Cuda Oil and Gas Inc.

Recent News

  • Cuda Oil and Gas Inc. Announces December 31, 2020 Year-End Financial and Operating Results

    Calgary, Alberta--(Newsfile Corp. - May 4, 2021) -  Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") announces its financial and operational results for the year ended December 31, 2020. Cuda's audited consolidated financial statements, and management's discussion and analysis for the year ended December 31, 2020 and 2019 are available under the Company's profile on the SEDAR website at www.sedar.com.Significant 2020 Highlights2020 proved to be another year of significant growth and change for the Company. Production in...

    2021-05-04 5:46 PM EDT
  • Cuda Oil and Gas Inc. Reports an Increase in Proved, Developed and Producing Oil and Liquid Reserves and Achieves 1 BCF of Gas Injected into the Shannon Oil Pool

    Calgary, Alberta--(Newsfile Corp. - April 20, 2021) -  Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") is pleased to release the results of its December 31st, 2020 Oil and Gas Reserves Evaluation ("2020 Reserves Report") for Wyoming and Alberta. Cuda recorded significant progress in maturing its major asset at Barron Flats Shannon Secondary Recovery Unit ("SSRU") in the Powder River Basin of Wyoming. In the 2020 Reserves Report, Ryder Scott has identified significant increases to the Company's...

    2021-04-20 8:00 PM EDT
  • Cuda Oil and Gas Inc. Closes Share Issuance in Connection with Debt Restructuring

    Calgary, Alberta--(Newsfile Corp. - February 23, 2021) - Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") is pleased to announce that it has completed the previously announced issuance of 9.1 million common shares to its lender in accordance with the terms of the restructuring of the Company's indebtedness that was announced on January 26, 2021. Pursuant to the terms of the amendment and extension of the Company's credit facilities with its existing lender (the "Existing Lender")...

    2021-02-23 5:07 PM EST
  • Cuda Oil and Gas Inc. Announces a Material Improvement to its Liquidity Position with the Successful Amendments to its Indebtedness and the Establishment of a New Senior Credit Facility

    $48 million Existing Demand Facilities Amended and Maturity Dates Extended;$ 9 million New Demand Facility Established; $ 1.5 million Convertible Debentures Amended and Maturity Date Extended.Calgary, Alberta--(Newsfile Corp. - January 26, 2021) -  Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") is pleased to announce a major restructuring of its indebtedness including the establishment of a new senior $ 9 million credit facility ("New Facility"). Proceeds will be used for the continued development of its assets in...

    2021-01-26 6:00 AM EST
  • Cuda Oil and Gas Inc. Announces Third Quarter Financial and Operating Results

    Calgary, Alberta--(Newsfile Corp. - November 23, 2020) - Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") announces its financial and operating results for the three and nine months ended September 30, 2020. Cuda's unaudited interim condensed consolidated financial statements and related management's discussion and analysis ("MD&A") as at and for the periods ended September 30, 2020 and 2019, are available under the Company's profile on the SEDAR website at www.sedar.com. Selected financial and operating information for the...

    2020-11-23 8:27 PM EST
  • Cuda Oil and Gas Inc. Announces Second Quarter Financial and Operating Results

    Calgary, Alberta--(Newsfile Corp. - September 1, 2020) - Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2020. Cuda's unaudited interim condensed consolidated financial statements and related management's discussion and analysis ("MD&A") as at and for the periods ended June 30, 2020 and June 2019, are available under the Company's profile on the SEDAR website at www.sedar.com. Selected financial and operating information...

    2020-09-01 7:00 AM EDT
  • Cuda Oil and Gas Inc. Announces First Quarter Financial and Operating Results

    Calgary, Alberta--(Newsfile Corp. - July 19, 2020) - Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") announces its financial and operational results for the first quarter ended March 31, 2020. Cuda's unaudited interim condensed consolidated financial statements, and management's discussion and analysis for the three months ended March 31, 2020 and 2019 are available under the Company's profile on the SEDAR website at www.sedar.com.Significant First Quarter HighlightsThe Company completed the 15 well drilling program in the...

    2020-07-19 8:38 PM EDT
  • Cuda Pétrole et Gaz Inc: Cuda Pétrole et Gaz Inc. annonce ses résultats financiers et d'opérations de fin d'année

    Calgary, Alberta --(Newsfile Corp. -le 9 juillet 2020)- Cuda Oil and Gas Inc. (TSXV: CUDA) (« Cuda » ou la « société ») annonce ses résultats financiers et opérationnels pour l'exercice se terminant le 31 décembre 2019. Les états financiers consolidés et vérifiés de Cuda ainsi que le rapport de gestion pour l'exercice se terminant le 31 décembre 2019 et 2018 sont disponibles dans la rubrique profil de la société sur le site internet de SEDAR, au www.sedar.com.Faits marquants en 20182019 s'est...

    2020-07-09 1:24 PM EDT