Articles On Calima Energy (ASX:CE1)

Calima Energy has had a busy month, with oil production consistently hitting rates above the 4000 bopd mark as it nears completion of its strategic Brooks pipeline with four more wells added to its armoury.

“We are ahead of our goal of having Gemini #5, #6, #7, and Pisces #3 on production by the end of March which will positively contribute to current cash flow and our H1 2022 average production of 4,000-5,000 boe/d,” said CEO.

Calima Energy’s (CE1) pipeline infrastructure is progressing ahead of schedule and on budget at its Brooks project in Alberta, Canada. During February, well maintenance activities and pipeline construction resulted in average production ab...

Another trading day in February, another win for ASX microcaps. The composite Emerging Companies index rose again on Wednesday for its fourth straight winning session, and eighth in the last nine days either side of a -2.56% wobble on Febru...

Calima Energy (CE1) has raised $20 million via an oversubscribed placement of 100 million new fully paid ordinary shares at an issue price of 20 cents per share The placement price represents a 13 per cent discount to the last close price...

“Emerging resource companies succeed with excellent assets and quality management, with the downside protected through a strong balance sheet. This raise will ensure these criteria are met while providing upside to rising energy prices," CE...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Calima Energy (CE1) has entered a trading halt while it plans a capital raise The oil and gas explorer is yet to disclose how much it expects to raise nor how it will spend the money Calima began a drilling program last month at the Brooks...

ASX-listed Calima Energy, which is looking for oil and gas in Western Canada, was fronting investors for a $20 million cash injection this morning.

ShareCafeWebinar Recap – CE1, AUA, PPL & GRV Catch up on the full webinar with presentations from Calima Energy  (ASX: CE1),  Audeara (AUA),  Pureprofile (ASX: PPL)  & Greenvale Mining (ASX: GRV) Webinar Recap – CE1, AUA,...

ShareCafeCalima Energy (ASX: CE1) – Webinar Presentation Mark Freeman – Finance Director – Calima Energy is an environmentally responsible oil and gas producer in western Canada. Calima Energy (ASX: CE1) – Webinar PresentationCompany News

Just days after announcing its half year production targets, Canada-focused oil and gas producer Calima Energy has hit its mark saying its wells have chalked up 4300 barrels of oil equivalent per day.

Canadian oil and gas producer Calima Energy (CE1) hits an average production rate of 4300 barrels of oil equivalent (boe) per day from its operations over January 2022 This production figure is in line with its first-half target of between...

Calima has four wells behind pipe waiting to be tied before the end of the first quarter.

Canada-focused oil producer Calima Energy has closed its books on a very productive 2021 reporting a daily production average of 3182 barrels of oil equivalent, a stunning 30 per cent increase from 2020 levels.

Calima Energy (CE1) sees a 30 per cent increase in average daily production from its Canadian oil and gas operations over the 2021 calendar year compared to the previous 12 months The company says it produced 294,561 barrels of oil equival...

The S&P/ASX200 climbed into the close on Tuesday. Most of the 35 or so point gain (0.5%)  comes off the back of some good, steady central banking, delivered – nay, telegraphed – at 2.30pm when the Reserve Bank (RBA) left the cash rate a...

Success for Calima Energy at its Brooks project in Alberta, Canada has spurred the company into constructing an export pipeline from its new production wells back to its Bantry 2-29 oil handling facility.

The pipeline ensures there is built-in capacity for growth, while reducing the company's transport footprint.

Calima Energy (CE1) enters into an agreement with Pivotal Energy Partners in respect to the financing and construction of a pipeline at its Brooks project area in Canada The company says the pipeline will connect its oil battery in the no...

The pace of activity at Calima Energy’s Alberta operations has not slowed, with two wells being drilled, a third in its final stages and early oil shows while flowing back frac fluid from yet another two wells.

“With the continued production increases being seen on Leo 1-3 combined with Pisces 1&2 now on production, we are pleased to be taking advantage of a growing production base in a rising energy super cycle," says CEO.

Canadian-based oil producer Calima Energy is moving northward at its Thorsby project, spudding the fourth of its high impact unconventional Leo wells as it chases the productive Sparky Formation in Canada.

Calima Energy (CE1) adds a high impact unconventional oil well, Leo #4, to its drilling program at the Greater Thorsby Area at North Thorsby in Canada Leo #4 is an oil well at North Thorsby and spudded last week and is prospective for the...

“North Thorsby is a new development area for the company and Leo #4’s level of success will potentially open up additional reserves to book and subsequently develop,” says CEO.

Calima’s assets in Alberta (Brooks and Thorsby) are a de-risked asset base with existing wells and booked reserves with extensive 3D seismic.

Calima Energy has wasted no time in chasing a new Canadian payzone, announcing it will be drilling two horizontal wells to drain the newly identified Sunburst Formation at its Brooks project in Alberta.

“Historically, our Sunburst type curve represents some of the best single well economics in our inventory. These wells are quick to drill and complete without requiring any fracture stimulation," says CEO.

A new play has opened up for Calima Energy after a successful test well yielded the presence of its target Sunburst formation in a relatively underexplored region of its core Brooks project area in Canada.

Calima Energy’s (CE1) Gemini #5 sunburst well reaches total depth and the rig has been released at its Brooks project in Canada The company says the purpose of this well was to prove the presence of sunburst formation and aid in the geolog...

Gemini #5 represents the first Sunburst well of the new year and was spudded on January 9, 2022.

Calima Energy has completed drilling the final Pisces well at its Brooks project in Canada, with a fracking crew due shortly for a multi-stage fracturing program of all three recently drilled Pisces wells.

Calima Energy’s (CE1) Pisces #3 Glauconitic well at its Brooks site in Canada reaches total depth and the rig has been released The Pisces #3 Glauconitic well was spudded on January 2, 2022, and was released on January 8 after it was drill...

“The drill costs to date are on budget. The rig has been released from Pisces #3, and we are now preparing for the multi-stage frac of #3 in February 2022," says CEO.

Calima Energy’s active start to the New Year in Canada has continued with the company spudding a new Pisces well on its Brooks field and starting multi-stage frac operations on two other 2021 Pisces wells.

Ouch. The ASX has closed the third trading day of the year with a melt down of 2.74%. The Australian sharemarket has suffered its biggest one-day fall in 16 months, since 4 September 2020. The selling has been widespread with every sector...

Calima Energy (CE1) commences its initial 2022 oil and gas drilling campaign at its Brooks site in Canada The program comprises the multi-stage fracture stimulation of two wells at Brooks and the drilling of an additional third Glauconitic...

The company is expecting the first two Pisces wells to produce at their full potential by late February or early March 2022, providing a significant increase in total production by the end of the first quarter 2022.

Calima Energy has produced some positive production figures from its latest frac campaign for the three Leo wells at its Thorsby project in Canada and is now on track to reach its February production target.

Calima Energy (CE1) has updated the market on its end of year production for the three Leo wells in Canada During mid-December, production levels exceeded 3,800 barrels of oil equivalent (boe) per day, well on the way to achieving Calima’s...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

Two of the three wells have achieved excellent run times and production results, with the third well requiring additional work to optimize, which is not unusual when drilling extended wells.

Canadian oil producer Calima Energy has set a cracking pace at its core Brooks project in Canada, successfully drilling two horizontal wells that are expected to boost the company’s new year production.

“Oil and gas shows and reservoir analysis indicate that the wells should be significant additional producers to add to the company’s existing production,” says Calima CEO and president Jordan Kevol.

Calima Energy has completed its first Pisces oil well at its core Brooks field in Alberta Canada. According to the company, everything went according to plan and the well was drilled in only six days.

Calima’s geological team was pleased with the nature of the oil and gas shows in the first well (Pisces #1) while drilling.

Calima Energy has commenced drilling a two well horizontal glauconitic drilling campaign at its Brooks project in Alberta. The glauconitic wells are expected by the company to deliver between 170 to 400 Mboe.

“I am pleased to advise that a two-well drilling campaign targeting the Glauconitic Formation in the Brooks area has commenced. Based upon our extensive drilling knowledge in the area, low geological risk, we are confident these development...

Calima Energy’s three new wells are flowing at the Thorsby oil field in Alberta Canada. First oil from Leo 3 arrived only one week after production commenced. It is currently producing 250boe/d of oil and gas.