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Last C$0.04 CAD
Change Today -0.005 / -11.11%
Volume 20.0K
As of 12:53 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

artisan energy corp (AEC) Snapshot

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52 Week High
10/30/14 - C$0.44
52 Week Low
08/28/15 - C$0.04
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Current Stock Chart for ARTISAN ENERGY CORP (AEC)

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artisan energy corp (AEC) Details

Artisan Energy Corporation explores for, develops, and produces oil and natural gas properties in western Canada. As of September 20, 2014, it produced approximately 112 barrels of oil equivalent per day. Its projects include the Chip Lake, the Ferry Bank, the Conrad, and the Tomahawk projects that cover an area of approximately 44,608 gross acres. The company was founded in 2009 and is based in Calgary, Canada.

Founded in 2009

artisan energy corp (AEC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$90.0K
Chief Financial Officer and Vice President of...
Total Annual Compensation: C$105.3K
Chief Operating Officer, Director and Member ...
Total Annual Compensation: C$145.0K
Vice President of Operations
Total Annual Compensation: C$106.3K
Compensation as of Fiscal Year 2013.

artisan energy corp (AEC) Key Developments

Artisan Energy Corporation expected to report Q2 2015 results on August 28, 2015. This event was calculated by Capital IQ (Created on June 3, 2015).

Artisan Energy Corporation expected to report Q2 2015 results on August 28, 2015. This event was calculated by Capital IQ (Created on June 3, 2015).

Artisan Energy Corporation Auditor Raises 'Going Concern' Doubt

Artisan Energy Corporation filed its Annual on Apr 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, Collins Barrow LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Artisan Energy Completes Drilling and Casing of Chip Lake and Sedalia Exploration Wells

Artisan Energy Corporation announced that it has completed drilling of the first two wells of its 2015 Canadian Exploration Expense (“CEE”) flow-through program and both wells have been cased for testing and production. Approximately $1,600,000 of Artisan’s $5,130,000 2015 CEE budget and obligation has been spent. At its Chip Lake core area Artisan drilled the vertical well Artisan Wildwood 9-19-53-9W5 which was cased as a new pool gas discovery just before Spring break-up. Plans are underway to resume operations and complete, stimulate and test this well as soon as road bans are removed. Artisan’s management has determined best estimate discovered gas initially-in-place of 7.0 Bcf as at March 31, 2015 on its 100% owned lands in this new pool. Artisan expects that at least one horizontal well will be required to develop this pool. Based on comparative gas analysis available as at March 31, 2015 from similar pools on trend and assuming processing at a midstream deep cut facility, Artisan estimates that gas from this pool will yield 40 to 50 barrels of hydrocarbon liquids per MMcf of sales gas with an approximate 20% shrinkage from raw gas volumes. In eastern Alberta Artisan drilled and cased the vertical well Artisan Sedalia 7-7-31-5W4. This well was perforated in the Detrital formation on January 11, 2015 in advance of a January 14, 2015 Crown land expiry. Upon suspending operations on January 13, 2015 pending a land continuation application, a total of 2.5 cubic meters of new oil and 0.95 cubic meters of water had been recovered by swabbing.


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