Back to Results

EFTA00461142.pdf

Source: DOJ_DS9  •  Size: 156.6 KB  •  OCR Confidence: 85.0%
PDF Source (No Download)

Extracted Text (OCR)

From: Lesley Groff To: Jefffrey Epstein <jeevacation@gmail.com> Subject: Fwd: Livermore/BNK Petroleum(BKX.TO) Date: Wed, 18 Oct 2017 15:35:09 +0000 Attachments: 5241v2_NR_re_Brock_9-2H_IP_(Oct_12,_2017)_ver_3.pdf lane-Images: bottom.letterhead; bottom(1),Ietterhead Sent from my iPhone Begin forwarded message: From: Date: October 18, 2017 at 11:03:21 AM EDT To: Lesley Groff <1 Subject: Fw: Livermore/BNK Petroleum(BKX.TO) Lesley, Wanted to pass the below to Jeffrey if we didn't already. Additionally, Livermore is raising money for a specific block of stock. Of one of our energy portfolio co which will then rerate the equity. We sit on the Board and currently have an open window to buy it. We are also in discussions and are raising a new LP vehicle. Event driven and spec sit. Which is our only focus. Wanted to see if he'd have interest in both. The block requires $7mm. That is happening within weeks. The fund is for 2018 for starting talks now. Cheers, David ju obile From: Sent: Saturday, October 14, 2017 2:31 PM To: David Neuhauser Subject: Livermore/BNK Petroleum(BI0CTO) To Partners: Attached is an update from our energy portfolio company, BNK Petroleum(BKX.TO). EFTA00461142 Reflects strong reserve value and continued drilling success. This is the our third well(Brock) this year and best one to date. With an IP rate north of 700boepd. It also shows the east side of the Oklahoma SCOOP play maybe more prolific than first thought. Which is very important given most of the value of BNK remains in the rock. Production should nearly double on the year but is only a fraction of the asset value. It's now been one full year since the BNK capital raise which Livermore backstopped. Where we also took a Board seat and looked to affect a strong forward looking strategy. With the stock up 80+percent from our entry price, it's been a good story. And closed at a new 52-week high Friday. Up 22percent on the day. But given the well results and inherent value remaining, even at current strip prices, we feel there is more to run. We will continue to look for ways to maximize our holdings. BNK, to date, has been a strong example of undervalued opportunities in the market today. If one looks hard and is proactive in approach. Cheers, David David Neuhauser Livermore Partners Sent from my iPad BNK PETROLEUM INC. ANNOUNCES INITIAL PRODUCTION OF 730 BOEPD FROM THE BROCK 9-2H WELL October 12, 2017 — BNK Petroleum Inc. (the "Company") (TSX: BKX) is pleased to announce that the Brock 9-2H well (100% working interest) averaged about 730 Barrels of oil equivalent per day (BOEPD), of which 625 barrels are oil, for the last 5 days, while still producing back completion fluid. The production from the well, which is located in BNK's Tishomingo field, in the SCOOP region of Oklahoma, is currently over 600 BOEPD, of which 520 barrels are oil (87%) and appears to be stabilizing. Commenting on the announcement, Wolf Regener, President and CEO, said 'Our Brock 9-2H well is currently producing oil at rates that are 39 percent higher than the possible type curve used to estimate the reserves attributed to the Company's Tishomingo Field. If the production follows a similar path to our previous well, the Hartgraves 1-6H well, then it should have an excellent 30-day initial production rate, well over our possible type curve. The Brock 9-2H well was identified as a possible location on our year end 2016, NI 51-101 reserve report and is about a mile east of the closest proved location on that reserves report. This well increases our cash flow and continues to demonstrate the excellent production that is achievable as we expand our drilling to the east of the field." The Company also announces that the Hartgraves 1-6H well, produced a 30-day IP rate of 385 BOEPD (317 barrels oil). About BNK Petroleum Inc. BNK Petroleum Inc. is an international oil and gas exploration and production company focused on finding and exploiting large, predominately unconventional oil and gas resource plays. Through its subsidiaries, the Company owns and operates shale oil and gas properties in the United States. Additionally, the Company is utilizing its technical and operational expertise to identify and acquire additional unconventional projects. The Company's shares are traded on the Toronto Stock Exchange under the stock symbol BKX and on the OTCQB under the stock symbol BNKPF. For further information, contact: Wolf E. Regen riail: Website: www.bnkpetroleum.com EFTA00461143 David L. Neuhauser Managing Director Livermore Partners 5 Revere Drive One Northbrook Place Suite 200 Northbrook, Illinois 60062 USA website: www.livermorepartners.com This Email is Confidential. It is intended solely for the use of the named recipient(s). If you have received it in error, do not copy it or disclose its contents. Please notify us immediately by reply email and then delete this message from your system. EFTA00461144

Document Preview

PDF source document
This document was extracted from a PDF. No image preview is available. The OCR text is shown on the left.

Document Details

Filename EFTA00461142.pdf
File Size 156.6 KB
OCR Confidence 85.0%
Has Readable Text Yes
Text Length 5,007 characters
Indexed 2026-02-11T22:04:50.363598
Ask the Files