Gulf Oil and Gas accountACCOUNT

Canacol Provides October Gas Sales & Share Buyback Information

Source: www.gulfoilandgas.com 11/4/2020, Location: South America

Canacol Energy Ltd. is pleased to provide the following information concerning its October 2020 gas sales and share buyback program.

Gas Sales Average 173 MMscfpd for the Month of October
Realized contractual natural gas sales (which are essentially gas produced, delivered, and paid for) for the month of October averaged approximately 173 million standard cubic feet per day ("MMscfpd"), up from approximately 168 MMscfpd reported during the month of September 2020.

Normal Course Issuer Bid
On September 10, 2020, the Corporation began actively buying its shares back for cancellation under the terms of its TSX approved Normal Course Issuer Bid and Automatic Share Purchase Program, which limits the maximum daily share purchases to 46,189 shares per day as outlined in a December 10, 2019 press release. During the period October 1 - 31, 2020, the Corporation repurchased 762,800 shares at an average price of CAD $3.47 per share.

Production News in Colombia >>

Gabon >>  1/18/2021 - BW Energy provides an update on the operation and development of the Dussafu Marin license in Gabon. The Company will publish its financial report for...
Indonesia >>  1/16/2021 - PT Pertamina EP, a cooperation contract contractor under the supervision of SKK Migas and a subsidiary of Pertamina Persero, succeeded in increasing p...

United Kingdom >>  1/15/2021 - UK Oil & Gas PLC (UKOG) is pleased to provide the following operational update for its 85.635% owned Horse Hill oil field. ...
Australia >>  1/14/2021 - Mosman Oil and Gas Limited announces its production summary for the six months ended on 31 December 2020 and an operations update. ...

Tanzania >>  1/14/2021 - Wentworth Resources plc, the independent, Tanzania-focused natural gas production company, is pleased to announce the following operational update and...
United Kingdom >>  1/14/2021 - Hurricane Energy plc, the UK based oil and gas company, provides a trading and operational update ahead of its results for the year ended 31 December ...




Colombia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 |

More News

Related Links

Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.