Canacol Energy Ltd. regrets to announce that Mr. Alberto Sosa, non-executive director of Canacol since 2015, passed away on Thursday October 4, 2018. 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 [...]
Canacol Energy Ltd. is pleased to announce that it has closed the sale which include the majority of its remaining conventional oil assets in Colombia with Arrow Exploration Ltd. . Aggregate consideration of US$40 million consists of USD$15 million cash , USD$20 million common shares of Arrow being 22,598,870 Arrow shares, and a USD$5 million [...]
Canacol Energy Ltd. is pleased to report its financial and operating results for the three and six months ended June 30, 2018. Dollar amounts are expressed in United States dollars, except as otherwise noted. Charle Gamba, President and CEO of the Corporation, commented: “Q2 2018 was another successful quarter for Canacol as we increased the [...]
Canacol Energy Ltd. will announce its second quarter 2018 financial results after the market close on Tuesday, August 14, 2018. Senior Management will hold a conference call to discuss results on Wednesday, August 15 at 8:30am MST / 10:30am ET. The conference call may be accessed by dial in or via webcast: Pre-register for the Conference Call [...]
CALGARY, Alberta, July 25, 2018 -- Canacol Energy Ltd. is pleased to provide the mid-year conventional natural gas reserve adds for its recent discoveries at Pandereta-3, Chirmia-1 and Breva-1 located respectively on the VIM-5 and VIM‐21 blocks in the Lower Magdalena Valley basin of Colombia. The reserve estimates are based on an independent [...]
CALGARY, Alberta, July 25, 2018 -- Canacol Energy Ltd. is pleased to report on the conventional natural gas prospective resources for its Esperanza, VIM‐21, VIM‐5, VIM‐19, and SSJN7 exploration blocks located in the Lower Magdalena Valley basin of Colombia. Prospective resources are based on a new independent resources audit prepared by Gaffney [...]
CALGARY, Alberta, July 04, 2018 -- Canacol Energy Ltd. is pleased to announce that at the annual general and special meeting held in Calgary, Alberta on July 3, 2018 holders of common shares of Canacol: re-elected Charle Gamba, Michael Hibberd, David Winter, Gregory D. Elliot, Francisco Diaz Salazar, Alberto Jose Sosa Schlageter and Oswaldo [...]
CALGARY, Alberta, June 25, 2018 -- Canacol Energy Ltd. is pleased to provide the following exploration, gas and oil sales, and Corporate update. Breva 1 Gas Exploration Well VIM 21 Exploration and Production Contract CNE Oil and Gas S.A.S, 100% Operated Working Interest Breva 1 was spud on April 29, 2018 using the Pioneer 302 drilling rig, and [...]
CALGARY, Alberta, May 23, 2018 -- Canacol Energy Ltd. is pleased to provide the results of the Breva 1 exploration well located on its 100% operated VIM 21 block in the Lower Magdalena Valley Basin of Colombia. Breva 1 Gas Exploration Well VIM 21 Exploration and Production Contract CNE Oil and Gas S.A.S, 100% Operated Working Interest The Breva 1 [...]
CALGARY, Alberta, May 15, 2018 -- Canacol Energy Ltd. is pleased to report its financial and operating results for the three months ended March 31, 2018. Dollar amounts are expressed in United States dollars, except as otherwise noted. Charle Gamba, President and CEO of the Corporation, commented: “The first quarter of 2018 was an important [...]
CALGARY, Alberta, May 10, 2018 -- Canacol Energy Ltd. will announce its first quarter 2018 financial results after the market close on Tuesday, May 15, 2018. Senior Management will hold a conference call to discuss results on Wednesday, May 16 at 8:00am MST / 10:00am ET. The conference call may be accessed by dial in or via webcast: Pre-register [...]
CALGARY, Alberta, May 03, 2018 -- Further to its news release dated April 26, 2018, Canacol Energy Ltd. is pleased to announce that it has completed its previously announced offering of U.S. $320 million aggregate principal amount of 7.25% senior unsecured notes due 2025 . Canacol intends to use the net proceeds from the offering to repay all [...]
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