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CANARGO ENERGY CORP

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

Past year: ▼ 90%(0.30c – 5.00c USD)

Market cap
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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.

23 Oct 2007drilling progress report▼ BadMajor

The Kumisi #1 well in Georgia is being plugged and abandoned after tests of Eocene sandstones gave water and non-commercial gas. The company says a large gas prospect may still exist in the structure and results will be reviewed. This ends the Kumisi well the company had planned. At Manavi M12, Schlumberger told the company it cannot mobilise the fracture equipment before end of October or early November, so stimulation slips from the late-September plan to November.

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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.

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