Petrocapita Announces Release of Financial Statements and MD&A


CALGARY, Alberta, Nov. 28, 2017 (GLOBE NEWSWIRE) -- Petrocapita Income Trust (CSE:PCE.UN) announces that the Unaudited Condensed Interim Consolidated Financial Statements and Management’s Discussion and Analysis for the three and nine months ended September 30, 2017 and September 30, 2016 have been filed with the Canadian Securities Exchange (CSE) and on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and may be accessed at www.sedar.com.

About Petrocapita

Petrocapita Income Trust is a Specified Investment Flow Through trust developing and acquiring heavy oil production and infrastructure assets in the Lloydminster area of east central Alberta and west central Saskatchewan through its wholly owned subsidiary, Petrocapita Oil and Gas L.P. Petrocapita owns, operates, or has an interest in 445 gross (426.3 net) oil wells, 91 gross (22 net) gas wells, 19 produced water disposal facilities, 3 custom oil processing facilities, 4 natural gas compressor stations, 127.25 km in pipelines, oil well service rigs, fluid haul tractors and trailers, and well site processing equipment. It is seeking accretive opportunities to acquire both oil production and complimentary midstream assets during a cyclical low in the oil and gas markets.

For further information, please contact:

Alex Lemmens, President
Telephone: (587) 393-3460

OR

Steve Elliott, Investor Relations
Telephone: (587) 700-8408