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 [...]
Canacol Energy Ltd. announced that it has declared a dividend of CAD$.052 per share, payable on January 15, 2021, to shareholders of record at the close of business on December 31, 2020. The ex-dividend date for all shareholders is December 30, 2020. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The [...]
Canacol Energy Ltd. is pleased to announce that the Corporation and Promigas S.A. E.S.P. have executed a series of new ship or pay agreements to transport gas from Canacol's fields located in the departments of Cordoba and Sucre to Cartagena and Barranquilla using existing gas transportation networks. The new agreements enter into effect on [...]
Canacol Energy Ltd. is pleased to report its financial and operating results for the three and nine months ended September 30, 2020. Dollar amounts are expressed in United States dollars, except as otherwise noted. Highlights for the three and nine months ended September 30, 2020 Financial and operational highlights of the Corporation include [...]
Canacol Energy Ltd. regrets to announce that Mr. Oswaldo Cisneros, non‐executive director of Canacol since 2015, has passed away. Mr. Charle Gamba, President, CEO and Executive Board Member for Canacol, stated, “The Board of Directors, the executive management team, and the employees of Canacol express their sincere condolences to Mr. Cisneros [...]
Canacol Energy Ltd. is pleased to provide the following information concerning its October 2020 gas sales and share buyback program. Gas Sales Average 173 MMscfpd for the Month of October Realized contractual natural gas sales for the month of October averaged approximately 173 million standard cubic feet per day , up from approximately 168 MMscfpd [...]
Canacol Energy Ltd. will announce its third quarter 2020 financial results on Thursday, November 12, 2020, after the market closure. Senior Management will hold a Conference Call to discuss results on Friday, November 13, 2020 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 for the [...]
Canacol Energy Ltd. is pleased to provide the following gas sales and drilling update. Gas Sales Realized contractual natural gas sales for the month of September averaged approximately 168 million standard cubic feet per day , up from approximately 162 MMscfpd during the months of July and August. Normal Course Issuer Bid On September 10, 2020 [...]
Canacol Energy Ltd. is pleased to announce the details of its quarterly dividend as well as to provide a brief corporate update. Quarterly Dividend The Corporation has declared a dividend of CAD$.052 per share, payable on October 15, 2020, to shareholders of record at the close of business on September 30, 2020. The ex-dividend date for all [...]
Canacol Energy Ltd. is pleased to provide the following gas sales and drilling update. Gas Sales Realized contractual natural gas sales for the months of July and August 2020 averaged approximately 162 million standard cubic feet per day . In addition to the realized contractual gas sales the Corporation saw an additional 8 MMscfpd of gas sales [...]
Canacol Energy Ltd. is pleased to report its financial and operating results for the three and six months ended June 30, 2020. Dollar amounts are expressed in United States dollars, except as otherwise noted. Highlights for the three and six months ended June 30, 2020 Financial and operational highlights of the Corporation include: Realized [...]