Canacol Energy Ltd. announced that it has declared a dividend of CAD$.052 per share, payable on April 15, 2020, to shareholders of record at the close of business on March 31, 2020. The ex-dividend date for all shareholders is March 30, 2020. 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, 2019. Dollar amounts are expressed in United States dollars , except as otherwise noted. Charle Gamba, President and CEO of the Corporation, commented: “In 2019 the Corporation achieved several important goals with [...]
Canacol Energy Ltd. will announce its fourth quarter and fiscal year 2019 financial results today, Wednesday, March 18, after the market closure, one day earlier as previously announced. Senior Management Conference Call remains scheduled for Friday, March 20 at 8:00am MDT / 10:00am ET. The conference call may be accessed by dial in or via webcast [...]
Canacol Energy Ltd. will announce its fourth quarter and fiscal year 2019 financial results after the market close on Thursday, March 19, 2020. Senior Management will hold a conference call to discuss results on Friday, March 20 at 8:00am MST / 10:00am 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 update concerning realized contractual gas sales, the Nelson 14 drilling results, and the near term drilling program. Realized contractual natural gas sales for the period January 1, 2020 to February 21, 2020 averaged approximately 211 million standard cubic feet per day , a 17% increase [...]
Canacol Energy Ltd. is pleased to report its conventional natural gas reserves for the fiscal year end December 31, 2019. The Corporation’s conventional natural gas reserves are located in the Lower Magdalena Valley basin, Colombia. Canacol Energy Ltd. Gross Reserves Summary Gross Reserves Proved Developed Total Total Proved Total Proved [...]
Canacol Energy Ltd. is pleased to provide the following gas sales and operations update. Gas Sales Realized contractual natural gas sales for the fourth quarter of 2019 averaged approximately 180 million standard cubic feet per day , a 23% increase compared to the 146 MMscfpd in gas sales for the third quarter of 2019. Sales from December 1, 2019 [...]
Canacol Energy Ltd. is pleased to provide its capital and gas sales guidance for 2020. The Corporation announces that its 2020 capital budget is US$ 114 million which will be fully funded from existing cash and 2020 cash flow. Forecast realized contractual gas sales for 2020, which include downtime, are anticipated to average approximately 205 [...]
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 14,276,439 common shares, representing approximately 10% of the public float of [...]
Canacol Energy Ltd. is pleased to announce it has successfully secured a 100% operated working interest in three new conventional gas exploration contracts in the recent bid round administered by Colombia’s hydrocarbon regulatory authority, the Agencia Nacional de Hidrocarburos. Mr. Mark Teare, Senior Vice President, Exploration of the [...]
Canacol Energy Ltd. announced that it has declared a dividend of CAD$.052 per share, payable on December 30, 2019, to shareholders of record at the close of business on December 16, 2019. The ex-dividend date for all shareholders is December 13, 2019. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The [...]
Canacol Energy Ltd. is pleased to announce that it has commenced the production and sale of liquified natural gas , the first such operation in Colombia. The Corporation is also in negotiation with Galileo Technologies to form a joint venture which will install terminals at other locations in Colombia and supply end user solutions with the [...]
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