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Last $0.14 USD
Change Today 0.00 / 0.00%
Volume 0.0
PKPL On Other Exchanges
As of 8:10 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

park place energy corp (PKPL) Snapshot

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52 Week High
08/19/14 - $0.59
52 Week Low
04/17/14 - $0.12
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park place energy corp (PKPL) Details

Park Place Energy Corp. explores for oil and natural gas properties in Bulgaria. Its primary oil and gas exploration permit is the Vranino 1-11 Block, a 98,205 acre block located in the Dobroudja Basin in northeast Bulgaria. The company is based in Dallas, Texas.

1 Employees
Last Reported Date: 04/15/14

park place energy corp (PKPL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $52.0K
Assistant Treasurer
Total Annual Compensation: $20.9K
Compensation as of Fiscal Year 2013.

park place energy corp (PKPL) Key Developments

Park Place Energy Corp. Announces Change of Auditor

In connection with the ongoing transition of the primary offices and operations of Park Place Energy Corp. to Dallas, Texas, effective December 15, 2014, the board of directors of the Company dismissed Saturna Group Chartered Accountants LLP (Saturna) as the independent auditors for the Company and its subsidiaries. Effective December 15, 2014, the board of directors of the Company ratified and approved the Company's engagement of Whitley Penn LLP (WP) as independent auditors for the Company and its subsidiaries.

Park Place Energy Corp. Announces Executive Appointments

On September 15, 2014, the Board of Directors of Park Place Energy Corp. appointed Charles 'Chas' Michel as Chief Financial Officer, Francis M. Munchinski as Treasurer and Corporate Secretary, and Taisiia Popova as Assistant Treasurer. Charles 'Chas' Michel is a partner with SeatonHill Partners LLC. He is a seasoned financial executive with over thirty years of experience and has served as a full-time CFO in the restaurant sector and as a Chief Accounting Officer and Controller in the manufacturing sector.

Park Place Energy Corp. Signs Agreement for Exploration of Oil and Gas in Bulgaria

Park Place Energy Corp. announced that it has signed the License Agreement for the Vranino Block 1-11 with the Ministry of Economy and Energy on behalf of the Republic of Bulgaria on April 1, 2014. The Vranino exploration permit covers 98,205 acres (397.42 in northeast Bulgaria. The permit is for a term of 5 years with up to an additional 5 years in extensions possible. Upon demonstration of a commercial discovery, the permit can be converted to an exploitation license of up to 35 years in length. The company is preparing to submit a 5 year work program and a more detailed first year work program for government approval. This work program will include acquisition of 2D and 3D seismic as well as drilling 5 new wells (or the equivalent of 10,000 meters of new wellbore). The work program is designed to demonstrate the technical and commercial feasibility of exploiting the known coal resources as a potential natural gas development. The company will use the latest technologies available, including horizontal drilling, to unlock the natural gas potential of this area.


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