Petrocapita Income Trust
Petrocapita Income Trust is a Specified Investment Flow Through trust developing and acquiring heavy oil production and infrastructure assets largely in the Lloydminster area of east central Alberta and west central Saskatchewan through its wholly owned subsidiary, Petrocapita Oil and Gas LP. It owns and operates 432 gross (409.7 net) oil wells, 89 gross (20 net) gas wells, 30 gross (29.2 net) approved produced water disposal wells, 19 produced water disposal facilities, 3 custom oil processing facilities, 2 natural gas compressor stations, 75.21 km of pipelines, oil well service rigs, fluid haul tractors and trailers, motor graders and well site processing equipment. It is seeking accretive opportunities to acquire both oil and gas production and complimentary midstream assets during a cyclical low in oil and gas markets.
Petrocapita Income Trust (PCE.UN)
Le 7 mai/May 2019
Petrocapita Income Trust is in default of CSE requirements. Effective immediately, Petrocapita Income Trust will be suspended pursuant to CSE Policy 3. The suspension is considered a Regulatory Halt as defined in National Instrument 23-101 Trading Rules. A cease trade order has been issued by the Ontario Securities Commission and Alberta Securities Commission.