TORONTO, Jan. 15, 2021 /CNW/ - Paul Wanklyn, President and Chief Executive
Officer, Pipestone Energy Corp. ("Pipestone" or the "Company")
(TSX: PIPE) and his team joined Berk Sumen, Head, Company Services,
TMX Group, to celebrate the Company's graduation from TSX Venture
Exchange to Toronto Stock Exchange and open the market.
Pipestone is an oil and gas
exploration and production company focused on developing its large
contiguous and condensate-rich Montney asset base in the Pipestone area near Grande Prairie. Pipestone is fully-funded to grow its
production from 15 – 16 Mboe/d in 2020 to >37 Mboe/d in 2023,
while maintaining a conservative leverage profile. Beginning in
2022, the Company expects to generate material annual free cash
flow above growth and maintenance expenditures. Pipestone is committed to building long term
value for our shareholders while maintaining the highest possible
environmental and operating standards, as well as being an active
and contributing member to the communities in which it operates.
For more information visit https://pipestonecorp.com/
For Market Openings: Media may pick up a
feed from the TOC (television operations centre) for all market
open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is
produced at the TMX Broadcast Centre and sent live to the TOC. To
pick up the feed via the Dejero network, please
contact avservices@tmx.com. The client feature video will
begin playing on the TMX media wall at approximately 9:27 a.m. ET and the markets will open with the
sound of a siren at 9:30 a.m.
ET
Date: Friday,
January 15, 2021
Time: 9:00am -
9:30am
Place: Virtually Broadcast
SOURCE TMX Group Limited