Stockle - the stock oracle

CANARGO ENERGY CORP

US:CANRQ
No current share price held for this company.

Past year: ▼ 90%(0.30c – 5.00c USD)

Market cap
—
Shares on issue
—
Story beats
38 since 2001
Last event
14 Jan 2010

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

12 July 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

12 July 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

28 June 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

22 June 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

22 June 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

9 June 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

3 June 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

31 May 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

26 May 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

26 May 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

11 May 2005director interest notice● Neutral

Battey Richard John became a CANARGO ENERGY CORP Chief Financial Officer and company insider (initial ownership filing).

Discuss in chat

10 May 2005late filing notice▼ Bad

CANARGO ENERGY CORP notified the SEC that its quarterly report would be filed late.

Discuss in chat

9 May 2005drilling progress report● Neutral

On May 9, 2005 CanArgo furnished a press release with a general drilling update and a link to its annual general meeting presentation and webcast. The filing itself gives no drilling results or figures; they sit in the press release exhibit, which is not reproduced here.

Discuss in chat

27 Apr 2005material agreement● NeutralMajor

On April 26, 2005 CanArgo signed a new US$15,000,000 promissory note with Cornell Capital Partners at 7.5% interest, due within 270 days, repayable in cash or from drawdowns under the existing Standby Equity Distribution Agreement (SEDA) of Feb 2004. 25 SEDA advance requests (each at least $600,000) plus one of $305,136.99 and 16,938,558 shares are placed in escrow and released weekly from May 2, 2005 unless CanArgo has paid Cornell in cash, so repaying in cash avoids the share sales. CanArgo can cancel up to 5 advance notices or repay early on 24 hours' notice. The filing says the money gives more flexibility for its Georgia development and appraisal program. This adds to the earlier smaller Cornell note.

Discuss in chat

18 Apr 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

11 Apr 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

8 Apr 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

1 Apr 2005director interest notice● Neutral

CANARGO ENERGY CORP director Nils N Trulsvik disposed of 500,000 shares via option/appreciation-right settlement.

Discuss in chat

1 Apr 2005director interest notice● Neutral

CANARGO ENERGY CORP Chief Financial Officer Charles Vincent Mcdonnell disposed of 600,000 shares via option/appreciation-right settlement.

Discuss in chat

1 Apr 2005director interest notice● Neutral

CANARGO ENERGY CORP President and CEO David Robson disposed of 2,000,000 shares via option/appreciation-right settlement.

Discuss in chat

29 Mar 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

18 Mar 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

14 Mar 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

3 Mar 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

2 Mar 2005securities registration● Neutral

CANARGO ENERGY CORP filed the final prospectus for a registered offering.

Discuss in chat

7 Feb 2005material agreement termination▲ GoodMajor

On February 4, 2005 Ninotsminda Oil Company replaced its May 2004 oil sales contract with Primrose Financial Group with a new one lasting at least 45 months, covering its whole share of Ninotsminda Field output priced at a discount to Brent. It repays Primrose's US$2,300,000 security deposit early; the filing says NOC obtained better commercial terms.

Discuss in chat

31 Jan 2005material agreement▲ GoodMajor

On January 27, 2005 CanArgo's subsidiary Ninotsminda Oil Company signed a day-rate contract with Saipem to drill the M12 appraisal well on the Manavi oil discovery in Georgia to a planned 5,000 metres, with an option for up to two more wells. It replaces an earlier contract with Great Wall Drilling, which CanArgo dropped because of a delay in getting that rig in place; drilling is expected to begin by end of April or early May.

Discuss in chat

31 Jan 2005securities registration● Neutral

CANARGO ENERGY CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

Discuss in chat

27 Jan 2005substantial holder notice● Neutral

State Street Research & Management Company # disclosed a new substantial CANARGO ENERGY CORP shareholding (8.27% of votes).

Discuss in chat

26 Jan 2005securities registration● Neutral

CANARGO ENERGY CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

Discuss in chat