Raise Production Inc.

Recent News

  • 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
  • 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 coupon of 6.00% per annum,...

    2019-09-17 6:20 PM ET
  • 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 shares of the Business...

    2019-09-04 8:00 AM ET
  • 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 system...

    2019-08-21 6:11 PM ET
  • 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 HARP's™ delivered in...

    2019-07-10 5:50 PM ET
  • 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 driven...

    2019-05-28 5:49 PM ET
  • 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 the...

    2019-04-25 6:42 PM ET
  • 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 part of the Company's commercialization effort, the decision...

    2019-03-13 6:13 PM ET