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BlueFire Equipment Corp (BLFR) Enters into a Binding Letter Agreement with Resource Rock Exploration, LLC. to Increase Oil Production

Retrieved on: 
Thursday, October 26, 2023
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Woodlands, TX., Oct. 26, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, enters into a binding Letter Agreement with Resource Rock Exploration, LLC.

Key Points: 
  • Woodlands, TX., Oct. 26, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, enters into a binding Letter Agreement with Resource Rock Exploration, LLC.
  • (“Resource Rock”) to increase oil production as part of the six month plan mentioned during the third week of October 2023 .
  • Resource Rock was a Kayne Anderson portfolio company with a financial commitment from Kayne Anderson Energy Fund VII and Fund VIII for $100 million, respectively.
  • Resource Rock, based in Houston, TX, is focused on acquiring and developing oil and gas properties.

CGX Energy and Frontera Energy Announce Extensions of Previous Loan and JOA Amendment Agreements to November 30, 2022

Retrieved on: 
Monday, October 3, 2022
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The parties entered into the JOA Amendment to, amongst other matters, increase Frontera's participating interest in the Corentyne block in exchange for Frontera providing certain funding.

Key Points: 
  • The parties entered into the JOA Amendment to, amongst other matters, increase Frontera's participating interest in the Corentyne block in exchange for Frontera providing certain funding.
  • The transactions described herein between Frontera and CGX are related party transactions under Multilateral Instrument 61-101 but are exempt from the obligations to obtain a formal valuation and approval from a minority of shareholders.
  • Nevertheless, CGX obtained a formal valuation for the Corentyne block in connection with the JOA Amendment, in accordance with TSX Venture Exchange requirements.
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Marksmen Announces Southeast Ohio Drilling Opportunity and Operational Update

Retrieved on: 
Tuesday, September 21, 2021
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CALGARY, Alberta, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (Marksmen or the Company) (TSXV: MAH) (OTCQB: MKSEF) is pleased to announce the following:

Key Points: 
  • CALGARY, Alberta, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (Marksmen or the Company) (TSXV: MAH) (OTCQB: MKSEF) is pleased to announce the following:
    Southeast Ohio Drilling Opportunity Marksmen has entered into a Joint Operating Agreement with David R. Hill, Inc., a long established, large Ohio oil and gas operating company, to drill a well in southeast Ohio.
  • Based on the 3D seismic available to Marksmen, there is an expectation of a multi-well development program.
  • Mr. Joseph Smith, a professional geologist, Master of Science from Ohio University, has been instrumental in developing this drilling opportunity.
  • Marksmen does not undertake to update any forward-looking information except in accordance with applicable securities laws.