Briko Energy Corp. Enters into Arrangement Agreement with Journey Energy Inc.
Calgary, Alberta--(Newsfile Corp. - June 24, 2021) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Journey Energy Inc. ("Journey"), pursuant to which Journey will acquire all the issued and outstanding common shares of Briko by way of Plan of Arrangement under the Business Corporations Act (Alberta) (the "Acquisition"). Consideration for Briko shareholders from the Acquisition...
2021-06-24 11:42 AM EDT
Briko Energy Corp. Announces First Quarter 2021 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - May 26, 2021) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three months ended March 31, 2021. Financial and operational information is set out below and should be read in conjunction with Briko's March 31, 2021 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim financial statements and MD&A...
2021-05-26 4:16 PM EDT
Briko Energy Corp. Announces 2020 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - April 27, 2021) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three months and year ended December 31, 2020. Financial and operational information is set out below and should be read in conjunction with Briko's December 31, 2020 audited annual financial statements and the related management's discussion and analysis ("MD&A"). In addition, the Corporation announces the filing of its...
2021-04-27 5:00 PM EDT
Briko Energy Announces its 2020 Year-End Reserves and Corporate Update
Calgary, Alberta--(Newsfile Corp. - March 3, 2021) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to announce its 2020 year-end reserves and corporate update. 2020 Reserve HighlightsProved ("1P") reserves of 2.3 million barrels of oil equivalent ("BOE") at December 31, 2020 compared to 2.4 million BOE at December 31, 2019;1P net present value of $14.5 million ($1.29 per share) at a 10% discount rate at December 31, 2020;Proved plus probable ("2P") reserves of 3.0 million BOE...
2021-03-03 5:00 PM EST
Briko Energy Corp. Announces Management Changes and Initiation of Strategic Alternatives Process
Calgary, Alberta--(Newsfile Corp. - January 6, 2021) - Briko Energy Corp. ("Briko" or the "Corporation") announces management changes and initiation of a strategic alternatives process.MANAGEMENT CHANGESJohn H. Van de Pol, President & CEO, has advised Briko's Board of Directors (the "Board") and executive team of his intention to step down as President & CEO effective March 15, 2021 but will continue to remain as a member of the Board. Mr. Van de Pol has been a key member of the...
2021-01-06 5:00 PM EST
Briko Energy Corp. Announces Third Quarter 2020 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - November 25, 2020) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three and nine months ended September 30, 2020. Financial and operational information is set out below and should be read in conjunction with Briko's September 30, 2020 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim...
2020-11-25 6:14 PM EST
Briko Energy Corp. Announces Second Quarter 2020 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - August 24, 2020) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three and six months ended June 30, 2020. Financial and operational information is set out below and should be read in conjunction with Briko's June 30, 2020 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim financial statements...
2020-08-24 5:11 PM EDT
Briko Energy Corp. Announces First Quarter 2020 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - May 29, 2020) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three months ended March 31, 2020. Financial and operational information is set out below and should be read in conjunction with Briko's March 31, 2020 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim financial statements and MD&A...
2020-05-29 5:00 PM EDT
Briko Energy Corp. Announces 2019 Financial and Operating Results and Activity Update
Calgary, Alberta--(Newsfile Corp. - April 28, 2020) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three months and year ended December 31, 2019 along with an activity update. Financial and operational information is set out below and should be read in conjunction with Briko's December 31, 2019 audited annual financial statements and the related management's discussion and analysis ("MD&A"). In addition, the Corporation...
2020-04-28 4:30 PM EDT
Briko Energy Announces its 2019 Year-End Reserves and Complementary Acquisition Update
Calgary, Alberta--(Newsfile Corp. - April 1, 2020) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to announce its 2019 year-end reserves and Complementary Acquisition update. 2019 Reserve Highlights Proved ("1P") reserves increased 6% to 2.4 million barrels of oil equivalent ("BOE") at December 31, 2019 compared to 2.3 million BOE at December 31, 2018; Proved Developed Producing...
2020-04-01 8:30 AM EDT
Briko Energy Corp. Announces Director Appointment
Calgary, Alberta--(Newsfile Corp. - March 3, 2020) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to announce the appointment of David C. Anderson as a new member of the Board of Directors. Since 1993, Mr. Anderson has been the Chief Executive Officer of Winsome Capital Inc., a private venture capital firm. Mr. Anderson co-founded Dixie Energy Trust, Bison Resources and Outrider Resources and is currently the Executive Chairman of Ember Partners, a natural gas to power...
2020-03-03 5:30 PM EST
Briko Energy Corp. Announces Complimentary Property Acquisition
Calgary, Alberta--(Newsfile Corp. - December 9, 2019) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to announce that it has executed a purchase and sale agreement ("PSA") to acquire complementary Cardium oil and natural gas assets in the Alberta foothills (the "Complementary Assets") with an effective date of November 1, 2019. In addition to executing the PSA, Briko is also pleased to announce that it has entered into a $1.5 million credit agreement with Tallinn Capital...
2019-12-09 7:00 AM EST
Briko Energy Corp. Announces Third Quarter 2019 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - November 29, 2019) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three and nine months ended September 30, 2019. Financial and operational information is set out below and should be read in conjunction with Briko's September 30, 2019 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim...
2019-11-29 6:46 PM EST
Briko Energy Corp. Announces Second Quarter 2019 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - August 22, 2019) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three and six months ended June 30, 2019. Financial and operational information is set out below and should be read in conjunction with Briko's June 30, 2019 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim financial statements...
2019-08-22 5:54 PM EDT
Briko Energy Corp. Announces First Quarter 2019 Financial and Operating Results
Calgary, Alberta--(Newsfile Corp. - May 27, 2019) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three months ended March 31, 2019. Financial and operational information is set out below and should be read in conjunction with Briko's March 31, 2019 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim financial statements and MD&A...
2019-05-27 5:53 PM EDT
Briko Energy Corp. Announces 2018 Financial and Operating Results and Extension of Expiry Date for Briko Warrants
Calgary, Alberta--(Newsfile Corp. - April 29, 2019) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three months and year ended December 31, 2018. Financial and operational information is set out below and should be read in conjunction with Briko's December 31, 2018 audited annual financial statements and the related management's discussion and analysis ("MD&A"). In addition, the Corporation today announces the filing of its...
2019-04-29 5:34 PM EDT
Briko Energy Announces Officer Appointments and its 2018 Year-End Reserves
Calgary, Alberta--(Newsfile Corp. - April 11, 2019) - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to announce the appointment of Officers of the Corporation, its 2018 year-end reserves and other news. Officer AppointmentsBriko's Board of Directors is pleased to announce the appointments, effective April 11, 2019, of Mr. John Van de Pol to the position of President and Chief Executive Officer, Ms. Kim Benders to the position of Vice President and Chief Financial Officer and...
2019-04-11 5:00 PM EDT