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birch lake energy inc (BLK) Snapshot

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birch lake energy inc (BLK) Details

Birch Lake Energy Inc., a junior oil and gas company, engages in the exploration for, acquisition, development, and production of oil and natural gas reserves in Canada. It holds interests in the Lochend Cardium property and the Halkirk area located in Alberta, Canada. The company is based in Calgary, Canada.

birch lake energy inc (BLK) Top Compensated Officers

Chief Executive Officer, President, Director,...
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Corporate Secretary and Director
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Drilling and Production Manager
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Exploration Manager
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Financial Adviser, Independent Director, Memb...
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Compensation as of Fiscal Year 2015.

birch lake energy inc (BLK) Key Developments

Birch Lake Energy To Transfer Its Listing From TSX-V To NEX

In accordance with TSX Venture Policy 2.5, Birch Lake Energy Inc. has not maintained the requirements for a TSX Venture (TSX-V) Tier 2 company. Therefore, effective at the opening on August 20, 2015, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX. As of August 20, 2015, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies. The trading symbol for the Company will change from BLK to BLK.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market. Further to the TSX Venture bulletin dated May 7, 2015, trading in the shares of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.

Birch Lake Energy Inc. Auditor Raises 'Going Concern' Doubt

Birch Lake Energy Inc. filed its Annual on May 01, 2014 for the period ending Dec 31, 2013. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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