Azabache Energy announced today that it has reached an agreement with its major debt holders and creditors to convert all outstanding debts held by such debt holders into common shares of Azabache. This conversion will include the previously announced conversion of debt due to Rio Bravo Enterprises Inc. The Company currently has total debt and [...]
BULLETIN TYPE: Cease Trade Order BULLETIN DATE: November 2, 2015 TSX Venture Company A Cease Trade Order has been issued by the Alberta Securities Commission on November 2, 2015 against the following company for failing to file the documents indicated within the required time period: Symbol Tier Company Failure to File Period Ending [...]
Azabache Energy announces that has given notice to Rio Bravo Commercial Enterprises Inc. that it will convert the outstanding debt and accrued interest into common shares of the Company. In January 2015, the Company announced it was looking for a strategic or financial partner to assist in developing the Vaca Muerta properties. Since then, the [...]
Azabache Energy today announces its operating and financial results for the nine months ended March 31, 2015. Copies of the Company's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis are being filed with Canadian securities regulatory authorities and will be made available under the [...]
Azabache Energy announces that it has sold 100 % of its Panamanian subsidiary Azabache Energía Corp. to Evolvere Capital, an independent private equity firm. The result of the sale will cause the Company to take an impairment charge related to certain exploration assets of approximately C$3.5 M in the final quarter of the current fiscal [...]
Azabache Energy today announces its operating and financial results for the six months ended December 31, 2014. Copies of the Company's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis are being filed with Canadian securities regulatory authorities and will be made available under the [...]
Azabache Energy is pleased to announce that, subject to final TSX Venture Exchange Inc. approval, it has closed its previously announced senior unsecured interest-bearing debt financings in the principal amount of up to an aggregate of $2,365,000 with various arm's length and non-arm's length parties to the Corporation. The Debt Financings were [...]
Azabache Energy announced today that it has retained the services of Fenix Partners to assist the Company in evaluating and analyzing financing options to develop the Company's 124,000 acres of Vaca Muerta shale properties. The various alternatives may involve a farm out, sale or merger of the company, or some other transaction that will advance [...]
Azabache Energy announces that it has entered into agreements with various arm's length and non-arm's length parties to the Corporation to complete a senior unsecured interest-bearing debt financing in the principal amount of up to an aggregate of $2,311,250. The Loan will be issued to the Lenders at a discount of 6.98%, resulting in net proceeds [...]
Azabache Energy has concluded an agreement with the Province of Neuquén to extend each of its petroleum and natural gas leases for the Company's Vaca Muerta properties. On December 19, 2014 the Governor of Neuquén signed Executive Order No. 2987/14 and No. 2988/14 pursuant to which a third exploratory period of the El Corte Block and the [...]
Azabache today announces its operating and financial results for the three months ended September 30, 2014. Copies of the Company's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis are being filed with Canadian securities regulatory authorities and will be made available under the [...]
Azabache announces the appointment of Mr. Bill Hogenson as a senior G&G advisor to the president. Mr. Hogenson has over 31 years' experience in the oil and gas industry. He was recently VP Geosciences at Zone Energy, an independent oil and gas company focused on the acquisition, exploitation, and development of oil and gas properties in the US [...]
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