Ciénega

Canacol Energy Ltd. Provides Corporate Update

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Lundi, mai 27, 2024
CDO, Debt-to-GDP ratio, Corporation, Ciénega, Alboka, Note, Fitch Ratings, Spondias mombin, TSX, CNE, AVO

CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) is pleased to provide the following update regarding scheduled interest payment, termination of Fitch Ratings coverage, and exploration drilling program.

Key Points: 
  • CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) is pleased to provide the following update regarding scheduled interest payment, termination of Fitch Ratings coverage, and exploration drilling program.
  • On May 24, 2024, Canacol paid its scheduled semi-annual interest payment of US $14.375 million on its November 2028 Senior Notes.
  • On Tuesday, May 21, 2024, the Corporation informed Fitch Ratings that it was terminating its contract for the provision of ratings coverage.
  • Given success, the Cardamomo field will be tied into the Alboka flowline located approximately 12 kilometers to the south.

Canacol Energy Ltd. Announces New Gas Discovery at Chontaduro 1

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Jeudi, avril 18, 2024
CDO, Corporation, TSX, Ciénega, Porosity, THP, CNE, Bactris gasipaes, Spondias mombin, Oil

CALGARY, Alberta, April 18, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Chontaduro 1 gas discovery.

Key Points: 
  • CALGARY, Alberta, April 18, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Chontaduro 1 gas discovery.
  • The CDO reservoir was perforated over a 279 ft MD Interval and the well tied into the Jobo gas treatment facility.
  • The Corporation is currently skidding the rig to drill the Chontaduro 2 appraisal well, targeting the CDO sandstone reservoir in the southern part of the Chontaduro discovery.
  • Chontaduro 2 will spud on April 18, 2024, and will take approximately 3 weeks to drill and complete.

Canacol Energy Ltd. Announces New Gas Discovery at Pomelo 1

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Mercredi, mars 27, 2024
CDO, Spondias mombin, Corporation, CNE, TSX, Ciénega, Interval, Bactris gasipaes, Porosity, Cubic foot, Oil

CALGARY, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Pomelo 1 gas discovery.

Key Points: 
  • CALGARY, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Pomelo 1 gas discovery.
  • The well encountered 96 feet true vertical depth of net gas pay with average porosity of 21 percent within the primary Cienaga de Oro (“CDO”) sandstone reservoir.
  • The CDO reservoir was perforated over a 48-foot Interval and was tied into the existing flowline to the Betania substation.
  • The Corporation is currently mobilizing the rig to drill the Chontaduro 1 exploration well located approximately 3 kilometers to the north of Pomelo discovery.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update and Announces Dividend

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Mercredi, décembre 20, 2023
Spondias mombin, Quality of life, Ciénega, National government, Form, CAD, CNE, Ministry, Corporation, Investment, TSX, Toronto Stock Exchange, Security (finance)

CALGARY, Alberta, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update, along with announcement of quarterly dividend.

Key Points: 
  • CALGARY, Alberta, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update, along with announcement of quarterly dividend.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 169 million standard cubic feet per day for November 2023.
  • Gas sales during the month of November were impacted by high reservoir levels and related hydroelectric power generation due to heavy rainfall which reduced the demand for gas for thermoelectric power generation.
  • The Corporation completed the drilling of the Pandereta 10 development well which encountered 122 feet of net gas pay within the Cienaga de Oro (“CDO”) sandstone reservoir.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

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Mardi, novembre 7, 2023
Nelson, Ciénega, CNE, TSX, Spondias mombin, Corporation, Oil

CALGARY, Alberta, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.

Key Points: 
  • CALGARY, Alberta, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 170 million standard cubic feet per day for October 2023.
  • As a result of the foregoing the Corporation has had to restrict gas deliveries under certain supply contracts dedicated to supplying non-essential gas demand, all in accordance with applicable Colombian regulations and in consultation with the relevant authorities.
  • The wells are currently being tied into the Jobo gas treatment facility and will both be on production within one week.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Mardi, octobre 10, 2023
TSX, Technische Universität Darmstadt, CNE, Águas, TVD, Corporation, Nelson, Ciénega, CDO, Spondias mombin, Oil

CALGARY, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.

Key Points: 
  • CALGARY, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 161 million standard cubic feet per day for September 2023.
  • Average realized contractual natural gas sales for the month of October 2023 to date are 162 MMscfpd, with current contractual natural gas sales as of October 9, 2023 being 180 MMscfpd of gas.
  • Realized contractual natural gas sales for the third quarter of 2023 averaged 178 MMscfpd, down slightly from the 185 MMscfpd and 186 MMscfpd reported in the second and first quarters respectively.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Mardi, septembre 5, 2023
TSX, CDO, TD, Agua, Corporation, Ciénega, Spondias mombin, CNE, Oil, Natural gas

CALGARY, Alberta, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and drilling operations update.

Key Points: 
  • CALGARY, Alberta, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and drilling operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 178 million standard cubic feet per day for August 2023.
  • The well encountered noncommercial quantities of gas within the Cienaga de Oro (“CDO”) sandstone reservoir and was plugged and abandoned.
  • The Corporation is focusing on infill development drilling and workover opportunities to meet anticipated high gas demand during the El Niño season which is anticipated to start in fourth quarter 2023.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Jeudi, août 3, 2023
Nigerian Upstream Petroleum Regulatory Commission, Ciénaga de Oro, VIM, Águas, CDO, Spondias mombin, Corporation, CNE, TSX, Ciénega, Oil, Petroleum, Mafaldine, Comunidad Cristiana Agua Viva

CALGARY, Alberta, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and drilling operations update.

Key Points: 
  • CALGARY, Alberta, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and drilling operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 197 million standard cubic feet per day for July 2023.
  • Canacol’s near field exploration program includes the successful Lulo discovery, as well as the Piña Norte, Cereza, and Mafaldine prospects.
  • The twin offset Piña Norte 2 exploration well was spud on July 18, 2023 and is currently drilling ahead.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Mercredi, juillet 5, 2023
Pressure, Ciénega, API, Gran Tierra Energy, Porosity, CDO, Spondias mombin, Corporation, E&P, CNE, THP, TSX, Oil, Natural gas, Petroleum

CALGARY, Alberta, July 05, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and operations update.

Key Points: 
  • CALGARY, Alberta, July 05, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 186 million standard cubic feet per day for June 2023.
  • Chimela is located approximately 7 kilometers from the Acordionero field operated by Gran Tierra Energy.
  • Malfadine 1 is also targeting gas charged reservoirs within the CDO sandstone and will take 3 weeks to drill and complete.

Surface Access and Core Storage Facilities Secured for the Sandra Silver-Gold Project in Northwestern Durango State, Mexico

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Lundi, juin 26, 2023
Cienega de Escobar, Technical report, PAAS, Sierra Madre Occidental, Ciénega, Silver, Ejido, Sandra, Pan American Silver, Mining, SEDAR, TSX, Qualified person (European Union), Mexican Plateau, News, OREX

VANCOUVER, BC, June 26, 2023 /PRNewswire/ - Orex Minerals Inc. (the "Company" or "Orex") (TSXV: REX) (OTCQB: ORMNF) as operator of the joint venture, have secured surface access and core storage facilities for exploration on the Sandra Silver-Gold Project, located on lands of the Ejido "Escobar y Anexos" in Guanacevi, Durango, Mexico.

Key Points: 
  • VANCOUVER, BC, June 26, 2023 /PRNewswire/ - Orex Minerals Inc. (the "Company" or "Orex") (TSXV: REX) (OTCQB: ORMNF) as operator of the joint venture, have secured surface access and core storage facilities for exploration on the Sandra Silver-Gold Project, located on lands of the Ejido "Escobar y Anexos" in Guanacevi, Durango, Mexico.
  • The Sandra Project is held by Empresa Minera Sandra-Escobar S.A. de C.V., a 60:40 joint venture between Pan American Silver Corp. (TSX: PAAS) and Orex.
  • The detailed technical report has been filed with SEDAR and posted on the Orex website for public access.
  • Ben Whiting, P.Geo., is the Qualified Person as defined in NI 43-101 and takes responsibility for the technical disclosure contained in this news release.