CALGARY, Alberta, April 26, 2018 -- Canacol Energy Ltd. is pleased to announce the pricing and terms of its offering of senior unsecured notes in the aggregate principal amount of U.S.$ 320 million . The Notes will pay interest semi-annually at a rate of 7.25% per annum, and will mature in 2025, unless earlier redeemed or repurchased in accordance [...]
CALGARY, Alberta, April 19, 2018 -- Canacol Energy Ltd. is pleased to announce that it intends, subject to market and other conditions, to offer senior unsecured notes in a private placement to qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended , to non-U.S. persons in transactions [...]
CALGARY, Alberta, April 11, 2018 -- Canacol Energy Ltd. is pleased to provide the results of the Chirimia 1 appraisal well located on its 100% operated VIM 5 block in the Lower Magdalena Valley Basin of Colombia, as well as a general drilling and facilities update. Chirimia 1 Gas Appraisal Well VIM 5 Exploration and Production Contract CNE Oil and [...]
CALGARY, Alberta, March 26, 2018 -- Canacol Energy Ltd. is pleased to report its financial and operating results for the three months and year ended December 31, 2017. Dollar amounts are expressed in United States dollars, except as otherwise noted. Charle Gamba, President and CEO of the Corporation, commented: “In 2017, the Corporation [...]
CALGARY, Alberta, March 23, 2018 -- Canacol Energy Ltd. will announce its fourth quarter and Fiscal Year 2017 financial results after the market close on Monday, March 26, 2018. Senior Management will hold a conference call to discuss results on Tuesday, March 27 at 9:00 am MST / 11:00 AM ET The conference call may be accessed by dial in or via [...]
CALGARY, Alberta, March 07, 2018 -- Further to its news release dated December 19, 2017, Canacol Energy Ltd. is pleased to announce that it has closed on the sale of its 25% interest in Servicios Libertador S.L., the holding company of Pardaliservices S.A., which is the joint venture company that operates the 15-year incremental production contract [...]
CALGARY, Alberta, March 05, 2018 -- Canacol Energy Ltd. is pleased to report its conventional natural gas reserves and light, medium and heavy crude oil and deemed volumes for the fiscal year end December 31, 2017. The Corporation’s conventional natural gas reserves are located in the Lower Magdalena Valley basin, Colombia. Canacol’s [...]
CALGARY, Alberta, Feb. 22, 2018 -- Canacol Energy Ltd. is pleased to provide the results of the Pandereta 3 appraisal well located on its 100% operated VIM 5 block in the Lower Magdalena Valley Basin of Colombia. The Pandereta 3 well flowed at an absolute open flow rate of 168 million standard cubic feet per day from the upper part of the Cienaga [...]
CALGARY, Alberta, Jan. 15, 2018 -- Canacol Energy Ltd. is pleased to provide the results of the Pandereta 2 appraisal well located on its 100% operated VIM 5 block in the Lower Magdalena Valley Basin of Colombia. Pandereta 2 encountered 130 feet true vertical depth of net gas pay within the Cienaga de Oro reservoir, twice the amount encountered [...]
CALGARY, Alberta, Dec. 21, 2017 -- Canacol Energy Ltd. is pleased to provide its capital and production guidance for 2018. The Corporation announces that its 2018 capital budget is US$ 80 million, which will be fully funded from existing cash and 2018 cash flow. Forecast realized contractual gas sales which include downtime are anticipated to [...]
CALGARY, Alberta, Dec. 19, 2017 -- Canacol Energy Ltd. is pleased to announce that it has entered into a binding agreement with TecpetrolLibertador B.V. and Sertecpet E&P S.L. in respect of the sale of its 25% interest in Servicios Libertador S.L., the holding company of Pardaliservices S.A., which is the joint venture company that operates the [...]
CALGARY, Alberta, Dec. 04, 2017 -- Canacol Energy Ltd. is pleased to announce that the Canadonga-1 exploration well has encountered 32 feet true vertical depth of net gas pay within the Cienaga de Oro primary reservoir target on its 100% working interest Esperanza block. Canadonga-1 is the Corporation’s tenth consecutive natural gas [...]
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