New Stratus Energy Announces Results for the Three Months Ended March 31, 2025, Sacha Reserves Information & Corporate Updates
Calgary, Alberta--(Newsfile Corp. - June 2, 2025) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce the consolidated financial and operating results for the three months ended March 31, 2025 that have been filed on SEDAR+ (www.sedarplus.ca).Three Months Ended March 31, 2025 Highlights:• Adjusted Working Capital: $1,518,819 ($0.01 / common share) • Adjusted EBITDA:
2025-06-02 2:15 PM EDT
New Stratus Energy Announces Results for the Year Ended December 31, 2024 & Corporate Updates
Calgary, Alberta--(Newsfile Corp. - May 5, 2025) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce the consolidated financial and operating results for the year ended December 31, 2024 that have been filed on SEDAR+ (www.sedarplus.ca).Year ended December 31, 2024 Highlights: • Adjusted Working Capital1: $4,094,892 ($0.03 / common share)
2025-05-05 8:30 AM EDT
New Stratus Energy Provides Update on Financing
Calgary, Alberta--(Newsfile Corp. - April 28, 2025) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") announces that it will be deferring the closing of its previously announced subscription receipts financing until at least May 24, 2025. On this date, President Noboa and the new Government of Ecuador will be officially sworn in to govern the Republic of Ecuador for a new four-year term. This also provides equity subscribers with as small of an escrow period...
2025-04-28 8:30 AM EDT
New Stratus Energy Announces Results for the Three and Nine Months Ended September 30, 2024 and Operations Update
Calgary, Alberta--(Newsfile Corp. - November 29, 2024) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce the consolidated financial and operating results for the three and nine months ended September 30, 2024 that have been filed on SEDAR+ (www.sedarplus.ca).Q3 September 30, 2024 Highlights:• Adjusted Working Capital(1)(4): $7,276,143 ($0.05 per basic common share)
2024-11-29 5:40 PM EST
New Stratus Energy Announces Results for the Three and Six Months Ended June 30, 2024 and Operations Update
Calgary, Alberta--(Newsfile Corp. - August 29, 2024) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce the consolidated financial and operating results for the three and six months ended June 30, 2024 that have been filed on SEDAR+ (www.sedarplus.ca).Q2 June 30, 2024 Highlights:Working Capital (Basic): $26,592,550 ($0.21 per basic common share)
2024-08-29 5:12 PM EDT
New Stratus Energy Announces Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - June 3, 2024) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus" or the "Corporation") is pleased to announce that the board of directors of the Corporation has approved a normal course issuer bid (the "Bid") to be transacted through the facilities of TSX Venture Exchange (the "Exchange"). The Bid is intended to commence on June 6, 2024 and will end on June 5, 2025, unless earlier completed or terminated by New Stratus. The Bid remains...
2024-06-03 8:30 AM EDT
New Stratus Energy Announces Results for the Three Months Ended March 31, 2024 and Select Financial Information & Operations Update from Goldpillar
Calgary, Alberta--(Newsfile Corp. - May 30, 2024) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce the consolidated financial and operating results for the three months ended March 31, 2024 that have been filed on SEDAR+ (www.sedarplus.ca).Three months ended March 31, 2024 highlights:Working Capital (Basic): $26,573,118 ($0.21 per basic common share)Adjusted Working Ca
2024-05-30 5:47 PM EDT
New Stratus Energy Announces Agreement to Acquire Production & Significant Development Opportunity in Mexico
Calgary, Alberta--(Newsfile Corp. - May 14, 2024) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce it has entered into definitive agreements (the "Definitive Agreements") with an arm's-length vendor (the "Vendor") for the acquisition of an initial 49% equity interest in Operaciones Petroleras Soledad S. de R.L. de C.V. ("OPS"), a private Mexican oil & gas company, with the exclusive right for NSE to negotiate the purchase up to an additional 41%...
2024-05-14 8:30 AM EDT
New Stratus Energy Announces Results for the Year Ended December 31, 2023 & Operations Update from GoldPillar
Calgary, Alberta--(Newsfile Corp. - April 30, 2024) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce the consolidated financial and operating results for the year ended December 31, 2023 that have been filed on SEDAR + (www.sedarplus.ca).Year ended December 31, 2023 Highlights:Working Capital (Basic):$44,085,970 ($0.36 per basic common share)Adjusted Working Capital
2024-04-30 8:30 AM EDT
New Stratus Energy Announces an Operations Update from Goldpillar & Corporate Update
Calgary, Alberta--(Newsfile Corp. - March 4, 2024) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce an update from GoldPillar International Fund SPC Ltd. ("Goldpillar"), on activities in the Lido-Limón and Oficina fields, assigned to the joint venture Petrolera Vencupet S.A. ("Vencupet"), of which Goldpillar is a shareholder with a 40% stake (giving NSE a 20% interest). During the first two months of 2024, two reactivations were carried out on the LZ-621...
2024-03-04 8:30 AM EST
New Stratus Energy Announces Significant Acquisition in Venezuela and Corporate Update
Calgary, Alberta--(Newsfile Corp. - January 2, 2024) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce the closing of the acquisition (the "Acquisition") of a 50% indirect interest in GoldPillar International Fund SPC Ltd. ("GoldPillar"), a private entity organized and existing under laws of the British Virgin Islands, which has acquired a 40% equity participation (the "Equity Subscription") in a joint venture company, Petrolera Vencupet, S.A. ("Vencupet"), which holds the oil production...
2024-01-02 4:00 PM EST
New Stratus Energy Announces Results for the Three Months Ended September 30, 2023 and Corporate Updates
Calgary, Alberta--(Newsfile Corp. - November 30, 2023) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce that the consolidated financial and operating results for the three and nine months ended September 30, 2023 have been filed on SEDAR+ (www.sedarplus.ca).Q3 2023 Highlights:Working Capital at the end of Q3 of $44,863,108 ($0.37 per share)Net Income (loss) for Q3 of ($4,261,385) ($0.03 per share) which is slightly higher than the previous quarter primarily due to...
2023-11-30 8:30 AM EST
New Stratus Energy Announces Results for the Three Months Ended June 30, 2023 & Corporate Updates
Calgary, Alberta--(Newsfile Corp. - August 29, 2023) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce that the consolidated and operating results for the three and six months ended June 30, 2023 have been filed on SEDAR+ (www.sedarplus.ca).Q2 2023 Highlights:Working Capital at the end of Q2 of $47,533,781 ($0.39 per share)Net Income (loss) for Q2 of ($2,733,720) ($0.02 per share)Corporate Updates:As disclosed on May 30, 2023, the Corporation has signed an MOU...
2023-08-29 8:30 AM EDT
New Stratus Energy Announces MOU with PDVSA Qualified Private Company
Calgary, Alberta--(Newsfile Corp. - August 2, 2023) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") announces the signing of a MOU with GoldPillar International Fund SPC Ltd. ("GoldPillar"), a private entity organized and existing under the laws of the British Virgin Islands and which is in negotiations with Petroleos de Venezuela S.A. ("PDVSA"), the Venezuelan national oil company, to partner in mixed companies to develop oil and gas assets in Venezuela.New Stratus will beneficially hold...
2023-08-02 8:30 AM EDT
New Stratus Energy Announces Tax Credit Refund and Provides Working Capital Update
Calgary, Alberta--(Newsfile Corp. - July 12, 2023) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus" or the "Corporation") announces that during the period of negotiations between Petrolia S.A. ("Petrolia"), a wholly-owned subsidiary of New Stratus, and the Government of Ecuador, specifically the Ministry of Energy and Mines ("MEM"), because of the Notice of Controversy submitted by Petrolia in November 2022 in accordance with Clause 33 of the Petroleum Contracts for Blocks 16 and 67, the Consortium Block 16 (the...
2023-07-12 1:38 PM EDT
New Stratus Energy Announces Consolidated Financial Results for Three Months Ended March 31, 2023, Signing of MOU & Warrant Extension
Calgary, Alberta--(Newsfile Corp. - May 30, 2023) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus" or the "Corporation") is pleased to announce that it has entered into a Memorandum of Understanding ("MOU") with a vendor to acquire operatorship and a high working interest in a light oil production block. Confirmatory due diligence is ongoing and specific acquisition details will be provided upon signing of a definitive agreement. Additionally the consolidated financial and operating results for the three...
2023-05-30 6:42 PM EDT
New Stratus Energy Announces Consolidated Financial Results for the Nine Months Ended December 31, 2022
Calgary, Alberta--(Newsfile Corp. - May 2, 2023) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus" or the "Corporation") is pleased to announce its consolidated financial and operating results for the nine months ended December 31, 2022.Nine Month Highlights :Revenues of $93.3 million Funds flow from operations1 of $25.1 million ($0.21 per share)Adjusted EBITDA1 of $30.9 million ($0.26 per share) Adjusted working capital 1of $34.6 million ($0.30 per share).(1) This is a non-GAAP financial measure...
2023-05-02 10:30 AM EDT
New Stratus Energy Provides Corporate Update
Calgary, Alberta--(Newsfile Corp. - February 27, 2023) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus" or the "Corporation") is pleased to provide the following updates:Corporate UpdatesThe Corporation has successfully completed all 2022 year end accrued sales of crude and expects to maintain the cash and receivables per share of CAD$0.30 as at March 31, 2023, as previously announced. The Corporation is changing its year end from March 31 to December 31 effective immediately; accordingly, a stub 9...
2023-02-27 8:30 AM EST
New Stratus Energy Provides Update on Ecuador Assets and Announces Intention to Pursue International Arbitration
Calgary, Alberta--(Newsfile Corp. - December 5, 2022) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus" or the "Corporation") announces that following a meeting in Quito, Ecuador among the Corporation and the President of Ecuador, Guillermo Lasso and his Minister of Energy, Fernando Santos, the Government of Ecuador (the "Government") informed the Corporation and its advisors that it does not intend to fulfill its legal and contractual obligation to appoint the required Negotiations Committee for the extension and migration of...
2022-12-05 8:30 AM EST
New Stratus Energy Announces Quarterly Revenue, Funds Flow, EBITDA, Cash & Working Capital
Calgary, Alberta--(Newsfile Corp. - November 29, 2022) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus", "NSE" or the "Corporation") is pleased to announce its financial and operating results for the three months ended September 30, 2022.Quarterly HighlightsQuarterly revenue of $29.5 million Quarterly funds flow from operations (1) of $9.0 million ($0.08 per share)Quarterly adjusted EBITDA (1) of $10.5 million ($0.09 per share) Ended the quarter with a cash balance of $8.6 million ($0.07 per share) and working capital of...
2022-11-29 8:30 AM EST