Petrox Resources Corp. is a public Canadian junior oil and gas company engaged in the exploration and development of oil and natural gas resources in the Western Canadian Basin.
Corporate Development
June 2011
Incorporated as Capital Pool Company (CPC).
Completed IPO and listed on TSX Venture Exchange.
Raised a total of $480,000 by IPO and seed capital.
December 2011
Acquired Bashaw property as Qualifying Transaction.
Raised $1.56 million in a private placement.
May 2012
Acquired leases on 10,640 acres of lands in Viking oil fairway in Halkirk/Battle area of Central Alberta.
July 2012 – April 2013
October 2013
Raised $3.35 million in a private placement.
Acquired a light oil producing property in Fletwode, Saskatchewan.
April 2014
The property in Fletwode, Saskatchewan continued to produce approximately 24 boe/d at full production.