Canacol Energy Ltd. is pleased to provide the following information concerning its March 2021 natural gas sales and drilling program. Gas sales averaged 173 MMscfpd for March 2021 Realized contractual natural gas sales were 173 million standard cubic feet per day for March 2021. Average realized contractual natural gas sales for the first quarter [...]
Canacol Energy Ltd. announced that it has declared a dividend of CAD$.052 per share, payable on April 15, 2021, to shareholders of record at the close of business on March 31, 2020. The ex-dividend date for all shareholders is March 30, 2021. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The declaration [...]
Canacol Energy Ltd. is pleased to report its financial and operating results for the three months and year ended December 31, 2020. Dollar amounts are expressed in United States dollars , except as otherwise noted. Charle Gamba, President and CEO of the Corporation, commented: "Canacol's success continued into 2020 despite the COVID-19 global [...]
Canacol Energy Ltd. will announce its fourth quarter and fiscal year 2020 financial results on Thursday, March 18, 2021, after the market closure. Senior Management will hold a Conference Call to discuss results on Friday, March 19, 2021 at 8:00 a.m. MST / 10:00 a.m. ET. The conference call may be accessed by dial in or via webcast: Pre-register [...]
Canacol Energy Ltd. is pleased to report its conventional natural gas reserves for the fiscal year end December 31, 2020. The Corporation's conventional natural gas reserves are located in the Lower Magdalena Valley basin, Colombia. Canacol Energy Ltd. Gross Natural Gas Reserves Summary Gross Reserves Proved Developed Total Total Proved Total [...]
Canacol Energy Ltd. is pleased to provide the following information concerning its February 2021 natural gas sales and drilling program. Gas Sales Averaged 187 MMscfpd for February 2021 Realized contractual natural gas sales were 187 million standard cubic feet per day for February 2021, a 6% increase from average gas sales of 177 MMscfpd for the [...]
Canacol Energy Ltd. is pleased to announce that Mr. Juan Argento has been appointed to the Board of Directors. Mr. Argento brings deep experience in energy, finance and capital markets to the Board of Directors of Canacol. He is currently one of two Managing Partners at Horizon Capital . Horizon was founded in 2004 as an advisory and principal [...]
Jason Bednar, CEO, Canacol Energy Ltd. , shares his company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To [...]
Canacol Energy Ltd. is pleased to provide the following information concerning its January 2021 natural gas sales, drilling program, and credit rating. Gas sales averaged 177 MMscfpd for January 2021 Realized contractual natural gas sales were 177 million standard cubic feet per day for January 2021. Drilling Flauta 1 and Oboe 2 The Corporation [...]
Canacol Energy Ltd. is pleased to provide the following information concerning its November and December 2020 natural gas sales and a drilling update. Gas sales averaged 161 MMscfpd for November, 175 MMscfpd for December 2020 Realized contractual natural gas sales were 161 million standard cubic feet per day for November and 175 MMscfpd for [...]
Canacol Energy Ltd. is pleased to announce that the Toronto Stock Exchange has accepted the Corporation’s notice to conduct a normal course issuer bid in accordance with the rules of the TSX. As approved by the TSX, the Corporation is authorized to purchase up to 11,341,964 common shares, representing approximately 10% of the public float of [...]
Canacol Energy Ltd. is pleased to provide its capital and gas sales guidance for 2021. The Corporation announces that its 2021 capital budget is US$ 140 million which will be fully funded from existing cash and 2021 cash flows. Forecast realized contractual gas sales for 2021, which include downtime, are anticipated to be in the range of 153 to 190 [...]