Key Developments: Guardian Exploration Inc (GUEXF.PK)
0.00USD
10 May 2013
$-0.03 (-86.49%)
$0.03
$0.00
$0.00
$0.00
285
35
$0.05
$0.00
Latest Key Developments (Source: Significant Developments)
Guardian Exploration Inc Closes Asset Sale
Guardian Exploration Inc announced that it has closed its previously announced asset sale to Deckland Inc. (Deckland) a private company controlled by the CEO of Guardian, Graydon Kowal. Approximately half of the $2,240,646 sale amount had previously been received by Guardian by way of debts payable to Guardian Helicopters (a private company controlled by Mr. Kowal), and through loans from Deckland and Guardian Helicopters to the Company to fund its existing operations. The sale was approved by a majority of the disinterested shareholders at Guardian's AGM on August 2, 2012. Full Article
Guardian Exploration Inc Appoints Mike Dalton As Chief Financial Officer
Guardian Exploration Inc announced the engagement of Mr. Mike Dalton as the new Chief Financial Officer of the Company. Full Article
Compton Petroleum Corporation's Subsidiary And Guardian Exploration Inc.'s K2 America Corp. Announce Farmout And Joint Venture Agreement For 100% W.I. Montana Bakken Lands
Compton Petroleum Corporation announced the signing of a farmout and joint venture agreement (the Agreement) between a wholly owned subsidiary of Compton and K2 America Corp. (K2), a wholly owned subsidiary of Guardian Exploration Inc. on its Montana Bakken property. The Agreement relates to Compton's holdings located in the northern part of Montana, approximately 80 miles south of the Canada-US border. The farmout joint venture will cover all of Compton Petroleum's 79,000 net acres, granting K2 the ability to earn a 50% interest in this area by incurring capital expenditures on the exploration and development of the property. Compton will retain a 50% working interest in the area without incurring any capital expenditure commitments. K2 has committed to completion of a survey program at a minimum cost of $2.0 million on or before July 31, 2012, consisting of a combination of 2D/3D seismic, airborne geophysical surveys and geochemical imaging on the lands. Full Article
Guardian Exploration Inc Acquires Land In Jenner Area Of Alberta
Guardian Exploration Inc announced the successful acquisition of 3,360 acres from the Alberta Crown and another 320 acres from a Calgary based energy company, in the Jenner area of Southern Alberta targeting Pekisko oil. The Company acquired these leases based on a geological evaluation of the area and production from an offsetting well that has already produced over 35,000 barrels of oil since coming on stream in November 2010. The Company intends to drill at least one well before year-end and from its current evaluation has identified a minimum of 4 well locations. Financial terms of the transaction wer not disclosed. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
