FLYING A PETROLEUM LTD. is a petroleum exploration company listed on the TSX - Venture Exchange under the trading symbol: V.FAB
The Company has undertaken exploration projects in British Columbia, Canada and the State of Louisiana, USA, exploring primarily for natural gas.
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| Corporate Objectives |
Management has refocused its attention and has developed a short term and medium term strategy designed to acquire gas production through acquisition, drilling or re-entry programs.
The Company will focus on natural gas projects as they enjoy more stability in pricing.
The Company has ongoing oil and gas projects in the State of Louisiana, USA.
The Company has undertaken to participate for a 17.5% working interest in the Slave Point Test Well in Northeastern, British Columbia, Canada. A major Oil & Gas Company is the Operator of this project.
FLYING A PETROLEUM LTD. is a petroleum exploration company listed on the TSX - Venture Exchange under the trading symbol: V.FAB
The Company has undertaken exploration projects in British Columbia, Canada and the State of Louisiana, USA, exploring primarily for natural gas. |
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Latest News
| April 8, 2008 |
Flying A Petroleum Ltd. (the
“Company”) is pleased to announce that further to the Company’s news release of
February 15th, 2008 announcing a non–brokered private placement for the sale of up to 22
million units at $0.05 per unit, where each unit consists of one common share of the
Company and one share purchase warrant at the exercise price of $0.10 per share, the
Company has now completed the first and second tranches of 8,926,000 units and
2,817,000 units respectively for total gross proceeds of $587,150. |
| Feb 14, 2008 |
The Company wishes to announce that its plan to merge with Bighorn Petroleum Ltd.
(“Bighorn”), Wyn Developments Inc. (“Wyn”) and Tenaka Drilling Consortium Ltd.
(“Tenaka”) into a newly formed Company (Canada Gas Corp), as previously disclosed, is
proceeding as planned and a shareholders meeting to approve the amalgamation and other
matters is expected to be called in the short term. |
| Sept 18, 2007 |
Bighorn Petroleum Ltd. (TSXV: BHP, “Bighorn”), Flying A Petroleum Ltd. (TSXV: FAB, “Flying A”), Tenaka Drilling Consortium Ltd. (“Tenaka”) and Wyn Developments Inc. (TSXV: WL, FWB: YXE, OTCBB: WYDPF, “Wyn”), (collectively the “Partners”), have received Reliance Engineering Group Ltd.’s (“Reliance”) independent national instrument 51-101 compliant property reserve evaluation for all drilled sections of the Prophet River, Bougie Trutch, and Trutch East land holdings. |
| July 11, 2007 |
Flying A Petroleum Ltd. (the "Company") is pleased to advise that the private placement previously announced on June 26, 2007 has increased from 10,000,000 units to 12,851,642 units remaining at $0.15 per unit for a total of $1,920,246.50, where each unit consists of one common share of the Company and one share purchase warrant at the exercise price of $0.25 per share and the books have now been closed. |
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