Petrodorado Energy has filed its interim Financial Results and Management Discussion & Analysis for the three and six months ended June 30, 2016, announces its intention for a 5:1 consolidation of the Company’s common shares, and provides a Company update. Financial Statements Highlights include: Special Distribution (as defined below) of $16.0 million to Company shareholders Working capital of $0.8 million [...]
Petrodorado Energy has filed its interim Financial Results and Management Discussion & Analysis for the three months ended March 31, 2016, and announces changes to the Board of Directors of the Company. Financial Statements Highlights include: Total available funds of $17.4 million * Working capital of $16.8 million Elimination of the vast majority of contractual commitments $ (U.S. dollars) Period e...
Petrodorado Energy has filed its 2015 Year Financial Results, Annual Information Form and Management Discussion & Analysis. FINANCIAL STATEMENTS Highlights include: Total available funds of $16.1 million * Working capital of $16.6 million Elimination of the vast majority of contractual commitments $ (U.S. dollars) Year ended December 31, 2015 Year ended December 31, 2014 ...
Petrodorado Energy is pleased to announce the conclusion of its special distribution of cash by way of a return of capital. The Return of Capital has now been completed in accordance with the applicable “Due Bill” trading procedures of the TSX Venture Exchange. The aggregate Return of Capital, consisting of a cash payment of CAD$0.42 per Company share, was made earlier today through the facilities of the Canadian [...]
Calgary, Alberta (FSCwire) - Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSXV-PDQ) is pleased to announce the final details of its special distribution of cash by way of a return of capital (the “Return of Capital”). The Return of Capital will be done in accordance with the applicable “Due Bill” trading procedures of the TSX Venture Exchange (“TSXV”). It is expected, based on the current number of issued and [...]
Calgary, Alberta (FSCwire) - Petrodorado Energy Ltd. (“Petrodorado” or the “Company”) (TSXV-PDQ) is pleased to announce that it has divested its interest in the La Maye Block and the Moriche Block located in Colombia. La Maye Block Petrodorado has successfully divested its participating interest in the La Maye Block of the Lower Magdalena Valley of Colombia (the “La Maye Interest”) to a private oil and gas company. This [...]
Calgary, Alberta (FSCwire) - Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSXV-PDQ) is pleased to announce that it has divested its interest in the Talora Block and received the final payment of Amerisur shares. Talora Block Petrodorado has successfully divested its participating interest in the Talora Block of the Upper Magdalena basin of Colombia (the “Talora Interest”). This divestiture was realized by way [...]
Calgary, Alberta (FSCwire) - Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSXV-PDQ) announces the results from the annual general and special meeting of shareholders held on January 27, 2016 (the “AGM”) as well as changes in Company management. Results of AGM The Company is pleased to announce that all of the items of business put forward for consideration at the AGM have passed by the requisite percentage of [...]
Calgary, Alberta (FSCwire) - Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSXV-PDQ) announces recent developments in corporate matters affecting shareholders. Dissident Nominees Petrodorado has recently been notified that the nominees of a dissident shareholder group (the “Dissident Nominees”) have withdrawn their names from consideration for election as directors of the Company at the upcoming annual general [...]
Calgary, Alberta (FSCwire) - The Board of Directors of Petrodorado Energy Ltd. (“Petrodorado” or the “Company”) (TSXV-PDQ) provides a company update. Amendment of the Record Date for the Annual Meeting of Shareholders The Company has made the decision to amend the record date for the upcoming general meeting of the shareholders scheduled to occur on January 27, 2016 (the “AGM”) in light of the recent announcement in [...]
Calgary, Alberta (FSCwire) - Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSXV-PDQ) announces its intention to distribute a special dividend as part of matters of interest at the upcoming general meeting of the shareholders scheduled to occur on January 27, 2016 (the “AGM”). After a review of potential transactions as part of the Company’s ongoing strategic re-assessment carried out during the 2015 year, the [...]
Calgary, Alberta (FSCwire) - Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSXV-PDQ) has filed its interim Financial Results and Management Discussion & Analysis for the three and nine months ended September 30, 2015. Financial Statements Highlights include: Total available funds of $13.5 million * Marketable securities of $2.0 million Working capital of $15.3 million, plus $0.3 million in non-current [...]