Ivanhoe Energy announced today that Senior Vice President, Finance and Chief Financial Officer, Greg Phaneuf, is leaving Ivanhoe Energy to accept a role with another company. Mr. Phaneuf's resignation is effective October 10, 2014 and he will continue in the role until that date to assist the Company with the transition to a new CFO. We [...]
Ivanhoe Energy announced today that the Company received notification from the NASDAQ Stock Market that it regained compliance with the minimum bid price rule for a NASDAQ listed issuer. The bid price of the Company's common stock closed at US$1.00 per share or greater for the required 10 consecutive business days from August 18 to August 29 [...]
Ivanhoe Energy said today that the company is not aware of any specific factors, other than information previously disclosed in its public filings, news releases or statements, which would result in the levels of trading activity and change in the share price recorded today. In its most recent announcement August 27, Ivanhoe Energy confirmed its [...]
Ivanhoe Energy today provided clarification regarding certain statements contained in a news article published by El Comercio in Ecuador earlier this week, and subsequently by the Wall Street Journal, regarding Ivanhoe's Specific Services Contract on Block 20, which contains the Pungarayacu oil field. As the company has previously stated, Ivanhoe [...]
Ivanhoe Energy announced today that it will proceed with the share consolidation as proposed in the Management Proxy Circular and approved at the Company's special meeting of shareholders on Wednesday August 13, 2014. Shareholders holding 51% of the Company's outstanding common shares attended the meeting in person or by proxy and 82% of the votes [...]
Ivanhoe Energy today reported its financial results for the second quarter of 2014. Ivanhoe Energy filed its quarterly financial report on Form 10-Q with the U.S. Securities and Exchange Commission and its interim financial statements with the Canadian Securities Administrators for the quarter ended June 30, 2014.
Ivanhoe Energy today reported the resignation of Mr. Alexander Molyneux from the Company's Board of Directors, effective August 2, 2014, in order to devote time to manage his other commitments. Mr. Molyneux has served on the Company's Board of Directors since May 2010. The Board of Directors and the Management of the Company thank Alex for his [...]
Ivanhoe Energy has scheduled a special meeting of shareholders to be held on August 13, 2014. The purpose of the special meeting is to give shareholders the opportunity to approve a proposal to effect a share consolidation or reverse-split as a means of regaining compliance with NASDAQ's minimum bid price requirements prior to September 2, 2014 [...]
Ivanhoe Energy today provided brief commentary on its business affairs and a response to the recent trading activity in its share price. The company is not aware of any specific factors, other than what has been previously disclosed in its public filings or news releases, which would result in the recent decrease in the share price. In terms of [...]
Ivanhoe Energy today announced the appointment of Greg Phaneuf to Senior Vice President, Finance and Chief Financial Officer, effective June 1, 2014. "Greg brings important expertise to the office of the CFO for Ivanhoe Energy," said Carlos A. Cabrera, Executive Chairman. "His financial experience and knowledge of our company will be invaluable as [...]
Ivanhoe Energy today announced that Senior Vice President, Finance and Chief Financial Officer (CFO), Gerald Schiefelbein, is leaving Ivanhoe Energy to accept a leadership role with another company. Mr. Schiefelbein's resignation is effective May 31, 2014 and he will continue in the role until that date to assist the Company with the transition to [...]
Ivanhoe today reported its financial results for the first quarter of 2014. Ivanhoe Energy filed its quarterly financial report on Form 10-Q with the U.S. Securities and Exchange Commission and its interim financial statements with the Canadian Securities Administrators for the quarter ended March 31, 2014. The Company posted a net loss from [...]