Edition:
United States

PetroShale Inc (PSH.V)

PSH.V on TSX Venture Exchange

1.47CAD
--
Change (% chg)

-- (--)
Prev Close
$1.47
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
96,254
52-wk High
$1.50
52-wk Low
$0.50

Latest Key Developments (Source: Significant Developments)

PetroShale announces qtrly opertaing netbacks revenue $46.10/boe
Monday, 21 Aug 2017 07:00am EDT 

Aug 21 (Reuters) - PetroShale Inc :PetroShale announces financial and operating results for the second quarter of 2017.Says achieved average Q2 production of 2,571 boe per day, an increase of 51% from corresponding period in 2016.PetroShale Inc - Qtrly opertaing netbacks revenue $46.10/boe versus $38.58/boe.  Full Article

PetroShale appoints Mike Wood as president and CEO
Monday, 5 Jun 2017 07:00am EDT 

June 5 (Reuters) - PetroShale Inc -:PetroShale announces property acquisition, executive management and board changes and private placement.PetroShale Inc - Mike Wood has been appointed president and ceo of PetroShale .PetroShale Inc - Bruce Chernoff will continue as executive chairman of board of directors.PetroShale Inc - acquired an additional acreage position in south berthold core area for a purchase price of us$9.0 million.PetroShale Inc - acquisition funded through existing credit facilities and includes approximately 90 boe / day of existing production.PetroShale announces property acquisition, executive management and board changes and private placement‍​.  Full Article

PetroShale reports Q1 production of 3,213 boe/d, up 134 pct
Thursday, 25 May 2017 09:00am EDT 

May 25 (Reuters) - PetroShale Inc :PetroShale announces financial and operating results for first quarter 2017.PetroShale Inc qtrly production of 3,213 boe/d, a 134 percent increase over Q1 of 2016.PetroShale Inc - generated $7.6 million in funds flow from operations and $8.0 million of ebitda in Q1.  Full Article

Petroshale announces financial, operating and reserves update
Friday, 28 Apr 2017 09:00am EDT 

April 28 (Reuters) - Petroshale Inc :Petroshale announces financial, operating and reserves update and year ended December 31, 2016 results.Petroshale's current production is approximately 2,800 BOE per day, an increase of 50 pct from Q4 average.Year end 2016 P+P reserves increased to 31.5 million BOE, from 25.5 million BOE at December 31, 2015.NPV10 of year end P+P reserves increased to $399.5 million, a 29 pct increase over $308.7 million last year."Expect to see improved differentials between WTI and Bakken crude prices in 2017 due to commencement of operations of dakota access pipeline".  Full Article

PetroShale qtrly crude oil sales volumes 1,325 bbl/d vs 1,278 bbl/d
Friday, 28 Apr 2017 09:00am EDT 

April 28 (Reuters) - PetroShale Inc ::PetroShale announces financial, operating and reserves update and year ended December 31, 2016 results.PetroShale Inc - qtrly crude oil sales volumes 1,325 bbl/d versus 1,278 bbl/d.PetroShale Inc - qtrly natural gas and NGLS sales volumes 3,218 mcf/d versus 993 mcf/d.  Full Article

M. Bruce Chernoff acquires securities of Petroshale for about $40 mln
Tuesday, 11 Apr 2017 04:04pm EDT 

Bruce Chernoff : M. Bruce Chernoff acquires securities of Petroshale Inc. . Bruce Chernoff says deal for approximately $40 million .Bruce Chernoff says acquired shares were purchased at a price of $0.90 per share.  Full Article

Petroshale announces equity offering and amendments to its senior credit facility
Tuesday, 21 Mar 2017 04:55pm EDT 

Petroshale Inc : Petroshale announces equity offering and amendments to its senior credit facility . Petroshale Inc says intends to use net proceeds of offering for debt repayment, its increased capital program . Petroshale Inc says has entered into an agreement with its lender under its senior secured revolving credit facility . Petroshale - marketed public offering of a minimum of 77.8 million common voting shares and a maximum of 111.2 million shares . Petroshale Inc says agreement to provide for an increase in borrowing base and credit available thereunder to US$30.9 million . Petroshale Inc - offering of a minimum of 77.8 million common voting shares, maximum of 111.2 million shares, each at a price of $0.90 per share .Petroshale Inc says agreement also extends revolving term of senior credit facility to February 28, 2018.  Full Article

PetroShale says will re-file its financial statements for certain periods
Thursday, 16 Mar 2017 06:00pm EDT 

Petroshale Inc : Petroshale announces re-filing of financial statements and management discussion and analysis . Petroshale - will re-file its financial statements for fy ended dec 31, 2015 ,its financial statements for interim periods ended sept 30, 2016,2015 . Petroshale -amendments in respect of non-cash item, do not affect co's cash position, balance sheet, income statement or net loss for noted periods .Petroshale-Re-Filing due to determination to re-classify deferred finance expenses between operating activities,financing activities in cash flow statements.  Full Article

Petroshale announces significant production increase
Tuesday, 17 Jan 2017 07:00am EST 

Petroshale Inc : PetroShale announces significant production increase . PetroShale Inc - current working interest production is approximately 4,000 boe/d, compared to an average of 1,540 boe/d in Q3 of 2016 .PetroShale- Eog's adjacent well, in which co has 18.8pct working interest, has produced over 635,000 boe during its first 18 months of production.  Full Article

Petroshale says Q3 avg production 1,540 boe/d
Monday, 21 Nov 2016 05:30pm EST 

Petroshale Inc : Petroshale Inc- average production in q3 was 1,540 boe/d. . Petroshale Inc- plans to use incremental liquidity available from undrawn capacity on us$80 million subordinated loan to complete Q4 capital activity .Petroshale announces financial and operating results for third quarter 2016.  Full Article

BRIEF-PetroShale announces qtrly opertaing netbacks revenue $46.10/boe

* PetroShale announces financial and operating results for the second quarter of 2017