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Trio approved by Alberta Energy Regulator to acquire and hold energy licences.
Globenewswire· 2025-10-09 12:00
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].
Crown Point Announces Resignation of CEO
Globenewswire· 2025-07-31 22:00
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]
Barnwell Industries Reiterates Willingness to Amicably Resolve Proxy Contest with Ned Sherwood
Prnewswire· 2025-04-30 16:45
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].