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Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 0.0
MVW On Other Exchanges
Symbol
Exchange
OTC US
Venture
As of 9:30 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

mountainview energy ltd (MVW) Snapshot

Open
C$0.02
Previous Close
C$0.02
Day High
C$0.02
Day Low
C$0.02
52 Week High
09/10/14 - C$0.40
52 Week Low
07/17/15 - C$0.02
Market Cap
1.8M
Average Volume 10 Days
1.7K
EPS TTM
C$-0.43
Shares Outstanding
87.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MOUNTAINVIEW ENERGY LTD (MVW)

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mountainview energy ltd (MVW) Details

Mountainview Energy Ltd. engages in the acquisition, exploration, development, and production of petroleum and natural gas reserves in Montana and North Dakota, the United States. It primarily focuses on the Bakken and Three Forks Shale in the Williston Basin and the South Alberta Bakken. The company was incorporated in 2000 and is headquartered in Cut Bank, Montana.

16 Employees
Last Reported Date: 04/30/15
Founded in 2000

mountainview energy ltd (MVW) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$154.5K
Secretary, Treasurer, Independent Director an...
Total Annual Compensation: C$95.7K
Compensation as of Fiscal Year 2013.

mountainview energy ltd (MVW) Key Developments

Mountainview Energy Ltd. Reports Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015

Mountainview Energy Ltd. reported earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported petroleum and natural gas sales of USD 1,622,000 compared to USD 7,010,000 a year ago. Funds flow from operations at negative was USD 1,482,000 or USD 0.02 per basic and diluted share compared to USD 121,000 or USD 0.00 per basic and diluted share a year ago. Net loss was USD 7,642,000 or USD 0.09 per basic and diluted share compared to USD 6,267,000 or USD 0.07 per basic and diluted share a year ago. Capital expenditure was USD 3,000 compared to USD 6,372,000 a year ago. For the six months, the company reported petroleum and natural gas sales of USD 3,671,000 compared to USD 13,117,000 a year ago. Funds flow from operations at negative was USD 4,361,000 or USD 0.01 per basic and diluted share compared to USD 1,057,000 or USD 0.01 per basic and diluted share a year ago. Net loss was USD 12,652,000 or USD 0.14 per basic and diluted share compared to USD 7,809,000 or USD 0.09 per basic and diluted share a year ago. Capital expenditure was USD 40,000 compared to USD 14,282,000 a year ago. Net debt was USD 90,512,000 as on June 30, 2015 compared to USD 70,040,000 as at June 30, 2014. For the quarter, the company’s average daily production of light crude oil was 356 bbl per day compared to 814 bbl per day a year ago. Natural gas production was 234 Mcf/d compared to 243 Mcf/d a year ago. Barrels of oil equivalent was 423 boe/d compared to 854 boe/d a year ago. Natural gas liquids production was 27 boe per day. For the six months, the company’s average daily production of light crude oil was 491 bbl per day compared to 1,605 bbl per day a year ago. Natural gas production was 223 Mcf/d compared to 493 Mcf/d a year ago. Barrels of oil equivalent was 550 boe/d compared to 1,687 boe/d a year ago. Natural gas liquids production was 22 boe per day.

Mountainview Energy Mulls Asset Sale

Mountainview Energy Ltd. (TSXV:MVW) is seeks asset sale. Mountainview Energy said, “In parallel the Company is actively considering debt and equity financing solutions, assets sales and corporate transactions among other available alternatives in the best interest of the Company.”

Mountainview Energy Ltd. Announces Executive Changes

Mountainview Energy Ltd. announced the departure of Mr. Brent Osmond, Vice President, Finance and Chief Financial Officer of the company, effective immediately. Ms. Katherine Hylland, CPA and Controller of the company, has been appointed Interim Vice President, Finance and Chief Financial Officer.

 

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