© 2018 by Rifle Shot Oil Corp.

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NEWS

ESTMA REPORT

April 4,

2019

In accordance with regulations, Rifle Shot Oil Corp. has posted its 2018 Extractive Sector Transparency Measures Act Report. Please use the following link to download a copy of the report.

DOWNLOAD THE REPORT BY CLICKING HERE

ESTMA REPORT

June 30,

2018

In accordance with regulations, Rifle Shot Oil Corp. has posted its 2017 Extractive Sector Transparency Measures Act Report. Please use the following link to download a copy of the report.

DOWNLOAD THE REPORT BY CLICKING HERE

Rifle Shot Oil Corp. Announces Closing of Acquisition and Provides Update 

October 15,

2015

CALGARY, ALBERTA

 

Rifle Shot Oil Corp. ("Rifle Shot" or the "Company") is pleased to announce that it has completed the acquisition of assets in the Redwater area of Alberta. The acquisition includes 550 boe/d (90% light oil) of high working interest, low decline, high netback oil production and associated infrastructure. 

With the closing of this acquisition, Rifle Shot has increased company production to over 1000 boe/d (90% oil) in the greater Redwater and Provost areas. Rifle Shot is evaluating numerous asset sales, farm-in opportunities and joint ventures and is receptive to evaluating additional opportunities as they present themselves in order to expand our footprint around existing operations as well as adding an additional core area. 

Rifle Shot is a private company focused on acquiring conventional oil reservoirs and applying the latest development technologies to increase production and oil recovery. The Company, headquartered in Calgary, has the capacity to deploy approximately $100 million of equity to finance growth initiatives. Rifle Shot's primary financial partner is ARC Financial Corp., the leading private equity investor in the Canadian energy sector.

Rifle Shot Oil Corp. Announces Initial Financing by ARC Financial Corp.

January 7,

2015

CALGARY, ALBERTA

 

Rifle Shot Oil Corp. (“Rifle Shot” or the “Company”) is pleased to announce the closing of its initial financing by ARC Financial Corp.

Rifle Shot is a private company focused on acquiring conventional oil reservoirs and applying the latest development technologies to increase production and oil recovery. The Company, headquartered in Calgary, is looking to deploy approximately $100 million of equity. The Rifle Shot team is a highly technical group of professionals with proven track records of sound business management and innovation in the development of oil reservoirs.


The Company was founded by Bruce Hall, President & CEO, a petroleum engineer with over 25 years of industry experience. The team includes Mike Schmidt (VP Geology), Jason Van Dusen (VP Engineering), Chris Friedley (VP Operations) and Ken Buckley (VP Land).


“We are excited to be partnering with ARC Financial, the leading private equity investor in the Canadian energy sector,” Mr. Hall said. “With ARC’s backing and expertise, we are well positioned to execute on our business plan. We view the current downturn in commodity pricing as an opportunity to acquire quality assets at reasonable prices that will be the platform for the Company’s future growth.” 

 

Rifle Shot is evaluating numerous asset sales, farm-in opportunities and joint ventures and will continue to review additional opportunities as they present themselves.