Park Place Energy Corp. (PKPL) news stock charts
Park Place Energy Corp. (PKPL/PKPL.OB) Investment Summary:
Park Place Energy Corp. engages in the acquisition and exploration of conventional oil and natural gas, and oil sands properties. It has interests in the Atlee-Buffalo property, Normandville Oil Sands property, Worsley property, Medicine Hat property, Eight Mile property, Lloydminster property, Cecil-Eureka property, which are located in Alberta, Canada. The company also has interests in the Brighty property and Ridgewood property located in North Sea, the United Kingdom. Park Place Energy is based in Calgary, Canada.www.parkplaceenergy.com
PARK PLACE ENERGY CORP (PKPL:OTC Bulletin Board Market)
LAST $0.0009 USD
CHANGE TODAY 0.0001 12.50%
VOLUME 581.0K
As of 2:59 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of PARK PLACE ENERGY CORP (PKPL)
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OPEN
$0.0009
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PREVIOUS CLOSE
$0.0008
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DAY HIGH
$0.0009
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DAY LOW
$0.0007
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52 WEEK HIGH
09/3/09 - $0.01
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52 WEEK LOW
04/29/09 - $0.0005
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MARKET CAP
619.3K
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AVERAGE VOLUME 10 D
7.0M
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EPS TTM
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SHARES OUTSTANDING
688.2M
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PKPL Does Not Pay Dividends
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P/E TTM
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Key developments for PARK PLACE ENERGY CORP (PKPL)
Park Place Energy Corp. Reports Un-Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
11/23/2009
Park Place Energy Corp. reported un-audited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, net loss was CAD 302,265 on revenue of CAD 91,672 compared to net loss of CAD 1,028,255 on revenue of CAD 452,967 for the same period a year ago. Comprehensive loss was CAD 289,189 against CAD 969,037 of previous year period. Loss before income tax was CAD 302,265 compared to CAD 1,028,255 of previous year period. Net cash used in operating activities was CAD 74,231 against CAD 269,925 for the same period last year. For the nine months ended September 30, 2009, net loss was CAD 1,065,136 on revenue of CAD 377,859 compared to net loss of CAD 3,974,743 on revenue of CAD 939,980 for the same period a year ago. Comprehensive loss was CAD 1,047,771 against CAD 3,928,124 of previous year period. Loss before income tax was CAD 1,065,136 compared to CAD 3,794,743 of previous year period. Net cash used in operating activities was CAD 319,010 against CAD 694,217 for the same period last year.
Park Place Energy Corp. announced delayed 10-Q filing
11/17/2009
On 11/17/2009, Park Place Energy Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Park Place Energy Corp. Announces Joint Venture Partnership
09/2/2009
Park Place Energy Corp. announced that it has entered into an agreement with a private Canadian based Oil and Gas exploration company to create a joint venture partnership on the company's two Alberta Nordegg land sections. The earning requirement of the joint venture agreement states that on or before March 31, 2010 the private company must expend up to a maximum of $350,000 toward the Work Seismic program. Upon satisfying the earning requirement the private Company shall have earned in an undivided 50% working interest in the farmout lands. The Work Seismic program announced August 11, 2009 from a private petroleum engineering consulting firm has an estimated cost of $385,000 including final interpretation and analysis.
Park Place Energy Corp. financial resources
PKPL Competitors
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Industry Analysis
| Valuation | PKPL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.9x |
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| Price/Book | 1.9x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.9x |
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PKPL |
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PKPL transactions
| Type Date |
Target |
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Merger/Acquisition
February 8, 2010 |
80 Acres of Land in Saskatchewan |
More Recent Financial News About Park Place Energy Corp.
Park Place Energy Corp. Announces Reverse Split of Common Stock
2010-03-19 05:49:59
Quote: OTCBB:PKPLFRANKFURT: 3P2VANCOUVER, March 12 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") announces that the Company's board of directors has approved a consolidation of the Company's common stock to be effected in the form of a reverse split, which is to be effective as of March 24, 2010, subject to authorization from the Financial Industry Regulatory Authority (FINRA).As a result of the reverse stock split, the shareholders at the effective time of the revers...Read article
Park Place Energy Corp. Announces Reverse Split of Common Stock
2010-03-15 06:00:49
Quote: OTCBB:PKPLFRANKFURT: 3P2VANCOUVER, March 12 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") announces that the Company's board of directors has approved a consolidation of the Company's common stock to be effected in the form of a reverse split, which is to be effective as of March 24, 2010, subject to authorization from the Financial Industry Regulatory Authority (FINRA).As a result of the reverse stock split, the shareholders at the effective time of the revers...Read article
Park Place Energy Corp. Announces Bid for European Property
2010-02-23 06:54:51
Quote: 3 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce that the Company has tendered a bid on an Exploration and Development project within the European Union.Park Place has been working closely with Concessions International Inc. as announced previously on July 2, 2009. Concessions International has reviewed significant data including a preliminary feasibility study of the potential for economic production and believes the project would be a tr...Read article
Park Place Energy Corp. Provides Details on Saskatchewan Property
2010-02-23 06:54:50
Quote: 16 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to provide shareholders with further details on the Saskatchewan Property announced February 8, 2010.The property is located in western Saskatchewan, east of Lloydminster and consists of 80 acres of land. The area is known to produce heavy oil (12 degree API) from the Waseca sands of the Lower Cretaceous Mannville Group with the majority of the producing wells in the area ranging between 450 - 650 mete...Read article
Park Place Energy Corp. Provides Update on European Bid
2010-02-23 06:54:50
Quote: 10 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce the Company has engaged the services of a specialist firm to collaborate as consultants with Park Place on the application for the Exploration and Development property submitted within the European Union.The private US based firm has immense experience dealing all over the world designing and implementing exploration and development projects. They have spent significant time in Europe, and ...Read article
Park Place Energy Corp. Announces Saskatchewan Property Acquisition
2010-02-23 06:54:50
Quote: 8 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce the Company has acquired a 50% working interest in 80 acres of land located in western Saskatchewan.Under the agreement, with a private company, the property was acquired in consideration for an aggregate of 150,000,000 shares at a deemed price of US$0.001 per share for an aggregate deemed consideration of approximately USD$150,000.As announced February 3, 2010 Park Place Energy has also ten...Read article
Park Place Energy Corp. Provides Details on Saskatchewan Property
2010-02-16 04:53:40
Quote: 16 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to provide shareholders with further details on the Saskatchewan Property announced February 8, 2010.The property is located in western Saskatchewan, east of Lloydminster and consists of 80 acres of land. The area is known to produce heavy oil (12 degree API) from the Waseca sands of the Lower Cretaceous Mannville Group with the majority of the producing wells in the area ranging between 450 - 650 mete...Read article
Park Place Energy Corp. Provides Update on European Bid
2010-02-11 05:03:08
Quote: 10 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce the Company has engaged the services of a specialist firm to collaborate as consultants with Park Place on the application for the Exploration and Development property submitted within the European Union.The private US based firm has immense experience dealing all over the world designing and implementing exploration and development projects. They have spent significant time in Europe, and ...Read article
Park Place Energy Corp. Announces Saskatchewan Property Acquisition
2010-02-10 01:13:58
Quote: 8 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce the Company has acquired a 50% working interest in 80 acres of land located in western Saskatchewan.Under the agreement, with a private company, the property was acquired in consideration for an aggregate of 150,000,000 shares at a deemed price of US$0.001 per share for an aggregate deemed consideration of approximately USD$150,000.As announced February 3, 2010 Park Place Energy has also ten...Read article
Park Place Energy Corp. Announces Bid for European Property
2010-02-04 02:07:04
Quote: 3 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce that the Company has tendered a bid on an Exploration and Development project within the European Union.Park Place has been working closely with Concessions International Inc. as announced previously on July 2, 2009. Concessions International has reviewed significant data including a preliminary feasibility study of the potential for economic production and believes the project would be a tr...Read article
PARK PLACE ENERGY CORP. Files SEC form 8-K, Unregistered Sale of Equity Securities
2010-01-29 01:27:06
Quote: PARK PLACE ENERGY CORP.Request a Trial to NEW EDGAR Online Pro
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8-K for
PARK PLACE ENERGY CORP.
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erro...Read article
Park Place Energy Corp. Announces Divesture of British Columbia Natural Gas Property
2010-01-26 04:58:21
Quote: 16 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce that the Company has sold its entire right, title, estate and interest in and to its Eight Mile property in North Eastern British Columbia. As consideration the purchaser will pay such amount, not to exceed $465,000, as to retire the obligations of Park Place to its creditors directly related to the Eight Mile property.Park Place Energy's President & CEO David Johnson stated, "This tran...Read article
Park Place Energy Corp. Provides Update on Forward Stock Split
2009-11-30 07:53:45
Quote: 2 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") would like to update shareholders regarding the 10 for 1 forward split of the Company's authorized and issued and outstanding common stock. The record date for the split was announced for August 31, 2009 and as a result shareholders of record as of that date will be entitled to receive a further 9 shares of Park Place Energy Corp. for every 1 share each shareholder currently holds.The application for the split, fi...Read article
Park Place Energy Corp. Announces Divesture of British Columbia Natural Gas Property
2009-11-30 07:53:44
Quote: 16 /PRNewswire-FirstCall/ - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce that the Company has sold its entire right, title, estate and interest in and to its Eight Mile property in North Eastern British Columbia. As consideration the purchaser will pay such amount, not to exceed $465,000, as to retire the obligations of Park Place to its creditors directly related to the Eight Mile property.Park Place Energy's President & CEO David Johnson stated, "This tran...Read article
PARK PLACE ENERGY CORP. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financia
2009-11-30 07:53:44
Quote: Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year End
Park Place Energy Corp. (the "Company") has filed a Certificate of Change with
the Secretary of State of Nevada, with an effective date of August 31, 2009, to
effectuate a forward stock split of the Company's authorized share capital and
its issued and outstanding shares of common stock, in each case on the basis of
ten new common shares for each one old common share. The forward stock split is
pa...Read article
PARK PLACE ENERGY CORP. Files SEC form 10-Q, Quarterly Report
2009-11-30 07:53:43
Quote: We sold all our interests in our Eight Mile property in North
Eastern British Columbia on October 30, 2009 for CDN$457,195 (approximately
US$424,368 based on the exchange rate of CDN$1.00 = US$0.9282 on October 30,
2009).
Recent Events
Seismic Earning Agreement regarding Farmout Lands
Effective on August 19, 2009, our wholly owned subsidiary, Park Place Energy
Inc. ("Park Place Sub"), entered into a Seismic Earning Agreement with Fifth
Avenue Diversified Inc., a private British Colum...Read article
PARK PLACE ENERGY CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhi
2009-11-30 07:53:43
Quote: Item 1.01 Entry Into a Material Definitive Agreement.
On September 1, 2009 the Issuer's wholly owned subsidiary, Park Place Energy
Inc. ("Park Place Sub"), entered into a Purchase and Sale Agreement (the
"Agreement") effective September 1, 2009 with a closing date of October 30,
2009, with Novus Energy Inc., an Alberta corporation, ("Novus") whereby Novus
will buy the entire right, title, estate and interest in and to Park Place Sub's
Eight Mile property in North E...Read article
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