refers to its prior announcement regarding the Company's agreement for debtor-in-possession financing and related documentation . In that announcement, the Company disclosed entry into a commitment letter governing the DIP Financing with an ad hoc group of holders of the Company's 5.75% senior unsecured notes due 2028 and/or their affiliates [...]
Canacol Energy Ltd. announces that it has entered into an agreement with an ad hoc group of holders of the Company's 5.75% senior unsecured notes due 2028 for debtor-in-possession financing , comprised of a U.S.$45 million delayed-draw new-money term loan with capacity to obtain additional commitments to issue up to U.S.$22 million in letters of [...]
Canacol Energy announces that the Company and certain of its subsidiaries filed for relief under Chapter 15 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of New York. The petitions for relief seek recognition of the Company's Canadian proceeding commenced under the Companies' Creditors Arrangement Act, or CCAA, in [...]
Canacol Energy announces that the Company and its subsidiaries have obtained an initial order for creditor protection from the Court of King's Bench of Alberta pursuant to the Companies' Creditors Arrangement Act. The order provides for a stay of proceedings for 10 days staying action by creditors and appointed KPMG Inc. as Court-appointed Monitor [...]
The following issues have been halted by CIRO: Company: Canacol Energy Ltd. TSX Symbol: CNE All Issues: Yes Reason: Dissemination Halt Time : 8:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national [...]
Canacol Energy announces that the Company and its subsidiaries are seeking an order for creditor protection from the Court of King's Bench of Alberta pursuant to the Companies' Creditors Arrangement Act. The CCAA is a federal statute in Canada that allows qualifying insolvent companies to restructure their affairs under court supervision, with the [...]
Canacol Energy is pleased to report its financial and operating results for the three and nine months ended Sept 30, 2025. Highlights for the three and nine months ended September 30, 2025. The Corporation's natural gas and liquefied natural gas operating netback increased 2% and 3% to $5.34 and $5.30 per Mcf for the three and nine months ended [...]
Canacol Energy Ltd. announces that it has been notified of the decision issued in the domestic arbitration proceedings initiated by VP Ingenergía S.A.S. E.S.P. before the Arbitration and Conciliation Center of the Bogotá Chamber of Commerce. The arbitration addressed the termination of three natural gas supply contracts, which were terminated by [...]
BOGOTA, Colombia, Sept. 8, 2025 /PRNewswire/ -- Ecopetrol S.A. hereby informs the market that, in connection with certain news recently disseminated by national media outlets, the Company entered into a confidentiality agreement with Canadian gas producer Canacol Energy during the final days of August of the current year. The purpose of this [...]
Canacol Energy Ltd. is pleased to report its financial and operating results for the three and six months ended June 30, 2025. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices where indicated and otherwise noted. Highlights for the three and six months ended June 30, 2025. The Corporation's [...]
Canacol Energy Ltd. will announce its second quarter 2025 financial results on Thursday, August 7, 2025, after the market closure. Senior Management will hold a Conference Call to discuss results on Friday, August 8, 2025, at 8:00 a.m. MT / 10:00 a.m. ET. The conference call may be accessed by dial in or via webcast: Pre-register for the Conference [...]
Canacol Energy Ltd. provides the following update concerning its current drilling activities and results. Natilla-2 ST3 Exploration Well Natilla-2 ST3 reached a total depth of 15,616 feet true vertical depth near the base of the Porquero Formation , the planned intermediate casing point of the well situated just above the underlying Cienega de Oro [...]