Petrodorado Energy has filed its 2016 Year Financial Results and Management Discussion & Analysis. Financial Statements Highlights include: Special Distribution of $16.0 million to Company shareholders Working capital of $1.0 million Virtually no remaining contractual commitments $ (U.S. dollars) Year ended December 31, 2016 Year ended December 31, 2015 Wor...
Petrodorado Energy announces the issuance of stock options to directors and officers of the Company. The Company announces that the Board of Directors has awarded a total of 560,000 options to directors and officers. The options are exercisable into common shares in the capital of the Company at an exercise price of $0.10 per share. The options vest as to one third immediately with an additional one third vesting on the [...]
Petrodorado Energy has filed its interim Financial Results and Management Discussion & Analysis for the three and nine months ended September 30, 2016. Financial Statements Highlights include: - Special Distribution (as defined below) of $16.0 million to Company shareholders - Working capital of $1.1 million, total available funds of $1.2 million * - Virtually no remaining contractual commitments $ (U.S. dollars [...]
Petrodorado Energy provides an operations update and announces a 5:1 consolidation of the Company’s common shares. Operations Update The Company has successfully executed a settlement agreement with the operating partner of the Buganviles Block with regards to the release of Petrodorado from future involvement in this exploration area. Under the terms of the settlement agreement, the operating partner will indemnify and [...]
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 [...]