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DES On Other Exchanges
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desmarais energy corp (DES) Snapshot

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desmarais energy corp (DES) Details

Desmarais Energy Corporation engages in the exploration, development, production, and acquisition of oil and gas reserves in Western Canada. The company operates approximately 30 sections of prospective lands and approximately 25 kilometers of pipelines in the Barrhead area of West Central Alberta; and holds a 100% interest in 1600 acres of undeveloped lands in Southeast Alberta. Desmarais Energy Corporation was incorporated in 1994 and is based in Calgary, Canada.

Founded in 1994

desmarais energy corp (DES) Top Compensated Officers

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desmarais energy corp (DES) Key Developments

Desmarais Energy Corporation To Transfer Listing From TSX Venture Exchange To NEX

In accordance with TSX Venture Policy 2.5, Desmarais Energy Corporation has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening, May 4, 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 May 4, 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 DES to DES.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 January 27, 2015, trading in the shares of the Company will remain suspended.

Desmarais Energy Corporation Announces Management Changes

Desmarais Energy Corporation announced that Doug Robinson has resigned as President and Chief Executive Officer of the corporation, and as a Director of the corporation, effective immediately. The corporation also announced that James Long has resigned as the Chief Financial Officer of the corporation, effectively immediately. Mr. Long remains a director of the corporation.

Desmarais Energy Corporation Announces Retirement of David Eastham from its Board

Desmarais Energy Corporation announced the retirement of David Eastham from the Board of Directors.

 

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Price/Earnings NM Not Meaningful
Price/Sales 0.5x
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Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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