Canacol Energy Ltd (CNNEF) 6.9700 $CNNEF
Canacol Energy Ltd. Tests 2,930 BOPD Light Oil From Pantro 1 Discovery and Adds Second Drilling Rig on LLA23 Block in Colombia
Marketwire - Fri May 02, 5:01AM CDT
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce its third consecutive light oil discovery at the Pantro 1 exploration 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.
Canacol Energy Ltd. Closes on Long-Term Syndicated Senior Secured Term Loan for US$220 Million
Marketwire - Thu Apr 24, 5:01PM CDT
Canacol Energy Ltd. ("Canacol" or the "Corporation" (TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce that it has closed its previously announced upsizing of its existing senior secured term loan with a syndicate of banks led by Credit Suisse as Lead Arranger, Sole Bookrunner and Administrative Agent, and including Banco Davivienda, Bladex, Corpbanca, Export Development Canada (EDC), and Citi as Mandated Lead Arrangers, and Banco de Occidente and the Industrial and Commercial Bank of China (ICBC) as Arrangers.
MENA Hydrocarbons Announces Sale of Non-Core Assets and Changes in Board of Directors and Executive Officers
Marketwire - Fri Apr 04, 5:36PM CDT
MENA Hydrocarbons Inc. ("MENA" or the "Company" (TSX VENTURE: MNH) is pleased to announce that it has completed the sale of its Montana non-core oil and gas leases to an arm's length third party for USD$625,000. The proceeds from the sale are being used to reduce the Company's indebtedness and to fund ongoing operations.
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.
Tilting Capital Corp. Announces Appointment of New Director and Grant of Options
Marketwire - Thu Mar 06, 8:03AM CST
Tilting Capital Corp. (the "Corporation" or "Tilting Capital" (TSX VENTURE: TLL.H) is pleased to announce that Jason Bednar has been appointed to the Board of Directors.
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%.
Solimar Announces Closing of Private Placement
Marketwire - Thu Feb 20, 5:31AM CST
Solimar Energy Limited ("Solimar" or the "Company" (ASX: SXS)(TSX VENTURE: SXS) is pleased to announce that, further to its previous announcements dated January 31, 2014 and February 3, 2014 concerning a non-brokered placement, it has issued a total of 9,335,385 units ("Units" at a price of C$0.065 per Unit for aggregate gross proceeds of $606,800 (the "Offering". Each Unit is comprised of one (1) ordinary share of Solimar ("Share" and one half of one (0.5) right ("Right". Each Right, upon receipt of approval by the shareholders of Solimar, entitles the holder to receive one warrant ("Warrant" to purchase one (1) Share at an exercise price of $0.065 for a 24 month period following closing.
Canacol Energy Ltd. Announces 6,140 BOEPD in New Gas Sales Contracts and 44% Increase in 2P Gas Reserves in Colombia
Marketwire - Thu Feb 20, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation" (TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce the execution of two new gas sales contracts and a related 44% increase in 2P gas reserves at its 100% operated Nelson gas field located on the Esperanza Exploration and Production ("E&P" Contract in the Lower Magdalena Basin of Colombia. The increase in reserves is attributable to increased expected gas sales nominations with the execution of the new gas sales contracts. Under the terms of the two new sales contracts, Canacol will provide 35 million standard cubic feet per day ("mmscfpd" (6,140 barrels of oil equivalent per day) for a 5 year period commencing in December 2015 at a price of US$ 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.
Canacol Energy Ltd. Tests 2,930 BOPD Light Oil From Pantro 1 Discovery and Adds Second Drilling Rig on LLA23 Block in Colombia
Marketwire - Fri May 02, 5:01AM CDT
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce its third consecutive light oil discovery at the Pantro 1 exploration 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. Canacol Energy Ltd. Closes on Long-Term Syndicated Senior Secured Term Loan for US$220 Million
Marketwire - Thu Apr 24, 5:01PM CDT
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce that it has closed its previously announced upsizing of its existing senior secured term loan with a syndicate of banks led by Credit Suisse as Lead Arranger, Sole Bookrunner and Administrative Agent, and including Banco Davivienda, Bladex, Corpbanca, Export Development Canada (EDC), and Citi as Mandated Lead Arrangers, and Banco de Occidente and the Industrial and Commercial Bank of China (ICBC) as Arrangers. MENA Hydrocarbons Announces Sale of Non-Core Assets and Changes in Board of Directors and Executive Officers
Marketwire - Fri Apr 04, 5:36PM CDT
MENA Hydrocarbons Inc. ("MENA" or the "Company"
(TSX VENTURE: MNH) is pleased to announce that it has completed the sale of its Montana non-core oil and gas leases to an arm's length third party for USD$625,000. The proceeds from the sale are being used to reduce the Company's indebtedness and to fund ongoing operations. 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. Tilting Capital Corp. Announces Appointment of New Director and Grant of Options
Marketwire - Thu Mar 06, 8:03AM CST
Tilting Capital Corp. (the "Corporation" or "Tilting Capital"
(TSX VENTURE: TLL.H) is pleased to announce that Jason Bednar has been appointed to the Board of Directors. 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%. Solimar Announces Closing of Private Placement
Marketwire - Thu Feb 20, 5:31AM CST
Solimar Energy Limited ("Solimar" or the "Company"
(ASX: SXS)(TSX VENTURE: SXS) is pleased to announce that, further to its previous announcements dated January 31, 2014 and February 3, 2014 concerning a non-brokered placement, it has issued a total of 9,335,385 units ("Units" at a price of C$0.065 per Unit for aggregate gross proceeds of $606,800 (the "Offering". Each Unit is comprised of one (1) ordinary share of Solimar ("Share" and one half of one (0.5) right ("Right". Each Right, upon receipt of approval by the shareholders of Solimar, entitles the holder to receive one warrant ("Warrant" to purchase one (1) Share at an exercise price of $0.065 for a 24 month period following closing. Canacol Energy Ltd. Announces 6,140 BOEPD in New Gas Sales Contracts and 44% Increase in 2P Gas Reserves in Colombia
Marketwire - Thu Feb 20, 5:31AM CST
Canacol Energy Ltd. ("Canacol" or the "Corporation"
(TSX: CNE)(OTCQX: CNNEF)(BVC: CNEC) is pleased to announce the execution of two new gas sales contracts and a related 44% increase in 2P gas reserves at its 100% operated Nelson gas field located on the Esperanza Exploration and Production ("E&P" Contract in the Lower Magdalena Basin of Colombia. The increase in reserves is attributable to increased expected gas sales nominations with the execution of the new gas sales contracts. Under the terms of the two new sales contracts, Canacol will provide 35 million standard cubic feet per day ("mmscfpd" (6,140 barrels of oil equivalent per day) for a 5 year period commencing in December 2015 at a price of US$ 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. 
