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2017 Press Releases

Manitok Energy Inc. Acquires Corinthian Oil Corp.

Manitok Energy Inc. is pleased to announce that it has completed its previously announced three-cornered amalgamation pursuant to an amalgamation agreement dated effective September 12, 2017 among the Corporation, Corinthian Oil Corp. and 2065718 Alberta Inc. a wholly owned subsidiary of Manitok.

Date:
Wednesday, September 20, 2017

Manitok Energy Inc. And Corinthian Oil Corp. Enter Into Definitive Amalgamation Agreement

Manitok Energy Inc. is pleased to announce that it has entered into a definitive amalgamation agreement with Corinthian Oil Corp. and 2065718 Alberta Inc., a wholly owned subsidiary of Manitok, dated effective September 12, 2017 to acquire all of the issued and outstanding shares of Corinthian.

Date:
Wednesday, September 13, 2017

Manitok Energy Inc. Announces Financial Results For The Second Quarter Of 2017

Manitok Energy Inc. announces its financial and operating results for the second quarter of 2017. The full text of Manitok's second quarter results are contained in its unaudited and unreviewed condensed interim consolidated financial statements as at and for the three and six months ended June 30, 2017 and the related management's discussion and analysis, copies of which are available electronically on Manitok's profile on the System for Electronic Document Analysis and Retrieval at www.seda...

Date:
Wednesday, August 30, 2017

Questfire Energy Corp. Announces Shareholder and Final Court Approval of the Strategic Combination with Manitok Energy Inc.

Questfire Energy Corp. is pleased to announce that the previously announced acquisition by Manitok Energy Inc. of all the issued and outstanding common shares of Questfire pursuant to a plan of arrangement under the Business Corporations Act has been approved by the holders of Questfire Shares and the Court of Queen’s Bench of Alberta.

Date:
Tuesday, August 22, 2017

Manitok Energy Inc. and Questfire Energy Corp. Announces Results of Interim Order Application on Previously Announced Strategic Combination

Manitok Energy Inc. and Questfire Energy Corp. are pleased to announce that further to their previously announced acquisition by Manitok of all the issued and outstanding common shares of Questfire pursuant to a plan of arrangement under the Business Corporations Act (Alberta) on July 7, 2017, Questfire has been granted an interim order authorizing, among other things, the holding of an annual and special meeting of the holders of Questfire Shares at which Questfire Meeting the Questfire Sha...

Date:
Wednesday, July 19, 2017

Expander Receives Alberta Energy Regulator Approval To Build Canada’s First Commercial Gas To Liquids Plant

James Ross, CEO of Expander Energy Inc., is pleased to announce that Expander has received Alberta Energy Regulator approval to build and operate Canada’s first commercial gas to liquids plant. Expander, through its subsidiary, Rocky Mountain GTL Inc., intends to build the Enhanced GTL plant at Carseland, Alberta to process ~5.0 MMscfe/d of natural gas and natural gas liquids into 500 bbl/d of paraffinic synthetic diesel and naphtha. This plant will incorporate a number of Expander enhancemen...

Date:
Wednesday, July 12, 2017

Manitok Energy Inc. Announces Strategic Combination With Questfire Energy Corp. to Form Canada's Newest Intermediate Energy Producer with Greater Than 10,000 boe/d of Production

Manitok Energy Inc. and Questfire Energy Corp. are pleased to announce that on July 5, 2017 they have entered into a definitive agreement providing for the acquisition by Manitok of all the issued and outstanding common shares of Questfire pursuant to a plan of arrangement under the Business Corporations Act.

Date:
Friday, July 07, 2017

Manitok Energy Inc. And Craft Oil Ltd. Announce Closing Of Arrangement

Manitok Energy Inc. and Craft Oil Ltd. are pleased to announce that the previously announced plan of arrangement under the Business Corporations Act involving Manitok, Craft and the holders of class "A" common shares of Craft was completed on June 6, 2017. The Arrangement was approved at the special meeting of Craft Shareholders held on June 5, 2017 and the final order regarding the Arrangement was granted by the Court of Queen's Bench of Alberta on June 6, 2017.

Date:
Thursday, June 08, 2017

Manitok Energy Inc. Announces Financial Results For The First Quarter Of 2017

Manitok Energy Inc. announces its financial and operating results for the first quarter of 2017 and provides an operational update. The full text of Manitok's first quarter results are contained in its unaudited condensed interim consolidated financial statements as at and for the three months ended March 31, 2017 and the related management's discussion and analysis, copies of which are available electronically on Manitok's profile on the System for Electronic Document Analysis and Retrieval ...

Date:
Wednesday, May 31, 2017

Manitok Energy Inc. Announces Amended Terms For The Lease Issuance And Drilling Commitment Agreement

Manitok Energy Inc. is pleased to announce amended terms of its Lease Issuance and Drilling Commitment Agreement with an Alberta based royalty company. Summary of the key terms of the revised Agreement are as follows: In the amended Agreement, Manitok has agreed to: the early surrender of approximately 148,000 acres of undeveloped leased lands located mostly in the northern end of the Entice block in Manitok's Beiseker and Strathmore areas and the payment of cash consideration of approximatel...

Date:
Wednesday, May 24, 2017

Manitok Energy Inc. Discloses Highlights From Year-End Reserves Report And Announces 2016 Year-End Financial Results.

Manitok Energy Inc. is pleased to provide highlights from its 2016 independent reserves evaluation and announce its financial results for the fiscal year-ended December 31, 2016. Sproule Associates Limited, Manitok's independent qualified reserves evaluator based in Calgary, Alberta, prepared a reserves estimation and economic evaluation effective December 31, 2016 in respect of Manitok's oil and natural gas properties.

Date:
Tuesday, May 02, 2017

Manitok Energy Inc. And Craft Oil Ltd. Enter Into Arrangement Agreement

Manitok Energy Inc. and Craft Oil Ltd. are pleased to announce that Manitok and Craft have entered into an arrangement agreement dated as of April 28, 2017. Under the terms of the Arrangement Agreement, Manitok will acquire all of the issued and outstanding common shares of Craft by way of a plan of arrangement under the Business Corporations Act for $6.6 million of common shares of Manitok at the Manitok Share Price (defined below). Craft's assets include approximately $3.5 million of net wo...

Date:
Monday, May 01, 2017

Manitok Energy Inc. Announces The Acquisition Of Natural Gas Production And Related Strategic Pipeline System And A Year Over Year First Quarter Production Increase Of 39%

Manitok Energy Inc. is pleased to announce that it has completed an acquisition from an Alberta based oil and gas company to acquire a 100% working interest in approximately 1.1 Mmcf/d (175 boe/d) of natural gas production, based on field estimates, in the Carseland, Alberta area (the "Acquisition"). In addition to the current production, the Acquisition includes 13 sections of developed P&NG rights to the base of the Belly River formation complete with full 3D seismic coverage, and approxima...

Date:
Thursday, April 27, 2017

Manitok Energy Inc. Announces Resignation Of Chief Operating Officer And Re-aligned Management Responsibilities

Manitok Energy Inc. announces the resignation of Cameron Vouri from his position of Vice President and Chief Operating Officer effective immediately. Mr. Vouri accepted the position as Manitok’s COO in September 2013 in order to assist the Corporation’s transition from a single core area operational focus to a multiple core area operational strategy. With the successful transition completed, Mr. Vouri resigned from his executive position so that he could pursue other ambitions. Manitok would ...

Date:
Thursday, January 05, 2017