Oil, Gas and Consumable Fuels
Company Overview of Charger Energy Corp
As of March 28, 2013, Charger Energy Corp was acquired by Spyglass Resources Corp. Charger Energy Corp. engages in the exploration, development, and production of crude oil and natural gas properties in western Canada. It has working interests in light oil and natural gas assets in the Halkirk-Provost and Ghost Pine areas of east central Alberta, as well as in the Peace River Arch area of north western Alberta. Charger Energy Corp. is headquartered in Calgary, Canada.
2500, 500 4th Avenue SW
Calgary, AB T2P 2V6
Key Executives for Charger Energy Corp
Charger Energy Corp does not have any Key Executives recorded.
Charger Energy Corp Key Developments
Spyglass Resources Corp. Provides Monthly and for the Year 2013 and 2014 Dividend Guidance; Provides Earnings Guidance for the Year 2013 and 2014
Mar 19 13
Charger Energy Corp, Pace Oil & Gas Ltd. and AvenEx Energy Corp. to form Spyglass Resources Corp. ('Spyglass'). Pace, AvenEx and Charger also announced that they have agreed to set the initial Spyglass monthly dividend at $0.0225 per share in order to solidify the sustainability of the Spyglass business model to reflect the current operating and commodity price environments.
The company provided dividends $26 million for the year 2013 and $35 million for the year 2014.
Spyglass provided earnings guidance for the year 2013 and 2014. For the year 2013, Spyglass expects exit production of 18,000 boe/d, average production of 16,000 boe/d, cash flow of $104 million, capital expenditures of $70 - $80 million.
For the year 2013, Spyglass expects average production of 18,000 boe/d and capital expenditures of $90 - $100 million.
Charger Energy Announces Resignation of Mike Shaikh from Board of Directors
Feb 25 13
Pace Oil & Gas Ltd., AvenEx Energy Corp. and Charger Energy Corp. announced that they have amended certain terms of the previously disclosed arrangement agreement pursuant to which Pace, AvenEx and Charger agreed to amalgamate to form Spyglass Resources Corp. Charger announced that Mike Shaikh has resigned from the Charger board of directors, effective immediately.
Charger Energy Corp, Special/Extraordinary Shareholders Meeting, Mar 26, 2013
Dec 21 12
Charger Energy Corp, Special/Extraordinary Shareholders Meeting, Mar 26, 2013., at 11:00 US Mountain Standard Time. Location: Livingston Club Conference Centre, Livingston Place. Agenda: To consider, pursuant to an interim order of the court of Queen's Bench of Alberta dated January 14, 2013, and, if deemed advisable, to pass, with or without variation, a special resolution (the ‘Charger Arrangement Resolution’), the full text of which is set out in Appendix C to the accompanying joint information circular of Charger, AvenEx Energy Corp. (‘AvenEx’) and Pace Oil & Gas Ltd. (‘Pace’), dated January 18, 2013, to approve a plan of arrangement under Section 193 of the Business Corporations Act (Alberta) involving Charger, Charger shareholders, AvenEx, the shareholders of AvenEx, Pace and the shareholders of Pace, all as more particularly described in the information circular; and to transact such further and other business as may properly be brought before the meeting or any adjournment thereof.
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