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Tag "rift-basin-resources-corp"

Rift Basin Arranges Joint Development of East Java Oil Field 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/17/13 — Rift Basin Resources Corp. (TSX VENTURE: RIF.H) (the "Company" or "Rift Basin") is pleased to announce it has entered into a letter of intent (the "LOI") with a Lebanese financing group (the "Funder") to share the economic obligations and benefits of its pending interest in the Indonesian onshore multi-reservoir oil field known as the Dandangilo & Beji Block ("the "Field"), th

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Rift Basin Closes Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/08/13 — Rift Basin Resources Corp. (TSX VENTURE: RIF) (the "Company" or "Rift Basin") announces that it has closed the non-brokered private placement of units (the "Private Placement") previously announced in its news release of May 14, 2013.The closing consisted of 1,850,000 units (the "Units") at a price of $0.08 per Unit for gross proceeds of $150,000. Each Unit consists of one common share of the Co

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Rift Basin Completes Initial Assessment, Increases Participation 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/05/13 — Rift Basin Resources Corp. (TSX VENTURE: RIF) (the "Company" or "Rift Basin") is pleased to announce the execution of a Memorandum of Understanding ("MOU") with PT Sinergi Wijaya Kusumah ("PT Sinergi") which supersedes the trilateral arrangements previously announced in its news release of May 3, 2013.PT Sinergy holds the exclusive rights to exploit an onshore multi-reservoir oil field known as

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Rift Basin Closes Final Tranche of A Private Placement for Additional Gross Proceeds of $380,000 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — Rift Basin Resources Corp. (TSX VENTURE: RIF) (the "Company" or "Rift Basin") announces that it has closed the second and final tranche of the non-brokered private placement of units (the "Private Placement") previously announced in its news release of December 21, 2012.The final tranche closing consisted of 3,800,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of $380,000

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Rift Basin Announces Update on Proposed Farm-in Transaction 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/07/12 — Rift Basin Resources Corp. (TSX VENTURE: RIF) (the "Company" or "Rift Basin"), further to its news release of November 23, 2012 announcing a letter of intent (the "LOI") with Alpine Oil & Gas Pty Ltd ("Alpine"), a wholly owned subsidiary of ADX Energy Ltd (ASX: ADX), to acquire a 15% working interest in the Chorbane Exploration Permit (the "Permit"), the Company is pleased to announ

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Rift Basin Announces Formation of Strategic Alliance With Gulfsands 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/16/12 — Rift Basin Resources Corp. (TSX VENTURE: RIF) (the "Company" or "Rift Basin") announces that it has established a strategic alliance (the "Strategic Alliance") with Gulfsands Petroleum plc ("Gulfsands"). The intention of the Strategic Alliance is to facilitate the pursuit and acquisition of petroleum projects (the "Projects") in Tunisia and elsewhere in the Middle East and North Africa

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