DXI Energy to Exit the Hydrocarbon Energy Business
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2020) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today announced that its Board of Directors has decided the Company needs to exit the energy space immediately, given current affairs beyond the Company's control. The 99% owned Woodrush multi well...
2020-04-07 3:32 PM EDT
DXI Energy Completes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2020) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today announced that it has issued 2,215,068 shares to each of Hodgkinson Equities Corporation ("HEC") and Hodgkinson Ventures Inc. ("HVI"), for a total of 4,430,136 shares following receipt of...
2020-01-23 5:15 PM EST
DXI Closes Gross Proceeds of C$959,832 in Brokered Equity Financing at C$0.03 per Unit
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2019) - DXI Energy Inc. (TSX: DXI.TO) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today announced that it closed a brokered private placement with gross proceeds of C$959,832 (net proceeds of C$944,184) by way of the issuance of 31,994,400 Units at C$0.03 per Unit. Each...
2019-12-03 5:15 PM EST
DXI Energy Inc. Receives Consent of Shareholders to Complete Unit Offering
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), is pleased to announce that in connection with a Unit Offering (the "Offering") in progress and in accordance with the Toronto Stock Exchange ("TSX") rules, the Company obtained the approval, by way of written consent, from its shareholders, which currently holds 114,765,669 shares representing 53% of the issued and outstanding shares of the Company, on a...
2019-11-06 5:15 PM EST
DXI Reports Q3 2019 Results
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced its financial results for the three and nine month periods ended September 30, 2019.Q3 2019 Key Financial and Operating Highlights are:Reduced G&A expenses by 27% to $211,000 from $290,000 for...
2019-10-31 5:15 PM EDT
DXI Energy Provides Strategic Update - Plans Transition to Midstream Market with Natural Gas-to-Methanol Conversion Plant at Woodrush in NE B.C.
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration company operating in the Peace River Arch region in British Columbia, today announced plans to convert its oil and natural gas processing facility at Woodrush, approximately 120 kilometres north of Ft. St. John, to facilitate scalable production of methanol, initially targeting a potential of 16,000 gallons of methanol per...
2019-09-05 5:30 PM EDT
DXI Reports Q2 2019 Results
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced its financial results for the three and six month periods ended June 30, 2019.Q2 2019 Key Financial and Operating Highlights are: Raised gross proceeds of $350,000 in equity under challenging...
2019-08-08 5:30 PM EDT
DXI Completes $350,140 Private Placement of Shares
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announces the Company has closed a private placement of 5,835,667 shares at $0.06 per share for gross and net proceeds of $350,140. The private placement was previously announced on June 13,...
2019-07-25 5:30 PM EDT
DXI Energy Appoints Simon Raven as President and CEO and Chairman of the Board of Directors, Plans Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced changes to the Company's management team, including the appointment of experienced oil and gas industry executive Simon Raven to the roles of President and Chief Executive Officer, and Chairman of the Board of...
2019-06-13 5:30 PM EDT
DXI Reports Q1 2019 Results
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced its financial results for the three month period ended March 31, 2019.Q1 2019 Key Financial and Operating Highlights are:Raised gross proceeds of $1,983,000 in equity, of which $1,929,000 is cash,...
2019-05-09 5:15 PM EDT
DXI Energy Provides AGSM Voting Results
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced the results of its Annual General and Special Meeting of Shareholders held on April 29, 2019 at the Company's Vancouver office. The following sets forth a brief description of each matter which was...
2019-04-30 5:45 PM EDT
DXI Energy Announces Supplement to "Notice of Annual General and Special Meeting of Shareholders" Circular Distributed to Shareholders on March 21, 2019
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today wishes to provide supplemental disclosure to the Company's "Notice of Annual General and Special Meeting of Shareholders" circular (the "Circular") distributed to shareholders on March 21,...
2019-04-17 5:05 PM EDT
DXI Completes Final Tranche of $1,983,140 Private Placement of Shares
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announces the Company has closed the final tranche of a private placement previously announced by the Company on February 6, 2019 and March 4, 2019, issuing a total of 33,052,334 shares at...
2019-03-28 5:15 PM EDT
DXI Reports Q4 and Fiscal 2018 Results
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced its financial results for the three and twelve months ended December 31, 2018.2018 Key Financial and Operating Highlights are:Successfully drilled a new discovery natural gas well at the Company's...
2019-03-21 5:30 PM EDT
DXI Energy Announces Results of Drilling Operations in Northeast British Columbia
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announces the Company has reached TD at its b-089-E/94-H-1 drilling location at Woodrush in NE British Columbia. Final logs of the wellbore indicate 19.8 ft. of high quality Gething gas pay...
2019-03-20 7:30 AM EDT
DXI Receives Permit to Drill at Woodrush Oil Project
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today announces (All figures in Cdn.$):The Company has received all B.C. Oil & Gas Commission ("BCOGC") permits to commence the drilling of a key Halfway formation exploration well at its Woodrush...
2019-03-04 5:05 PM EST
DXI Settles C$6,967,000 Financial Contract Liability
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today is pleased to announce three financial transactions that improve the Company's financial position: The elimination of a C$6,967,000 financial contract liability that has hindered the...
2019-02-15 7:30 AM EST
DXI to Raise Up to C$1,800,000 in Non-Brokered New Equity at C$0.06 per Share
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today announced that it plans to raise up to C$1,800,000 by way of the issuance of up to 30,000,000 shares at C$0.06 per common share to fund the Company's Woodrush, B.C. drill program and...
2019-02-06 7:30 AM EST
DXI Completes Final Tranche of $780,000 Convertible Debt Financing For NEBC Woodrush Drill Program
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today announced that it has completed the entire $780,000 in convertible debt financing designated for the continued development of the Woodrush Project in Fort St. John. (All figures in Cdn.$,...
2019-01-15 1:30 PM EST
DXI Energy Inc. Announces Leadership Changes and Operational Update for Q4 2018
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2018) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), is an upstream oil and natural gas company exploring and producing oil and gas in Colorado's Piceance Basin and British Columbia's Peace River Arch region.DXI is announcing today that Robert L. Hodgkinson (Bob) has resigned as CEO but will remain as Chairman. After many years of loyal service as a Director, Craig Sturrock is going to step down. We thank...
2018-12-12 5:10 PM EST