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ProAm Explorations PMX.V · CAD

Energy · TSX Venture · 🇨🇦 Canada

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About ProAm Explorations

Its shares trade on TSX Venture under the ticker PMX.V. It has been listed since 22 May 1981. In the fiscal year to 31 December 2025, it reported revenue of C$24,037 and a net loss of C$354,844. At that date it held total assets of C$67,537 and shareholders' equity of −C$163,313.

ProAm Explorations Corp. is a junior mineral and oil & natural gas exploration and development company. The company is headquartered in North Vancouver, British Columbia. The firm operates in a single reportable operating segment, namely the acquisition, exploration and development of resource properties. Its principal business activities are oil and gas production and the exploration and development of its exploration and evaluation assets (E&EA). The firm is in the process of exploring and developing its E&EA. The firm's exploration and evaluation assets are Tucker County, Samuel Lake Project, and Jet Property. The firm owns working interests in a number of oil and gas properties, such as Muskingum Country, Eastern Ohio; Indiana County, Pennsylvania; Logan County, Arkansas, and Oklahoma City, Oklahoma. Its subsidiaries include OSEC Petroleum Canada Limited, OSEC Trading Crop, and OSEC Petroleum Inc.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
22 May 1981

Leadership

Pay as last reported

  • Mr. Donald MacdonaldCo-Chairman of the Board, President, since 2024C$10,000
  • Mr. Jason CubittCo-Chairman of the Board, Chief Executive Officer, since 2024
  • Mr. Al FabbroChief Financial Officer and Director, since 2020
  • Mr. Tjalling de JongDirector
  • Mr. Kevin GuichonDirector

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • ProAm Explorations Corp operates in multiple U.S. states including Ohio, Pennsylvania, and Arkansas.
  • The company owns working interests in key oil and gas properties across the U.S.
  • ProAm's subsidiaries include OSEC Petroleum Canada Limited and OSEC Petroleum Inc.

Weaknesses

  • The company's exploration and evaluation assets are limited to Tucker County and Samuel Lake Project.
  • ProAm is a junior company with no major production assets yet.
  • The firm's single operating segment restricts diversification opportunities.

Opportunities

  • ProAm can develop its Tucker County and Jet Property assets further.
  • The company may expand its presence in Eastern Ohio and Oklahoma City.
  • OSEC Petroleum Canada Limited offers potential for growth in Canada.

Threats

  • ProAm's exploration activities face uncertainty in Tucker County.
  • The company's focus on oil and gas may be impacted by market volatility.
  • Limited exploration assets could hinder long-term growth prospects.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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