Canacol Energy Ltd. is pleased to provide the following gas sales and operations update. Q1 Gas Sales Average 123 MMscfpd with Operating Netbacks of US$ 4.03 / Mcf Natural gas production for the first quarter of 2019 averaged 123 million standard cubic feet per day with an average realized sales price of US$ 4.97 / thousand standard cubic feet [...]
Canacol Energy Ltd. will announce its first quarter 2019 financial results after the market close on Wednesday, May 8, 2019. Senior Management will hold a conference call to discuss results on Thursday, May 9 at 8:00 am MST / 10:00 am ET. The conference call may be accessed by dial-in or via webcast: Register for the call Toll Free Canada Toll Free [...]
Canacol Energy Ltd. is pleased to provide the following production, drilling, and operations update. Average Gas Sales Reach 126 MMscfpd in January and February 2019 Average gas sales for the months of January and February 2019 were approximately 126 million standard cubic feet per day at average wellhead sales price of US$ 4.99 / Mcf net of [...]
Canacol Energy Ltd. is pleased to report its financial and operating results for the three months and year ended December 31, 2018. Dollar amounts are expressed in United States dollars, except as otherwise noted. Charle Gamba, President and CEO of the Corporation, commented: “Q4 2018 was another successful quarter for Canacol as we increased [...]
Canacol Energy Ltd. will announce its fourth quarter and fiscal year 2018 financial results after the market close on Thursday, March 21, 2019. Senior Management will hold a conference call to discuss results on Friday, March 22 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 report its conventional natural gas reserves for the fiscal year end December 31, 2018. The Corporation’s conventional natural gas reserves are located in the Lower Magdalena Valley basin, Colombia. Canacol Energy Ltd. Gross Reserves Summary Gross Reserves Total Total Proved Total Proved + Probable Proved [...]
Canacol Energy Ltd. is pleased to provide the results of the Nelson 13 well along with the Corporations drilling plans for 2019. Nelson 13 Development Well Esperanza Exploitation and Production Contract CNE Oil and Gas S.A.S, 100% Operated Working Interest The Nelson 13 well is the Corporations 7th well drilled into its Nelson gas field, which was [...]
Canacol Energy Ltd. is pleased to provide its capital and gas sales guidance for 2019. The Corporation announces that its 2019 capital budget is US$ 119 million, which will be fully funded from existing cash and 2019 cash flow. Forecast realized contractual gas sales for 2019, which include downtime, are anticipated to average approximately 179 [...]
Canacol Energy Ltd. is pleased to announce that it has made the necessary filings, and received the necessary approvals to conduct a normal course issuer bid through the facilities of the Toronto Stock Exchange or the following alternative markets, if eligible: CHI-X Canada, Alpha ATS, MATCH Now , Omega ATS and Pure Trading. The TSX has accepted [...]
Canacol Energy Ltd. is pleased to report its financial and operating results for the three and nine months ended September 30, 2018. Dollar amounts are expressed in United States dollars, except as otherwise noted. Charle Gamba, President and CEO of the Corporation, commented: “Q3 2018 was another successful quarter for Canacol as we [...]
Canacol Energy Ltd. is pleased to announce that the distribution to the shareholders of the Corporation of the 22,598,870 of Arrow Exploration Corp. Shares by way of a return of capital valued at US$20 million was effective on November 6, 2018. Mr. Charle Gamba, President and CEO of the Corporation, commented: “The Board of Directors of [...]
Canacol Energy Ltd. will announce its third quarter 2018 financial results after the market close on Tuesday, November 13, 2018. Senior Management will hold a conference call to discuss results on Wednesday, November 14 at 8:00am MST / 10:00am ET. The conference call may be accessed by dial in or via webcast: Pre-register for the Conference Call [...]