CA Market News
2月前
Westbridge Renewable Announces Voting Results and Completion of ContinuationApril 8, 2026 7:00 AM
PR Newswire (US)
LUXEMBOURG, April 8, 2026 /PRNewswire/ - Westbridge Renewable Energy S.A. (formerly Westbridge Renewable Energy Corp.) (the "Company") (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) is pleased to announce the voting results of the Company's annual and special meeting of shareholders (the "Meeting") held on April 7, 2026 to approve the continuation of the Company out of the Province of British Columbia to the Grand Duchy of Luxembourg with continuation of the Company's legal personality as a public limited company (société anonyme) under the name Westbridge Renewable Energy S.A. and, consequently, the change of the nationality of the Company (the "Continuation"), as well as certain ancillary resolutions (collectively, the "Resolutions").
A total of 14,477,633 common shares were represented in person or by proxy at the Meeting, constituting approximately 55.26% of the Company's total issued and outstanding common shares as of the record date for the Meeting. All Resolutions presented to the Meeting were approved with over 99% votes in favour of each.The Continuation was approved by the Company's shareholders at the Meeting and became effective April 8, 2026. Details of the Continuation are more particularly set out in the Company's Circular, available under the Company's profile on SEDAR+ at www.sedarplus.ca.The TSX Venture Exchange ("TSXV") has conditionally approved the Continuation. In connection with the Continuation, the Company's name has changed from "Westbridge Renewable Energy Corporation" to "Westbridge Renewable Energy S.A.", which formal name change remains subject to final TSXV approval.The Company's common shares are expected to continue trading on the TSXV, OTCQX and the Frankfurt Stock Exchange under their existing trading symbols, subject to final exchange approvals. The Company intends to remain a Canadian reporting issuer.Election of new independent directorsThe Company also welcomes new independent directors Riccardo del Tufo and Flora Nachawati to the Board. The election of Riccardo del Tufo and Flora Nachawati was approved at the Meeting.ON BEHALF OF THE BOARD OF DIRECTORS
Stefano Romanin
Chief Executive OfficerAbout Westbridge Renewable EnergyWestbridge originates, develops, operates and monetizes best-in-class, utility-scale solar PV projects, stand-alone battery energy storage projects and other clean energy-focused development. The Company has a portfolio of projects in four key jurisdictions: Canada, the U.S., the U.K. and Italy. Westbridge delivers attractive, long-term returns by originating and developing an international portfolio of renewable energy assets to support increasing demand for energy and grid reliability. Management brings a strong track-record with a cumulative 40+ development projects worldwide. As one of very few listed, pure-play international solar and BESS development companies, Westbridge provides investors with access to greenfield solar and energy storage projects at the earliest stage of development, allowing them to benefit from the full development value chain. Westbridge aims to deliver renewable energy and energy storage solutions to support increasing electricity demand and grid reliability in the jurisdictions in which it operates.For more information, please visit: www.westbridge.energy | Twitter | LinkedInNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Statements Certain information set forth in this document contains forward-looking information and statements including, without limitation, statements regarding the Continuation, the anticipated benefits of the Continuation, the Company's ability to obtain all necessary approvals for the Continuation, including the final approval of the TSXV. Forward-looking information also includes management's assessment of future plans and operations. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future, and should not be relied upon for any other purpose. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project", "potential", "will", "may", "could", "should", or similar words suggesting future outcomes or statements regarding future performance and outlook. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them, as actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to: the Company's ability to complete licensing and interconnection processes; availability of capital and financing on acceptable terms or at all; risks relating to general business, economic, competitive, regulatory, policy and social uncertainties; changes in laws or market conditions; and the risks identified under the headings "Risk Factors" in the Company's annual management's discussion & analysis dated November 30, 2025, and other disclosure documents available on the Company's profile on SEDAR+ at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, except as required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/westbridge-renewable-announces-voting-results-and-completion-of-continuation-302736620.htmlSOURCE Westbridge Renewable Energy Corp.
Original: Westbridge Renewable Announces Voting Results and Completion of Continuation
CA Market News
3月前
Westbridge Renewable Energy Corp. Announces Planned Continuation to LuxembourgMarch 12, 2026 7:45 PM
PR Newswire (US)
CALGARY, AB, March 12, 2026 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") today announced its intention to change its corporate domicile from the Province of British Columbia, Canada to the Grand Duchy of Luxembourg ("Luxembourg") under a new name, Westbridge Renewable Energy S.A. (the "Continuation").
The Continuation is expected to be effective on April 8, 2026 and is subject to shareholder and regulatory approvals, including approval of the TSX Venture Exchange ("TSXV"). The Company's common shares are expected to continue trading on the TSXV, OTCQX and Frankfurt Stock Exchange under their current trading symbols, subject to exchange approval. The Company intends to remain a Canadian reporting issuer.Strategic Rationale for the ContinuationFollowing a comprehensive review of strategic alternatives and capital markets positioning, the Board of Directors has determined that the Continuation to Luxembourg will better align the Company's legal domicile with the growing international nature of its shareholder base, the increasing geographical diversification of its portfolio and the Company's long-term capital markets and strategic development objectives.Legal Structure Following ContinuationUpon completion of the Continuation, the Company will cease to be governed by the Business Corporations Act (British Columbia) and will become a Luxembourg public limited company (société anonyme).The Company anticipates changing its name from "Westbridge Renewable Energy Corp." to "Westbridge Renewable Energy S.A.", subject to confirmation of name availability with the Luxembourg Trade and Companies Register (Registre de Commerce et des Sociétés – Luxembourg).The Continuation will not affect:the continuity of the Company's business operations;the Company's ownership of its renewable energy and data infrastructure assets;the listing status of its common shares (subject to exchange approvals); orthe rights of shareholders, other than as required to reflect Luxembourg corporate law.Shareholder Approval and Next StepsThe Continuation is subject to approval by shareholders, as well as approval by the TSXV and satisfaction of applicable regulatory requirements.The annual and special meeting of shareholders of the Company will be held on April 7, 2026 at 9:30 a.m. (Toronto time) / 2:30 p.m. (Central European Time) (the "Meeting") to, among other things, approve the Continuation.For additional information about the Meeting, please refer to the management information circular, which will be available on the Company's SEDAR+ profile at www.sedarplus.ca.ON BEHALF OF THE BOARD OF DIRECTORSStefan RomaninChief Executive OfficerAbout Westbridge Renewable EnergyWestbridge originates, develops, operates and monetizes best-in-class, utility-scale solar PV projects, stand-alone battery energy storage projects and other clean energy-focused development. The Company has a portfolio of projects in four key jurisdictions: Canada, the U.S., the U.K. and Italy. Westbridge delivers attractive, long-term returns by originating and developing an international portfolio of renewable energy assets to support increasing demand for energy and grid reliability. Management brings a strong track-record with a cumulative 40+ development projects worldwide. As one of very few listed, pure-play international solar and BESS development companies, Westbridge provides investors with access to greenfield solar and energy storage projects at the earliest stage of development, allowing them to benefit from the full development value chain. Westbridge aims to deliver renewable energy and energy storage solutions to support increasing electricity demand and grid reliability in the jurisdictions in which it operates.For more information, please visit: www.westbridge.energy | Twitter | LinkedInNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Statements Certain information set forth in this document contains forward-looking information and statements including, without limitation, statements regarding the Continuation, the anticipated benefits of the Continuation, the Company's ability to complete the Continuation, the timing for completing the Continuation, the Company's ability to obtain all necessary approvals for the Continuation, including the approvals of the shareholders and the TSXV, holding a special meeting of sharheholders, the continued trading of the Company's common shares on the TSXV and expansion of project territories. Forward-looking information also includes management's assessment of future plans and operations. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future, including project milestone progress at Fontus, and should not be relied upon for any other purpose. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project", "potential", "will", "may", "could", "should", or similar words suggesting future outcomes or statements regarding future performance and outlook. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them, as actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to: the Company's ability to complete licensing and interconnection processes; availability of capital and financing on acceptable terms or at all; risks relating to general business, economic, competitive, regulatory, policy and social uncertainties; changes in laws or market conditions; and the risks identified under the headings "Risk Factors" in the Company's annual management's discussion & analysis dated November 30, 2024, and other disclosure documents available on the Company's profile on SEDAR+ at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, except as required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/westbridge-renewable-energy-corp-announces-planned-continuation-to-luxembourg-302712964.htmlSOURCE Westbridge Renewable Energy Corp.
Original: Westbridge Renewable Energy Corp. Announces Planned Continuation to Luxembourg
CA Market News
3月前
Westbridge Completes Vertical Short Form AmalgamationMarch 10, 2026 5:46 PM
PR Newswire (US)
TORONTO, March 10, 2026 /PRNewswire/ - Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to announce that it has completed a vertical short form amalgamation with its wholly owned subsidiary, Westbridge Renewable Energy Holding Corp. effective as of March 10, 2026.
The amalgamation of the Company and its subsidiary was undertaken to simplify the corporate structure of the Company and to reduce administrative costs.No securities of the Company will be issued in connection with the amalgamation, and the Company's share capital will remain unchanged. All of the issued and outstanding shares of the subsidiary will be cancelled, and the assets, liabilities and obligations of the subsidiary will be assumed by Westbridge. The amalgamation will not have any significant effect on the business and operations of the Company, and the common shares of the Company will continue to be listed on the TSX Venture Exchange.About Westbridge Renewable EnergyWestbridge originates, develops, operates and monetizes best-in-class, utility-scale solar PV projects, stand-alone battery energy storage projects and other clean energy-focused development. The Company has a portfolio of projects in four key jurisdictions: Canada, the U.S., the U.K. and Italy. Westbridge delivers attractive, long-term returns by originating and developing an international portfolio of renewable energy assets to support increasing demand for energy and grid reliability. Management brings a strong track-record with a cumulative 40+ development projects worldwide. As one of very few listed, pure-play international solar and BESS development companies, Westbridge provides investors with access to greenfield solar and energy storage projects at the earliest stage of development, allowing them to benefit from the full development value chain. Westbridge aims to deliver renewable energy and energy storage solutions to support increasing electricity demand and grid reliability in the jurisdictions in which it operates.For more information, please visit: www.westbridge.energy | Twitter | LinkedInNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Statements Certain information set forth in this document contains forward-looking information and statements including, without limitation, management's business strategy, and management's assessment of future plans and operations. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project", "potential" or similar words suggesting future outcomes or statements regarding future performance and outlook. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include risks and uncertainties relating to the prospectivity of the Company's interests and the Company's ability to obtain regulatory approval or at all. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/westbridge-completes-vertical-short-form-amalgamation-302710103.htmlSOURCE Westbridge Renewable Energy Corp.
Original: Westbridge Completes Vertical Short Form Amalgamation
TechKim
15年前
Westbridge to Transition to IFRS Terminates Registration in USWestbridge Energy Corporation
WEB 5/26/2010 6:40:00 PMVANCOUVER, British Columbia, May 26, 2010 (BUSINESS WIRE) --
Westbridge Energy Corporation TSX-V: WEB (OTCBB:WEGYF)
http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=7753360
Westbridge Energy Corporation ("Company"), as part of its efforts to transition to International Financial Reporting Standards ("IFRS") as required under Canadian policies, intents to voluntarily terminate the registration of its common shares (the "Termination") under the United States Securities Exchange Act of 1934 (the "1934 Act"). The Company intends to file a Form 15F with the United States Securities and Exchange Commission, and its reporting obligations under the 1934 Act, including Form 6-K and Form 20-F (which necessitates reconciliation to US Accounting Standards), will be suspended immediately upon filing. The Termination will become effective 90 days thereafter. Although the Company believes it has obtained substantial benefits through its SEC registration, the current economic environment has caused the Company to review all of its expenditures and the Company will focus its efforts on the changeover to IFRS.
The Company is current with all reporting requirements under the Securities Exchange Act of 1934 and is not currently listed on any U.S. exchange. The Company's common shares will continue to trade in Canada on the TSX Venture Exchange under the symbol "WEB".
The Company continues to review various opportunities to participate in oil & gas exploration and development projects.
ON BEHALF OF THE BOARD Mr. Martin Cotter, President & Director
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Westbridge Energy Corporation
Westbridge Energy Corporation Corporate Mr. Martin Cotter, 866-939-2555 President & Director
Copyright Business Wire 2010
TechKim
15年前
SEC charges Alternate Energy with fraud
http://news.yahoo.com/s/ap/20101217/ap_on_bi_ge/us_nuclear_reactor_idaho
By TODD DVORAK, Associated Press Todd Dvorak, Associated Press – Thu Dec 16, 7:59 pm ET
BOISE, Idaho – The Securities and Exchange Commission charged an Idaho company on Thursday with fraudulently raising money from investors across the country and Asia to build a $10 billion nuclear power plant.
The SEC also asked a court to freeze the assets of Alternate Energy Holdings Inc. and its two top executives.
The federal financial regulators accusing the Eagle-based company of taking part in a scheme to enrich its chief executive at the expense of investors. Specifically, SEC investigators say AEHI manipulated its stock price, in part through a barrage of misleading public statements about the company and hiding the profits reported by CEO Donald Gillispie and a senior vice president Jennifer Ransom.
The SEC says it has records that Gillispie and Ransom secretly unloaded stock holdings and funneled the money back to Gillispie, enabling him this year to make six times the salary he reported to investors and spend lavishly on jewelry, cruises, a Maserati sports car and other items.
"In light of AEHI's ongoing efforts to raise funding while promoting itself through a daily deluge of press releases, we needed to take immediate action to get to the bottom of the company's misleading statements," said Marc Fagel, Director of the SEC regional office in San Francisco.
AEHI spokesman Dan Hamilton said the company's lawyers are reviewing the SEC complaint and declined to comment on the allegations.
Gillispie, 67, has been working for more than two years to raise money and nail down a location in southern Idaho to build a nuclear power plant.
Last week, the Payette County Planning and Zoning Commission recommended changing the zoning of a 5,000-acre tract from agricultural to industrial to accommodate the facility. That change still needs formal approval by the county board of commissioners.
Earlier this week, the SEC announced it had suspended trading of AEHI securities pending an investigation into the stock sales by executives.
The 17-page complaint filed Thursday in U.S. District Court in Boise accuses the company of raising millions of dollars from investors in Idaho, the nation and elsewhere with the help of misleading statements about viability of a company that "has no realistic possibility of building a multibillion dollar reactor." The SEC claims AEHI has tapped investors for at least $5 million so far this year.
SEC lawyers say the scheme had two components: promoters and press releases. When AEHI went public in 2006, Gillispie hired promoters to convince investors to snatch up restricted stock, then told promoters to enter sale orders at the end of certain trading days to drive up the value and volume to artificial levels, according to the complaint.
The complaint also targets a flurry of press releases alleged to contain false and misleading information. The complaint targets those claiming that no officer had sold stock.
But the SEC claims Ransom, 36, sold at least one million shares, then hid the sales from investors and the public and failed to file the proper SEC forms listing the sales. Gillispie is also accused of concealing sales of his shares and driving the profits into his own checkbook. Regulators claim AEHI reported to investors that Gillispie's 2010 compensation was $133,000, though agency officials claim his salary was actually six times that amount.
The SEC is also asking the judge to ban Gillispie from serving as an officer or head of any public company.
http://news.yahoo.com/s/ap/20101217/ap_on_bi_ge/us_nuclear_reactor_idaho
TechKim
16年前
Westbridge to Transition to IFRS Terminates Registration in USWestbridge Energy Corporation
WEB 5/26/2010 6:40:00 PMVANCOUVER, British Columbia, May 26, 2010 (BUSINESS WIRE) --
Westbridge Energy Corporation TSX-V: WEB (OTCBB:WEGYF)
http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=7753360
Westbridge Energy Corporation ("Company"), as part of its efforts to transition to International Financial Reporting Standards ("IFRS") as required under Canadian policies, intents to voluntarily terminate the registration of its common shares (the "Termination") under the United States Securities Exchange Act of 1934 (the "1934 Act"). The Company intends to file a Form 15F with the United States Securities and Exchange Commission, and its reporting obligations under the 1934 Act, including Form 6-K and Form 20-F (which necessitates reconciliation to US Accounting Standards), will be suspended immediately upon filing. The Termination will become effective 90 days thereafter. Although the Company believes it has obtained substantial benefits through its SEC registration, the current economic environment has caused the Company to review all of its expenditures and the Company will focus its efforts on the changeover to IFRS.
The Company is current with all reporting requirements under the Securities Exchange Act of 1934 and is not currently listed on any U.S. exchange. The Company's common shares will continue to trade in Canada on the TSX Venture Exchange under the symbol "WEB".
The Company continues to review various opportunities to participate in oil & gas exploration and development projects.
ON BEHALF OF THE BOARD Mr. Martin Cotter, President & Director
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Westbridge Energy Corporation
Westbridge Energy Corporation Corporate Mr. Martin Cotter, 866-939-2555 President & Director
Copyright Business Wire 2010
TechKim
16年前
Michigan report 431 barrels dated 10/01/09, Portrush, 22.55 working interest.
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Michigan report 456 barrels dated 09/01/09, Portrush, 22.55 working interest.
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Michigan report 426 barrels dated 08/01/09, Portrush, 22.55 working interest.
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Michigan report 455 barrels dated 07/01/09, 102 barrels are Portrush, 22.55 working interest.
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Michigan report 458 barrels dated 06/01/09, 103.5 barrels are Portrush, 22.55 working interest.
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Michigan report 498 barrels dated 05/01/09, 112 barrels are Portrush, 22.55 working interest.
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Michigan report 498 barrels dated 04/01/09, 112 barrels are Portrush, 22.55 working interest.
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Message In Reply To:
Michigan report 502 barrels dated 03/01/09, 112 barrels are Portrush, 22.55 working interest.
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Message In Reply To:
Michigan report 451 barrels dated 02/01/09, 101 barrels are Portrush, 22.55 working interest.
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Michigan report 485 barrels dated 01/01/09, 109 barrels are Portrush, 22.55 working interest.
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Michigan report 460 barrels dated 12/01/08, 103 barrels are Portrush, 22.55 working interest.
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Michigan report 521 barrels dated 11/01/08, 117 barrels are Portrush, 22.55 working interest.
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Michigan report 455 barrels dated 10/01/08, 102 barrels are Portrush, 22.55 working interest.
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Michigan report 608 barrels dated 09/01/08, 137 barrels are Portrush, 22.55 working interest.
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Message In Reply To:
Michigan report 551 barrels dated 08/01/08, 124 barrels are Portrush, 22.5% working interest.
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Michigan report 554 barrels dated 07/01/08, 125 barrels are Portrush, 22.5% working interest. DIRECT ENERGY MARKETING LTD is the operator.
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Message In Reply To:
Michigan report 578 barrels dated 06/01/08, 130 barrels are Portrush, 22.5% working interest.
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Message In Reply To:
Michigan report 722 barrels dated 04/01/08, 162.5 barrels are Portrush, 22.5% working interest. Oil sold for the 4/1/08 period though was 905 barrels. They must of been holding back in storage awaiting higher prices. So Portrush had revenue from 203.625 barrels times $140 = about $28,500 (estimate)
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Message In Reply To:
Michigan report 663 barrels dated 03/01/08, 150 barrels are Portrush, 22.5% working interest. month
The unit was inspected on 3/4/08. All is producing.
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Posted by: TechKim
In reply to: TechKim who wrote msg# 339 Date:4/15/2008 10:41:44 AM
Post #of 344
Michigan report 710 barrels dated 02/01/08, 160 barrels are Portrush, 22.5% working interest. month
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Message In Reply To:
Michigan report 647 barrels dated 01/01/08, 145 Barrels are portrush , 22.5% working interest.
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Message In Reply To:
Michigan report 643 barrels dated 12/01/07 (corrected)
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Message In Reply To:
Michigan report 643 barrels dated 12/01/07 (corrected date)
The Company has a 22.5% working interest in a prospect located in Michigan, U.S.A. per SEC filing. May 2007)
144.5 barrels oil are PRRPF's. 4.8 barrels a day PRRPF's
down about 147 barrels since last report.
recent inspection 10/9/07. The unit is in order.
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Message In Reply To:
Michigan report 790 barrels of oil produced 10/1/07
The Company has a 22.5% working interest in a prospect located in Michigan, U.S.A. per SEC filing. May 2007)
177.5 barrels of oil are Portrush's for the month. 5 to 6 barrels of oil a day.
Message In Reply To:
Michigan report 752 barrels of oil produced 9/1/07
The Company has a 22.5% working interest in a prospect located in Michigan, U.S.A. per SEC filing. May 2007)
169 barrels of oil are Portrush's for the month. 5 to 6 barrels of oil a day.
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Message In Reply To:
Michigan report 722 barrels of oil produced 8/1/07
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Message In Reply To:
Michigan produced 847 barrels of oil reporting 7/01/07.
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Message In Reply To:
Michigan produced 949 barrels of oil reporting 5/01/07. PRRPF has a 26% working interest. About 213 barrels go to PRRPF (7.1 barrels of oil a day/30 day total average).
(The Company has a 22.5% working interest in a prospect located in Michigan, U.S.A. per SEC filing. May 2007)
I think it use to be 26.5% working interest. It maybe that the company sold part of its working interest to another party.
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previous running posts below
955 barrels of oil, 4/1/07, Michigan report
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Previous post
919 Barrels of oil, 3/1/07 Michigan report
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Michigan production is downward again.
870 barrels of oil produced 02/01/2007
( This is getting alarming, to say the least)(
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previous posts below:
Michigan report, 944 barrels of oil produced 01/01/07.
Production in Michigan keeps slipping.
Michigan report, 1072 barrels of oil produced 12/01/06.
Nearly the same as 11/01/06 of 1112 barrels produced, and similiar to 10/1/06 -- 1137 barrels produced.
26% working interest PRRPF/PSH ( Michigan)
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previous post below:
Michigan produced 1112 barrels of oil reporting 11/01/06. PSH has a 26% working interest. About 290 barrels go to PSH (9.6 barrels of oil a day/30 day total average)
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PREVIOUS MICHIGAN POST
Portrush Michigan report 10/01/06 down 86% from its high 5/1/03!
Only produced 1137 barrels of oil. It is down 76 Barrels from 9/1/06. Portrush share is about 295 Barrels at 26% of the gross.
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5/1/03 --- 7741 Barrels
10/1/06 -- 1137
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6604 Production is down 6,604 Barrels, down 86%
Being that Portrush has a 26% working interest in the gross.
295 Barrels for Portrush 10/01/06