06/22/09 - Pemberton Focuses in on additional Oil bearing assets.
Pemberton Energy Ltd. (“Pemberton”) wishes to announce the following update. Management would like to advise that Pemberton has finalized mineral lease continuations that relate to the Montney asset discussed in the Company’s June 17th, 2009 news release. Pemberton’s team has also identified two lucrative pinnacle reefs on these mineral rights and will be conducting an evaluation to determine if these pinnacle reefs are oil bearing. In addition, Pemberton will conduct evaluation on other anomalies that have been mapped out from our 3D seismic to determine their feasibility.
06/17/09 - Montney targets could yield $ 53,000,000 in probable net revenue over 14years
Pemberton Energy Ltd.(“Pemberton”) wishes to announce that it has received an Evaluation of Prospective Resources in its Gage Area holdings and a report supplement delineating consideration of multiple staged fracture stimulation in horizontal Montney wellbores from Chapman Petroleum Engineering Ltd.
01/27/09 - Amendment of Warrant Terms
Pemberton Energy Ltd. (the “Company”) wishes to announce that it has applied to the TSX Venture Exchange (the “Exchange”) to amend the terms of the 3,000,000 non-flow through warrants and 3,960,000 flow-through warrants issued on March 26, 2008 (the “Warrants”).
12/24/08 - Corporate Update
Pemberton Energy Ltd. (Pemberton) wishes to announce the following corporate update.
Previously the Company announced that Pemberton successfully drilled two wells, Gage 10-15-82-3W6M to a final total depth of 2,395 meters and Gage 6-15-82-3W6M well was drilled to a final total depth of 1,145 meters. Both wells were drill stem tested.
11/24/08 - Pemberton acquires 1280 acres of land in Panny area
Pemberton Energy Ltd. wishes to announce that it has successfully acquired two full sections of crown land (1280 acres in total) in a proven and very productive area of Northern Alberta. These two sections are located near the Company’s current 8-25-95-5W5 Panny well. Seismic data on the area is available. These newly acquired 2 sections of land have some production infrastructure already in place.
10/28/08 - Pemberton revises debt settlement for shares
Pemberton Energy Ltd. wishes to announce that it has increased the amount and changed the price of its previously announced on September 26, 2008 debt settlement for shares. Under the revised terms of the debt settlement the Company will settle up to $1,600,000.00 at $0.05 per share.
10/10/08 - PEMBERTON FILES LAWSUIT
Pemberton Energy Ltd. (“Pemberton”) wishes to advise that it has filed a law suite in the Court of Queens Bench in Calgary, AB, claiming no less than $3,000,000.00, being the costs of the drilling 10-15-82-3 W6M well together with the loss of production revenues from the well, against the company that was hired to drill stem test the Company’s primary target, the Granite Wash.
09/26/08 - Pemberton to debt settle up to a $1,000,000.00
Pemberton Energy Ltd. wishes to announce that it is in the process of a debt settlement for shares of up to $1,000,000.00 at $0.075 per share. This debt relates to cost overrun incurred in the drilling of 2 wells on the Company’s Peace River Arch property. Management and consultants have been granted an option by the majority of the creditors to purchase back the shares at an undiscounted rate.
08/08/08 - PEMBERTON ELECTS TO WAIT ON PRIVATE PLACEMENT
Pemberton Energy Ltd. wishes to announce that due to current conditions the Company’s management has elected to not proceed with the flow through and non flow through private placement announced on July 8, 2008 for up to $2,000,000. The Company continues to work on corporate development and land acquisitions and will announce corporate financing at a later date.
07/25/08 - PEMBERTON TO ISSUE 200,000 SHARES FOR MINERAL RIGHTS
Further to the Company’s news release dated July 21, 2008 which announced that it has signed first of three mineral rights acquisition deals that are currently under negotiation and the Company's news release dated July 22, 2008 which announced that the Company has signed its second of the three mineral rights acquisition deals, Pemberton Energy Ltd. wishes to announce that in relation to such Petroleum and Natural Gas leases entered into by the Company it will issue 100,000 common shares in respect of each mineral rights acquisition deal for a total of 200,000 common shares.
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07/22/08 - PEMBERTON SIGNS SECOND BINDING PETROLEUM AND NATURAL GAS LEASE IN THE PEACE RIVER ARCH AREA.
Pemberton Energy Ltd. wishes to announce that it has signed its second of three mineral rights acquisition deals that are currently under negotiations. Pemberton signed a two year binding Petroleum and Natural Gas Lease and Grant Agreement to lease the subsurface mineral rights from basement to surface on an undivided 50% interest in 507 acre parcel in the Peace River Arch Area, bringing it to a total of 100% interest in this parcel of land. Pemberton Energy Ltd. will retain 75% beneficial interest and will assume 100% of the drilling and completion costs of the well, inclusive of all operating, processing, transportation and production costs. This land acquisition is contiguous to the recently drilled wells and Pemberton continues negotiations on an additional parcel of land in the area. This land agreement is subject to TSX approval.
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07/21/08 - PEMBERTON SIGNS BINDING PETROLEUM AND NATURAL GAS IN THE PEACE RIVER ARCH AREA.
Pemberton Energy Ltd. wishes to announce that it has signed first of three mineral rights acquisition deals that are in currently under negotiations. Pemberton signed a two year binding Petroleum and Natural Gas Lease and Grant Agreement to lease the subsurface mineral rights from basement to surface on an undivided 50% interest in 507 acre parcel in the Peace River Arch Area. Pemberton Energy Ltd. will retain 75% beneficial interest and will assume 100% of the drilling and completion costs of the well, inclusive of all operating, processing, transportation and production costs. This land agreement is subject to TSX approval.
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07/21/08 - PEMBERTON TO PURCHASE PRODUCTION
Pemberton Energy Ltd. is pleased to announce that it has signed a letter of intent and provided required deposit on a purchase of three producing wells, that are equipped with fully operational pump jacks, two phase separators, a total of 5 storage tanks, one oil treater cold water recycling system. As part of this three producing wells deal, Pemberton will acquire approximately 8 acres of real estate with a three bedroom mobile home to serve as a field office and a 740 Champion Grader to help maintain well sites and access roads. Pemberton will release details and production numbers upon completion of this transaction.
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07/07/08 -
Pemberton to raise $2,000,000 in flow through and non flow through funds
July 8, 2008 Calgary, Alberta, (TSX.V: PBT, FSE :P5W) Pemberton Energy Ltd. wishes to announce that it has entered into a private placement for up to $2,000,000. Private placement will consist of flow through (“ft”) shares and non flow through (“nft”) units. Each ft share is priced at $0.25 per share.
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06/26/08 -Pemberton engages Paladin Capital Markets Inc. to raise funds
June 26, 2008 Calgary, Alberta, (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd is pleased to announce that it has engaged Paladin Capital Markets Inc as an agent for a private placement of treasury units to fund its upcoming exploration programs. The offering terms are under negotiation and will include common and flow-through units at a price to be determined and will be made by the agent on a best efforts basis.
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05/15/08 - PEMBERTON ADDS TWO SHALE GAS TARGETS TO ITS OIL PLAY
May 15, 2008 Calgary, Alberta, (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd. (“Pemberton”) is pleased to announce that after further evaluation by our geological team of the recently drilled two vertical wells on our Gage Peace River Arch Property we have identified two thick shale gas plays in our 10-15 well from a depth of 1040 m to 1078 m and in the 6-15 well from a depth of 1052m to1082 m. Additional analysis and reserve calculation will be conducted by third party consultants to further asses the data acquired from these two vertical wells. Pemberton holds 100% Working Interest with a 75% Benefitial Interest in these two wells.
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05/13/08 - PEMBERTON PROJECTS 80 BBL/DAY IN ITS FIRST ZONE TO BE FRACED.
May 13, 2008 Calgary, Alberta, (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd. (“Pemberton”) is pleased to advise that management has received an economic evaluation on our first zone to be perforated and fraced in the 10-15-82-3W6M. Based on production in the area and final analysis of the drill and test results, Pemberton’s geological and engineering team estimates total probable undeveloped gross reserves, in the Montney zone of the 10-15 well, using a 30% conservative rate, at 80 bbl/day. Pemberton will proceed immediately with completion of the Montney zone and it has the funds in place for this program. This is the first of three zones to be perforated and fraced in the 10-15 well.
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04/07/08 - PEMBERTON RECEIVES RECOMMENDATION TO CASE ITS SECOND WELL FOR PRODUCTION
Pemberton Energy Ltd. is pleased to announce that Pemberton Gage 6-15-82-3W6M well was successfully drilled to a final total depth of 1145 meters on April 2, 2008 at 11:30 pm. Logging and drill stem testing were completed on April 4th, 2008.
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04/01/08 - PEMBERTON CLOSES FINANCING
Pemberton Energy Ltd. wishes to announce that the private placement which was accepted for filing by the TSX Venture Exchange on March 14, 2008, has closed on March 26, 2008. Pemberton Energy has issued 3,960,000 flow through units at $0.25 per unit consisting of one flow through share and one flow through warrant entitling the holder to purchase an additional flow through share for a period of one year at $0.35 and 3,000,000 non flow through units consisting of one non flow through share and one non flow through warrant allowing the holder to purchase an additional non flow through share for a period of one year at $0.35
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03/31/08 - PEMBERTON TO BEGINS DRILLING ITS SECOND WELL
Pemberton Energy Ltd. is pleased to advise that it has began drilling its second well- 6-15-82-3-W6M on Sunday, March 30, 2008. Surface casing has been installed and cemented on March 31, 2008. The Company anticipates reaching total depth by the end of this week. Project depth is estimated at 1144 meters.
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03/28/08 - PEMBERTON TO START DRILLING ITS SECOND WELL
Pemberton Energy Ltd. is pleased to announce that it will start drill rig move to its 6-15-82-3 W6M (6-15) drill location on March 29, 2008 upon completion of production casing on its 10-15-82-3-W6M recently drilled well. The Company’s geological and geophysical advisors evaluated data received from the mud logs and drill stem tests on its first well and based on this information and previously shot 2D and 3D seismic, recommended to increase the depth of the second drill location to include 2 potential oil producing zones in addition to the previously proposed Gething and Notikewan potential gas zones.
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03/26/08 - PEMBERTON TO CASE WELL FOR PRODUCTION
Pemberton Energy Ltd. wishes to advise that Pemberton Gage 10-15-82-3W6M was successfully drilled into the Precambrian basement to a final total depth of 2395.5 on March 21, 2008 after nineteen days of drilling. On the basis of gas shows in the mud log and a petrophysical evaluation of the well logs, five drill stem tests were run in the wellbore.
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03/24/08 - PEMBERTON TO COMPLETE SIX DRILL STEM TESTS IN ONE WELL BORE
Pemberton Energy Ltd. wishes to advise that it has drilled its 10-15-82-3-W6M well to a total depth of 2395.5 m in the Precambrian basement and completed logging the well on March 21, 2008. The Company holds 100% Working Interest with a 75% beneficial interest from surface to basement in this well. Following analysis of the well logs, the Company’s geological and engineering advisors have proposed six drill stem (DST) tests in four formations that are believed to contain hydrocarbons.
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03/10/08 - UPDATE ON DRILLING
Pemberton Energy Ltd. is pleased to announce that it has received a report on the progress of drilling on the exploratory well Pemberton Gage 10-15-82-3 W6M from Chapman Petroleum Engineering Ltd.
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03/03/08 - PEMBERTON ENERGY LTD. STARTS DRILLING ON MARCH 02, 2008 at 9:45am MST
Pemberton Energy Ltd. is pleased to announce that the drill rig has commenced drilling 10-15-82-3-W6M well on Sunday, March 2, 2008 at 9:45 am MST. Project depth of this vertical well is estimated at 2,400 meters.
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02/27/08 - PEMBERTON ACQUIRES MINERAL RIGHTS AND EXPECTS DRILL RIG TO ARRIVE ON FEBRUARY 29, 2008
Pemberton Energy Ltd. is pleased to announce that it acquired mineral rights on 53.33 acres in a private deal with another company that will allow Pemberton to complete its needed spacing unit for potential gas production on section 15-82-3-W6M.
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02/21/08 - PEMBERTON BREAKS GROUND
Pemberton is pleased to announce this market update: both rathole and mousehole have been completed on the 10-15-82-3W6M and the conductor barrel has been installed on February 20, 2008. Photographs of this process will be available on the Company’s website www.pembertonenergy.ca under media centre.
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02/15/08 - PEMBERTON ENERGY LTD. TO COMMENCE DRILLING ON FEBRUARY 20, 2008
Pemberton Energy Ltd. is pleased to announce that it has advanced 50% of the total required drill rig payment and signed a master drill contract with a drill company for a double rig that has the capability to drill up to 2500 m depth The double rig is scheduled to move on the property on Wednesday, February 20th, 2008.
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02/14/08 - Pemberton increases financing by $500,000 to include the drilling of an additional well
Pemberton Energy Ltd. wishes to announce that it increased the amount of private placement announced on January 18, 2008. The Company intends to raise up to $1,740,000.00, with $990,000 being raised through the sale of 3,960,000 flow through units (“ft units”) priced at $0.25 per ft unit, and $750,000 being raised through the sale of 3,000,000 non-flow through units (“nft units”) priced at $0.25 per nft unit.
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02/05/08 - Pemberton has been granted a drill license
Pemberton Energy Ltd. is pleased to announce that it has been granted a drill license on January 31, 2008 for its drill location LSD 10-15-82-03-W6M on its Gage Peace River Arch Property. Project depth is estimated at 2337 meters. This location has 8 oil and gas zones of interest and the Company will test Notikewan and Gething formations, Wabamun Group, as well as Granite Wash.
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01/24/08 - Pemberton Energy Appoints Brian Henry To Board
Pemberton Energy Ltd. is pleased to announce that Mr. Brian Henry, P. Geoph. has joined Pemberton’s Board of Directors as a director. Mr. Henry has been a Geophysical Coordinator for Pemberton as of May 2007 and has been working on the Company’s 3D seismic interpretation and continues to work on the 3D seismic interpretation full time mapping out additional drill targets.
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01/18/08 - Pemberton Recieves Two Additional Oil Drill Recommendations From Chapman Pertroleum Engineering on 15-82-3W6M.
Further to its December 20, 2007 private placement news release, Pemberton Energy announces that it intends to raise up to $1,240,000.00, with $740,000 being raised through the sale of 2,960,000 flow-through units (“ft units”) priced at $0.25 per ft unit, and $500,000 being raised through the sale of 2,000,000 non flow-through units (“nft units”) priced at $0.25 per nft unit.
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01/10/08 - Pemberton Recieves Two Additional Oil Drill Recommendations From Chapman Pertroleum Engineering on 15-82-3W6M.
Pemberton Energy Ltd. (Pemberton) is pleased to announce that it has received a report from Chapman Petroleum Engineering Ltd. which details final drilling recommendations on section 15-82-3W6M on the Company’s Peace River Arch property.
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01/10/08 - Private Placement Update
Pemberton Energy Ltd. (Pemberton) wishes to announce that further to the news released by the TSX Venture Exchange on December 28, 2007 regarding acceptance for filing of the $260,000.00 of the flow through private placement funds is only applicable to the 2007 tax year and the remainder of the financing will be applicable to the 2008 tax year. Pemberton is in the process of completing the remainder of its flow through and non flow through financing.
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12/20/07 - Private Placement Update
Pemberton Energy Ltd. wishes to advise that it has repriced its previously announced on November 22, 2007 private placement. Under the revised terms of the financing the Company intends to raise up to $1,500,000.00, with $1,000,000 being raised through the sale of 4,000,000 flow through units (“ft units”) priced at $0.25 per ft unit, and $500,000 being raised through and non flow through financing.
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12/13/07 - Pemberton to add three oil zones to two gas zones on first well to be drilled in the Peace River Arch
Pemberton Energy Ltd. (Pemberton) wishes to announce that recent continuous evaluation of the 3-D seismic by the Company’s geophysical and geological team within a radius of approximately 300 meters of the 6-15-82-3 W6M upcoming well, revealed 3 potential oil producing zones in addition to the Gething and Notikewan gas zones.
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12/04/07 - Pemberton receives a drill license
Pemberton Energy Ltd. wishes to announce that it has received a drill license on November 30, 2007 for its first of three drill locations on its, Gage Peace River Arch Property. Licensed drill location LSD is 6-15-82-03-W6M. Project depth is estimated at 1047 meters. The Company will test both Notikewan and Gething gas zones.
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11/22/07 -Pemberton secures Phelps Drill Rig # 8 to drill the first of three locations within two weeks
Pemberton Energy Ltd. (Pemberton) is pleased to announce that it has secured a single drill rig # 8 with Phelps Drilling Co of Calgary, AB for its upcoming drilling of the first of the three proposed drill targets located on the Company’s Peace River Arch Property. Surveying on the location has been completed. Pre-site environmental testing is scheduled for next week and well site accommodations have been secured. Pemberton’s management and the land surface owner have agreed to do a zero impact road to the well target location. Exact drill date will be announced shortly, with anticipated drill completion within the next two weeks.
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10/29/07 - Pemberton signs letter of intent on a 160 acre lease extension
Pemberton Energy Ltd. (Pemberton) wishes to announce that the Company has entered into a letter of intent for a lease extension on subsurface mineral rights from surface to basement on a 160 acre parcel in the Peace River Arch Area. Previous lease agreement has a November 2, 2007 expiration date. Pemberton will retain a 75% beneficial interest over a term of 2 years. The Company will assume 100% of the drilling and completion costs of the well, inclusive of all operating, processing, transportation and production costs. This land is part of the recently shot 3D seismic program.
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10/26/07 - Pemberton Energy Retains AGORACOM to Provide Online Investor Relations and Social Network for Shareholders
Pemberton Energy Ltd. (Pemberton) is pleased to announce that it has retained the services of AGORACOM Investor Relations ("AGORACOM") to provide online investor relations services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world's biggest websites for the purpose of attracting new shareholders.
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10/25/07 - Pemberton looks forward to economic growth
Pemberton Energy Ltd. wishes to announce that as a result of the successful conclusion of technical work on the 3D seismic, Chapman Petroleum Engineering Ltd. has recommended three firm drilling locations to the Company at this time, targeting multi zone potentially gas bearing horizons in the Mesozoic subsurface section.
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10/09/07 - Pemberton set to receive additional test results on two new oil zones of interest
Pemberton Energy Ltd. (Pemberton) wishes to announce that it has been advised by Hampson-Russell Limited Partnership of Calgary that in addition to the AVO (Amplitude Versus Offset) results, Pemberton will receive its inversion test results on two new oil zones of interest, at the upcoming presentation to the Company's board of directors, within the next 6 business days.
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10/05/07 - Pemberton acquires key mineral rights and completes AVO test on recently shot 3D seismic
Pemberton Energy Ltd. (Pemberton) wishes to announce that it has successfully acquired a strategic piece of crown land at the October 3, 2007 land sale, with mineral rights from surface to basement and are contiguous to the Company's current land holdings in the Peace River Arch area.
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06/04/07 - Pemberton’s 3D identifies first 5 shallow gas targets
Pemberton Energy Ltd. is pleased to announce the first of its 3D interpretation results have been received. Shallow horizons are being interpreted first and a series of channel sand complexes have been identified in the Gething Formation of Cretaceous Age at an approximate depth of 3,300 ft. (1000 m.).
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05/31/07 - Pemberton to debt settle up to 100,000.00
Pemberton Energy Ltd. wishes to announce that it is in the process of settling of up to $100,000 of its outstanding debt for shares at $0.40 per unit. Each unit shall consist of one share and one two year warrant to acquire one common share entitling the holder to purchase an additional share at $0.60 in the first year and at $0.70 if purchased in the second year. This debt settlement is subject to TSX approval.
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05/29/07 - Pemberton adds an additional expert to its team
Pemberton Energy Ltd. (Pemberton) wishes to announce the following update for our 3D and 2D seismic interpretation. The Company is pleased to engage the services of the geophysicist that had previously worked on the Company’s 2D seismic...
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05/11/07 - Pemberton increases Private Placement to $420,000
Pemberton Energy Ltd. wishes to advise that it has increases its previously announced non-brokered private placement. Under the revised terms of the financing, the Company will issue up to 1,050,000 non -flow through units at $0.40.
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05/07/07 - Pemberton engages Chapman Petroleum Engineering Ltd.
Pemberton Energy Ltd. wishes to announce that it has engaged the services of Chapman Petroleum Engineering Ltd. to provide engineering, geological and geophysical services on an in-depth ongoing basis, assisting with the Company’s exploration, development and production activities. Key individuals directly involved in engineering, geological and geophysical evaluation will participate in the Company’s incentive stock option plan on a performance basis.
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04/10/2007 - Pemberton completes 2D and reprices private placement
Pemberton Energy Ltd (“Pemberton”) is pleased to announce that it has successfully completed its 2D program located NW of its completed 3D-2007 Gage program. This 2D project consists of two lines; West to East line is 2.4 km and North to South line is 3.2 km long. All 2D records have been shipped to Calgary for processing and interpretation.
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04/04/2007 - Debt Settlement
Pemberton Energy Ltd. (the “Company”), wishes to advise that a settlement by way of 885,085 shares at a deemed price of $0.26 per common share and 701,816 share purchase warrant with an exercise price of $0.50...
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03/28/2007 - Pemberton successfully completes 3D Seismic
Pemberton Energy Ltd. wishes to announce that it has successfully completed its 3D-2007 Gage seismic program.
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03/20/2007 - Pemberton to raise $500,000 at 0.50
Pemberton Energy Ltd. wishes to announce a non-brokered private placement for up to $500,000 consisting of non flow through units at $0.50.
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03/19/2007 - Pemberton widens scope of opportunity
Pemberton Energy Ltd (“Pemberton”) is pleased to announce that it has decided to shoot a new 2D program located NW of its current 3D-2007 Gage program.
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03/05/2007 - Pemberton gets Green Light for 3D seismic
Pemberton Energy Ltd. is pleased to announce its corporate update. Negotiations with surface land owners have been completed and all surface land owners have agreed to let Pemberton shoot its 3D seismic program on their lands. Government permits have also been granted.
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02/28/2007 - Pemberton signs a letter of intent
Pemberton Energy Ltd. is pleased to announce that it has signed a letter of intent on a 160 acre parcel to lease the subsurface mineral rights from basement to surface in the Gage area of Peace River Arch.
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02/27/2007 - Pemberton signs two binding land lease agreements
Pemberton Energy Ltd (“Pemberton”) is pleased to announce that further to the news release of January 25, 2007 it has now signed two binding Petroleum and Natural Gas Land Lease Agreements on the lease of subsurface mineral rights in the Montney Zone...
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01/25/2007 - Company Update
Pemberton Energy Ltd (“Pemberton”) is pleased to announce that it has entered into 2 letters of intent for the negotiation on the lease of subsurface mineral rights in the Montney Zone
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01/17/2007 - Pemberton hires Integrated Geophysical for 3-D
Pemberton Energy Ltd (“Pemberton”) is pleased to announce that it has engaged the services of Integrated Geophysical Consultants Ltd. for the 3-D seismic program...
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11/16/06 - Pemberton reduces cost on 3D seismic program
Calgary, Alberta, (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd wishes to announce the following corporate update, which includes a revised 70% decrease to previously anticipated expenditure due to concluding recent negotiations and ventures pertaining to its ongoing 3D seismic project in the Peace River Arch holding...
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