Petrobank Energy and Resources Ltd. (TSX:PBG) reported that all holders of Petrobank’s convertible notes due July 10, 2015 have converted their Notes to common shares of Petrobank in accordance with such Noteholders’ existing conversion right and the previously announced early conversion period.
Zone Resources Inc. (Zone) (TSX VENTURE:ZNR) reported has negotiated to transfer its working interests in the Dyer Creek and SE Edison properties to Daybreak Oil and Gas Inc.
Petrolympic Ltd. (TSX VENTURE:PCQ) reported that the company has granted incentive stock options to an officer and a consultant of the Company for the purchase of a total of 150,000 common shares of the Company at the exercise price of $0.28 exercisable until April 23, 2015.
NiMin Energy Corp. (TSX:NNN)(OTCQX:NEYYF) reported that the company has agreed to the terms of its previously announced equity offering of common shares of the Company.
Africa Oil Corp. (TSX VENTURE:AOI) reported that the company has filed its Annual Information Form (“AIF”) for the year ended December 31, 2009 on the System for Electronic Document Analysis and Retrieval.
LNG Energy Ltd. (TSX VENTURE:LNG) reported that the company has entered into an agreement with Paradigm Capital Inc., as lead agent in a syndicate including GMP Securities L.P. pursuant to which the Agents have agreed to use their commercially reasonable efforts to complete a private placement offering of special warrants to raise proceeds up to $25 million.
UK oil and gas explorer Premier Oil PLC (PMO.L) is reported to start production at the 25,000 barrels per day (bpd) Chim Sao oilfield offshore Vietnam in July 2011.