Centaurus Energy Inc. Announces 2021 First Quarter Financial Results and Operational Update
Buenos Aires, Argentina--(Newsfile Corp. - May 21, 2021) - Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) ("Centaurus" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2021. CONFERENCE CALL The Company will hold an investor conference call to discuss the Company's operating and financial results on Tuesday, May 25, 2021 at 8:00 a.m. MDT (10:00 a.m. EDT). Analysts and investors are invited to participate using the following...
2021-05-21 6:30 PM EDT
Centaurus Provides Update On 2020 Annual Financial Statement Filings
Calgary, Alberta--(Newsfile Corp. - May 17, 2021) - Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) ("Centaurus" or the "Company") provides this bi-weekly default status report in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). In the Company's initial default announcement of April 26, 2020 (the "Default Notice"), the Company announced the delay in the filing of its audited annual financial statements, accompanying management...
2021-05-17 5:38 PM EDT
Centaurus Announces Management Cease Trade Order
Calgary, Alberta--(Newsfile Corp. - May 4, 2021) - Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) ("Centaurus" or the "Company") is pleased to announce that the Alberta Securities Commission, being Centaurus' principal regulator, has accepted the Company's application for, and granted, a management cease trade order (the "MCTO"). The application for the MCTO was made by the Company due to a delay in the filing of its audited annual financial statements, accompanying management discussion...
2021-05-04 7:27 PM EDT
Centaurus Announces Sale of Working Interest in Coiron Amargo Sur Este to Pan American Energy and Provides Corporate Update
Calgary, Alberta--(Newsfile Corp. - April 28, 2021) - Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) ("Centaurus" or the "Company") announces that, through its subsidiary in Argentina, Madalena Energy Argentina S.R.L., it is has entered into an agreement to sell its working interest in the Coiron Amargo Sur Este petroleum block ("CASE") to Pan American Energy, S.L., Argentine Branch ("PAE"), the operator of the block, and that the Company has exited its activity and involvement in...
2021-04-28 6:42 PM EDT
Default Announcement
Calgary, Alberta--(Newsfile Corp. - April 26, 2021) - Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) ("Centaurus" or the "Corporation") provides this default announcement indicating Centaurus's anticipated failure to file its annual financial statements for the year ended December 31, 2020 and related management discussion and analysis and certifications (collectively, the "Financial Statements") before the prescribed filing deadlines. The Corporation's failure to file its Financial...
2021-04-26 8:09 PM EDT
Centaurus Announces Termination of Term Sheet with Crown Point Energy Inc.
Calgary, Alberta--(Newsfile Corp. - March 1, 2021) - Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) ("Centaurus" or the "Company") announces that the non-binding term sheet (the "Term Sheet") with Crown Point Energy Inc. previously announced on January 7, 2021 has been terminated. Centaurus continues to seek opportunities to partner with other Argentina-focused oil and gas, exploration and production companies. About Centaurus Energy Centaurus is an independent upstream oil and gas company...
2021-03-01 8:30 AM EST
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Announces 2019 Financial Results and Operational Update
Buenos Aires, Argentina--(Newsfile Corp. - April 30, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2019. Centaurus' CEO David Tawil commented: "I am encouraged by the growth in the Company's production and reserves in this challenging environment. The Company is progressing with optimizing its operations, rationalizing its cost structure and...
2020-04-30 3:44 PM EDT
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Announces "IP30" Production Tests of Horizontal Multi-Frac Wells CASE-301(h) at Coiron Amargo Sur Este in Vaca Muerta Formation
Buenos Aires, Argentina--(Newsfile Corp. - April 23, 2020) - Centaurus Energy Inc. (TSXV: CTA), (OTCQX: CTARF) ("Centaurus" or the "Company") is pleased to announce that Pan American Energy ("PAE"), Centaurus' partner, successfully tested the CASE-301(h) horizontal multi-frac well in the Vaca Muerta Shale Formation at the Coiron Amargo Sur Este ("CASE") block in Argentina. CASE- 301(h), the fourth of the five well program, was completed and connected to early production facilities on February...
2020-04-23 8:00 AM EDT
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Announces "IP90" Production Tests of Horizontal Multi-Frac Wells Case 101(h) and Case-501(h) at Coiron Amargo Sur Este in Vaca Muerta Formation
Buenos Aires, Argentina--(Newsfile Corp. - April 14, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") is pleased to announce, that Pan American Energy ("PAE"), Centaurus' partner, successfully tested the CASE-101(h) and CASE-501(h) horizontal multi-frac wells in the Vaca Muerta shale formation at the Coiron Amargo Sur Este ("CASE") block in Argentina. PAE holds a 55% working interest in, and is the operator of, the CASE block. Centaurus' Interim CEO,...
2020-04-14 8:00 AM EDT
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Provides Update on Credit Facilities and Announces Board Changes
Buenos Aires, Argentina--(Newsfile Corp. - April 9, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") announces that it has extended the binding term sheet respecting debt financing agreements with Maglan Distressed Master Fund LP ("Maglan"), as previously announced on March 25, 2020 (the "Agreement"). Under the amended terms of the Agreement, the parties will have until June 30, 2020 to enter into definitive agreements respecting the convertible and...
2020-04-09 8:00 AM EDT
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Announces 172% Growth in Proved and 178% Growth in Proved Plus Probable Reserves of Tight Oil
Buenos Aires, Argentina--(Newsfile Corp. - April 3, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") is pleased to announce the results of its annual independent reserves assessment as at December 31, 2019. All dollar amounts are in United States dollars and all reserves and production volumes are on a working interest before royalties ("WI") basis and are expressed in barrels ("bbl") of oil equivalent ("boe"), unless otherwise indicated. Centaurus'...
2020-04-03 8:00 AM EDT
Centaurus Energy Inc. Announces Production Test of Horizontal Multi-Frac Well CASE-401(h) at Coiron Amargo Sur Este in Vaca Muerta Formation
Buenos Aires, Argentina--(Newsfile Corp. - March 30, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") is pleased to announce, that Pan American Energy ("PAE"), Centaurus' Partner, successfully completed and tested the CASE-401h multi-frac well in the Vaca Muerta Shale Formation at the Coiron Amargo Sur Este ("CASE") block in Argentina. This is the third of a five well program. The well was drilled with an approximate horizontal lateral length of 2,000...
2020-03-30 8:00 AM EDT
Centaurus Energy Inc. Receives Notice from KD Energy
Calgary, Alberta--(Newsfile Corp. - March 27, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") announces that it has received a notice of default and reservation of rights (the "Notice") from KD Energy International Capital Limited ("KD Energy") and Hispania Petroleum S.A. ("Hispania", and together with KD Energy, the "Old Lenders"). In the Notice, the Old Lenders allege that the Company is in default of the terms of the Amended and Restated Convertible...
2020-03-27 5:40 PM EDT
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Announces New Credit Facilities, Appointment of New Board Members and Management Changes
Calgary, Alberta--(Newsfile Corp. - March 25, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") announces that it has entered into a binding term sheet with respect to a debt financing agreement with Maglan Distressed Master Fund LP (the "Agreement") pursuant to which the Company will have access of up to US$23 million, accruing interest on draws at the rate of 7% per annum, in the form of convertible and non-convertible loan facilities (the "Maglan...
2020-03-25 8:00 AM EDT
Centaurus Energy Inc. Announces Resignation of Director
Buenos Aires, Argentina--(Newsfile Corp. - February 19, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") announces that, effective February 18, 2020, Leonardo Madcur has resigned as a director of the Company due to growing business commitments that will no longer allow him to dedicate sufficient focus on the activities of Centaurus. The Company wishes to thank Mr. Madcur for his valuable contributions to the Company. About Centaurus Energy Centaurus is...
2020-02-19 8:00 AM EST
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Provides Corporate Update
Buenos Aires, Argentina--(Newsfile Corp. - February 10, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") announces that it has entered in an exclusive negotiation agreement ("Negotiation Agreement") with KD Energy International Capital Limited ("KD Energy") to discuss a potential equity financing. The negotiations with KD Energy are being conducted on behalf of the Company under the direction of a special committee of independent directors through Peters...
2020-02-10 6:45 PM EST
Centaurus Energy Inc. Announces Entering into Agreement with Province of Neuquén for Extension of Curamhuele Milestones
Buenos Aires, Argentina--(Newsfile Corp. - January 21, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") is pleased to announce that the Company has entered into an agreement with the Ministry of Energy and Natural Resources of the Province of Neuquén (the "Ministry") to adjust the milestone schedules for the Company's drilling obligations in its Curamhuele concession. Centaurus has a 90% working interest in the Curamhuele concession covering...
2020-01-21 8:00 AM EST
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Announces Production Test of Horizontal Multi-Frac Well Case-501(h) at Coiron Amargo Sur Este in Vaca Muerta Formation
Buenos Aires, Argentina--(Newsfile Corp. - January 15, 2020) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") is pleased to announce Pan American Energy ("PAE"), Centaurus' Partner, successfully completed and tested the CASE-501h multi-frac well in the Vaca Muerta Shale Formation at the Coiron Amargo Sur Este ("CASE") block in Argentina. This is the second of a five well program. The well was drilled with an approximate horizontal lateral length of 2,000...
2020-01-15 8:00 AM EST
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Announces 2019 Third Quarter Financial Results and Operational Update
Buenos Aires, Argentina--(Newsfile Corp. - November 25, 2019) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") is pleased to announce its financial and operating results for the three months ended September 30, 2019. Centaurus' CEO Jose Penafiel commented: "We are pleased to announce our first quarter of financial results under our new name as Centaurus Energy. Our financial re
2019-11-25 8:30 AM EST
Centaurus Energy Inc. (Formerly Madalena Energy Inc.) Announces Release Date for Its Third Quarter 2019 Results and Conference Call
Buenos Aires, Argentina--(Newsfile Corp. - November 19, 2019) - Centaurus Energy Inc. (TSXV: CTA) (OTCQX: CTARF) ("Centaurus" or the "Company") is pleased to announce that the Company plans to hold an investor conference call to discuss the Company's third quarter 2019 operating and financial results on Tuesday November 26, 2019 at 8:00 a.m. MDT (10:00 a.m. EDT). The Company expects to announce third quarter 2019
2019-11-19 8:00 AM EST