Canacol Energy Ltd. is pleased to report its financial and operating results for the three months and year ended December 31, 2021, as well as its conventional natural gas reserves for the year ended December 31, 2021. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices where indicated and [...]
Canacol Energy Ltd. announced that it has declared a dividend of CAD$.052 per share, payable on April 19, 2022, to shareholders of record at the close of business on March 31, 2022. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The declaration, timing, amount and payment of future dividends remain at the [...]
Canacol Energy Ltd. is pleased to provide the following information concerning its February 2022 natural gas sales, the Carambolo 1 well, near term drilling plans, and the Corporation's normal course issuer bid. Gas sales averaged 188 MMscfpd for February 2022 Realized contractual natural gas sales were approximately 188 million standard cubic feet [...]
Canacol Energy Ltd. will announce its fourth quarter and fiscal year 2021 financial results on Thursday, March 17, 2022, after the market closure. Senior Management will hold a Conference Call to discuss results on Friday, March 18, 2022 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 [...]
Canacol Energy Ltd. is pleased to provide the following information concerning its January 2022 natural gas sales, the Toronja 2 development well, near term drilling plans, and the Corporation's normal course issuer bid. Gas sales averaged 170 MMscfpd for January 2022 Realized contractual natural gas sales were approximately 170 million standard [...]
Canacol Energy Ltd. announced today that it purchased 5,307,700 Common Shares for CAD$3.15 per share under its normal course issuer bid , relying on the block purchase exemption under the NCIB rules. The purchase was made from an arm's length third party via the TSX Exchange. Canacol's management is of the view that Canacol's shares are trading at [...]
Canacol Energy Ltd. is pleased to provide the following information concerning its December 2021 natural gas sales, the Clarinete 6 development well, near term drilling plans for 2022, and the Corporations normal course issuer bid. Gas sales averaged 183 MMscfpd for December 2021 Realized contractual natural gas sales were 183 million standard [...]
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 10,513,661 common shares, representing approximately 10% of the public float of [...]
Canacol Energy Ltd. is pleased to provide its capital and gas sales guidance for 2022. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices where indicated and otherwise noted. The Corporation announces that its 2022 capital budget is between $172 million and $209 million which will be fully [...]
Canacol Energy Ltd. announced that it has declared a dividend of CAD$.052 per share, payable on January 17, 2022, to shareholders of record at the close of business on December 30, 2021. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The declaration, timing, amount and payment of future dividends remain at the [...]
Canacol Energy Ltd. is pleased to provide the following information concerning its November 2021 natural gas sales, the Siku 1 exploration well, and drilling plans for the remainder of 2021. Gas sales averaged 182 MMscfpd for November 2021 Realized contractual natural gas sales were 182 million standard cubic feet per day for November 2021. Siku 1 [...]
Further to its news release dated November 16, 2021, Canacol Energy Ltd. is pleased to announce that it has completed its previously announced offering of U.S. $500 million aggregate principal amount of 5.75% senior unsecured notes due 2028 . Canacol intends to use the proceeds of the Offering to refinance its outstanding 7.250% Senior Notes due [...]