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Canacol Energy Ltd. Provides 2021 Capital and Gas Sales Guidance Canacol Energy Ltd. Provides 2021 Capital and Gas Sales Guidance CALGARY, Alberta, Dec. 17, 2020 Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide its capital and gas sales guidance for 2021. The Corporation announces that its 2021 capital budget is US$ 140 million which will be fully funded from existing cash and 2021 cash flows. Forecast realized contractual gas sales for 2021, which include downtime, are anticipated to be in the range of 153 to 190 million standard cubic feet per day (“MMscfpd”). The Corporation’s firm take-or-pay contracts average 153 MMscfpd net of 2021 contractual downtime, and as such would represent the low end of the Corporation’s guidance should interruptible gas demand be severely impacted as a result of a prolonged COVID-19 pandemic. The average wellhead sales price, net of transportation costs where ....
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Canacol Energy Ltd. Provides 2021 Capital and Gas Sales Guidance Canacol Energy Ltd.December 17, 2020 GMT CALGARY, Alberta, Dec. 17, 2020 (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 2021. The Corporation announces that its 2021 capital budget is US$ 140 million which will be fully funded from existing cash and 2021 cash flows. Forecast realized contractual gas sales for 2021, which include downtime, are anticipated to be in the range of 153 to 190 million standard cubic feet per day (“MMscfpd”). The Corporation’s firm take-or-pay contracts average 153 MMscfpd net of 2021 contractual downtime, and as such would represent the low end of the Corporation’s guidance should interruptible gas demand be severely impacted as a result of a prolo ....
Montréal unveils an ambitious plan to reach its climate goals MONTRÉAL, Dec. 10, 2020 /PRNewswire/ Ville de Montréal is pleased to unveil its Climate Plan 2020-2030 today. Consisting of 46 firm actions, the plan will allow Montréal to achieve the ambitious climate targets it has set for itself in the area of ecological transition, i.e., a reduction of 55 per cent of greenhouse gases (GHG) in the community between now and 2030 (compared with 1990), as well as carbon neutrality for its operations between now and 2040 and for the community in 2050. Before the health crisis hit, the climate crisis was at the heart of our concerns. In September 2019, Montréal witnessed a historic march that brought together 500,000 people demanding concrete action to fight climate change. The COVID-19 pandemic turned everything upside down. But the year 2020 also highlighted the importance of having a resilient city on a human scale. A city that offers quality green spaces to its popul ....