Core Viewpoint - Crown Point Energy Inc. has successfully issued US$30 million in Series IX secured fixed-rate notes, which will be repaid in ten equal installments starting from October 30, 2026, with a fixed interest rate of 10.75% per annum [1][4]. Group 1: Offering Details - The Series IX Notes will be repaid in ten equal installments, with the final payment due on January 30, 2029 [1]. - Interest on the Series IX Notes is set at a fixed rate of 10.75% per annum, payable quarterly [1]. - The notes are secured by a pledge on crude oil sales collections from specific concessions: El Tordillo, Puesto Quiroga, and La Tapera [1]. Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated for general corporate purposes and investments in asset development in Argentina [2]. Group 3: Outstanding Notes - Following the Offering, Crown Point has several notes outstanding, including US$1,780,058 of Series V Notes, US$22 million of Series VI Notes, US$25 million of Series VII Notes, and the newly issued US$30 million of Series IX Notes [4]. Group 4: Company Overview - Crown Point is an international oil and gas exploration and development company based in Buenos Aires, Argentina, and incorporated in Alberta, Canada [5]. - The company focuses its exploration and development activities in four producing basins in Argentina: Golfo San Jorge, Austral, Neuquén, and Cuyano [5].

Core Viewpoint - BluEnergies Ltd. has entered into a joint study and application agreement with TotalEnergies SE to explore the Harper Basin's deep water fan play offshore Liberia, aiming to unlock its prospective potential [1][2]. Group 1: Joint Study and Application Agreement (JSAA) - The JSAA aims to establish economically viable drillable prospects within blocks LB-26, LB-30, and LB-31, with plans to apply for production sharing contracts [2]. - A budget has been committed for an 18-month work program that includes advanced seismic reprocessing and sea bottom data acquisition to evaluate hydrocarbon potential [2][6]. Group 2: New Reconnaissance License - A new Reconnaissance License LPRA-003 has been established, covering 8,924 km² (~2.2 million acres) of contiguous blocks [3]. - The license replaces the previous RL-002 and allows for recoverable reconnaissance expenditures under future production sharing contracts [6]. Group 3: Financial Commitments and Historical Context - Under RL-002, the company spent US$1,862,000 (CA$2,570,000) against a minimum expenditure requirement of US$1,600,000 [6]. - The company has delineated seven large-scale discrete Cretaceous aged basin floor fans based on a 3-D seismic survey acquired from TGS [3][5].

Wilton Resources Inc. (CVE:WIL – Get Free Report)’s share price traded up 29.5% during mid-day trading on Friday . The company traded as high as C$0.29 and last traded at C$0.29. 494,161 shares changed hands during trading, an increase of 871% from the average session volume of 50,892 shares. The stock had previously closed at C$0.22.Wilton Resources Stock PerformanceThe business has a 50-day moving average of C$0.34 and a 200-day moving average of C$0.48. The stock has a market capitalization of C$21.61 mi ...

Wilton Resources Inc. (CVE:WIL – Get Free Report) traded up 29.5% on Friday . The company traded as high as C$0.29 and last traded at C$0.29. 494,161 shares were traded during trading, an increase of 871% from the average session volume of 50,892 shares. The stock had previously closed at C$0.22.Wilton Resources Stock PerformanceThe firm has a 50 day moving average price of C$0.34 and a two-hundred day moving average price of C$0.48. The company has a market capitalization of C$21.61 million, a P/E ratio of ...

CALGARY, Alberta, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Crown Point Energy Inc. (TSX-V: CWV) ("Crown Point" or the "Company") is pleased to announce that its board of directors (the "Board") has appointed Dr. Brian Moss as the Interim President and CEO of the Company. Brian has been a director of Crown Point since December 2017 and also served as a director from May 2012 to April 2015. In addition, Brian served as Crown Point's President and CEO from November 2016 to February 2022. Brian will serve in these rol ...

Core Insights - Trio Petroleum Corp has received confirmation from the Alberta Energy Regulator that it meets all eligibility requirements for acquiring and holding energy licenses and approvals in Alberta, marking a significant step in its expansion plans [1][2]. Company Overview - Trio Petroleum Corp is an oil and gas exploration and development company operating in California, Saskatchewan, and Utah [2]. - The company has identified numerous energy assets in Alberta, indicating a strategic focus on expanding its operations in this region [2].

Company Leadership Change - Gabriel Obrador has resigned as President, CEO, and director of Crown Point Energy Inc. to pursue other opportunities [1] - The Board of Directors has initiated a search for a qualified candidate to replace Mr. Obrador [1] - Marisa Tormakh (VP, Finance and CFO) and Hermann Steinbuch (VP, Operations of Crown Point Energia S.A.) will temporarily fulfill the CEO's duties [1] Company Overview - Crown Point Energy Inc. is an international oil and gas exploration and development company headquartered in Buenos Aires, Argentina, and incorporated in Canada [3] - The company trades on the TSX Venture Exchange and operates in Argentina, focusing on four producing basins: Golfo San Jorge, Austral, Neuquén, and Cuyo [3]

Core Viewpoint - Barnwell Industries, Inc. is focused on moving forward without distractions to drive value for all shareholders amidst a proxy contest initiated by Ned Sherwood and his affiliated entities [1]. Group 1: Proxy Contest Developments - Glass Lewis & Co., a leading independent proxy advisory firm, has deemed the removal of Barnwell's incumbent director nominees as unwarranted, supporting the current Board's track record and strategic direction [2]. - The Board emphasizes its commitment to avoiding prolonged conflict and unnecessary costs, expressing openness to constructive discussions with Mr. Sherwood to seek an amicable resolution [3]. Group 2: Company Strategy and Performance - Barnwell is executing a clear strategy aimed at driving value, improving performance, and maintaining the trust of long-term stockholders [4]. - The company remains committed to responsible stewardship and aims to avoid wasteful disputes while seeking productive resolutions [3]. Group 3: Company Overview - Barnwell Industries, Inc. and its subsidiaries are primarily engaged in oil and natural gas exploration and development [5].