San Diego, CA, United States

Point Loma Nazarene University

www.pointloma.edu
San Diego, CA, United States

Point Loma Nazarene University is a Christian liberal arts college. Its main campus is located on the Point Loma oceanfront in San Diego, California, United States. It was founded in 1902 as a Bible college by the Church of the Nazarene. Wikipedia.


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News Article | May 23, 2017
Site: www.marketwired.com

In establishing this JV, Point Loma has attracted a strategic partner that will allow Point Loma to accelerate currently identified opportunities and additional capital options to pursue opportunities in the core focus area of west central Alberta. Point Loma has been able to acquire certain assets for accretive terms in the region and this transaction will inject capital to activate additional acquired production previously suspended and to expand the Corporation's drilling program. "Point Loma is looking forward to the strategic JV with Salt Bush as it will accelerate the ability to unlock the value of our west central Alberta properties," said Terry Meek, President and CEO of Point Loma. "The agreement will allow us not only to begin this much anticipated growth phase with the initiation of drilling activity but allows us to explore other opportunities through this additional access to capital in a challenging market." Current production of approximately 900 boe/d is anticipated to ultimately increase with the deployment of the proceeds through certain identified acquisitions, development drilling and new pool drilling opportunities. Point Loma is a public oil and gas development and exploration company focused on horizontally exploiting conventional oil and gas reservoirs in west central Alberta. Point Loma's business plan is to utilize its experience to drill, develop and acquire accretive assets with potential for horizontal multi-stage frac technology and exploit opportunities for secondary recovery. For more information and our current presentation please visit Point Loma's website at www.pointloma.ca or Point Loma's profile on the System for Electronic Document Analysis and Retrieval website at www.sedar.com. This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including without limitation, statements pertaining to Point Loma's expectations as to production and future potential production increases, as well as increases in cash flow and the timing thereof; future gas processing rates; Point Loma's expectations as to future prices of oil and natural gas; the focus of Point Loma's management team and go-forward strategy. The use of any of the words "will", "expects", "believe", "plans", "potential" and similar expressions are intended to identify forward-looking statements or information. Although Point Loma believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Point Loma cannot give assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve and resource estimates; the inability of Point Loma to bring additional production on stream or in the anticipated quantities disclosed herein; the uncertainty of estimates and projections relating to reserves, resources, production, costs and expenses; health, safety and environmental risks; commodity price and exchange rate fluctuations; marketing and transportation; loss of markets; environmental risks; competition; incorrect assessment of the value of acquisitions; failure to realize the anticipated benefits of acquisitions; ability to access sufficient capital from internal and external sources; changes in legislation, including but not limited to tax laws, royalties and environmental regulations, actual production from the acquired assets may be greater or less than estimates. Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide security holders with a more complete perspective on Point Loma's future operations and such information may not be appropriate for other purposes. The forward-looking statements and information contained in this press release are made as of the date hereof and Point Loma does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. "BOEs" may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value. You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser.


CALGARY, AB--(Marketwired - May 24, 2017) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce an investment agreement with Evenergy Company Limited ("Evenergy") for Evenergy to acquire 8,375,000 common shares of Point Loma for $4,020,000 representing a purchase price of $0.48 per share (the "Investment"). With this investment agreement Point Loma has attracted another strategic investor that will allow Point Loma to accelerate currently identified opportunities and provides additional capital options to pursue opportunities in the core focus area of west central Alberta. Point Loma has been able to efficiently acquire certain strategic assets for accretive terms in the region and the Evenergy transaction will inject capital to further accelerate the Corporation's drilling program and acquisition and exploitation opportunities through the remainder of 2017. "Point Loma is excited to add to our capital programs in 2017 with this injection of capital at a key time in our growth cycle," said Terry Meek, President and CEO of Point Loma. "Evenergy is an organization seeking further investment opportunities with Point Loma that, in conjunction with Salt Bush Energy, will allow for strong access to capital in this challenging energy market we face today. With this combination of capital sources Point Loma can look to strong growth in 2017 and beyond." GMP Securities LP and Mackie Research Capital Corporation have acted as the respective financial and strategic advisors to Point Loma in regards to this investment transaction. Point Loma is currently producing approximately 700 boe/d (post-closing of the Salt Bush joint venture). The Corporation anticipates the acceleration of its development plan and the increase of production with the deployment of the proceeds through certain identified acquisitions, re-activations, development drilling and new pool drilling opportunities. Point Loma is a public oil and gas development and exploration company focused on horizontally exploiting conventional oil and gas reservoirs in west central Alberta. Point Loma's business plan is to utilize its experience to drill, develop and acquire accretive assets with potential for horizontal multi-stage frac technology and exploit opportunities for secondary recovery. For more information and our current presentation please visit Point Loma's website at www.pointloma.ca or Point Loma's profile on the System for Electronic Document Analysis and Retrieval website at www.sedar.com. Evenergy is a long term strategic investor targeting high quality oil and gas assets. Evenergy is a Hong Kong registered company, a subsidiary of Zhongcheng Group, one of the largest privately owned independent petroleum refinery, oil products and LPG distribution and retail companies in China. This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including without limitation, statements pertaining to Point Loma's expectations as to production and future potential production increases, as well as increases in cash flow and the timing thereof; future gas processing rates; Point Loma's expectations as to future prices of oil and natural gas; the focus of Point Loma's management team and go-forward strategy. The use of any of the words "will", "expects", "believe", "plans", "potential" and similar expressions are intended to identify forward-looking statements or information. Although Point Loma believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Point Loma cannot give assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve and resource estimates; the inability of Point Loma to bring additional production on stream or in the anticipated quantities disclosed herein; the uncertainty of estimates and projections relating to reserves, resources, production, costs and expenses; health, safety and environmental risks; commodity price and exchange rate fluctuations; marketing and transportation; loss of markets; environmental risks; competition; incorrect assessment of the value of acquisitions; failure to realize the anticipated benefits of acquisitions; ability to access sufficient capital from internal and external sources; changes in legislation, including but not limited to tax laws, royalties and environmental regulations, actual production from the acquired assets may be greater or less than estimates. Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide security holders with a more complete perspective on Point Loma's future operations and such information may not be appropriate for other purposes. The forward-looking statements and information contained in this press release are made as of the date hereof and Point Loma does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. "BOEs" may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value.


News Article | May 2, 2017
Site: www.prweb.com

LearnHowToBecome.org, a leading resource provider for higher education and career information, has evaluated the best colleges and universities in California for 2017. Of the 50 four-year schools who made the list, Stanford University, University of Southern California, California Institute of Technology, University of California Los Angeles and University of California Berkeley came in as the top five. Of the 50 two-year schools ranked, Santa Rosa Junior College, Pasadena City College, Ohlone College, College of San Mateo and Mission College were the top five. A full list of schools is included below. “California offers students some of the highest-quality academic opportunities in the country, and the schools on our list are the best of the best,” said Wes Ricketts, senior vice president of LearnHowToBecome.org. “Not only do these colleges and universities offer outstanding degree programs, they also provide their students with career resources and counseling services that equip them for post-college success.” To be included on the “Best Colleges in California” list, institutions must be regionally accredited, not-for-profit schools. Each college is ranked on additional statistics including the number of degree programs offered, the availability of career and academic resources, the opportunity for financial aid, graduation rates and annual alumni earnings 10 years after entering college. Complete details on each college, their individual scores and the data and methodology used to determine the LearnHowToBecome.org “Best Colleges in California” list, visit: The Best Four-Year Colleges in California for 2017 include: Art Center College of Design Azusa Pacific University California Baptist University California Institute of Technology California Lutheran University California Polytechnic State University-San Luis Obispo California State University-Long Beach Chapman University Claremont McKenna College Concordia University-Irvine Dominican University of California Fresno Pacific University Harvey Mudd College Holy Names University Loma Linda University Loyola Marymount University Mills College Mount Saint Mary's University National University Notre Dame de Namur University Occidental College Pacific Union College Pepperdine University Pitzer College Point Loma Nazarene University Pomona College Saint Mary's College of California San Diego State University San Francisco State University San Jose State University Santa Clara University Scripps College Stanford University University of California-Berkeley University of California-Davis University of California-Irvine University of California-Los Angeles University of California-Riverside University of California-San Diego University of California-Santa Barbara University of California-Santa Cruz University of La Verne University of Redlands University of San Diego University of San Francisco University of Southern California University of the Pacific Westmont College Whittier College Woodbury University The Best Two-Year Colleges in California for 2017 include: Allan Hancock College American River College Bakersfield College Butte College Cabrillo College Canada College Chabot College Chaffey College Citrus College City College of San Francisco College of San Mateo College of the Canyons College of the Siskiyous Contra Costa College Copper Mountain College Crafton Hills College Cuesta College Cypress College De Anza College Diablo Valley College Feather River College Foothill College Fresno City College Las Positas College Lassen Community College Long Beach City College MiraCosta College Mission College Modesto Junior College Monterey Peninsula College Mt. San Antonio College Napa Valley College Ohlone College Orange Coast College Palomar College Pasadena City College Riverside City College Sacramento City College Saddleback College San Bernardino Valley College San Diego Mesa College Santa Ana College Santa Barbara City College Santa Rosa Junior College Shasta College Skyline College Solano Community College Southwestern College West Valley College Yuba College ### About Us: LearnHowtoBecome.org was founded in 2013 to provide data and expert driven information about employment opportunities and the education needed to land the perfect career. Our materials cover a wide range of professions, industries and degree programs, and are designed for people who want to choose, change or advance their careers. We also provide helpful resources and guides that address social issues, financial aid and other special interest in higher education. Information from LearnHowtoBecome.org has proudly been featured by more than 700 educational institutions.


News Article | May 30, 2017
Site: www.marketwired.com

CALGARY, AB--(Marketwired - May 30, 2017) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to report financial and operating results for the three months ended March 31, 2017. Highlights of the period and additional updates are summarized below: The first quarter of 2017 was an active period for acquisitions and an increasing production profile for Point Loma. The Corporation closed a smaller transaction in January 2017 ("Ascent") and a larger deal in February, 2017 ("Judy Creek") which in combination with work completed in December 2016 resulted in increased production for the quarter and an average of 830 boe/d for the month of March 2017. Subsequent to the first quarter Point Loma has announced two additional transactions that will capitalize 2017 drilling and facilities programs and provide strategic capital partners for future growth. On May 23, 2017 the Corporation closed a disposition and joint venture with Salt Bush Energy Ltd. ("Salt Bush") for consideration of $4.17 million for 20% of its oil and gas assets. Salt Bush has made an additional capital commitment of $0.83 million towards the current joint budget. Salt Bush will be a strategic JV partner with Point Loma in future endeavors and will also contribute a proportionate share of general and administrative expenses to the Corporation. On May 24, 2017 Point Loma announced an investment agreement with Evenergy Company Limited ("Evenergy") to acquire 8,375,000 shares of Point Loma for $4,020,000 representing a purchase price of $0.48 per share. The first tranche of funds closed on May 29, 2017 in the amount of $1,797,541 and the second tranche of $2,222,458 is expected to close within 3 business days after the receipt of approvals from the TSX Venture Exchange. Evenergy will also have the right to nominate one director to the board of directors of the Corporation and the right to participate in future equity issuances of the Corporation to maintain its pro rata interest on the terms set out in the investment agreement. Point Loma is very pleased to have added Kevin R. Baker, Q.C., to the Corporation's Board of Directors subject to the approval of the Corporations shareholders at our upcoming Annual and General meeting. Mr. Baker is a significant shareholder of Point Loma with ownership of approximately 17% of the Corporation's common shares. Mr. Baker has been President and CEO of a number of public and private exploration and production and oilfield services companies. It is anticipated that he will join the Audit and Corporate Governance and Compensation committees of Point Loma. With the injection of the additional capital outlined above Point Loma is planning to undertake a busy drilling and facilities program this summer. The Corporation has approved a capital budget for the second and third quarters that will see approximately $5 million of activity including the drilling of 2 horizontal development wells, one vertical exploratory test and additional facilities optimization and acquisitions. Point Loma anticipates that these activities will be the precursor to an increase in oil and gas production into the fourth quarter. Pending success and approved capital programs Point Loma would anticipate a further program of drilling in the fourth quarter. Point Loma has been in contact with an industry midstream operator regarding their announced purchase of the Paddle River gas facility and infrastructure system. Point Loma has previously producing suspended wells in the area that could be re-activated into the facility. "Point Loma is excited to begin our 2017 drilling and operational cycle," said Terry Meek, President and CEO of Point Loma. "The combination of additional capital, development drilling, identified tuck in opportunities and potential re-activation of key infrastructure in our core area provides the impetus for a growth step and operational improvements for Point Loma that would benefit our production levels while improving our netbacks through lower operating costs." Point Loma has filed its first quarter financial statements, Management's Discussion and Analysis (MD&A) and Annual Information Form (AIF) for the quarter ended March 31, 2017 with Canadian securities regulators. These filings, and additional information including the Corporation's recently updated corporate presentation can be found at Point Loma's website at www.pointloma.ca or at Point Loma's profile on the System for Electronic Document Analysis and Retrieval website at www.sedar.com. Point Loma is a public oil and gas development and exploration company focused on horizontally exploiting conventional oil and gas reservoirs in west central Alberta. Point Loma's business plan is to utilize its experience to drill, develop and acquire accretive assets with potential for implementation of horizontal multi-stage frac technology and exploit opportunities for secondary recovery. This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including without limitation, statements pertaining to Point Loma's expectations as to production and future potential production increases, as well as increases in cash flow and the timing thereof; future gas processing rates; Point Loma's expectations as to future prices of oil and natural gas; the focus of Point Loma's management team and go-forward strategy. The use of any of the words "will", "expects", "believe", "plans", "potential" and similar expressions are intended to identify forward-looking statements or information. Although Point Loma believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Point Loma cannot give assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve and resource estimates; the inability of Point Loma to bring additional production on stream or in the anticipated quantities disclosed herein; the uncertainty of estimates and projections relating to reserves, resources, production, costs and expenses; health, safety and environmental risks; commodity price and exchange rate fluctuations; marketing and transportation; loss of markets; environmental risks; competition; incorrect assessment of the value of acquisitions; failure to realize the anticipated benefits of acquisitions; ability to access sufficient capital from internal and external sources; changes in legislation, including but not limited to tax laws, royalties and environmental regulations, actual production from the acquired assets may be greater or less than estimates. Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide security holders with a more complete perspective on Point Loma's future operations and such information may not be appropriate for other purposes. The forward-looking statements and information contained in this press release are made as of the date hereof and Point Loma does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. "BOEs" may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value. The Corporation utilizes certain measurements that do not have a standardized meaning or definition as prescribed by IFRS and therefore may not be comparable with the calculation of similar measures by other entities, including cash from (used) in operating activities and netback. Readers are referred to advisories and further discussion on non-GAAP measurements contained in the Corporation's MD&A.


News Article | July 24, 2017
Site: www.marketwired.com

CALGARY, AB--(Marketwired - July 24, 2017) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") reports the issuance of 1,515,000 options to purchase shares of the Corporation: A total of 1,515,000 stock options have been granted to directors, officers and employees of the Corporation. Of the total granted, 1,035,000 stock options were granted to directors and officers of Point Loma. Point Loma is a public oil and gas development and exploration company focused on horizontally exploiting conventional oil and gas reservoirs in west central Alberta. Point Loma's business plan is to utilize its experience to drill, develop and acquire accretive assets with potential for horizontal multi-stage frac technology and exploit opportunities for secondary recovery. For more information and our current presentation please visit Point Loma's website at www.pointloma.ca or Point Loma's profile on the System for Electronic Document Analysis and Retrieval website at www.sedar.com.

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