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Park Place Energy Inc. (PKPL)

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Last Post: 3/18/2019 10:05:34 AM - Followers: 21 - Board type: Free - Posts Today: 0

 

Park Place Energy Announces Filing of Preliminary Canadian Prospectus, and Appointment of Independent Director


 

Vancouver, British Columbia, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Park Place Energy Inc. (PKPL) (“we”, “us”, “our”, the “Company”) is pleased to announce that, on January 10, 2019, we filed a preliminary non-offering prospectus with the British Columbia Securities Commission (“BCSC”). The prospectus is being filed in accordance with the provisions of Canadian National Instrument 41-101 – General Prospectus Requirements to qualify the distribution of our common shares in Canada. No new securities are being offered. Concurrently with the filing, the Company is making an application to list our common shares on the Canadian Securities Exchange (“CSE”).

Final acceptance of the prospectus and the listing will be subject to the review and approval of the BCSC and the CSE, respectively. The Company believes that, if successful, listing on the CSE will offer greater visibility and liquidity to shareholders, while enabling the Company to discuss growth opportunities with a wide range of Canadian based institutions specializing in the microcap resource sector. If listed on the CSE, the Company’s shares will also qualify for tax protection under certain Canadian retirement accounts for which they are not presently eligible, potentially increasing

The Company can give no assurances that its listing application will be successful or that, if it is successful, that any material increase in liquidity will result.

In connection with our potential listing, the Company is pleased to announce the appointment of Dr. Barry Wood as a director of the Company, effective December 31, 2018. Dr. Wood has over 45 years’ experience in the upstream oil and gas industry, having spent the core of his career with Shell Canada and Marathon International Oil Company. With Marathon he directed asset evaluations across Southeast Asia and the Afro/Arabian regions, and drilling campaigns in Egypt and Syria for over 16 years. In 1998 he founded PetroQuest International SA a private exploration and advisory firm which he led to new exploration fairways in Tanzania, Syria and Egypt through the application of his research in reservoir formation. Since 2008, his experience has also included senior advisory positions with companies such as Dana Gas, NPC (Egypt), Sea Dragon (Egypt), and Maurel et Prom (Tanzania), among others, in establishing new offices, reviewing and recommending new opportunities, preparing contracts and managing geological and geophysical programs. Dr. Wood holds a D. Phil from Oxford University and is a member of the Geological Society of London, The Petroleum Exploration Society of Great Britain, and the American Association of Petroleum Geologists.

About the Company

Park Place has several interests oil and gas assets in Turkey and Bulgaria. In Turkey, these include an 18% interest in the Cendere oil field, a 49% interest in the SASB offshore gas field, a 100% interest in 42,833 hectares of exploration blocks (Derecik Exploration Licences) covering the northern extension of the prolific Iraq/Kurdistan Zagros Basin, and the Vranino 1-11 block, Bulgaria, a prospective unconventional natural gas property.

Contact

Park Place Energy Inc. is an energy company engaged in oil and natural gas exploration and production. For further information, please see our website: www.parkplaceenergy.com or email us: contact@parkplaceenergy.com.

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PKPL News: Current Report Filing (8-k) 01/15/2019 01:35:31 PM
PKPL News: Statement of Changes in Beneficial Ownership (4) 12/06/2018 07:42:15 AM
PKPL News: Statement of Changes in Beneficial Ownership (4) 12/06/2018 06:25:47 AM
PKPL News: Quarterly Report (10-q) 11/15/2018 05:04:48 PM
PKPL News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/15/2018 04:56:07 PM
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#715   $PKPL 50,000 on the bid @.11 5,000 on equijohn 03/18/19 10:05:33 AM
#714   Healthy bid at .11 CSE listing soon? equijohn 03/15/19 03:54:23 PM
#713   Buys @.138 today equijohn 03/12/19 02:51:02 PM
#712   $PKPL trade data https://twitter.com/equijohn/status/1105167553264041985?s=19 equijohn 03/11/19 02:05:28 PM
#711   Ask at .12 , buys at .10 today equijohn 03/11/19 01:24:48 PM
#710   Will do goldforbrains 03/09/19 06:50:34 PM
#709   If you don't like what I post feel equijohn 03/09/19 09:37:38 AM
#708   Stop posting old info goldforbrains 03/08/19 09:23:24 PM
#707   $PKPL https://twitter.com/equijohn/status/1104147014714044418?s=19 equijohn 03/08/19 05:49:13 PM
#706   $PKPL up 36% on early Trading , posting equijohn 03/08/19 11:12:51 AM
#705   $PKPL https://twitter.com/equijohn/status/1103756063172636673?s=19 equijohn 03/07/19 03:43:41 PM
#704   Bid at .08 as CSE listing approaches $PKPL equijohn 03/06/19 02:29:39 PM
#703   $PKPL https://twitter.com/equijohn/status/1103327967491620864?s=19 equijohn 03/06/19 11:16:28 AM
#702   The wall @ .0875 is gone , run equijohn 03/05/19 03:58:30 PM
#701   $PKPL https://twitter.com/equijohn/status/1102613685565079553?s=19 equijohn 03/04/19 12:04:29 PM
#700   $PKPL. https://twitter.com/equijohn/status/1101581536829337600?s=19 equijohn 03/02/19 10:56:03 AM
#699   $PKPL no selling into the bid, Bid today equijohn 02/28/19 04:12:15 PM
#698   $PKPL https://twitter.com/equijohn/status/1100618107436052480?s=19 equijohn 02/26/19 11:51:17 PM
#697   Company IR, we should see something as it equijohn 02/26/19 02:24:19 PM
#696   Sorry what do you mean by the hearing? goldforbrains 02/25/19 06:17:11 PM
#695   Hearing should be within the next couple of months equijohn 02/23/19 11:21:49 AM
#694   $PKPL https://finance.yahoo.com/news/park-place-energy-announces-filing-0108174 equijohn 02/22/19 07:38:24 PM
#693   $PLPK http://parkplaceenergy.com/corporate-info/ equijohn 02/22/19 07:30:38 PM
#692   $PKPL has received the first equijohn 02/22/19 04:37:50 PM
#691   $PKPL equijohn 02/21/19 06:25:29 PM
#690   $PKPL equijohn 02/21/19 06:24:01 PM
#689   $PKPL equijohn 02/21/19 06:21:55 PM
#688   $PKPL equijohn 02/21/19 06:21:17 PM
#687   Stop sign is gone, financials are current. goldforbrains 10/11/18 01:44:25 PM
#686   Volume is picking up. Financing announced. goldforbrains 12/15/17 05:47:18 PM
#685   This is a good oil play. Annual goldforbrains 11/21/17 04:14:07 PM
#684   Stair stepping nicely Ntaaffe 01/10/17 08:28:18 PM
#683   He has gone back into hiding after this cjmeyer 12/30/16 11:52:27 AM
#682   He didn't get my money! StocksNcash 12/23/16 04:53:29 PM
#681   He's own shares, from a holding compnay in ccharon86 12/23/16 02:28:46 PM
#680   Yup he got paid $45000 for a 1 Wall $treet Kid 12/23/16 01:54:43 PM
#679   You got that right ! StocksNcash 12/23/16 10:15:34 AM
#678   Look out below!Must be DUMP time if he cjmeyer 12/23/16 10:05:37 AM
#677   Oh no!!! StocksNcash 12/23/16 09:33:50 AM
#676   Pumped by the Wolf https://t.co/veJTCns75H poohpooh 12/23/16 09:33:02 AM
#675   WOLF PROMO BottomzUpp 12/23/16 09:31:30 AM
#674   PKPL up 12 % today looks good stockseekerok 12/07/16 03:46:58 PM
#673   http://parkplaceenergy.com/the-president-of-park-place-energy-we-would-like-to-p mediscience 12/09/14 08:03:09 PM
#672   reference still in error; mediscience 11/02/14 10:22:01 PM
#671   thank you for the reference, however i got mediscience 10/03/14 01:25:47 AM
#670   https://research.scottrade.com/qnr/uploadhandler/z01a70f0az1387ca89ccbe4aec90202 tlish 09/30/14 03:08:15 PM
#669   thank you, any important news ? mediscience 09/22/14 02:00:16 PM
#668   8K Filed!! tlish 07/30/14 03:53:55 PM
#667   Tic-toc tic- toc Wheatbuck 07/06/14 02:28:28 PM
#666   I do own. A grands worth. Not fretting. doughboy2 05/06/14 09:01:34 PM
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