Raise Production Inc.

Recent News

  • Raise Production Inc. Announces Second Quarter Results and Provides Operations Update

    Calgary, Alberta--(Newsfile Corp. - August 27, 2020) -  Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three and six months ended June 30, 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:1) the High Angle Reciprocating...

    2020-08-27 5:30 PM ET
  • 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"); the Raise Efficient Artificial Lift...

    2020-05-28 6:35 PM ET
  • 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 increased 229% for...

    2020-04-28 9:07 PM ET
  • 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 ET
  • 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 alternatives. The Company...

    2020-01-23 6:45 PM ET
  • 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), Rick McHardy (Chairman), Dan...

    2019-11-22 7:27 PM ET
  • 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 being injected into the Company on...

    2019-11-21 10:52 PM ET
  • 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 "Unit") at a conversion price of $0.11...

    2019-09-30 7:39 PM ET