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Canacol Energy Ltd. Provides 2024 Capital and Gas Sales Guidance

Retrieved on:

Monday, February 5, 2024

ESG, LMV, Transport, CNE, Investment, TSX, Acquisition, Corporation, Electricity

CALGARY, Alberta , Feb. 05, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide its capital and gas sales guidance for 2024.

Key Points:

CALGARY, Alberta , Feb. 05, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide its capital and gas sales guidance for 2024.
The Corporation announces that its 2024 capital budget is between $138 million and $151 million.
Forecast average realized contractual gas sales for 2024, which include downtime, are anticipated to range between 160 and 177 million cubic feet per day (“MMcfpd”).
Forecast interruptible sales include potential sales to the Celsia-operated Tesorito gas-fired power plant, in which the Corporation holds a 10% stake.

Canacol Energy Ltd. Announces Cancelation of EPM Gas Sales Contract and Strategic Entrance into Bolivia

Retrieved on:

Thursday, October 19, 2023

CALGARY, Alberta, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) announces that the long term take or pay gas sales contract with Empresas Publicas de Medellin E.S.P.

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CALGARY, Alberta, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) announces that the long term take or pay gas sales contract with Empresas Publicas de Medellin E.S.P.
(“EPM”), previously scheduled to commence deliveries on December 1, 2024 (the “Project”) has been terminated by the Corporation.
Senior Management will hold a Conference Call to discuss the cancellation of the EPM contract and strategic entrance into Bolivia on Friday, October 20, 2023, at 6:30 a.m. MST / 8:30 a.m. EST.
As such the Corporation has advised EPM of its intention to terminate the contract with immediate effect.

Lockheed Martin Ventures Invests in High Performance Electric Motor Manufacturer H3X

Retrieved on:

Tuesday, February 28, 2023

H3X Technologies today announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation (NYSE: LMT ), a global security and aerospace company.

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H3X Technologies today announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation (NYSE: LMT ), a global security and aerospace company.
H3X designs and manufactures advanced electric motors to enable sustainable aviation and other high-performance applications.
“At H3X, we are building integrated motor drives from 30kW to 3MW that are unparalleled in performance in terms of specific power (kW/kg) and efficiency,” according to Jason Sylvestre, Co-Founder and CEO of H3X.
H3X has invested heavily in vertical integration and does design, manufacturing, and testing in-house at their headquarters in Louisville, Colorado.

Lockheed Martin Ventures Invests in On-Demand Manufacturing Pioneer Machina Labs

Retrieved on:

Thursday, January 26, 2023

Technology, Steel, Engineering, Other Technology, Aerospace, Software, Manufacturing, Machinery, Robotics, Artificial Intelligence, LMT, Lockheed Martin, Labs, NYSE, LMV, Entrepreneurship, Lockheed, Arms industry, 3D printing

Machina Labs today announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation (NYSE: LMT ), a global security and aerospace company.

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Machina Labs today announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation (NYSE: LMT ), a global security and aerospace company.
Machina Labs combines AI and robotics to rapidly manufacture advanced sheet metal products.
This latest funding brings the total raised by Machina Labs to $21.8M.
“At Machina Labs, we are creating the factory of the future; one where a variety of designs and physical products can be produced on-demand and at scale,” according to Edward Mehr, CEO and Co-Founder of Machina Labs.

FedEx Freight's Pinter Wins TMCSuperTech Grand Championship

Retrieved on:

Wednesday, September 28, 2022

CLEVELAND, Sept. 28, 2022 /PRNewswire/ -- Phillip Pinter, a FedEx Freight technician from Romulus, Michigan, claimed the title of Grand Champion here at the American Trucking Associations' Technology and Maintenance Councils' National Technicians Skills Competitions.

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"On behalf of ATA and TMC, I want to congratulate Phillip on being named this year's TMCSuperTech Grand Champion," said TMC Executive Director Robert Braswell.
This is the second Grand Championship for Pinter, who was joined by FedEx Freight's Jamie Smith in claiming the team championship as part of a clean sweep of the top five by the Memphis, Tennessee-based carrier.
In addition to the Grand Championship, FedEx technicians also claimed the title in TMCSuperTech's LMV competition, with Philip Barlow finishing first, Frito-Lay North America's Kevin Malczyk placing second and FedEx Freight's Chris Czerwinski placing third.
FedEx Freight's Cory Westfall won the TMCSuperTech Trailer Track competition, with Michael Kerfoot Jr., of Cox Automotive placing second and Travis Cox of FedEx Freight placing third.

ALLOY ENTERPRISES SECURES $3M IN SAFE FUNDING LED BY LOCKHEED MARTIN

Retrieved on:

Wednesday, August 31, 2022

CEO, Technology, NYSE, Lockheed, Research, View, Time, Veteran, Alloy, LMT, Lockheed Martin, SAFE, Multimedia, Acceleration, LMV, Mobile phone, Aluminium

SOMERVILLE, Mass., Aug. 31, 2022 /PRNewswire/ -- Alloy Enterprises, the world's first Digital Aluminum Fab, announces the completion of a $3M SAFE financing round.

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SOMERVILLE, Mass., Aug. 31, 2022 /PRNewswire/ -- Alloy Enterprises, the world's first Digital Aluminum Fab, announces the completion of a $3M SAFE financing round.
The SAFE round was led by Lockheed Martin Ventures (LMV), who was joined by existing investors, including Congruent Ventures.
Lockheed Martin Corporation (NYSE: LMT) is a global company that solves complex challenges, advances scientific discovery and delivers innovative solutions to help keep people safe.
To learn more about Alloy Enterprises, visit https://www.alloyenterprises.co/
Lockheed Martin Ventures makes strategic investments in companies that are developing cutting edge technologies in core businesses and new markets important to Lockheed Martin.

AMRA Medical continues to advance FSHD research with whole-body MRI measurements

Retrieved on:

Tuesday, July 5, 2022

MFI, Research, Precision medicine, HIV disease progression rates, TUG, Biomarker, Disease, LMV, RWS, Area studies, Fulcrum, Degenerative disease, MFF, FSHD, Neuromuscular disease, Muscle, MRI, Multimedia, Medical imaging

LINKÖPING, Sweden, July 5, 2022 /PRNewswire/ -- AMRA Medical, a digital health company delivering a new standard in body composition analysis through rapid whole-body magnetic resonance imaging (MRI), today announced that the results of their Fulcrum-sponsored study highlighting the development and use of a whole-body MRI protocol for muscle analysis are now published in Neurology. The publication demonstrates how clinical investigators can use AMRA's MRI measurements to accurately and broadly capture the heterogeneity and progression of neuromuscular disorders like facioscapulohumeral muscular dystrophy (FSHD).

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In the study, AMRA shows that individual muscle measurements, whole-body composite scores, and functional composite measurements can help capture disease severity in individuals with FSHD.
The research shows that functional composite measurements correlate with disease-relevant clinical outcome assessments such as reachable workspace (RWS) and timed-up-and-go (TUG).
Using these measurements, they generated two types of composite scores per individual: (1) functional cross-sectional composite scores and (2) whole-body composite scores.
Learn how AMRA can help you advance metabolic and musculoskeletal clinical research and development by visiting AMRA's website .

Oregon League of Minority Voters Appoints Longtime Advocate Michael Cully to the Board of Directors

Retrieved on:

Monday, June 6, 2022

League, Chamber of commerce, Journalism, LLC, CEO, Empowerment, Daimler AG, LOC, District, History, Cully, LMV, Education, Commerce, Management, Online gambling

PORTLAND, Ore., June 6, 2022 /PRNewswire-PRWeb/ -- Mike Cully served as the LOC's leader for four-and-a-half years, and previously worked as the president and CEO of the San Diego North Economic Development Corporation, (SDNEDC), the president and CEO of two Chambers of Commerce in California and as part of the global leadership team of Daimler AG's startup car2go LLC. Cully has a rich history in journalism and public affairs as well, having spent more than a decade as an on-air television reporter working for affiliates around the country.

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The appointment of Cully was confirmed at a recent board meeting of the League.
"We are extremely excited to have an enthusiastic leader like Mike Cully join our leadership team," said Promise King, president and founder of the League of Minority Voters.
This unprecedented growth underscores the effectiveness and need for the League of Minority Voters as both an authoritative voice and presence in the country.
The League of Minority Voters is a nationwide bipartisan, nonprofit organization that advocates for the advancement of minority voters' rights through education, empowerment and mobilization.

Canacol Energy (CNE): Shift towards high-impact drilling

Retrieved on:

Wednesday, May 25, 2022

Research, MMV, LMV, NAV, Thomas Edison

The companys first test of the MMV will be the Pola-1 well spudding in Q322, targeting 470bcf of mean gross risked prospective resources.

Key Points:

The companys first test of the MMV will be the Pola-1 well spudding in Q322, targeting 470bcf of mean gross risked prospective resources.
Success here would be transformational given that Canacol currently holds 607bcf of 2P reserves.
We believe the share price does not reflect the exploration upside and value the company at C$6.29/share, more than double the current share price.
About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.

Canacol Energy Announces 7.6 TCF of Gross Mean Risked Prospective Conventional Natural Gas Resources

Retrieved on:

Wednesday, April 6, 2022

The BGEC Report includes estimates of unrisked prospective resources and risked prospective resources for individual prospects and leads.

Key Points:

The BGEC Report includes estimates of unrisked prospective resources and risked prospective resources for individual prospects and leads.
All prospects and leads included in this release are conventional natural gas.
Conventional natural gas volumes are reported in Bcf at standard conditions of 1 Bar and 20 Celsius.
The estimates of prospective resources provided in this press release are estimates only, and there is no guarantee that the estimated prospective resources will be recovered.