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Petrox Resources ( (TSE:PTC) ) has issued an update.
Petrox Resources Corp. has announced the addition of two seasoned professionals, Garth Braun and Bradley Parkes, to its Board of Directors. Mr. Braun brings extensive leadership experience in the oil and gas, finance, and real estate sectors, having spearheaded over $150 million in capital raising and numerous mergers and acquisitions in his career. Mr. Parkes contributes a robust geology and corporate finance background, bringing expertise in natural resource law, oil and gas exploration, and financial advisory, underscored by participation in drilling over 125 wells and raising $100 million in funding. These appointments mark a strategic enhancement to Petrox’s leadership, positioning the company for growth and expanded expertise in its operations and market ambitions, subject to TSX Venture Exchange approval.
More about Petrox Resources
Petrox Resources Corp. is a publicly traded Canadian junior oil and gas company focused on the exploration and development of oil and natural gas resources in the Western Canadian Basin. It operates a production property in Fletwode, Saskatchewan, with a production capacity of approximately 15 barrels per day. The company’s shares are listed on the TSX Venture Exchange under the symbol ‘PTC.’
Average Trading Volume: 102,296
Technical Sentiment Signal: Buy
Current Market Cap: C$1.1M
See more insights into PTC stock on TipRanks’ Stock Analysis page.