ORACLE ENERGY CORP. : http://www.oracleenergy.com/ : QwikReport

News Releases

#Wed Nov 26, 2014
Oracle Energy Corporate Update

 Vancouver November 26, 2014 -- the Board of Directors of Oracle Energy Corp is pleased to provide a corporate update.

Oracle has elected to exit Portugal where it holds the Barreiro exploration concession. Based on the technical work done to date the Board has decided that the cost and time required to de-risk the play is inappropriate at this stage of Oracle's development. Oracle is working collaboratively with the Portugal authorities to exit the concession contract.

Oracle remains focused on obtaining Producing and Development concessions in the prolific West African basins and in particular in Nigeria. Nigeria has over one thousand discovered oil and gas fields of which less than three hundred and fifty are developed. Entrance into these opportunities requires foreign companies to work in partnership with Nigerian companies. The Oracle team has successful "on the ground" experience in developing and operating similar fields and has long term relationships with senior oil industry professionals who are leading indigenous Nigerian companies. Oracle is focused on applying this expertise and these relationships to build near and long term shareholder value.

Oracle is currently engaged in negotiations on several opportunities and will advise shareholders as these develop.

About Oracle Energy Corp.

Oracle Energy Corp. (TSX.V: OEC) (Frankfurt: O2E) is an international oil and gas exploration and development company with near term focus on development of Nigeria's huge oil and gas resources. Oracle has two indigenous partners in Nigeria, Bolad Energy and Greenacres Energy and is well positioned to participate in the current Nigerian Marginal Field Round and in acquisition of assets in the continuing International Oil Company asset divestment processes.

For more information on Oracle Energy visit www.OracleEnergy.com

ON BEHALF OF THE BOARD
"Peter Francis"
Oracle Energy Corp.


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Forward-looking statements in this release are made pursuant to the 'safe harbour' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.
 
#Wed Oct 22, 2014
Oracle Energy Raises $810,000, Appoints Secretary

 Vancouver, B.C.: Oracle Energy Corp. (the "Company") (TSX-V Symbol: OEC) is pleased to announce that it has received final approval from the TSX Venture Exchange on the closing of its non-brokered private placement, previously announced June 17, 2014.

The Company has issued 8,100,000 Units at a price of ten cents ($0.10) per Unit for gross proceeds of $810,000. Each Unit consists of one common share and one half of a common share purchase warrant (the "Unit Warrants") with each full Unit Warrant entitling the holder to acquire one additional common share of the Company at a price of fifteen cents ($0.15) per share for a period of 36 months from closing.

The Company has paid a cash finder's fee of $9,500 and has issued 95,000 Finder's Warrants to Foster & Associates Financial Services, with each Finder's Warrant entitling the holder to purchase an additional common share of the Company at a price of fifteen cents for a period of 36 months from closing.

All securities issued pursuant to the private placement are subject to a restricted period of four months and one day from closing.

The Company further announces the resignations of Loren Currie as Corporate Secretary and Alan Sendzul as Chief Investment Officer. The Company would like to acknowledge their contributions.

The Company is pleased to announce the appointment of Gordon Fretwell as Corporate Secretary.

About Oracle Energy Corp.

Oracle Energy Corp. is a Canadian oil and gas company focussed on growth and shareholder value creation through exploration, development and production in Africa - initially Nigeria. Our three pronged strategy is a focus on: Capture of the best opportunities, best-in-class execution, and critical assessment and mitigation of risk. For more information on Oracle Energy visit www.OracleEnergy.com.

ON BEHALF OF THE BOARD

"PETER FRANCIS"

Peter Francis, CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
 
#Thu Jul 3, 2014
Oracle Signs Investor Relations Agreement With Senergy Communications

 VANCOUVER, BRITISH COLUMBIA – July 3,2014 – Oracle Energy Corp. (the "Company" or "Oracle") (TSX.V: OEC) (Frankfurt: O2E) announced today the signing of an investor relations agreement with Senergy Communications Inc. ("Senergy") for the provision of marketing, investor & broker relations and communications services.

The Company and Senergy will execute coordinated marketing and investor relations activities to build broader market awareness of Oracle's projects within the retail, brokerage and institutional investment communities in both North America and Europe.

Senergy will receive $3,500.00 per month for an initial 6 month term, which may be extended through a mutual agreement. In addition, Senergy has been granted an option to purchase 125,000 common shares of the Company at a price of $0.10 per share for a period of 12 months, subject to provisions in accordance with the Company's Stock Option Plan and the policies of the TSX venture Exchange (the "Exchange"). The agreement is subject to Exchange approval. Anthony Zelen, sole shareholder of Senergy holds 32,000 shares of Oracle Energy Corp.

Senergy, an arms-length company based in Vancouver, BC, providing investor relations and marketing services to public companies since 2006.

ON BEHALF OF THE BOARD

Art Green
President
Oracle Energy Corp.

Investor relations:
Senergy Communications Inc.
Anthony Zelen
Tel: 604-336-6322
anthony@senergyir.com
www.senergyir.com

Forward-Looking Statements: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Such forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to political risks involving the Company's exploration and development of mineral properties interests, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties. Such information contained herein represents management's view..
 
#Tue Jun 17, 2014
Oracle Energy Corp Announces Private Placement

 
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION BY ANY UNITED STATES NEWS DISTRIBUTOR

Vancouver, British Columbia, June 17, 2014 - Oracle Energy Corp. ("the Company") (TSX.V: OEC) (Frankfurt: O2E) is pleased to announce a non-brokered private placement financing of up to $ 800,000 (the "Private Placement").

The Private Placement will consist of the issuance of up to 8,000,000 units of the Company (each, a "Unit"), at $0.10 per Unit for proceeds of up to $800,000, with each Unit consisting of one common share of the Company and one-half of one non-transferable common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one common share of the Company at a price of $0.15 for a period of 36 months following the closing date.

Finders' fees may be paid by the Company in conjunction with the completion of the Private Placement in accordance with TSX Venture Exchange policies.

All of the securities issued pursuant to the Private Placement will be subject to a restricted period of four months and one day from the date of closing.

The Company intends to use the proceeds from the sale of the Units for advancing projects that the Company may acquire in Nigeria, and for general working capital purposes. The Private Placement is subject to approval from the TSX Venture Exchange.

The Company has also granted 2,790,000 incentive stock options to insiders and consultants of the Company at a price of $0.10 per share for a five year period. 650,000 of the options will be subject to a one year hold period from trading while the remaining balance will be subject to a four month hold period. This grant of options is subject to TSX Venture Exchange approval.


About Oracle Energy Corp.

Oracle Energy Corp. (TSX.V: OEC) (Frankfurt: O2E) is a Canadian oil and gas company focused on growth and shareholder value creation through exploration, development, and production in Africa - initially Nigeria. Our three pronged strategy is a focus on: capture of the best opportunities, best-in-class execution, and critical assessment and mitigation of risk. For more information on Oracle Energy visit www.OracleEnergy.com

ON BEHALF OF THE BOARD

"Peter Francis"

Peter Francis, CEO

Oracle Energy Corp.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
 
#Tue Jun 3, 2014
Oracle Energy Corp Announces New Website Presentation and Summarizes Organization Changes

 Vancouver June 3, 2014 -- The Board of Directors of Oracle Energy Corp is pleased to announce that a new Corporate Presentation has been added to the Oracle website www.oracleenergy.com.

As announced in news releases dated April 2 and May 27, 2014 Oracle has renewed the Board and Management of the company to further strengthen Nigeria experience and expertise. The Oracle team along with its indigenous Nigerian partners intends to acquire development and producing assets in Nigeria.

Recent changes include the following appointments; Mr. Darrell McKenna to Chairman, Mr. Peter Francis to CEO, Ambassador Howard Jeter to Director, Mr. Cyril Odu to Director and Mr. Alan Sendzul to Chief Investment Officer. Biographical information on these appointees and the rest of the Oracle team is available in the cited news releases and on the website.

About Oracle Energy Corp.

Oracle Energy Corp. (TSX.V: OEC) (Frankfurt: O2E) is an international oil and gas exploration and development company with near term focus on development of Nigeria's huge oil and gas resources. Oracle has two indigenous partners in Nigeria, Bolad Energy and Greenacres Energy and is well positioned to participate in the current Nigerian Marginal Field Round and in acquisition of assets in the continuing International Oil Company asset divestment processes.

For more information on Oracle Energy visit www.OracleEnergy.com

ON BEHALF OF THE BOARD
"Peter Francis"
Oracle Energy Corp.


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Forward-looking statements in this release are made pursuant to the 'safe harbour' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.
 

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