Canacol Energy Ltd (CNE.TO) 8.06 $CNE.TO
Canacol Energy Ltd. Announces Director Resignation
Marketwire - Wed Mar 26, 6:02AM CDT
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) announces that Mr. Gary Petersen has resigned from its Board of Directors effective March 25, 2014. Mr. Petersen joined the Corporation's Board of Directors in December 2012 in connection with Canacol's acquisition of Shona Energy Company, Inc., and also served as a member of Canacol's Corporate Governance and Compensation Committee. The Corporation has no plans to fill the vacancy at the present time.
Canacol Energy Ltd. to Upsize Senior Secured Term Loan to US$220 Million
Marketwire - Mon Mar 17, 5:31AM CDT
Canacol Energy Ltd. ("Canacol" or the "Corporation" (TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce that it has entered into discussions to upsize its existing senior secured term loan with a syndicate of banks led by Credit Suisse as Lead Arranger, Sole Bookrunner and Administrative Agent.
Canacol Energy Ltd. Tests 590 BOPD From Fractured La Luna Formation Discovery at Mono Arana, Colombia
Marketwire - Thu Mar 06, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation" (TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to provide an update of the testing operations from the La Luna Formation in the Mono Arana 1 exploration well pursuant to the VMM2 Exploration and Production ("E&P" Contract covering the Middle Magdalena Basin of Colombia. Canacol has a 20% non-operated working interest in this Contract, with ExxonMobil Exploration Colombia having a 70.1% working interest and Vetra Exploracion y Produccion Colombia having the remaining 9.9%.
Canacol Energy Ltd. Announces 6,140 BOEPD in New Gas Sales Contracts and 44% Increase in 2P Gas Reserves in Colombia
Marketwire - Thu Feb 20, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation" (TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce the execution of two new gas sales contracts and a related 44% increase in 2P gas reserves at its 100% operated Nelson gas field located on the Esperanza Exploration and Production ("E&P" Contract in the Lower Magdalena Basin of Colombia. The increase in reserves is attributable to increased expected gas sales nominations with the execution of the new gas sales contracts. Under the terms of the two new sales contracts, Canacol will provide 35 million standard cubic feet per day ("mmscfpd" (6,140 barrels of oil equivalent per day) for a 5 year period commencing in December 2015 at a price of US$ 5.40 / million British thermal units ("mmbtu". Canacol currently sells approximately 18 mmscfpd (3,158 barrels of oil equivalent per day) to a local ferronickel producer under a 10 year contract that expires in 2021. The Nelson field contains sufficient reserves to satisfy both the existing and the new sales contracts for the life of the contracts. The Corporation also announces that it plans to commence a 3 well gas exploration program on the Esperanza E&P contract in June 2014, each of the wells targeting large gas prospects situated close to the Nelson field and existing pipeline and processing infrastructure.
Canacol Energy Ltd. Tests 3,007 BOPD From Barco in Leono 2 Well
Marketwire - Wed Feb 19, 8:12AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation" (TSX: CNE) (OTCQX: CNNEF) (BVC: CNEC) is pleased to announce the second flow test result from the Leono 2 appraisal well located on the LLA23 Exploration and Production ("E&P" Contract in the Llanos Basin of Colombia. The Corporation has an 80% operated working interest in the LLA23 contract, with Petromont Colombia S.A. Sucursal Colombia holding the remaining 20% interest. As previously reported, the Leono 2 well encountered 121 feet ("ft" of net oil pay in four separate reservoirs, and tested at a gross rate of 1,328 barrels of oil per day ("bopd" (1,062 bopd net) in the C7 reservoir.
Wytec Submits Proposal to Homeland Security
Marketwire - Thu Feb 13, 1:10PM CST
Wytec International, Inc., a wholly owned subsidiary of Competitive Companies, Inc. (OTCBB: CCOP) (OTCQB: CCOP), today announced it has submitted a proposal to the Department of Homeland Security (DHS) under the Small Business Innovation Research (SBIR) Program.
Northland Resources S.A.: New Date for Publication of Financial Results for 2013
Marketwire - Thu Feb 13, 1:01PM CST
Northland Resources S.A. (OSLO: NAUR)(FRANKFURT: NPK)(OMX: NAURo) (together with its subsidiaries "Northland", "NRSA" or the "Company" announces that the financial results for 2013 will be published no later than February 28, 2014.
Canacol Energy Ltd. Reports 89% Increase in Production Year Over Year During Fiscal Q2 2014
Marketwire - Wed Feb 12, 3:31PM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation" (TSX: CNE)(BVC: CNEC)(OTCQX: CNNEF) is pleased to report its financial results for the three and six months ended December 31, 2013. Fiscal Q2 2014 was a successful quarter for the Corporation as it increased production, revenues, adjusted funds from operations, and netbacks over the comparative prior year period.
Canacol Energy Ltd. Tests 1,327 BOPD Light Oil From Leono 2 Appraisal Well in Colombia
Marketwire - Wed Feb 12, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation" (TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce the first flow test result from the Leono 2 appraisal well located on the LLA23 Exploration and Production ("E&P" Contract in the Llanos Basin of Colombia. As previously reported, the Leono 1 discovery well encountered 133 feet ("ft" of net oil pay in four separate reservoirs, and tested at a gross rate of 1,863 barrels of oil per day ("bopd" (1,490 bopd net) in the Barco reservoir and at a gross rate of 1,869 bopd (1,495 bopd net) from the Gacheta reservoir. The Corporation has an 80% operated working interest in the LLA23 contract, with Petromont Colombia S.A. Sucursal Colombia holding the remaining 20% interest. The Leono 2 appraisal well encountered 121 ft of net oil pay, with the C7 reservoir testing 1,328 bopd gross (1,062 bopd net) of light oil.
Canacol Energy Begins Trading on OTCQX®
PR Newswire - Mon Feb 10, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Canacol Energy Ltd. (OTCQX: CNNEF; TSX: CNE; BVC: CNEC), an international oil and gas exploration company, has been approved to trade on OTCQX®, the best marketplace with qualified companies.
Canacol Energy Ltd. Commences Trading in the U.S. Market on the OTCQX International Premier
Marketwire - Mon Feb 10, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation" (TSX: CNE)(BVC: CNEC)(OTCQX: CNNEF) is pleased to announce that its common shares have been approved for trading in the United States on the OTCQX International Premier. This segment of the OTCQX marketplace is reserved for the highest quality international companies seeking liquidity in the U.S. capital markets.
Canacol Energy Ltd. Announces Director Resignation
Marketwire - Wed Mar 26, 6:02AM CDT
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) announces that Mr. Gary Petersen has resigned from its Board of Directors effective March 25, 2014. Mr. Petersen joined the Corporation's Board of Directors in December 2012 in connection with Canacol's acquisition of Shona Energy Company, Inc., and also served as a member of Canacol's Corporate Governance and Compensation Committee. The Corporation has no plans to fill the vacancy at the present time. Canacol Energy Ltd. to Upsize Senior Secured Term Loan to US$220 Million
Marketwire - Mon Mar 17, 5:31AM CDT
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce that it has entered into discussions to upsize its existing senior secured term loan with a syndicate of banks led by Credit Suisse as Lead Arranger, Sole Bookrunner and Administrative Agent. Canacol Energy Ltd. Tests 590 BOPD From Fractured La Luna Formation Discovery at Mono Arana, Colombia
Marketwire - Thu Mar 06, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to provide an update of the testing operations from the La Luna Formation in the Mono Arana 1 exploration well pursuant to the VMM2 Exploration and Production ("E&P" Contract covering the Middle Magdalena Basin of Colombia. Canacol has a 20% non-operated working interest in this Contract, with ExxonMobil Exploration Colombia having a 70.1% working interest and Vetra Exploracion y Produccion Colombia having the remaining 9.9%. Canacol Energy Ltd. Announces 6,140 BOEPD in New Gas Sales Contracts and 44% Increase in 2P Gas Reserves in Colombia
Marketwire - Thu Feb 20, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce the execution of two new gas sales contracts and a related 44% increase in 2P gas reserves at its 100% operated Nelson gas field located on the Esperanza Exploration and Production ("E&P" Contract in the Lower Magdalena Basin of Colombia. The increase in reserves is attributable to increased expected gas sales nominations with the execution of the new gas sales contracts. Under the terms of the two new sales contracts, Canacol will provide 35 million standard cubic feet per day ("mmscfpd" (6,140 barrels of oil equivalent per day) for a 5 year period commencing in December 2015 at a price of US$ 5.40 / million British thermal units ("mmbtu". Canacol currently sells approximately 18 mmscfpd (3,158 barrels of oil equivalent per day) to a local ferronickel producer under a 10 year contract that expires in 2021. The Nelson field contains sufficient reserves to satisfy both the existing and the new sales contracts for the life of the contracts. The Corporation also announces that it plans to commence a 3 well gas exploration program on the Esperanza E&P contract in June 2014, each of the wells targeting large gas prospects situated close to the Nelson field and existing pipeline and processing infrastructure. Canacol Energy Ltd. Tests 3,007 BOPD From Barco in Leono 2 Well
Marketwire - Wed Feb 19, 8:12AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE) (OTCQX: CNNEF) (BVC: CNEC) is pleased to announce the second flow test result from the Leono 2 appraisal well located on the LLA23 Exploration and Production ("E&P" Contract in the Llanos Basin of Colombia. The Corporation has an 80% operated working interest in the LLA23 contract, with Petromont Colombia S.A. Sucursal Colombia holding the remaining 20% interest. As previously reported, the Leono 2 well encountered 121 feet ("ft" of net oil pay in four separate reservoirs, and tested at a gross rate of 1,328 barrels of oil per day ("bopd" (1,062 bopd net) in the C7 reservoir. Wytec Submits Proposal to Homeland Security
Marketwire - Thu Feb 13, 1:10PM CST
Wytec International, Inc., a wholly owned subsidiary of Competitive Companies, Inc. (OTCBB: CCOP) (OTCQB: CCOP), today announced it has submitted a proposal to the Department of Homeland Security (DHS) under the Small Business Innovation Research (SBIR) Program.
Northland Resources S.A.: New Date for Publication of Financial Results for 2013
Marketwire - Thu Feb 13, 1:01PM CST
Northland Resources S.A. (OSLO: NAUR)(FRANKFURT: NPK)(OMX: NAURo) (together with its subsidiaries "Northland", "NRSA" or the "Company"
announces that the financial results for 2013 will be published no later than February 28, 2014. Canacol Energy Ltd. Reports 89% Increase in Production Year Over Year During Fiscal Q2 2014
Marketwire - Wed Feb 12, 3:31PM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(BVC: CNEC)(OTCQX: CNNEF) is pleased to report its financial results for the three and six months ended December 31, 2013. Fiscal Q2 2014 was a successful quarter for the Corporation as it increased production, revenues, adjusted funds from operations, and netbacks over the comparative prior year period. Canacol Energy Ltd. Tests 1,327 BOPD Light Oil From Leono 2 Appraisal Well in Colombia
Marketwire - Wed Feb 12, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce the first flow test result from the Leono 2 appraisal well located on the LLA23 Exploration and Production ("E&P" Contract in the Llanos Basin of Colombia. As previously reported, the Leono 1 discovery well encountered 133 feet ("ft" of net oil pay in four separate reservoirs, and tested at a gross rate of 1,863 barrels of oil per day ("bopd" (1,490 bopd net) in the Barco reservoir and at a gross rate of 1,869 bopd (1,495 bopd net) from the Gacheta reservoir. The Corporation has an 80% operated working interest in the LLA23 contract, with Petromont Colombia S.A. Sucursal Colombia holding the remaining 20% interest. The Leono 2 appraisal well encountered 121 ft of net oil pay, with the C7 reservoir testing 1,328 bopd gross (1,062 bopd net) of light oil. Canacol Energy Begins Trading on OTCQX®
PR Newswire - Mon Feb 10, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Canacol Energy Ltd. (OTCQX: CNNEF; TSX: CNE; BVC: CNEC), an international oil and gas exploration company, has been approved to trade on OTCQX®, the best marketplace with qualified companies.
Canacol Energy Ltd. Commences Trading in the U.S. Market on the OTCQX International Premier
Marketwire - Mon Feb 10, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(BVC: CNEC)(OTCQX: CNNEF) is pleased to announce that its common shares have been approved for trading in the United States on the OTCQX International Premier. This segment of the OTCQX marketplace is reserved for the highest quality international companies seeking liquidity in the U.S. capital markets. 
