PLEASED TO ANNOUNCE THAT ITS COMMON SHARES WILL RESUME TRADING ON THE TSX VENTURE EXCHANGE

July 28, 2017

VANCOUVER, July 28, 2017 /CNW/ – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), a new energy start-up with the goal of becoming the leading heavy oil producer in Argentina, is pleased to announce that its common shares will resume trading on the TSX Venture Exchange effective at the open on Monday, July 31, 2017. The … Read More

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PENTANOVA ENERGY CORP. (THE “COMPANY”) (TSXV: PNO) IS PLEASED TO PROVIDE AN UPDATE ON THE ACQUISITION OF 100% OF THE SHARES OF PATAGONIA OIL CORP.

July 24, 2017

VANCOUVER, July 24, 2017 /CNW/ – PentaNova Energy Corp. (the “Company”) (TSXV: PNO) is pleased to provide an update on the acquisition of 100% of the shares of Patagonia Oil Corp. Patagonia is a private British Virgin Islands company focused on oil and gas plays in Argentina. Patagonia has renegotiated certain of its agreements to … Read More

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PENTANOVA ENERGY CORP. – SHARE ISSUANCE TO MULTISERVICIOS

July 18, 2017

VANCOUVER, July 18, 2017 /CNW/ – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), In accordance to the MSPA Compliance and Fulfilment Agreement dated April 28, 2017 with Multiservicios RJT S.A.S. (“Multiservicios), the Company has amended the terms of payment to Multiservicios in respect of the Maria Conchita project whereby the Company has agreed to make … Read More

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PENTANOVA ENERGY CORP. ANNOUNCES NAME CHANGE

June 5, 2017

VANCOUVER, June 5, 2017 /CNW/ – PentaNova Energy Corp. (the “Company”) (TSXV: PNO), announces that it has changed its name from PMI Resources Ltd. to “PentaNova Energy Corp.” and has continued its corporate jurisdiction to British Columbia from Alberta, all as approved by the shareholders of the Company at the Annual and Special meeting (the … Read More

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PMI RESOURCES LTD. PROVIDES UPDATE ON ACQUISITION OF PATAGONIA OIL CORP.

May 3, 2017

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, May 3, 2017 /CNW/ – PMI Resources Ltd. (“PMI” or the “Company“) (TSXV: PMI), is pleased to provide an update on the acquisition of 100% of the shares of Patagonia Oil Corp., a company incorporated and existing under the laws of the British Virgin … Read More

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PMI RESOURCES LTD. COMPLETES PENTANOVA ACQUISITION

April 5, 2017

VANCOUVER, April 5, 2017 /CNW/ – PMI Resources Ltd. (“PMI” or the “Company”) (TSXV: PMI), is pleased to announce that it has closed its acquisition of PentaNova Energy Corp. (the “Acquisition”), as previously disclosed by the Company on January 25 and February 10, 2017. In connection with the acquisition the Company issued an aggregate of … Read More

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PMI RESOURCES LTD. PROVIDES UPDATE ON PENTANOVA ACQUISITION

March 31, 2017

VANCOUVER, March 31, 2017 /CNW/ – PMI Resources Ltd. (“PMI” or the “Company”) (TSXV: PMI), is pleased to announce that it has received conditional approval from the TSX Venture Exchange for its proposed acquisition of PentaNova Energy Corp. (the “Acquisition”), as previously disclosed on January 25 and February 10, 2017. In addition, the Company’s Filing … Read More

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