Company News



PetroShare Announces Operations Update

May 10, 2017

ENGLEWOOD, CO--(Marketwired - May 10, 2017) - PetroShare Corp. (OTCQB: PRHR) ("PetroShare", the "Company", "we", or "our"), a Colorado based oil and gas exploration and production company with operations in the Wattenberg Field of the Denver Julesberg Basin, today provided an operations update.



PetroShare Releases 2016 Year-End Proved Reserves and Production Results

April 05, 2017

ENGLEWOOD, CO--(Marketwired - April 05, 2017) - PetroShare Corp. (OTCQB: PRHR) today announced its proved reserves as of December 31, 2016, as prepared by Cawley, Gillespie & Associates, the Company's third party reserve engineer, were approximately 6.3 million barrels of oil equivalent.



PetroShare Corp. Executes Agreement to Acquire Approximately 5,900 Gross (1,465 Net) Acres in the DJ Basin and Announces its Participation in Upcoming Investor Conferences

February 28, 2017

ENGLEWOOD, CO--(Marketwired - February 28, 2017) - PetroShare Corp. (OTCQB: PRHR) today announced it has entered into a Purchase and Sale Agreement with an independent third party seller to acquire oil and gas leases totaling approximately 5,879 gross (2,930 net) acres, with an average net revenue interest of 84%, located in Weld and Adams Counties, Colorado.



PetroShare Corp. Provides Q1 Operational Update

February 07, 2017

ENGLEWOOD, CO--(Marketwired - February 07, 2017) - PetroShare Corp. (OTCQB: PRHR) today announced its development plans for the first half of 2017. The Company plans to use the majority of the net proceeds of approximately $9.0 Million from its recently up-sized private offering for completion expenses associated with its non-operated well projects, to initiate location construction and drilling operations on its Shook Pad and pursue additional leasing and acquisition opportunities.



PetroShare Corp. Announces Completion of $10 Million Private Placement

February 01, 2017

ENGLEWOOD, CO--(Marketwired - February 01, 2017) - PetroShare Corp. (OTCQB: PRHR) today announced it completed the final closing of a private placement of units consisting of unsecured convertible promissory notes and warrants for gross proceeds totaling $10,000,000 (the "Placement").



PetroShare Corp. Announces Acquisition of Approximately 16,000 Gross (5,600 Net) Acres in the DJ Basin

December 28, 2016

CENTENNIAL, CO--(Marketwired - December 28, 2016) - PetroShare Corp. (OTCQB: PRHR) ("PetroShare" or the "Company"), today announced it has closed the previously-announced Purchase and Sale Agreement with a third party ("Seller") for producing vertical wells and associated leases totaling approximately 15,514 gross (11,218 net) acres located principally in Adams and Weld Counties, Colorado.



PetroShare Corp. Enters into a Purchase Agreement for Assets Covering Approximately 16,000 Gross (11,000 Net) Acres in the DJ Basin

November 28, 2016

CENTENNIAL, CO--(Marketwired - November 28, 2016) - PetroShare Corp. (OTCQB: PRHR) ("PetroShare" or the "Company"), today announced it has entered into a Purchase and Sale Agreement with an undisclosed third party ("Seller") for producing vertical wells and associated leases totaling approximately 15,994 gross (11,169 net) acres principally in Adams and Weld Counties, Colorado.



PetroShare Corp. Announces Acquisition of Mineral Interest and Closing of Additional Oil and Gas Leases

November 21, 2016

CENTENNIAL, CO--(Marketwired - November 21, 2016) - PetroShare Corp. (OTCQB: PRHR) ("PetroShare" or the "Company") announced today that the Company completed the acquisition of mineral interests covering a 307 net acre parcel from a private party in its Southern Wattenberg Core area of Adams County, CO.



PetroShare Corp. Establishes New $10 Million Line of Credit; Acquires Mineral Rights Underlying Active Drilling Program

October 18, 2016

CENTENNIAL, CO--(Marketwired - October 18, 2016) - PetroShare Corp. (OTCQB: PRHR) announced that on October 13, 2016, it entered into a new revolving line of credit facility agreement with Providence Energy Partners III, LP, a Texas limited partnership and affiliate of Providence Energy Operators, LLC, the current lender under the Company's original line of credit.



PetroShare Corp. Signs Binding Letter of Intent Expanding Leasehold and Receives Approval for Its 14 Well Shook Pad From Adams County, Colorado

September 26, 2016

CENTENNIAL, CO--(Marketwired - September 26, 2016) - PetroShare Corp. (OTCQB: PRHR) ("PetroShare" or the "Company"), today announced the signing of a Binding Letter of Intent to acquire 305 net acres of leases adjacent to its Todd Creek Farms prospect area in Adams County, CO.



PetroShare Corp. Appoints Douglas R. Harris to Its Board of Directors

July 13, 2016

CENTENNIAL, CO--(Marketwired - July 13, 2016) - PetroShare Corp. (OTCQB: PRHR) ("PetroShare" or the "Company"), a domestic energy company focused on oil and gas properties in the Rocky Mountain portion of the United States, today announced that its Board of Directors appointed Douglas R. Harris as an independent director on July 5, 2016.



PetroShare Corp. Closes Acquisition of Producing Wells and Associated Leases

July 05, 2016

CENTENNIAL, CO--(Marketwired - July 05, 2016) - PetroShare Corp. (OTCQB: PRHR) ("PetroShare" or the "Company"), today announced it has completed the previously announced acquisition of producing vertical wells and associated leases totaling ~4,850 gross and ~2,200 net acres in Adams County, Colorado.



PetroShare Corp. Executes Agreement to Acquire Producing Wells and Associated Leases

May 31, 2016

CENTENNIAL, CO--(Marketwired - May 31, 2016) - PetroShare Corp. (OTCQB: PRHR) announced today that the Company has entered into a Purchase and Sale Agreement with a major area operator to acquire producing vertical wells and associated leases totaling approximately 4,850 gross and 2,200 net acres in Adams County, Colorado.



PetroShare Corp. Announces the Hiring of William R. Givan as Vice President of Land and the Appointment of William B. Lloyd as Chief Operating Officer

April 21, 2016

CENTENNIAL, CO--(Marketwired - April 21, 2016) - PetroShare Corp. (OTCQB: PRHR) announced that it has hired William R. Givan as Vice President of Land. Mr. Givan brings the Company over 35 years of experience in all facets of land work, business development, and contract negotiations. He has previously worked with industry participants such as Cirque Resources, Bill Barrett Corporation and Encana Oil & Gas (USA).



PetroShare Corp. Announces Closing of Lease Acquisition and Assumption of Permitted Well Inventory

April 19, 2016

CENTENNIAL, CO--(Marketwired - April 19, 2016) - PetroShare Corp. (OTCQB: PRHR) announced today that the Company has closed on the acquisition of an oil and gas lease from an independent third party totaling approximately 378 net acres in Section 5 of its Todd Creek Farms project located in Township 1 South, Range 67 West, Adams County, Colorado.



PetroShare Corp. Announces Closing of Lease Acquisition and Filing of Well Permits

April 06, 2016

CENTENNIAL, CO--(Marketwired - April 06, 2016) - PetroShare Corp. (OTCQB: PRHR) announced today that the Company has closed its previously announced acquisition of a producing well and associated leases totaling approximately 320 net acres within its Todd Creek Farms project in parts of Township 1 South, Range 67 West, Adams County, Colorado. This lease acquisition, coupled with other leases owned by the Company, represent a controlling interest in its multi-well Shook Pad. The Company has submitted permit applications for fourteen (14) horizontal well bores targeting the Niobrara and Codell formations on acreage that includes the newly-acquired leases.



PetroShare Corp. Announces Additional Lease Acquisitions, Initiation of Permitting Activities

January 16, 2016

CENTENNIAL, CO--(Marketwired - January 16, 2016) - PetroShare Corp. (OTCQB: PRHR) announced today that the Company has entered into a non-binding Letter of Intent with Kerr McGee Oil & Gas Onshore LP for the acquisition of a producing well and associated leases within its Todd Creek Farms project covering all depths in parts of Township 1 South, Range 67 West, Adams County, Colorado. Closing of the acquisition is subject to the finalization of a definitive agreement.



PetroShare Corp. Closes $4.6 Million Public Offering; Approved for Trading on OTCQB

November 20, 2015

DENVER, CO--(Marketwired - November 20, 2015) - PetroShare Corp. (OTCQB: PRHR), an oil and natural gas producer headquartered in Centennial, Colorado, is pleased to announce the closing of its initial public offering of 4,600,000 shares of common stock at a price of $1.00 per share on November 19, 2015.



PetroShare Corp. Announces a 2-Year Extension of Strategic Land and Leasing Services Agreement With Kingdom Resources, LLC

CENTENNIAL, CO--(Marketwired - September 03, 2015) - PetroShare Corp. announced today a 2-Year extension of its strategic land and leasing services agreement with Kingdom Resources, LLC. The agreement was set to expire on December 31, 2015 and has been extended through December 31, 2017.



PetroShare Corp. Announces Strategic Consulting Agreement With William (Bill) Lloyd to Assist With Engineering and Operations

CENTENNIAL, CO--(Marketwired - July 31, 2015) - PetroShare Corp. announced today that it has entered into a strategic consulting agreement with William (Bill) Lloyd. Mr. Lloyd brings Petroshare a wealth of experience in modern horizontal drilling and completion operations as well as overall industry experience.



Petroshare Corp. Announces Closing of Lease Acquisition, $5.0 Million Revolving Line of Credit and Participation Agreement

CENTENNIAL, CO , May 19, 2015 (Marketwired via COMTEX) -- PetroShare Corp. (the "Company") announced today that under its strategic land and leasing services agreement with Kingdom Resources, LLC ("Kingdom"), it closed on the previously announced assignment of approximately 333 net acres, as revised, covering all depths in parts of Township 1 South, Range 67 West, Adams County, Colorado.




PetroShare Corp. Announces Acquisition of Acreage in the Wattenberg Field

CENTENNIAL, CO --(Marketwired - March 02, 2015) - PetroShare Corp. announced today that under its strategic land and leasing services agreement with Kingdom Resources, LLC, it has accepted an assignment of approximately 309 net acres covering all depths in parts of Townsh... 3/2/2015 3:28:57 PM