Forza Petroleum Limited

Recent News

  • Forza Petroleum Q1 2022 Financial and Operational Results

    Calgary, Alberta--(Newsfile Corp. - May 13, 2022) - Forza Petroleum Limited (TSX: FORZ) ("Forza Petroleum" or the "Corporation") today announces its financial and operational results for the three months ended March 31, 2022. All dollar amounts set forth in this news release are in United States dollars.Financial Highlights:Revenue of $82.4 million for Q1 2022, consisting of an average realized sales price of $81.07/barrel of oil ("bbl") on working interest sales of 851,000 bbl and $13.4 million in recovery of carried...

    2022-05-13 6:53 PM EDT
  • Forza Petroleum 2021 Financial and Operational Results

    Calgary, Alberta--(Newsfile Corp. - March 16, 2022) - Forza Petroleum Limited (TSX: FORZ) ("Forza Petroleum" or the "Corporation") today announces its financial and operational results for the year ended December 31, 2021. All dollar amounts in this news release are in United States dollars.2021 Financial Highlights:Revenue of $187.8 million, consisting of an average realized sales price of $54.52/barrel of oil ("bbl") on working interest oil sales of 2,885,300 bbl and $30.5 million in recovery of carried costsThe Corporation has received...

    2022-03-16 8:53 PM EDT
  • Forza Petroleum Announces its Year-End 2021 Reserves and Resources

    Calgary, Alberta--(Newsfile Corp. - March 3, 2022) - Forza Petroleum Limited (TSX: FORZ) ("Forza Petroleum" or the "Corporation") today announced its oil reserves and resources as at December 31, 2021 as evaluated by Netherland, Sewell & Associates, Inc. ("NSAI"), an independent oil and gas consulting firm, and as set forth in a report prepared in accordance with National Instrument 51-101 by NSAI (the "2021 NSAI Report"). The reserves and resources disclosure coincides with the filing on SEDAR at www.sedar.com...

    2022-03-03 7:00 AM EST
  • Forza Petroleum Operations Remain Unaffected as it Assesses a Ruling by the Iraqi Federal Supreme Court on the Validity of the Kurdistan Region Oil and Gas Law

    Calgary, Alberta--(Newsfile Corp. - February 17, 2022) - Forza Petroleum Limited ("Forza Petroleum" or the "Corporation") acknowledges that on February 15, 2022, the Iraqi Federal Supreme Court (the "Court") has ruled unconstitutional the Kurdistan Regional Government Law No. 28 of 2007, which regulates the oil and gas sector in the Kurdistan Region of Iraq. The Court's judgment also provides that the Iraqi Ministry of Oil may pursue the annulment of Production Sharing Contracts that have been entered by the Kurdistan...

    2022-02-17 5:22 AM EST
  • Forza Petroleum Q3 2021 Financial and Operational Results and 2022 Capital Budget

    Calgary, Alberta--(Newsfile Corp. - November 10, 2021) - Forza Petroleum Limited (TSX: FORZ) ("Forza Petroleum" or the "Corporation") today announces its financial and operational results for the three and nine months ended September 30, 2021. All dollar amounts set forth in this news release are in United States dollars.Financial Highlights:Revenue of $48.7 million for Q3 2021, consisting of an average realized sales price of $56.81/barrel of oil ("bbl") on working interest oil sales of 718,500 bbl and $7.9 million in...

    2021-11-10 6:00 PM EST
  • Forza Petroleum Q2 2021 Financial and Operational Results

    Calgary, Alberta--(Newsfile Corp. - August 10, 2021) - Forza Petroleum Limited (TSX: FORZ) ("Forza Petroleum" or the "Corporation") today announces its financial and operational results for the three and six months ended June 30, 2021. All dollar amounts set forth in this news release are in United States dollars.Financial Highlights:Revenue of $45.7 million for Q2 2021, consisting of an average realized sales price of $52.32/barrel of oil ("bbl") on working interest oil sales of 731,200 bbl and $7.4 million in...

    2021-08-10 5:10 PM EDT
  • Forza Petroleum Announces Election of Directors

    Calgary, Alberta--(Newsfile Corp. - June 29, 2021) - Forza Petroleum Limited (TSX: FORZ) ("Forza Petroleum" or the "Corporation") today announces that the nominees listed in its Management Proxy Circular dated May 17, 2021 were elected as directors of Forza Petroleum. Detailed results of the vote for the election of directors held earlier today at Forza Petroleum's Annual and Special Meeting of Shareholders are set out below.Each of the following four nominees proposed by management was elected as a director by...

    2021-06-29 11:11 AM EDT
  • Forza Petroleum Q1 2021 Financial and Operational Results

    Calgary, Alberta--(Newsfile Corp. - May 6, 2021) - Forza Petroleum Limited (TSX: FORZ) ("Forza Petroleum" or the "Corporation") today announces its financial and operational results for the three months ended March 31, 2021. All dollar amounts set forth in this news release are in United States dollars.Financial Highlights:Revenue of $35.7 million for Q1 2021, consisting of an average realized sales price of $44.44/barrel of oil ("bbl") on working interest sales of 673,400 bbl and $5.8 million in recovery of carried...

    2021-05-06 6:00 PM EDT