Centaurus Energy Inc. announces that, effective February 18, 2020, Leonardo Madcur has resigned as a director of the Company due to growing business commitments that will no longer allow him to dedicate sufficient focus on the activities of Centaurus. The Company wishes to thank Mr. Madcur for his valuable contributions to the Company. About Centaurus Energy Centaurus is an independent upstream oil and gas company with [...]
Centaurus Energy Inc. announces that it has entered in an exclusive negotiation agreement with KD Energy International Capital Limited to discuss a potential equity financing. The negotiations with KD Energy are being conducted on behalf of the Company under the direction of a special committee of independent directors through Peters & Co. Limited, who was retained to act as financial advisor to the independent special [...]
Centaurus Energy Inc. is pleased to announce that the Company has entered into an agreement with the Ministry of Energy and Natural Resources of the Province of Neuquén to adjust the milestone schedules for the Company's drilling obligations in its Curamhuele concession. Centaurus has a 90% working interest in the Curamhuele concession covering approximately 51,000 net acres. The concession is prospective for [...]
Centaurus Energy Inc. is pleased to announce Pan American Energy , Centaurus' Partner, successfully completed and tested the CASE-501h multi-frac well in the Vaca Muerta Shale Formation at the Coiron Amargo Sur Este block in Argentina. This is the second of a five well program. The well was drilled with an approximate horizontal lateral length of 2,000 meters at a vertical depth of approximately 3,100 meters. The [...]
Centaurus Energy Inc. is pleased to announce its financial and operating results for the three months ended September 30, 2019. Centaurus' CEO Jose Penafiel commented: "We are pleased to announce our first quarter of financial results under our new name as Centaurus Energy. Our financial results were impacted by significantly lower oil prices in Argentina during the quarter, but we were able to maintain positive operating [...]
Centaurus Energy Inc. is pleased to announce that the Company plans to hold an investor conference call to discuss the Company's third quarter 2019 operating and financial results on Tuesday November 26, 2019 at 8:00 a.m. MDT. The Company expects to announce third quarter 2019 results before market on Monday November 25, 2019. Analysts and investors are invited to participate using the following dial-in numbers: Local [...]
Centaurus Energy Inc. announced today that the Financial Industry Regulatory Authority, Inc. has approved a change in the Company's stock symbol on the OTC Markets. Effective today, November 7, 2019, the Company's common shares are expected to trade on the OTC Markets under the symbol "CTARF". The previous trading symbol was "MDLNF". There is no action required by current shareholders in connection with this change. Mr [...]
Centaurus Energy Inc. announced today that the Argentine National Securities Commission has authorized the listing of the Company's shares in Argentina, through a listing on the Buenos Aires stock exchange, Bolsas y Mercados Argentinos S.A. subject to: Submission of the final version of the non-offering prospectus to be approved by CNV; Submission of proof that the Company's new name has been registered in Canada and [...]
Centaurus Energy Inc. is pleased to announce that it has amended its articles to change its name to "Centaurus Energy Inc.". The Company obtained requisite approval from shareholders at the special meeting held on September 20, 2019. The Company expects its common shares will commence trading under the new name and under the symbol "CTA" on the TSX Venture Exchange in 3-5 business days following receipt of TSXV approval [...]
Madalena Energy Inc. is pleased to announce its third quarter operations update. Madalena's CEO Jose Penafiel commented: "As stated when we announced the initial production results from our first of an ongoing multi-well drilling program during September, we are very happy with progress to date and initial results from the ongoing multi-well drilling program on the Coiron Amargo Sur Este block. While we have no material [...]
Madalena Energy Inc. is pleased to announce that Pan American Energy , Madalena's Partner, has successfully completed and tested the first horizontal multi-frac well CASE-101h in the Vaca Muerta Shale Formation at the Coiron Amargo Sur Este block in Argentina. CASE- 101h is the first of a five well program planned for this year. The CASE-101 was drilled with an approximate horizontal lateral length of 2,000 meters at a [...]
Madalena Energy Inc. is pleased to announce its financial and operating results for the three months ended June 30, 2019. Madalena's CEO Jose Penafiel commented: "We are pleased with progress on our CASE horizontal drilling program with our partner, Pan American Energy. We are also happy to announce that an additional well has been added to the 4 well drilling program for a total of 5 horizontal wells that will further [...]
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