August 19, 2017 11:29 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Petrox Resources Corporation

Company Overview

Petrox Resources Corporation, a junior oil and gas company, engages in the acquisition, exploration, production, and development of petroleum and natural gas resources in Western Canadian Basin. It holds 100% working interest in 34.75 sections in the Viking light oil fairway located in the Halkirk and Battle areas of central Alberta. The company also holds interests in the oil and gas properties located in the Fletwode area of Saskatchewan comprising 6 oil wells with a combined producing rate of approximately 40 barrels per day and total proven plus probable reserve of 166,000 barrels. The company was formerly known as Petrox Capital Corporation and changed its name to Petrox Resources Corpo...

505 – 6 Street SW

Suite 2806

Calgary, AB T2P 1X5


Founded in 2011

Key Executives for Petrox Resources Corporation

Chairman, Chief Executive Officer and President
Age: 62
Total Annual Compensation: C$70.0K
Chief Financial Officer, Corporate Secretary and Director
Age: 67
Total Annual Compensation: C$54.0K
Compensation as of Fiscal Year 2015.

Petrox Resources Corporation Key Developments

Petrox Resources Corp., Annual General Meeting, Nov 23, 2016

Petrox Resources Corp., Annual General Meeting, Nov 23, 2016, at 10:00 US Mountain Standard Time. Location: The offices of Tingle Merrett LLP, Suite 1250 639 ­ 5th Avenue SW Calgary Alberta Canada Agenda: To receive the financial statements of the Corporation as at and for the year ended December 31, 2015, together with the report of the auditors thereon, and the financial statements of the Corporation as and for the six months ended June 30, 2016; to fix the number of directors of the Corporation to be elected at the meeting at five; to elect the board of directors of the Corporation to serve until the next annual meeting of the shareholders or until their successors are duly elected or appointed; to appoint the auditors of the Corporation for the upcoming year and to authorize the directors of the Corporation to determine the remuneration to be paid to the auditors; to consider and approve the stock option plan of the Corporation in the form set out in Schedule ‘C’ to the management information circular; and to transact such other business as may properly come before the meeting.

Petrox Res Corp.’s Ordinary Shares (Canada) To Be Deleted From Other OTC

Petrox Res Corp.’s ordinary shares (Canada) will be deleted from Other OTC due to inactive security, effective June 28, 2016.

Petrox Resources Corp. Auditor Raises 'Going Concern' Doubt

Petrox Resources Corp. filed its Annual on Apr 21, 2016 for the period ending Dec 31, 2015. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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