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CVE:PLX

Point Loma Resources

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Market:
CVE
Market Cap:
$7.89 m
Price
$0.11
Change
-4.55%
52 weeks high
0.34
52 weeks low
0.10

Viewing results 1-25 of 97

Energy

Point Loma Resources extends pool at Wizard Lake oil well

Point Loma is advancing the Rex well as part of a farmout program with Salt Bush Energy, one of two wells under the agreement...

1 week, 1 day ago
Energy

Mackie repeats 'Buy' on Point Loma Resources after positive initial results from Rex-2 well

"The well encountered excellent quality reservoir along the entire 1,460 metre lateral with porosity of up to 21%," Mackie analyst Bill Newman said in a note...

1 week, 2 days ago
Energy

Point Loma Resources announces spudding of first of two well farmout program at Wizard Lake

The target has the potential to increase the firm's current oil and natural gas liquid production, enhance its reserves base and open up new oil development opportunities...

3 weeks, 2 days ago
Energy

Whitebark Energy adds to Wizard Lake land position following successful bid

The Wizard Lake development program commenced with the spudding of the Rex-1 well in November 2018....

on 07/17/2019
Energy

Point Loma Resources to potentially sell its interest in Wizard Lake oil asset

The firm has struck a deal with broker Mackie, which will canvas potentially interested parties in a transaction to acquire the firm's 70% working interest...

on 07/17/2019
Energy

Point Loma Resources expects first farm-out well at Wizard Lake to spud this month

A successful fully completed two well farm-out at Wizard Lake would result in three producing oil wells...

on 07/04/2019
Energy

Point Loma eyes a potential game-changer as the oiler advances large asset base in Alberta

The company controls 150,000 net acres, with over 230 (net to Point Loma) drilling opportunities in multi-zones. ...

on 07/02/2019
Energy

Canada’s oil juniors encouraged by Trans Mountain pipeline approval, but see more work ahead

The controversial project, designed to carry almost a million barrels of oil per day from Alberta to British Columbia, has been in the works for several years...

on 06/24/2019
Energy

Canada’s oil juniors encouraged by Trans Mountain pipeline approval, but see more work ahead

The controversial project, designed to carry almost a million barrels of oil per day from Alberta to British Columbia, has been in the works for several years...

on 06/24/2019
Energy

Canada’s oil juniors encouraged by Trans Mountain pipeline approval, but see more work ahead

The controversial project, designed to carry almost a million barrels of oil per day from Alberta to British Columbia, has been in the works for several years...

on 06/24/2019
Energy

Mackie says Point Loma Resources' initial production rate from Wizard Lake is excellent, repeats Buy rating

This week, Point Loma revealed it was eyeing higher netbacks and cash flow as it updated on operations at Wizard Lake...

on 06/21/2019
Energy

Point Loma Resources eyes further increases in production as initial output from Wizard Lake comes onstream

The Wizard Lake 16-17-48-27W4 Rex oil well has now been producing for 10 days...

on 06/18/2019
Energy

Mackie Research maintains Buy rating on Point Loma with C$1 price target

Analyst Bill Newman also reiterated his price target of C$1 a share after the oil company's partner agreed to incur 100% of the costs to drill two wells in Wizard Lake Rex ...

on 05/30/2019
Energy

Point Loma annouces new option with partner Salt Bush Energy to further delineate Wizard Lake Rex oil discovery

The Calgary-based company said that its partner Salt Bush Energy Ltd has agreed to incur 100% of the costs to drill, complete and equip the two wells...

on 05/30/2019
Energy

Point Loma boosts output and revenue in first quarter

The company said construction is underway at the Wizard Lake Rex oil discovery, with an aim to push it into production in early June...

on 05/27/2019
Energy

Point Loma Resources lifts output and revenue in 4Q

The company said it expects to begin building production facilities at its Rex oil discovery in the second quarter of 2019...

on 05/01/2019
Mining

Whitebark Energy expects to further increase reserves at Wizard Lake in Canada

Proved and probable reserves at the Albertan province project are 225,000 barrels of oil....

on 03/17/2019
Energy

Point Loma Resources' proved oil reserves increase 64% year-over-year, thanks to Rex well

The Wizard Lake HZ 16-17-48-27W4 Rex oil pool well in Alberta showed a top tier flow test at more than 90% oil, the junior oiler noted ...

on 03/14/2019
Energy

Falling Canadian crude prices opens door to multi-bagger investor return, says Mackie

Western Canadian Select (WCS), the Canadian benchmark for heavy oil, fell to US$13.46 from about US$53 per between July and November...

on 02/07/2019
Energy

Point Loma Resources' Rex well test opens up 'significant' new oil play, says broker Mackie

Last year, Point Loma secured the rights to the Rex (Upper Mannville) oil play at Wizard Lake ...

on 01/22/2019
Mining

Point Loma Resources shares flow higher as it posts successful test results for Rex play well

The test began on December 24 last year and was conducted with a submersible pump...

on 01/21/2019
Energy

Whitebark Energy continues Wizard Lake Rex well flowback, gathers data on long-term production

The company holds a 30% stake in the Wizard Lake Rex well....

on 01/14/2019
Energy

Point Loma Resources success at high impact Rex play could be game-changer, says broker Mackie

This Rex well is now in a test period to recover completion fluids and to establish stabilized oil deliverability...

on 01/03/2019