Raise Production Inc. Announces First Quarter Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - May 28, 2020) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three months ended March 31, 2020. PRESIDENT'S UPDATEThe Company is pleased to provide an update to its shareholders on its financial results and recent activities related to its operations. The Company has three systems that can be used independently or in combination in horizontal wellbores:the High Angle Reciprocating Pump ("HARPTM");...
2020-05-28 6:35 PM EDT
Raise Production Inc. Announces Annual Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - April 28, 2020) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the year ended December 31, 2019.HIGHLIGHTS FOR THE YEARThe Company continues to steadily grow its foot print with the HARPTM technology in Canada as its customer base and installs continue to expand.The first REALTM system was installed in a Cardium wellbore and continues to perform well.Revenue earned on the sales of the Company's HARPTM...
2020-04-28 9:07 PM EDT
Raise Production Inc. Provides Corporate Update
Calgary, Alberta--(Newsfile Corp. - April 6, 2020) - April 6, 2020 - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is providing the following corporate update to its shareholders in regards to the Covid-19 pandemic and decline in oil prices. As the Company's customer base has begun reducing capital and operating expenditures and to keep its employees as safe as possible during the global Covid-19 pandemic, the Company has taken decisive action over the last two weeks to...
2020-04-06 5:54 PM EDT
Raise Production Inc. Announces Initiation of Strategic Process
Calgary, Alberta--(Newsfile Corp. - January 23, 2020) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces that it has initiated a formal strategic process to identify, review and evaluate a broad range of potential strategic alternatives available to it with a view to enhancing shareholder value.Raise's board of directors has determined it is timely, prudent and in the best interests of the Company and its stakeholders to commence a formal process to explore strategic...
2020-01-23 5:45 PM EST
Raise Production Inc. Announces Election of Directors
Calgary, Alberta--(Newsfile Corp. - November 22, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to announce the results from its 2019 Annual General Meeting ("AGM"). At the meeting, the following resolutions were approved by the shareholders:the number of directors was fixed at seven; the following individuals were elected to serve as board members until the next annual election of directors: Messrs. Dell Chapman, Thomas Kehoe, Eric Laing (President & CEO),...
2019-11-22 6:27 PM EST
Raise Production Inc. Announces Third Quarter Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - November 21, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three and nine months ended September 30, 2019.HIGHLIGHTS FOR THE QUARTER The Company closed a $900,000 private placement of secured convertible debentures and acquired the shares of a private consulting company which held $300,000 in cash, for $1,400,000 in secured convertible debentures, resulting in a total of $1,200,000 in cash...
2019-11-21 9:52 PM EST
Raise Production Inc. Announces Closing of Private Placement and Acquisition of Consulting Business
Calgary, Alberta--(Newsfile Corp. - September 30, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to announce that it has closed its previously announced private placement (the "Private Placement") of secured convertible debentures of the Company (the "Debentures"). The Private Placement consisted of approximately $900,000 principal amount of Debentures. The Debentures have a coupon of 6.00% per annum, and are convertible into units of the Company (each, a...
2019-09-30 7:39 PM EDT
Raise Production Inc. Announces Upsize of Private Placement
Calgary, Alberta--(Newsfile Corp. - September 17, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to announce that it is increasing the size of the private placement (the "Private Placement") of debentures of the Company ("Debentures") announced on September 4, 2019 from $700,000 to $900,000. The increase in the Private Placement is to accommodate participation by existing shareholders and non-insiders of the Company in the offering. The Debentures will have a...
2019-09-17 6:20 PM EDT
Raise Production Inc. Announces Acquisition of Consulting Business
Calgary, Alberta--(Newsfile Corp. - September 4, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company"), is pleased to announce that it has agreed to acquire 1955554 Alberta Ltd. (the "Business"), an arm's length private consulting company (the "Acquisition") on the terms and conditions set forth in the agreement between the Company and the Business dated September 4, 2019. The Business provides strategic advisory services to the energy industry. The total consideration for the...
2019-09-04 8:00 AM EDT
Raise Production Inc. Announces Second Quarter Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - August 21, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three and six months ended June 30, 2019.HIGHLIGHTS FOR THE QUARTER The Company continues to steadily grow its foot print with the HARPTM technology in Canada and has seen an increase to its customer base.The Generation 2 HARPTM installs in the USA continue to perform well and have driven incremental sales with new customers.The REALTM...
2019-08-21 6:11 PM EDT
Raise Production Inc. Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - July 10, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to provide an update to its shareholders on recent activities related to its operations. HARP™ (High Angle Reciprocating Pump) USAEndurance Lift Solutions ("ELS") has installed HARP™ systems in the Granite Wash, Permian and South Texas fields and continues to order Generation 2 HARP™ systems with 20 HARP™ assemblies being ordered in late June (in addition to the 18...
2019-07-10 5:50 PM EDT
Raise Production Inc. Announces First Quarter Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - May 28, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three months ended March 31, 2019.HIGHLIGHTS FOR THE QUARTER The Company continues to grow its footprint with the HARPTM technology in Canada. The Company has been chosen as the exclusive supplier of choice for a Northern Alberta growing E&P company with over 40 wellbores.The performance of the Generation 2 HARPTM installs in the USA have...
2019-05-28 5:49 PM EDT
Raise Production Inc. Announces Annual Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - April 25, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the year ended December 31, 2018. HIGHLIGHTS FOR THE YEARThe Company continues to grow its foot print with the HARPTM technology in Canada. The Generation 2 HARPTM installs in the USA continue to perform well. Further Intellectual Property awards have been granted. For the year ended December 31, 2018, total revenue earned on the sales of...
2019-04-25 6:42 PM EDT
Raise Production Inc. Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - March 13, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to provide an operational update to its shareholders. The Company has three systems that can be used independently or in combination in horizontal wellbores:the High Angle Reciprocating Pump ("HARP™"); the Raise Efficient Artificial Lift ("REAL™") formerly known as the High Angle Lift Solution ("HALS"); and the Horizontal Artificial Recovery Technology ("HART™"). As...
2019-03-13 6:13 PM EDT
Raise Production Inc. Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - February 27, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to provide an operational update to its shareholders. The Company has three systems that can be used independently or in combination in horizontal wellbores:the High Angle Reciprocating Pump ("HARP™"); the Raise Efficient Artificial Lift ("REAL™") formerly known as the High Angle Lift Solution ("HALS"); and the Horizontal Artificial Recovery Technology ("HARTTM")....
2019-02-27 6:24 PM EST
Raise Production Inc. Announces Patent Award for HARP(TM) USA
Calgary, Alberta--(Newsfile Corp. - February 19, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces receiving a USA PATENT Notification of Allowance for its High Angle Reciprocating Pump (HARPTM).High Angle Reciprocating Pump (HARPTM) The Company is pleased to announce that it will be receiving the system and device patent consisting of 12 claims from the United States Patent Office for its High Angle Reciprocating Pump (HARPTM). Raise received a Notification of...
2019-02-19 7:23 PM EST