Pipestone Energy Corp -- ehemals Blackbird und Pennant schließen sich zusammen - passiert hier endli (Seite 13)

[Moneymaker78]

Pipestone Energy Corp. Reports First Quarter 2020 Results and Provides an Operations Update

...
FIRST QUARTER 2020 CORPORATE HIGHLIGHTS

Generated revenues, adjusted funds flow and net income of $32.0 million, $11.8 million and $15.5 million, respectively, during the three months ended March 31, 2020;

Despite unplanned third-party processing facility outages that lasted for approximately 22 days or 24% of the operating days during the quarter, production averaged 14,066 boe/d (comprised of 28% condensate and 38% total liquids) and;

Invested $29.2 million in Q1 2020 to further advance the development of its Pipestone project by bringing on production from 3 of 6 new wells at the 6-24 pad-site; drilling 6 wells at the 6-30 pad-site; and completion of additional in-field infrastructure to support future production. The Company’s forecasted 2020 spend is trending to the mid-point of its revised capital budget of $55 - $65 million, as it continued to realize efficiency gains and cost savings from drilling, completion, equipping and tie-in operations. The company estimates that approximately 95% of its forecast capital spending program has been completed by April 30, 2020.
...
Quelle: https://ml.globenewswire.com/Resource/Download/9fe5c744-cd3d…

[Gexe006]

Antwort auf Beitrag Nr.: 60.169.212 von Emssonne am 22.03.19 10:02:15

Das wüsste ich auch gerne, habe jetzt mal intensiv gegoogelt aber nichts gefunden.

[Emssonne]

Antwort auf Beitrag Nr.: 60.168.951 von Gexe006 am 22.03.19 09:44:19

Danke für Deine schnelle Antwort.
O.K., wie ich es verstanden habe, war s. Z. BBI mit 10 % an der Firma Stage (Privatfirma, wohl nicht borsennotiert) beteiligt, die ja eine
neue Horizontal-Technik bei einigen Bohrungen von BBI durchgeführt hat. Diese liefen aber teilweise
sehr schlecht.
Diese 10%-ige Beteiligung sollte ja vor der Fusion BBI und Pipestone OIl in Pipestone Energy
ausgegliedert werden, in eine Holding, und deshalb sollten alle Alt-Aktionäre von BBI eben im Verhältnis 1 : 1 eine Stage Holdco Aktie bekommen.
Die Pipestone Oil Corp. A, hat nach meiner Meinung eine WKN = A2PBWQ in Kanada = CA85255T1093,
ob diese WKN sich auf die alte Pipestone Oil Corp bezieht, bevor die Fusion von BBI zu nun PIPE erfolgte, oder ob diese WKN tatsächlich für die vorgesehene "STAGE HOLDCO" steht, diese aber erst eine Börsenzulassung beantragt hat und der Handel dann irgendwann mal erfolgt??
Wie und wo kann man da Infos bekommen??
Emssonne

[Gexe006]

Antwort auf Beitrag Nr.: 60.168.813 von Emssonne am 22.03.19 09:33:25

Da kann ich Dir leider auch nicht weiter helfen, ich befürchte aber, das wir die Pipestone Oil Corp / Stage Holdco nie handeln können. Würde mich zumindest nicht wundern, es sei denn Stage würde irgendwann mal eine Aktiengesellschaft und an die Börse gehen und wir bekämen dann die Aktien irgendwie getauscht. Aber echt ich habe keine Ahnung

Zu Stage findet man auch nicht sehr viele Informationen im Netz, ob die Technik oder wieviel sie eingesetzt wird. Bei unserem Glück gibt es die Firma irgendwann nicht mehr

[Emssonne]

Antwort auf Beitrag Nr.: 60.155.832 von Gexe006 am 20.03.19 21:56:47

Bewertung beim Umtausch von Blackbird in Pipestone Energy

Danke Gexe 006 für das Einstellen der Nachricht von PIPE.
Auf meine Frage vom 25. 01.2019 hat noch niemand geantwortet.
Sie befassen sich ja offensichtlich mit PIPE und können mir ggf. bezüglich meiner Frage weiterhelfen.
Die ins Depot eingebuchten "Pipestone Oil" werden ja nirgends gehandelt. Kommt da noch mal ein
börsentlicher Handel??
Ist der Name "Pipestone Oil" als Ersatz für die eigentlich angekündigten "Stage Holdco" Aktien,
weil der Umtausch von BBI Aktien in "Pipestone Oil" ja 1 : 1 war??
Würde mich sehr über eine Antwort/Aufklärung freuen.
Emssonne

[Gexe006]

Pipestone Energy Corp. Announces

Pipestone Energy Corp. Announces Progress On Its Development Program And A Significant Increase In The Value Of Its Reserves And Resources
Calgary, March 20, 2019 (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to provide an operational update as well as updated reserves and resources information effective as of January 4, 2019, which was the closing date of the amalgamation (the “Amalgamation”) of Pipestone Oil Corp. (“Pipestone Oil”) and Blackbird Energy Inc. (“Blackbird”). A conference call has been scheduled for Wednesday, March 20th at 9:00 a.m. Mountain Daylight Time (11:00 a.m. Eastern Daylight Time) for interested investors, analysts, brokers and media representatives.
“Pipestone Energy continues to successfully execute on its development program in 2019, which includes the construction of an integrated in-field gathering and third-party compression system, capable of supporting approximately 33,000 boe/d of sales production. We recently completed drilling the final well of a 7 well program on our 3-1 pad and are preparing to complete these wells in late spring. We have been extremely pleased with the drilling performance on this pad over the past few months as we have set several new operational milestones, including a new performance pacesetter on our final well. Pipestone Energy is well positioned to meet our 2019 exit production guidance of 14,000 – 16,000 boe/d,” stated Paul Wanklyn, Pipestone Energy President and Chief Executive Officer. “The capital efficiencies we achieved during the most recent drilling and completions activities in Q4 2018 and Q1 2019 has resulted in an 11% decrease in our well costs from $9.7 million to $8.6 million. With our large contiguous land position in the condensate-rich Pipestone Montney, committed access to processing infrastructure, product egress, and a strong balance sheet, we expect to deliver strong shareholder value.”
HIGHLIGHTS
Increased the net present value before tax, discounted at 10% (“NPV10%”) of Pipestone Energy’s Proved (“1P”) reserves from $554 million to $839 million, an increase of 51% since August 1, 2018
Increased the NPV10% of Pipestone Energy’s Proved + Probable (“2P”) reserves from $1,170 million to $1,394 million, an increase of 19% since August 1, 2018
Development program to achieve 2019 exit production of 14,000 – 16,000 boe/d is on-track and on-budget
Average final 24 hour test rate on all wells completed north of the Wapiti River of ~1,790 boe/d (45% condensate) based on raw gas and wellhead condensate production (excludes natural gas liquids) (1)
Infield operated gathering infrastructure project is 95% complete
(1) Based on the latest test results (16 tests) for each well as available (excludes initial test if the well has been subsequently retested)

mehr unter:
https://pipestonecorp.com/news/2019/3/20/pipestone-energy-co…


und dazu noch eine neue Präsentation:

https://static1.squarespace.com/static/5c083cd8aa49a1f2c0237…

[Emssonne]

Antwort auf Beitrag Nr.: 59.495.451 von Gexe006 am 22.12.18 09:59:18

Neue Bezeichnung für Blackbird ist nun "Pipestone Energy Corp"

Ein nicht so erfreutes "Hallo"
an alle bisherigen und ggf. noch investierten Aktienhalter dieser Firma.

Die Kursentwicklung seit dem "Merger" mit Pipestone ist ja miserabel.

Aber das nur nebenbei.

Kann mir jemand weiterhelfen? Ich komme mit dem Einbuchen der neuen Aktien
von nun Pipestone Energy (TSX: PIPE) nach der Umstellung in mein Depot nicht klar.
Hat jemand d i e s e n Umtausch mitgemacht??
Was wurde eingebucht??.

Bei mir hat man für 10 K ehemaliger BBI Stücke
eingebucht: 1 K Pipestone Energy Nr. CA 7241121077 zu einem Anschaffungspreis von
i n s g e s a m t 153,80 € und
10 K Pipestone Oil Corp.A Nr. CA 85255T1093 zu insgesamt Anschaffungskosten von
1.538,82 €.

Ist das so richtig?? Sollte nicht für eine BBI Aktie eine "Stage Holdco" Aktie gegeben werden als
"Spin off"? Die Zuordnung der Anschaffungskosten passen doch m. M. nach gar nicht, a b e r
meine Bank schreibt, daß das so richtig wäre.
Bin da ratlos und würde mich über eine Mitteilung von eimem Fachmann freuen.
Grüße
Emssonne

[Gexe006]

Q1 2019 Revenue: $7.4 million during the three months ended October 31, 2018; (84 dys of production)
Q1 2019 Operating Netback: $23.12/boe during the three months ended October 31, 2018;

Q4 Revenue: $5.3 million during the three months ended Jul 31, 2018 (53 dys of production)
Q4 Operating Netback: $29.94/boe during the three months ended Jul 31, 2018

Q3 Revenue: $6.4 million during the three months ended Apr 30, 2018 (62 dys of production)
Q3 Operating Netback: $27.28/boe during the three months ended Apr 30, 2018

Q2 Revenue: $3.4 million during the three months ended Jan 31, 2018 (55 dys of production)
Q2 Operating Netback: $28.75/boe during the three months ended Jan 31, 2018

Q1 2018 Revenue: $2.6 million during the three months ended October 31, 2017; (35 dys of production)
Q1 2018 Operating Netback: $14.37/boe during the three months ended October 31, 2017;

Keine Garantie auf Richtigkeit, hab ich aus dem Stockhouse Forum übernommen, danke MilitaryMan

[Gexe006]

First Quarter 2019 Financial and Operating Results Including Revenue of $7.4 Million

https://www.blackbirdenergyinc.com/news/blackbird-energy-inc…

Blackbird Energy Inc. Announces Record First Quarter 2019 Financial and Operating Results Including Revenue of $7.4 Million and Corporate Production of 1,736 boe/d

December 21, 2018 - Calgary, Alberta (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce its record financial and operational results for the quarter ended October 31, 2018. Blackbird’s unaudited condensed consolidated interim financial statements and related management’s discussion and analysis for the quarter ended October 31, 2018 are available on SEDAR at www.sedar.com and are also posted on Blackbird’s website at www.blackbirdenergyinc.com.
Highlights
Significant Exposure to High-Quality Liquids Supports Record Revenue: Blackbird achieved record revenue from its Pipestone / Elmworth project during the first quarter of 2019. The Company reported $7.4 million ($46.31/boe) of petroleum and natural gas sales during the three months ended October 31, 2018 which represents a 186% increase from the comparative three months ended October 31, 2017. Blackbird continues to realize the benefit of its significant liquids weighting with revenues being bolstered by realized condensate and oil prices of $76.57/bbl for the quarter. Approximately 72% of total revenues were attributable to the Company’s high-quality liquids production during the quarter.
Record Production of 1,736 boe/d: During the three months ended October 31, 2018, the Company achieved a record average total production rate of 1,736 boe/d comprised of 47% liquids. During the quarter, Blackbird produced 5.5 mmcf/d of natural gas, 723 bbls/d of condensate and oil, 98 bbls/d of NGLs and 2 boe/d of non-core production. The Company produced for approximately 84 days during the first quarter of 2019 compared to 92 total calendar days in the quarter (91% run-time) with limited third-party gas processing plant downtime experienced.
Strong Operating and Corporate Netbacks: Blackbird's operating and corporate netbacks* were $23.12/boe and $13.92/boe, respectively, for the first quarter of 2019. Stronger realized sales prices combined with reduced operating and general and administrative expenses on a per boe basis resulted in an improvement to the operating and corporate netbacks* of 61% and 530%, respectively, in the three months ended October 31, 2018 compared to the three months ended October 31, 2017.
Adjusted Funds Flow: The Company generated $2.2 million of adjusted funds flow* during the three months ended October 31, 2018.
Condensate & Oil Gas Ratio: The Company’s condensate & oil gas ratio (“CGR”) averaged 132 bbls/mmcf during the three months ended October 31, 2018 on its sales.
Total Liquids Gas Ratio: The Company’s total liquids gas ratio (“LGR”) averaged 150 bbls/mmcf during the three months ended October 31, 2018.
Capital Investment and Successful Drilling Program: Blackbird invested $11.4 million during the three months ended October 31, 2018, drilling 3 gross (3 net) Montney wells and furthering its infrastructure development north of the Wapiti River. All three wells were drilled from Blackbird’s 9-14-71-7W6 northern pad-site and implemented an extended reach lateral program. The Company drilled its 102/2-27-71-7W6 Upper Montney, 103/14-22-71-7W6 Upper Montney and 100/2-27-71-7W6 Middle Montney wells in an average of 24.5 days and with an average horizontal length of 3,031 meters. Subsequent to October 31, 2018, Blackbird moved its drilling rig east to the 12-36-70-6W6 pad to drill the 100/11-12-71-6W6 Middle Montney well. The drilling of the 100/11-12-71-6W6 well allows Blackbird to validate up to 20 sections of land while also delineating the Company’s unexplored northeastern acreage. The Company began ordering its long lead time equipment required for its Pipestone / Elmworth northern infrastructure development during the quarter. Blackbird expects that construction will commence on this project in January 2019.
Equity Financings: During the quarter the Company completed a non-brokered private placement consisting of 6,249,181 common shares issued on a “Canadian Development Expenses flow-through” basis (the “CDE Flow-Through Shares”) at a price of $0.37 per CDE Flow-Through Share and 16,000,000 common shares issued on a “Canadian Exploration Expenses flow-through” basis (the “CEE Flow-Through Shares”) at a price of $0.40 per CEE Flow-Through Share for total combined gross proceeds of $8.7 million.
Balance Sheet Strength Maintained: At October 31, 2018, Blackbird had working capital of $3.8 million, which included $11.7 million of cash and no bank debt. The working capital surplus combined with the undrawn loan facility provides Blackbird with approximately $23.0 million of future available funding* at October 31, 2018.
* See “Non-IFRS Measures” below.
The following table summarizes certain financial and operational figures, and should be read in conjunction with Blackbird's unaudited condensed consolidated interim financial statements and related MD&A for the quarter ended October 31, 2018:
(CDN$ thousands, except where otherwise noted)
Three months ended October 31
2018
2017
% Change
Financial
Petroleum and natural gas sales
7,397
2,582
186
Cash provided by (used in) operating activities
1,009
(2,114)
(148)
Net loss and comprehensive loss
(1,132)
(1,737)
(35)
Net loss per share - basic and diluted ($/share)
(0.00)
(0.00)
-
Working capital
3,759
21,317
(82)
Available funding(1)
23,041
22,317
3
Capital expenditures
11,368
29,241
(61)
Operating
Production



Condensate & oil (bbls/d)
723
328
120
NGLs (bbls/d)
98
30
227
Natural gas (mcf/d)
5,478
2,112
159
Non-core (boe/d)
2
2
-
Total (boe/d)
1,736
712
144
Liquids ratio (%)
47
50
(6)
Condensate & oil gas ratio (bbls/mmcf)
132
155
(15)
Total liquids gas ratio (bbls/mmcf)
150
170
(12)




Average Montney realized selling prices



Condensate & oil ($/bbl)
76.57
60.50
27
NGLs ($/bbl)
29.28
30.26
(3)
Natural gas ($/mcf)
4.04
3.44
17




Netbacks ($/boe)



Petroleum and natural gas sales
46.31
39.41
18
Royalties
(2.16)
(2.09)
3
Operating expenses
(6.27)
(10.62)
(41)
Transportation and processing expenses
(14.76)
(12.33)
20
Operating netback(1)
23.12
14.37
61
General and administrative expenses
(9.04)
(14.05)
(36)
Financing costs
(0.25)
-
-
Interest income
0.09
1.89
(95)
Corporate netback(1)
13.92
2.21
530
Note:
(1) See the Company’s Q1 2019 interim financial statements and related MD&A filed on SEDAR for further information regarding its calculation of “available funding”, "operating netback" and "corporate netback".
Outlook
On October 30, 2018, the Company announced that it had entered into an agreement with Pipestone Oil Corp. (“Pipestone Oil”) that provides for the strategic combination of Blackbird and Pipestone Oil (the “Transaction”).
On December 19, 2018, Blackbird held its special meeting of shareholders (the “Blackbird Shareholders”), at which the Transaction was approved by a majority of over 99% of votes cast. The Blackbird Shareholders also approved the continuance of Blackbird from British Columbia into Alberta (the “Continuance”), which is necessary for the Transaction to proceed as proposed. The Continuance was completed following the meeting, such that Blackbird is now an Alberta corporation governed by the Business Corporations Act (Alberta) ("ABCA").
The Transaction is structured as a court-approved arrangement under section 193 of the ABCA. On December 20, 2018, the Alberta Court of Queen's Bench granted a final order approving the arrangement under the ABCA. The Transaction has also been conditionally accepted by the TSX Venture Exchange, subject to the filing of customary documentation. No other regulatory approvals remain outstanding.
In connection with the Transaction, Blackbird and Pipestone Oil also entered into agreements with certain of their existing shareholders who have committed to common equity financings totaling approximately $111.0 million and Pipestone Oil arranged approximately $198.5 million of debt financing (collectively, the “Financings”).
The Transaction will result in the strategic combination of two adjacent and contiguous Pipestone Montney land bases under a single well-capitalized, high growth company that will operate under the name Pipestone Energy Corp. (“Pipestone Energy”).
The Transaction and Financings are expected to close on or about January 4, 2019. For additional information relating to the Transaction and guidance on Pipestone Energy’s future plans please refer to the Company’s website at www.blackbirdenergyinc.com or to SEDAR at www.sedar.com.

[Antizyklop]

Danke Schuro für die interessante Oilprice.com canadian codensate Flüssiggasentwicklung.Wenn
ich mir dagegen die Nymex Gaspreisentwicklung ansehe (Ariva) hat Gas um 35 % zugelegt und
Flüssiggas in Edmonton um 35% verloren-chemisch genau die gleichen Kohlenwasserstoffe,nur
eben Aggregatzustand flüssig versus gasförmig.Grund??????? Ausserdem dachte ich immer,BBI
würde über Tidewater das Gas in die Alliance-Pipeline einführen,die meines Wissens eher nach
Nymex-Preisen bzw.Henry Hub abrechnet ???????Naja Logik an der Börse schadet ungemein dem
eigenen Depot.Die Hoffnung stirbt bekanntlich zuletzt,meine Finca ist eine Bauruine,trotzdem glaube
ich mit Pipestone werden ganz andere mmcf-Zahlen kommen und die Extremschere beim kanadischen Gas zum US-Gas wird sich irgendwann schliessen.Gedämpft strong long.Ein weiterer
Leidensgenosse.Saludos amigos