Blacksteel Energy Inc. News Releases

Blacksteel Energy Inc. Announces Closing of Sale of Girouxville Assets

Wed, 27 Aug 2025 17:05:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 27, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to confirm closing of the previously announced sale by the Corporation and its 100% subsidiary Drakkar Energy Ltd. of all of its oil producing assets in the Girouxville Area to Perthro (Canada) Inc. (the "Transaction").Total consideration for the Transaction was comprised of the following: ~$2,015,000, representing the base purchase price after certain pre-closing...

Blacksteel Energy Inc. Announces Further Amendment to Agreement for the Sale of Girouxville Assets

Wed, 09 Jul 2025 18:11:00 -0400

Calgary, Alberta--(Newsfile Corp. - July 9, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that further to its press releases dated March 3, 2025, May 9, 2025 and June 10, 2025 outlining the sale by the Corporation and its 100% subsidiary Drakkar Energy Ltd. of all of its oil producing assets in the Girouxville Area to Perthro (Canada) Inc. (the "Proposed Transaction"), the parties have agreed to a third amending agreement dated July 9, 2025 (the "Third...

Blacksteel Energy Inc. Announces Additional Amendment to Agreement for the Sale of Girouxville Assets and Shareholder Support Agreements

Wed, 11 Jun 2025 09:55:00 -0400

Calgary, Alberta--(Newsfile Corp. - June 11, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that further to its press releases dated March 3, 2025 and May 9, 2025 outlining the sale by the Corporation and its 100% subsidiary Drakkar Energy Ltd. ("Drakkar") of all of its oil producing assets in the Girouxville Area to Perthro (Canada) Inc. ("Perthro") (the "Proposed Transaction"), the parties have agreed to a second amending agreement dated June 10, 2025...

Blacksteel Energy Inc. Announces Amendment to Agreement for the Sale of Girouxville Assets

Fri, 09 May 2025 14:19:00 -0400

Calgary, Alberta--(Newsfile Corp. - May 9, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that further to its press release dated March 3, 2025 outlining the sale by the Corporation and its 100% subsidiary Drakkar Energy Ltd. ("Drakkar") of all of its oil producing assets in the Girouxville Area to Perthro (Canada) Inc. ("Perthro") (the "Proposed Transaction"), the parties have agreed to amend the consideration paid by Perthro to Blacksteel under the...

Blacksteel Energy Inc. Responds to Concerned Shareholders

Wed, 16 Apr 2025 15:59:00 -0400

Calgary, Alberta--(Newsfile Corp. - April 16, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") announces that, further to a news release issued on March 21, 2025 (the "Dissident Shareholder News Release") by a group of shareholders (the "Dissident Shareholder Group") requisitioning a special shareholders' meeting to replace the Corporation's current board of directors, it would like to provide clarification on several misstatements and inaccuracies in the Dissident Shareholder...

Blacksteel Energy Inc. Announces April 30, 2024, Reserves Update

Wed, 09 Apr 2025 17:19:00 -0400

Calgary, Alberta--(Newsfile Corp. - April 9, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Company") announces that it has filed its independent reserves report for the year ended April 30, 2024.GLJ Ltd. ("GLJ") conducted an independent reserves evaluation and prepared the Company's reserve report (the "Reserve Report") dated March 31, 2025, effective April 30, 2024, in accordance with National Instrument 51-101 standards and the requirements of the Society of Petroleum Evaluation...

Blacksteel Energy Inc. Announces Agreement for the Sale of Girouxville Assets

Tue, 04 Mar 2025 16:19:00 -0500

Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") announces that Blacksteel Energy Inc. and its 100% subsidiary Drakkar Energy Ltd. has signed an Agreement for Purchase and Sale ("APS") dated March 3, 2025, between Perthro (Canada) Inc. ("Perthro") ("Buyer") pursuant to which Blacksteel has agreed to sell all of its oil producing assets in the Girouxville Area ("Assets") to Perthro for a base purchase price of $2.6 million (the...

Blacksteel Energy Inc. Announces April 30, 2023, Annual Financial Statements and Management Discussion and Analysis

Tue, 12 Nov 2024 18:31:00 -0500

Calgary, Alberta--(Newsfile Corp. - November 12, 2024) - Blacksteel Energy Inc. ("Blacksteel" or "Corporation") announces the filing of its April 2023 audited financial statements and management discussion and analysis for the year ended April 30, 2023.2023 AND FOURTH QUARTER 2023 HIGHLIGHTSHighlights from 2023 and the fourth quarter of 2023 are as follows:Generated a profit (loss) and other comprehensive income of $ 3,033,780 ($0.04) per basic and fully diluted share) for the three months ended...

Blacksteel Energy Inc. Announces Farmout and Royalty Agreement

Tue, 14 May 2024 20:59:00 -0400

Calgary, Alberta--(Newsfile Corp. - May 14, 2024) - Blacksteel Energy Inc. ("Blacksteel" or "Corporation "or the "Farmee") announces a farmout and royalty agreement ("Agreement") between four private companies (collectively, the "Farmor") and the Corporation.The Agreement is a strategic alliance for Blacksteel as it combines Blacksteel's existing acreage in the productive Montney play in the Girouxville East area of Alberta with the Farmor's lands. The Agreement creates a contiguous 8,000-acre...

Blacksteel Energy Inc. Announces Appointment of New Chief Executive Officer and Chief Operating Officer

Thu, 21 Mar 2024 17:41:00 -0400

Calgary, Alberta--(Newsfile Corp. - March 21, 2024) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") announces that Mr. Duncan Nightingale has resigned as President, Chief Executive Officer, and Director of the Corporation for personal reasons.Blacksteel is pleased to announce that Arthur Madden, the Corporation's Chief Financial Officer, has agreed to assume the position of President and Chief Executive Officer of the Corporation and join the board of directors. In addition, the...