Columbus Energy Resources plc

Equities

LGO

GB00BDGJ2R22

Delayed London S.E. Other stock markets 02:30:01 2020-08-07 am EDT			5-day change	1st Jan Change
1.825 ^GBX	-.--%		+2.82%	-47.10%

2020	Bahamas Petroleum : Rises 8% Amid Increased Activity on Producing Fields, Progress on Key Drilling Plan	MT
2020	Bahamas Petroleum Company plc completed the acquisition of Columbus Energy Resources plc from Schroder Investment Management Limited and others.	CI

Columbus Energy Resources plc Submits Saffron 2 - Drilling Application to Ministry

May 28, 2020 at 02:00 am EDT

Columbus Energy Resources plc announced that it has submitted to the Ministry of Energy and Energy Industries (Trinidad & Tobago) a drilling application ("Drilling Application") for the Saffron 2 well in the South West Peninsula. Summary: Saffron 2 to be drilled as a twin to Saffron 1, from the same drill pad; Saffron 2 to target the Lower Cruse intervals encountered in drilling Saffron 1, with a targeted Total Depth of 4557 feet; The key objective of Saffron 2 is an extended production test and subsequent conversion to a production well aimed to produce the circa 40° API oil encountered in Saffron 1; Drilling Application consistent with commercial arrangement for a full carry of Saffron 2, as announced 27 April 2020; Approval of the Drilling Application by the Ministry would allow drilling in third quarter 2020.

Latest news about Columbus Energy Resources plc

Bahamas Petroleum : Rises 8% Amid Increased Activity on Producing Fields, Progress on Key Drilling Plan	20-11-03	MT
Bahamas Petroleum Company plc completed the acquisition of Columbus Energy Resources plc from Schroder Investment Management Limited and others.	20-08-06	CI
Bahamas Petroleum Company plc reached an agreement to acquire Columbus Energy Resources plc from Schroder Investment Management Limited and others for approximately £24.5 million.	20-06-10	CI
Columbus Energy Resources plc Announces the Start of Phase 2 of the Co2 Pilot Project in the Trinity Inniss Field	20-06-01	CI
Columbus Energy Resources plc Submits Saffron 2 - Drilling Application to Ministry	20-05-28	CI
Columbus Energy Resources plc Provides Inniss CO2 Project Update	20-05-13	CI
Columbus Energy Resources plc Announces Saffron Discoveries - Lower Cruse and Middle Cruse	20-04-27	CI
Columbus Energy Resources plc Provides Update for its Saffron Well, Onshore Trinidad	20-01-09	CI
Columbus Energy Resources plc Provides Update on the Progress of the Saffron Well	19-12-12	CI
Columbus Energy Resources plc Announces Appointment of Tony Hawkins as Chief Executive Officer	19-11-19	CI
Columbus Announces Extension of Inniss Trinity IPSC	19-11-12	CI
Columbus Energy Resources plc announced that it expects to receive £3.519225 million in funding from The Lind Partners, LLC	19-11-10	CI
Columbus Energy Resources plc Provides Update on Saffron Well	19-10-11	CI
Predator Oil & Gas Provides Update on Pilot CO2 EOR Project in Trinidad	19-10-08	CI
Columbus Energy Resources Secures Contract with Staatsolie Maatschappij Suriname N.V for Weg Naar Zee Block	19-10-04	CI
Columbus Energy Resources plc Reports Earnings Results for the Half Year Ended June 30, 2019	19-09-04	CI
Columbus Energy Resources plc Reports Earnings Results for the Full Year Ended December 31, 2018	19-06-03	CI
Columbus Energy Resources plc Announces Production and Sales Results for the Fourth Quarter of 2018	19-01-09	CI
Columbus Energy Mulls Acquisition	18-10-11	CI
Columbus Energy Resources plc Announces Production Results for the Third Quarter of 2018; and Provides Financial Guidance for 2018	18-10-09	CI
Columbus Energy Resources plc Announces Change of Registered Address	18-10-08	CI
Columbus Energy Resources plc Reports Unaudited Group Earnings Results for the Six Months Ended June 30, 2018	18-09-27	CI
Columbus Energy Resources plc Announces Petrotrin Restructuring	18-08-29	CI
Columbus Energy Resources plc Reports Audited Consolidated Earnings and Production Results for the Year Ended December 31, 2017; Reports Production Results for the First Quarter of 2018; Provides Earnings Guidance for the Year 2018	18-06-12	CI
Columbus Energy Mulls Acquisitions	18-06-12	CI

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Company Profile

Columbus Energy Resources plc, formerly LGO Energy plc, is an oil and gas exploration, development and production company. The Company has assets in Spain and Trinidad. The Company's geographic segments include Spain, USA, Trinidad & Tobago, St. Lucia, Cyprus and UK. In Trinidad and Tobago, the Company, through various subsidiaries, holds interests in approximately three producing fields, such as Goudron, Icacos and Bonasse. The Gourdon field lies between the East Moruga and Beach Marcelle fields in south-eastern Trinidad. The Icacos oilfield lies on the Cedros Peninsular in southwest Trinidad. The Bonasse Field is located in the South West Peninsula. It also holds interests in various private petroleum leases. The Company holds interests in the La Lora Production Concession (La Lora), which contains the producing Ayoluengo Oilfield in Northern Spain. It holds interests in a combined acreage of approximately 560 square kilometers adjacent to the Ayoluengo Oilfield.

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