Tuktu Resources Ltd. Announces Appointment of New Director
Calgary, Alberta--(Newsfile Corp. - June 4, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce that Robert Yurchevich was elected to the Company's board of directors at the annual general meeting and special meeting (the "Annual Meeting") of shareholders of Tuktu held earlier today, joining Tuktu's existing board as a new additional director.Robert Yurchevich CPA, CFA is the Founder and President of Blackfriars Capital Management Inc., a private investment management firm specializing in absolute return event...
2025-06-04 5:01 PM EDT
Tuktu Resources Ltd. Announces First Quarter 2025 Results and Operations Update
Calgary, Alberta--(Newsfile Corp. - May 21, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2025, as well as an operations update. Selected financial and operating information should be read in conjunction with Tuktu's unaudited interim condensed financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2025, copies of which are available on the Company's...
2025-05-21 10:24 PM EDT
Tuktu Resources Ltd. Announces 2024 Year End Results and Operations Update
Calgary, Alberta--(Newsfile Corp. - April 23, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce its financial and operating results for the three months and year ended December 31, 2024 and an operations update on its recently drilled and completed well.The audited financial statements, related management's discussion and analysis ("MD&A") and annual information form for the year ended December 31, 2024 ("AIF") are available on SEDAR+ at www.sedarplus.ca. Select financial and operating information for...
2025-04-23 6:08 PM EDT
Tuktu Resources Ltd. Announces 2024 Year-End Reserves and Operations Update
Calgary, Alberta--(Newsfile Corp. - March 24, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce the results of its year-end independent oil and gas reserves evaluation as of December 31, 2024 (the "Deloitte Report"), as prepared by its independent qualified reserves evaluator, Deloitte Canada LLP ("Deloitte"), and an operations update on its recently drilled and completed well. 2024 Reserve Report HighlightsProved developed producing reserves ("PDP") increased 18% to 1,086 Mboe with a...
2025-03-24 5:50 PM EDT
Tuktu Resources Ltd. Provides Operational Update on Recent Drilling Operations
Calgary, Alberta--(Newsfile Corp. - February 27, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to provide an operational update on its current field operations. Tuktu commenced drilling operations and spud its first horizontal well on February 2, 2025. Drilling was completed, and the rig was demobilized on February 21, 2025. This rig has been contracted by another area operator. Aggregate drilling costs are anticipated to be approximately $3.0 million.Drilling operations went smoothly, despite very cold...
2025-02-27 7:00 AM EST
Tuktu Resources Ltd. Announces Expansion of Deep Basin Land Position in Southern Alberta and First Horizontal Well
Calgary, Alberta--(Newsfile Corp. - February 4, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce a significant expansion of its prospective land base adjacent to its new pool discovery in the light oil-prone southern Alberta deep basin. Land ExpansionThrough a combination of crown land sales and various transactions with freehold mineral rights owners, Tuktu has increased its land position by approximately 27.75 gross sections. In total, Tuktu now holds a controlling and majority interest in...
2025-02-04 7:00 AM EST
Tuktu Resources Ltd. Announces Initial 2025 Capital Budget
Calgary, Alberta--(Newsfile Corp. - January 27, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce its initial 2025 capital budget. The Company's board of directors has approved a capital budget of $6.85 million for the first six months of 2025, which will be used for drilling, completing and equipping one horizontal well and for land acquisitions and production optimization projects. The Company will monitor results from its operations and consider an additional capital program...
2025-01-27 7:00 AM EST
Tuktu Resources Ltd. Provides Operational Update
Calgary, Alberta--(Newsfile Corp. - January 15, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to provide an operational update on its discovery well.On December 3, 2024, the Company issued a press release indicating that its discovery well was brought on production after an extended shut-in period due to normal-course, regulatory requirements. Prior to the obligatory shut-in period, which commenced on October 8, 2024, the well produced at an average rate of 394 bbl/d with less than 1%...
2025-01-15 5:00 PM EST
Tuktu Resources Ltd. Announces Operational Update and Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - December 3, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce an operational update and the issuance of stock options to Tuktu's directors and officers as part of the Company's long-term incentive program. Operational Update Tuktu has resumed production on its southern Alberta oil discovery well after the retirement of "overproduced volumes". The well was brought on production on December 1st without incident and is producing as expected by management...
2024-12-03 7:22 PM EST
Tuktu Resources Ltd. Announces Q3 2024 Results
Calgary, Alberta--(Newsfile Corp. - November 26, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024.The unaudited interim condensed financial statements and related management's discussion and analysis ("MD&A") are available on SEDAR+ at www.sedarplus.ca. Select financial and operating information for the three and nine months ended September 30, 2024 appear below and should be read in conjunction with the related...
2024-11-26 6:28 PM EST
Tuktu Resources Ltd. Announces Closing of $10 Million Marketed Public Offering of Units
Calgary, Alberta--(Newsfile Corp. - November 21, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce the closing of its previously announced "best efforts" prospectus offering (the "Offering") announced on November 4, 2024. Pursuant to the Offering, the Company received gross proceeds of approximately $10.05 million from the issuance of 111,664,805 units of the Company ("Units") at a price of $0.09 per Unit, including a partial exercise of the over-allotment option (collectively, the "Offering"). Each Unit is...
2024-11-21 8:50 AM EST
Tuktu Resources Ltd. Announces Operational Update on Its Discovery Well
Calgary, Alberta--(Newsfile Corp. - October 28, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to provide an operational update on its discovery well. On September 16, 2024, the Company announced initial production rates on its conventional light oil discovery in the southern Alberta Deep basin. In that press release, a rate of 408 bbl/d oil was indicated as an average calendar day rate from August 17, 2024 through to September 15, 2024 on the discovery...
2024-10-28 5:42 PM EDT
Tuktu Resources LTD. Provides Production Update of Its Light Oil Discovery
Calgary, Alberta--(Newsfile Corp. - September 16, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to provide a production update on its new light oil pool discovery in the southern Alberta Deep Basin, which was announced July 30, 2024.Over the last 30 days of production (August 17, 2024 through September 15, 2024) the well averaged 413 bbl/d fluid (408 bbl/d oil) and over the last seven (7) days of production (September 9, 2024 through September 15, 2024),...
2024-09-16 7:00 AM EDT
Tuktu Resources Ltd. Announces Light Oil Discovery and Land Earning Under Previously Announced Farm-In Agreement
Calgary, Alberta--(Newsfile Corp. - July 30, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce the earning on the Company's recently executed farm-in agreement and successful test of a new oil zone in the deep basin of southern Alberta. As previously announced, on July 17, 2024, the Company executed a definitive agreement (the "Agreement") with an arm's length private company to farm-in on certain undeveloped rights in the Southern Alberta deep basin. Pursuant to the terms...
2024-07-30 8:00 AM EDT
Tuktu Resources Ltd. Announces Completion of Farm-In Arrangement in Southern Alberta, Stock Option Grant and New Chair of the Board.
Calgary, Alberta--(Newsfile Corp. - July 17, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce the completion of the farm-in arrangement previously announced on April 17, 2024, the issuance of stock options to Tuktu's directors and officers, and the appointment of Kathleen Dixon as the Chair of the Company's board of directors. Farm-in AgreementTuktu has executed a definitive agreement with an arms-length private company in respect of the farm-in arrangement previously announced on April...
2024-07-17 7:20 PM EDT
Tuktu Resources Ltd. Announces Closing of $1.35 Million Brokered Private Placement and Closing of Oil Asset Purchase in Southern Alberta
Calgary, Alberta--(Newsfile Corp. - May 28, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce the closing of the acquisition of southern Alberta oil assets (the "Assets") owned and operated by an arm's length public company, as previously announced in press releases on October 18, 2023 and December 29, 2023. The Company has also completed the brokered private placement (the "Private Placement") announced on April 17, 2024. Pursuant to the Private Placement, the Company received gross...
2024-05-28 9:07 AM EDT
Tuktu Resources Ltd. Announces $1.2 Million Interest Free Senior Secured Loan
Calgary, Alberta--(Newsfile Corp. - May 13, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") announces that it has agreed to a $1.2 million loan evidenced by an interest free, senior secured promissory note (the "Promissory Note"), from an arm's length third party. The loan proceeds will be used to fund a deposit (the "Deposit") with the Alberta Energy Regulator ("AER"), required as a condition of the licence transfers for certain asset acquisition transactions announced on March 21, 2023...
2024-05-13 7:36 PM EDT
Tuktu Resources Ltd. Announces 2023 Year-End Results and Reserves
Calgary, Alberta--(Newsfile Corp. - April 25, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce the results of its year-end independent oil and gas reserves evaluation as of December 31, 2023 (the "Deloitte Report"), as prepared by its independent reserves evaluator, Deloitte Canada LLP ("Deloitte"), as well as the release of its annual information form ("AIF"), audited annual financial statements ("Financial Statements") and related management's discussion and analysis ("MD&A") for the year ended December...
2024-04-25 6:16 PM EDT
Tuktu Resources Ltd. Announces a Brokered Private Placement of $2.0 Million of Units and Farm-in Agreement
Calgary, Alberta--(Newsfile Corp. - April 17, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") announces a brokered private placement of up to 40,000,000 units of the Company (the "Units") at a price of $0.05 per Unit (the "Issue Price") for gross proceeds of up to $2,000,000 (the "Offering"). The Offering is being conducted by Canaccord Genuity Corp as the sole agent and sole bookrunner (the "Agent").Each Unit shall be comprised of one common share in the capital...
2024-04-17 6:35 PM EDT
Jasper Mining Corporation Provides Update to the April 29, 2020 Press Release
Calgary, Alberta--(Newsfile Corp. - May 8, 2020) - Jasper Mining Corporation (TSXV: JSP.H) ("Jasper" or the "Company") announces that due to logistics and delays caused by the COVID-19 virus, it is relying on the exemption provided in Alberta Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Requirements (the "Alberta Order") of the Alberta Securities Commission and similar exemptions provided by the other securities commissions to postpone he filing of the following continuous disclosure documents (collectively the "Documents"). As an...
2020-05-08 11:46 AM EDT