CXLIF Stock News 0.3610 05/07/2014 11:38:06 Contact Expl Inc

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Contact Expl Inc (CXLIF) 0.3610 $CXLIF

Contact Exploration's Kakwa Development Continues with Successful Test Results in Upper Montney Zone
Marketwire - Mon Apr 07, 7:05AM CDT
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE: CEX) is pleased to announce that the seventh Contact-operated horizontal Montney well at 02/14- 30 -63-5 W6 (the "02/14-30 Well" (Contact 25% working interest) drilled in the Upper Montney D4 interval has been successfully completed and tested. The well was drilled to a total measured depth of 4,563 metres, with a horizontal leg of 1,068 metres, approximately 200-500 metres shorter than Contact's other Kakwa wells and the shortest of the Company's Kakwa horizontal wells drilled to date. The well was completed using a water-based nitrogen foam frac and then tested for approximately 119 hours, flowing up 4.5 inch casing. During the final 24 hours of flow-back the well continued to clean up frac fluid and produced against anticipated gathering system pressure of approximately 1,800 kPa and averaged gross production rates of 1,076 boe/d consisting of 621 bbl/d condensate and 2,734 mscf/d natural gas (155 bbl/d and 684 mscf/d, or 269 boe/d combined, net to Contact).

Contact Announces Interim Filing, Credit Facilities Increase and Operations Update
Marketwire - Fri Feb 28, 7:31AM CST
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE: CEX) is pleased to announce that it has today filed its condensed interim consolidated financial statements for the three and nine month periods ended December 31, 2013 and the related management's discussion and analysis ("MD&A" on the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR" website at www.sedar.com.

Contact Exploration Provides Operations Update
Marketwire - Mon Jan 20, 7:31AM CST
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE: CEX) is pleased to provide an operations update on its activities in the Kakwa area of Alberta.

Contact Announces Interim Filings and Land Acquisitions
Marketwire - Wed Nov 27, 7:53PM CST
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE: CEX) is pleased to announce that it has today filed its condensed interim consolidated financial statements for the three and six month periods ended September 30, 2013 and the related management's discussion and analysis on the Company's profile on the System for Electronic Document Analysis and Retrieval website at www.sedar.com.

Contact Announces Interim Filings
Marketwire - Tue Aug 27, 7:31AM CDT
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE: CEX) is pleased to announce that it has today filed its condensed interim consolidated financial statements for the three months ended June 30, 2013 and the related management's discussion and analysis ("MD&A" on the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR" website at www.sedar.com.

Contact Exploration Provides Upper Montney Operations Update
Marketwire - Wed Jul 24, 7:31AM CDT
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE: CEX) is pleased to announce that its 23.75% non-operated 14-2-63-6 W6M Kakwa Montney well (the "14-2 Well" has been successfully completed within the upper interval of the Montney Formation. This interval had not previously been tested by Contact; however, other operators have demonstrated repeated success in this interval within the Kakwa/Resthaven trend. The 14-2 Well has been flow-tested by the operator for a total of 191 hours, including the final 98 hours with tubing in hole. During the first 24 hours with tubing in hole, the 14-2 Well averaged gross production rates consisting of 444 bbl/d condensate and 3,710 mcf/d natural gas (105 bbl/d condensate and 882 mcf/d natural gas net) against a flowing pressure above 4,500 kPa. During the final 74 hours with tubing in hole, the operator varied flowing pressures between 800 kPa and up to 6,800 kPa to test the 14-2 Well under various flowing conditions resulting in total average production during the final 98 hours of 327 bbl/d condensate and 2,800 mcf/d natural gas (77 bbl/d condensate and 670 mcf/d natural gas, net to Contact). In the final hour of testing, water cut from the 14-2 Well was 75%, with an average of 80% water being cut over the 98 hour testing interval. Approximately 2,300 m3 of frac water was used, with a total recovery of 1,900 m3 to date, which includes both frac flow back and natural formation water.

Contact Announces Year End Filings
Marketwire - Mon Jul 22, 7:32AM CDT
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE: CEX) is pleased to announce that it has today filed its audited consolidated condensed financial statements for the year ended March 31, 2013 and the related management's discussion and analysis ("MD&A" on the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR" website at www.sedar.com.

Contact Reserves Increase by 320% in Fiscal 2013
Marketwire - Tue Jul 02, 8:03AM CDT
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE: CEX) is pleased to report that independent reserves evaluations effective March 31, 2013 have been completed by the Company's reserves evaluators in accordance with the COGE Handbook. GLJ Petroleum Consultants Ltd. ("GLJ" evaluated the Company's Stoney Creek and Hopewell properties in New Brunswick, while McDaniel and Associates Consultants Ltd. ("McDaniel" evaluated the Company's core area at Kakwa, Alberta.

Contact Exploration Announces Long-term Customer Signed by Pieridae Energy for Goldboro LNG Project
Marketwire Canada - Mon Jun 03, 8:02AM CDT
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE:CEX) is pleased to announce that Pieridae Energy (Canada) Ltd. ("Pieridae" has entered into a long-term sales agreement with E.ON Global Commodities SE ("E.ON", a subsidiary of E.ON SE, and one of the world's largest investor-owned power and gas companies, for the purchase of liquefied natural gas ("LNG" from the Goldboro LNG project being developed by Pieridae in Nova Scotia, Canada. Under the agreement, Pieridae is to deliver approximately 5 million tons per annum ("MTPA" of LNG to E.ON for 20 years into a number of locations in Western Europe.

Contact Exploration Inc. Announces Resignation of Director
Marketwire - Tue Apr 16, 6:32PM CDT
Contact Exploration Inc. ("Contact" or the "Company" (TSX VENTURE: CEX) announces that due to increased professional commitments, Mr. Scott Hadley has resigned from the Board of Directors. Mr. Hadley has been a director of Contact since May 2010. The Company would like to thank Mr. Hadley for his contributions to Contact and wishes him well in his future endeavors.
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