Pemberton Energy Company News

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Pemberton IDs Drill Target on Viking Asset
Pemberton announced the following corporate update on its upcoming drill program on its Viking Asset in Kindersley, SK.
8:00 PM EST | May 04, 2010
Pemberton JV Primes Bit for Viking Oil Asset
Pemberton is currently preparing for an upcoming drill program for its Viking Asset in Kindersley, SK. Pemberton and its JV Partners will be drilling in July, 2010.
8:00 PM EST | April 27, 2010
Pemberton Acquires Additional Saskatchewan Mineral Rights
Pemberton has signed a binding Mineral Petroleum and Natural Gas Lease and Grant Agreement to lease the subsurface mineral rights from basement to surface on an 80 acre parcel.
7:00 PM EST | February 18, 2010
Pemberton To Proceed with Horizontal Re-entry Development Well
Pemberton Energy Ltd. on Thursday reported that, further to the an announcement of the Montney oil pool discovery with prospective resources of 4.4 million barrels of oil, it will first proceed with a horizontal 750m leg re-entry program.
8:00 PM EST | August 26, 2009
Pemberton Zeroes in on Additional Oil Bearing Assets
Pemberton has finalized mineral lease continuations that relate to the Montney asset and has identified two lucrative pinnacle reefs on these mineral rights.
8:00 PM EST | June 21, 2009
Montney Targets Could Yield Millions in Probable Net Revenue over 14 Years
"Using a 25% recovery rate, with 4.4 million barrels in place, we are looking at over $53,000,000 in probable net revenue over the next 14 years," said Pemberton's President Richard Saxon.
8:00 PM EST | June 17, 2009
Pemberton Inks LOI to Acquire 50% in Panny Well, Plans Horizontal Drilling
Pemberton designed a high pressure stimulus program to break down paraffin wax buildup causing decline in production. The company is also preparing for the horizontal drill program with staged fracing
8:00 PM EST | April 22, 2009
Pemberton Files $3MM Suit Against Oil Services Company
Pemberton Energy has filed a law suite in the Court of Queens Bench in Calgary, AB, claiming no less than $3,000,000.00, being the costs of the drilling and loss of production revenues.
8:00 PM EST | October 12, 2008
Pemberton Appoints Matthew Dodwell to Board of Directors
Pemberton Energy Ltd. announced that it has appointed Matthew Dodwell to the Board of Directors.
8:00 PM EST | June 22, 2008
Pemberton Firms Up Results Of Oil Pool Discovery
Pemberton Energy reported that with regards to well 10-15-82-3-W6M, the first of two wells to be completed, the Company's geological and engineering advisors have provided these recommendations and descriptions.
8:00 PM EST | April 14, 2008
Pemberton Receives Recommendation To Case 2nd Well For Production
Pemberton Energy Ltd. announced that Pemberton Gage 6-15-82-3W6M well was successfully drilled to a final total depth of 1145 meters on April 2, 2008 at 11:30 pm. Logging and drill stem testing were completed on April 4th, 2008.
8:00 PM EST | April 06, 2008
Pemberton to Start Drilling Second Well
Pemberton Energy Ltd. announced that it will start drill rig move to its 6-15-82-3 W6M (6-15) drill location on March 29, 2008 upon completion of production casing on its 10-15-82-3-W6M recently drilled well.
8:00 PM EST | March 27, 2008
Pemberton to Case Well in Gage Program
On the basis of gas shows in the mud log and a petrophysical evaluation of the well logs, five drill stem tests were run in the wellbore.
8:00 PM EST | March 26, 2008
Pemberton to Complete Six Drill Stem Tests in One Well Bore
Following analysis of the well logs, the Company's geological and engineering advisors have proposed six drill stem (DST) tests in four formations that are believed to contain hydrocarbons.
8:00 PM EST | March 23, 2008
'Multiple Sections of Potential Pay' ID'd by Pemberton in Calgary
A geophysical interpretation concentrating on the deeper Paleozoic potentially oil-bearing sedimentary section was done on section 15-82-3W6M by Brian Henry P.Geoph.
8:00 PM EST | March 09, 2008
Pemberton Energy Commences Drilling
Drilling began over the weekend on this 2,400 meter target depth well.
7:00 PM EST | March 02, 2008
Rat-Hole Rig Secured for Pemberton's Notikewan and Gething
Pemberton has secured a rat-hole rig to spud its 10-15-82-3W6M well on Tuesday, February 19th, 2008, in preparation for the drill rig. Project depth is estimated at 2337 meters.
7:00 PM EST | February 18, 2008
Pemberton Granted Drill License
Pemberton Energy has been granted a drill license on January 31, 2008 for its drill location LSD 10-15-82-03-W6M on its Gage Peace River Arch Property.
7:00 PM EST | February 04, 2008
Henry Joins Pemberton BOD
Pemberton Energy Ltd. is pleased to announce that Mr. Brian Henry, P. Geoph. has joined Pemberton's Board of Directors as a director.
7:00 PM EST | January 23, 2008
Change in Geology Yields Change in Drilling Strategy for Pemberton
"This recent information from Chapman had the Company re evaluate its drilling strategy because we can potentially produce both oil and gas from multiple locations on the section 15 all the way down to the Granite Wash...."
7:00 PM EST | January 09, 2008
Pemberton $260,000 Flow Through Only Applies to 2007 Tax Year
Pemberton Energy Ltd. has announced that the acceptance for filing of the $260,000 of the flow through private placement funds is only applicable to the 2007 tax year and the remainder of the financing will be applicable to the 2008 tax year.
7:00 PM EST | December 30, 2007
Pemberton Adds 5 Potential Producing Zones in the Peace River Arch
Recent continuous evaluation of the 3D seismic by Pemberton Energy geophysical and geological team revealed three potential oil producing zones in addition to the Gething and Notikewan gas zones.
7:00 PM EST | December 12, 2007
Pemberton Signs LOI on a 160-Acre Lease Extension
Pemberton has entered into a LOI for a lease extension on subsurface mineral rights from surface to basement on a 160-acre parcel in the Peace River Arch Area.
8:00 PM EST | October 28, 2007
Pemberton Extends Peace River Arch Acreage
Pemberton Energy has successfully acquired a strategic piece of crown land at the October 3, 2007 land sale, with mineral rights from surface to basement and is contiguous to the Company's current land holdings in the Peace River Arch area.
8:00 PM EST | October 04, 2007
Pemberton Adds Geophysicist to Team
Pemberton Energy Ltd. on Monday announced that it has engaged the services of the geophysicist that had previously worked on the Company's 2D seismic shot last year.
8:00 PM EST | May 28, 2007
Pemberton to Add 2D Near Gage Program
Pemberton Energy Ltd. has decided to shoot a new 2D program northwest of its current 3D-2007 Gage program in Alberta.
8:00 PM EST | March 18, 2007
Pemberton Wins Green Light to Kick Off Seismic Program
Pemberton Energy Ltd. said that surface land owners have agreed to let the company shoot its 3D seismic program on their lands. Moreover, Pemberton has received the necessary government permits for the survey.
7:00 PM EST | March 04, 2007
Pemberton Inks Deal for Peach River Arch Acreage
Pemberton Energy has signed 9 binding Petroleum and Natural Gas Lease and Grant Agreements to lease the subsurface mineral rights from basement to surface on a 370 acre parcel in the Peace River Arch Area.
8:00 PM EST | August 22, 2006
Pemberton Acquires Peace River Leases, Begins JV Talks
Pemberton Energy, Ltd. has signed four binding petroleum and natural gas lease and grant agreements to lease the subsurface mineral rights from basement to surface on a 50% undivided interest of a 507-acre parcel near its Peace River Arch property.
8:00 PM EST | June 21, 2006
Pemberton Discusses Seismic Options with Majors in Peace River Arch Area
Pemberton Energy has moved ahead by interpreting purchased and privately shot 2D seismic over land with owned mineral rights, as well as neighboring oil companies in the area adjacent to Pemberton's properties.
8:00 PM EST | May 09, 2006
Pemberton Energy Pleased with Peace River Arch Seismic Data
Pemberton Energy has received and interpreted recent 2D seismic shoot on the company's Peace River Arch property, and it has determined that there are numerous leads over multiple horizons from basement to surface.
8:00 PM EST | April 18, 2006