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MARKSMEN ENERGY INC.
http://www.marksmenenergy.com/s/Home.asp


$MKSEF (OTCQB)
 
Float is only 24,900,000!  
Confirmed by OTCmarkets and CEO Archie Nesbitt on Dec 11, 2017.
https://twitter.com/MarksmenEnergy/status/940276139053821952
 

The chart clearly shows company insider loading began on Friday Dec 8, 2017.
 


CEO Archie Nesbitt podcast from November 30, 2017
 
 

 
NEWS
 
 
https://www.cnbc.com/2015/07/27/globe-newswire-marksmen-announces-drilling-results-in-pickaway-county-ohio.html

July 27, 2015
 
Marksmen Announces Drilling Results in Pickaway County, Ohio

Globe Newswire

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CALGARY, Alberta, July 27, 2015 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (TSX-V:MAH) (OTCB Venture Marketplace:MKSEF) ("Marksmen" or the "Company") is pleased to announce that Marksmen has participated in the drilling of a well operated by its joint venture partners, Hocking Hills Energy and Well Services LLC ("HHE") and Chuck Henry Energy LLC ("CHE"). The well drilled is a Cambrian Knox remnant oil well, the Delong-Davis Unit #1, in Pickaway County, Ohio. Marksmen has a 45% working interest in the well.

The well was spudded on July 20, 2015 and reached its total depth on July 26, 2015 targeting a large Cambrian Knox remnant that was drilled based on the interpretation of new 3D seismic and encountered significant oil and gas shows in the top of the Cambrian Knox formation where open hole logs recorded porosities of greater than 20% over a 6 foot interval. Oil did circulate to surface.

The well is currently being completed for commercial production and is expected to have a pump-jack and bottom-hole equipment in place in a week with the tanks and other surface equipment to follow shortly. Production is expected to be on-line by mid-August. Marksmen believes that even at depressed WTI prices for oil, Marksmen's wells can be economically exploited because of the low drilling and operating costs for its shallow light oil drilling programs in Ohio.

This well was drilled based on the latest 3D seismic program completed in May 2015 with our joint venture partners HHE and CHE. The success of this well and the 3D seismic indicate there are at least two step out locations on this remnant. A number of other well locations in the 2015 3D target area are currently being permitted for drilling including the largest remnant identified by seismic, an offset to our Strittmatter #1 well.

To date Marksmen has conducted approximately 7 square miles of 3D seismic acquisition using Bay Geophysical of Traverse City, Michigan. Marksmen currently has leasehold interests aggregating approximately 12,000 acres in Pickaway County. Additional 3D seismic is planned for later this year.

Archie Nesbitt, CEO and President of Marksmen states "Marksmen is very pleased with the initial results from this well based on the very significant contribution that 3D seismic and its interpretation by our technical experts have made to the overall success to date. The program validates the importance of using the best 3D seismic techniques available to exploit the oil bearing zones in this part of Ohio."

Further information will be released as it becomes available.

For additional information regarding this news release please contact Archie Nesbitt, President, Chief Executive Officer and a Director of the Company at (403) 265-7270 or e-mail info@marksmen.ca.

 
https://www.otcmarkets.com/stock/MKSEF/news/Marksmen-Announces-Operational-Update?id=177748&b=y

December 11, 2017

Marksmen Announces Operational Update

OTC Disclosure & News Service

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CALGARY, Alberta, Dec. 11, 2017 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX-V:MAH) (OTCQB:MKSEF) and its wholly owned subsidiary, Marksmen Energy USA, Inc., announce the following update on wells in Ohio, USA.

Hocking County On November 27, 2017 Marksmen announced that it had entered into an agreement to acquire a 40% working interest (“WI”) in a horizontal well drilling program operated by Hocking Hills Energy and Well Services LLC (“HHE”), targeting the Clinton Sandstone formation. Today, Marksmen is announcing that it has agreed to acquire an additional 20% WI from HHE to increase Marksmen’s WI share in the well to 60%. The access road and drill pad are currently under construction and nearing completion. The drilling rig is expected to be on location in approximately one week and we anticipate running in approximately 500 feet of 9 5/8 inch surface casing and cementing it to surface on or before December 24, 2017. Immediately after the Holiday season, drilling will continue to the well’s target depth of 2,900 feet and then a horizontal section of 3,000 feet in the Clinton Sandstone formation.   

Marksmen is also currently evaluating offset drilling opportunities on its current land position as well as other lands that have been made available to us from existing partners in Ohio.

For additional information regarding this news release please contact Archie Nesbitt, CEO and President at (403) 265-7270 e-mailinfo@marksmen.ca



https://www.otcmarkets.com/stock/MKSEF/news/Marksmen-Announces-Proposed-Private-Placement?id=177938&b=y

December 12, 2017

Marksmen Announces Proposed Private Placement

OTC Disclosure & News Service

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CALGARY, Alberta, Dec. 12, 2017 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX-V:MAH) (OTCQB:MKSEF) announces that it plans to complete a non-brokered private placement of up to 3,000,000 units (the “Units”) of Marksmen at a price of $0.15 per Unit for aggregate gross proceeds of up to $450,000 (the “Offering”). There is no minimum Offering. The Units will be comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant (“Warrant”) of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share for $0.30 expiring two (2) years from the date of the closing of the Offering.

Marksmen may pay a cash commission or finder's fee to qualified non-related parties of up to 8% of the gross proceeds of the Offering (up to $36,000) and broker warrants (the “Broker Warrants”) equal to up to 8% of the number of Units sold in the Offering (up to 240,000 Broker Warrants).  Each Broker Warrant will entitle the holder to acquire one Common Share at a price of $0.15 per Broker Warrant for a period of one (1) year from the date of issuance.

Marksmen intends to use $400,000 of the net proceeds of the Offering to pay for capital expenditures related to the recently announced increase in the Company’s working interest in the Clinton Sandstone formation horizontal drilling program in Hocking County, Ohio from 40% to 60%, assuming the maximum proceeds under the Offering.  The first well is scheduled to begin drilling on the Leaman #1 location later this month. If the net proceeds are greater than $400,000, the additional proceeds, up to $50,000, will be used for acquisition of oil and gas leases complimentary to lands already in the program and for additional geological and engineering support.

The Offering is being offered to all of the existing shareholders of Marksmen who are permitted to subscribe pursuant to the Existing Shareholder Exemption. This offer is open until December 22, 2017 or such other date or dates as the Company determines and one or more closings are expected to occur, with the first closing anticipated for December 22, 2017.  Any existing shareholders interested in participating in the Offering should contact the Company pursuant to the contact information set forth below.

The Corporation has set December 11, 2017 as the record date for the purpose of determining existing shareholders entitled to subscribe for Units pursuant to the Existing Shareholder Exemption. Subscribers purchasing Units under the Existing Shareholder Exemption will need to represent in writing that they meet certain requirements of the Existing Shareholder Exemption, including that they were, on or before the record date, a shareholder of the Company and still are a shareholder as at the closing date. The aggregate acquisition cost to a subscriber under the Existing Shareholder Exemption cannot exceed $15,000 unless that subscriber has obtained advice from a registered investment dealer regarding the suitability of the investment.

As the Company is also relying on the Exemption for Sales to Purchasers Advised by Investment Dealers, it confirms that there is no material fact or material change related to the Company which has not been generally disclosed. In addition to offering the Units pursuant to the Existing Shareholder Exemption and to the Exemption for Sales to Purchasers Advised by Investment Dealers, the Units are also being offered pursuant to other available prospectus exemptions, including sales to accredited investors. Unless the Company determines to increase the gross proceeds of the Offering, if subscriptions received for the Offering based on all available exemptions exceed the maximum Offering amount of $450,000, Units will be allocated pro rata among all subscribers qualifying under all available exemptions.

Completion of the Offering is subject to regulatory approval including, but not limited to, the approval of the TSX Venture Exchange. The Common Shares and Warrants issued will be subject to a four month hold period from the date of the closing of the Offering.

It is expected that insiders of the Company will participate in the Offering.

In addition, the Company announces the granting to employees, management, executives, consultants and members of the Board of Directors of 1,450,000 Stock Options pursuant to the Stock Option Plan of the Company. The options are for a period of five years and have an exercise price of $0.20 per share. One third (1/3) of the options will vest immediately, one-third (1/3) will vest on the first anniversary, and the final one-third (1/3) will vest on the second anniversary. The options are being issued to replace Stock Options that expired on December 4, 2017.  

For additional information regarding this news release please contact Archie Nesbitt, Director and CEO of the Company at (403) 265-7270 or e-mail info@marksmen.ca



http://www.otcmarkets.com/stock/MKSEF/news/Marksmen-Announces-Over-Subscription-of-Private-Placement-and-Operational-Update?id=178581&b=y


December 19, 2017

Marksmen Announces Over Subscription of Private Placement and Operational Update

OTC Disclosure & News Service

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CALGARY, Alberta, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX-V:MAH) (OTCQB:MKSEF) announces that its non-brokered private press released on December 12, 2017 is over-subscribed.  The initial offering was for 3,000,000 units which has been over-subscribed by 806,000 units bringing the total subscriptions to 3,806,000 units (the “Units”) of Marksmen at a price of $0.15 per Unit for aggregate gross proceeds of $570,900 (the “Offering”). Each Unit is comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant (“Warrant”) of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share for $0.30 expiring two (2) years from the date of issuance. The over-subscription is subject to the approval of the TSX Venture Exchange.

Marksmen would like to thank its investors for their support.

Completion of the Offering is subject to regulatory approval including, but not limited to, the approval of the TSX Venture Exchange Inc. The securities issued are subject to a four month hold period from the date of issuance. The Company intends to close the offering on December 22, 2017.

Operations Update – Horizontal well in Hocking County, Ohio - The one mile long access road and drill pad are substantially complete.  Our fifteen to eighteen day drilling program for Ohio's most westerly horizontal well will commence in early January, after the holiday season.

Related Party Participation in the Private Placement

As insiders of Marksmen participated in this Offering, it is deemed to be a “related party transaction” as defined under Multilateral Instrument 61-101-Protection of Minority Security Holders in Special Transactions (“MI 61-101“).

Neither the Company, nor to the knowledge of the Company after reasonable inquiry, a related party, has knowledge of any material information concerning the Company or its securities that has not been generally disclosed.

The Offering is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 (pursuant to subsections 5.5(c) and 5.7(1)(b)) as it was a distribution of securities for cash and neither the fair market value of the Units distributed to, nor the consideration received from, interested parties exceeded $2,500,000.

For additional information regarding this news release please contact Archie Nesbitt, Director and CEO of the Company at (403) 265-7270 or e-mail ajnesbitt@marksmenenergy.com



https://www.otcmarkets.com/stock/MKSEF/news/Marksmen-Announces-Closing-of-Private-Placement?id=178959&b=y 


Dec 22, 2017


Marksmen Announces Closing of Private Placement

OTC Disclosure & News Service

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CALGARY, Alberta, Dec. 22, 2017 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (TSX-V:MAH) (OTCQB:MKSEF) (“Marksmen” or the “Company”) announces that it has completed its non-brokered private placement announced on December 12, 2017 for 3,826,333 units (the “Units”) of Marksmen at a price of $0.15 per Unit for aggregate gross proceeds of $573,949.95 (the “Offering”). Each Unit is comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant (“Warrant”) of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share for $0.30 expiring two (2) years from the date of issuance.

Marksmen will pay a cash commission to qualified non-related parties of $16,792 and will issue 111,947 broker warrants entitling the holder to acquire one Common Share of the Company at a price of $0.15 for a period of one year from date of issuance.

The proceeds of the Offering will be used to pay for capital expenditures related to a drilling program in Ohio, USA as described more fully in a press release dated December 12, 2017. The additional funds raised over the initial $450,000, will be used for the acquisition of oil and gas leases complementary to lands already in the program, and for additional geological and engineering support.

Completion of the Offering is subject to regulatory approval including, but not limited to, the approval of the TSX Venture Exchange Inc. The common shares and warrants issued will be subject to a four month hold period from the date of issuance.

Related Party Participation in the Private Placement

As insiders of Marksmen participated in this Offering, it is deemed to be a “related party transaction” as defined under Multilateral Instrument 61-101-Protection of Minority Security Holders in Special Transactions (“MI 61-101“).

Neither the Company, nor to the knowledge of the Company after reasonable inquiry, a related party, has knowledge of any material information concerning the Company or its securities that has not been generally disclosed.

The Offering is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 (pursuant to subsections 5.5(c) and 5.7(1)(b)) as it was a distribution of securities for cash and neither the fair market value of the Units distributed to, nor the consideration received from, interested parties exceeded $2,500,000.

For additional information regarding this news release please contact Archie Nesbitt, Director and CEO of the Company at (403) 265-7270 or e-mail ajnesbitt@marksmenenergy.com.  

 

 




Clinton Sandstone formation background:









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PostSubject
#176  Sticky Note $MKSEF EXPOSURE https://www.investopedia.com/investing/small-cap-oil-stocks/?pa Stonemonsta 01/04/18 02:08:23 PM
#154  Sticky Note $MKSEF NEWS: ADDITIONAL OVER-SUBSCRIPTION REPORTED: 12/22/17 NEWS Almost A Myth 12/24/17 01:15:51 PM
#61  Sticky Note NEWS -$MKSEF- No dilution as they start drilling DD_dempsey 12/12/17 06:55:17 PM
#194   Edit: Brent was $70.03 briefly today. Almost A Myth 01/11/18 10:49:20 PM
#193   Oil is over $70 as of this morning... zeekhoe 01/11/18 11:50:24 AM
#192   Everything pointing towards green! The hammer candle Almost A Myth 01/09/18 04:55:33 PM
#191   How's that hammer lookin? Stonemonsta 01/09/18 04:34:32 PM
#190   GM DD, with this first leg of wells Stonemonsta 01/09/18 09:34:12 AM
#189   It's harder to turn your eyes from $MKSEF- DD_dempsey 01/09/18 04:05:14 AM
#188   Lots of recent reports coming out from many Almost A Myth 01/08/18 10:45:43 AM
#187   Pure positivity! I might have to start a Stonemonsta 01/08/18 10:39:47 AM
#186   GM Stone. $MKSEF Featured on Internet Bull Report: Almost A Myth 01/08/18 10:37:26 AM
#185   GM AAM, I'm not losing sleep over this Stonemonsta 01/08/18 10:23:26 AM
#184   Drilling is underway. May very well see that Howlywood 01/08/18 09:24:27 AM
#183   $MKSEF is the biggest no brainer of the Almost A Myth 01/08/18 09:01:44 AM
#182   WATCH THIS STOCK..Tremendous potential and appreciation for shareholders DD_dempsey 01/08/18 02:23:47 AM
#181   NEW TWEET: wallstreetresearcher.com/ reports on Marksmen Energy: Almost A Myth 01/05/18 12:50:49 PM
#180   Thanks for the heads up hear brother...beautiful. Crabby!! 01/05/18 06:46:41 AM
#179   Here's the back story on this project. Almost A Myth 01/04/18 06:44:12 PM
#178   Agree Howly GREGG THE GREEK 01/04/18 05:09:56 PM
#177   KA-BLAM! Great find Stone! Almost A Myth 01/04/18 02:15:35 PM
#176   $MKSEF EXPOSURE https://www.investopedia.com/investing/small-cap-oil-stocks/?pa Stonemonsta 01/04/18 02:08:23 PM
#175   Someone got very lucky with 3500 shares at Almost A Myth 01/04/18 12:11:35 PM
#174   Gregg!! Howlywood 01/03/18 08:58:14 PM
#173   Howwwwlywood...... Drill on location so this one could be GREGG THE GREEK 01/03/18 01:23:45 PM
#172   Everything is going along beautifully with $MKSEF. Almost A Myth 01/02/18 09:38:07 PM
#171   SUPER day here and looking very strong $MSKEF DD_dempsey 01/02/18 09:30:45 PM
#170   I wouldn't doubt it. They've been canvasing Almost A Myth 01/02/18 03:04:01 PM
#169   Looking forward to a nice update, wonder if Stonemonsta 01/02/18 01:02:11 PM
#168   Thank you for that update Hollywood! Almost A Myth 01/02/18 11:40:16 AM
#167   Good morning MKSEF! Howlywood 01/02/18 09:20:49 AM
#166   Nice volume on $MKSEF on Friday. Of Almost A Myth 12/30/17 01:01:41 PM
#165   LOVE the upcoming major events $MKSEF DD_dempsey 12/28/17 10:56:36 PM
#164   LOL GREGG THE GREEK 12/28/17 06:38:48 PM
#163   thank you ... kairos 12/28/17 11:53:18 AM
#162   Marksmen is also very active on twitter. Almost A Myth 12/28/17 11:52:35 AM
#161   patience not my strong suite so this makes kairos 12/28/17 11:49:19 AM
#160   We should see an update on drilling progress Almost A Myth 12/28/17 11:47:35 AM
#159   thanks pmunch ... kairos 12/28/17 10:28:42 AM
#158   They are onsite, so any time they wish, pmunch 12/28/17 10:25:22 AM
#157   Any time frame for upcoming news? ... MKSEF kairos 12/28/17 10:23:00 AM
#156   MKSEF looking good here ... great news ahead pmunch 12/28/17 10:03:17 AM
#155   MUST READ?..those shares are restricted 4 months!!!!! DD_dempsey 12/24/17 01:27:17 PM
#154   $MKSEF NEWS: ADDITIONAL OVER-SUBSCRIPTION REPORTED: 12/22/17 NEWS Almost A Myth 12/24/17 01:15:51 PM
#153   It's only a matter of time .... $MKSEF DD_dempsey 12/22/17 08:32:23 PM
#152   Thanks for that $MKSEF update DDD. Almost A Myth 12/22/17 06:13:24 PM
#151   Added more MKSEF as well, great opportunity pmunch 12/22/17 08:13:31 AM
#150   Adding today $MKSEF- have a great feeling DD_dempsey 12/22/17 08:00:41 AM
#149   Wow! Serious loading here today, great timing! Stonemonsta 12/20/17 01:21:54 PM
#148   Gobbling Up shares pmunch 12/20/17 12:42:57 PM
#147   Very nice! Every time I check in here Stonemonsta 12/20/17 07:20:24 AM
#146   I should add re the $MKSEF twitter: They Almost A Myth 12/20/17 12:05:40 AM
#145   ACTIVE TWITTER AGAIN... $MKSEF DD_dempsey 12/20/17 12:02:29 AM
PostSubject