7 Jan 2022listing compliance notice▼ BadMajor
WEST CANYON ENERGY CORP. suspended its duty to file periodic reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Feb 2018substantial holder notice● Neutral
Virtu Americas LLC reported a WEST CANYON ENERGY CORP. shareholding of 1,560,599 shares (7.03% of votes) in a periodic institutional filing.
8 Feb 2017substantial holder notice● Neutral
KCG Americas LLC reported a WEST CANYON ENERGY CORP. shareholding of 1,369,271 shares (6.17% of votes) in a periodic institutional filing.
11 Feb 2016substantial holder notice● Neutral
KCG Americas LLC reported a WEST CANYON ENERGY CORP. shareholding of 559,561 shares (2.52% of votes) in a periodic institutional filing.
12 Feb 2015substantial holder notice● Neutral
KCG Americas LLC disclosed a new substantial WEST CANYON ENERGY CORP. shareholding (5.02% of votes).
14 Nov 2012quarterly activities report▼ Bad
WEST CANYON ENERGY CORP. reported quarterly revenue of $0 and a net loss of $62 thousand for the period ended 2012-09-30.
28 Sept 2012late filing notice▼ Bad
WEST CANYON ENERGY CORP. notified the SEC that its annual report would be filed late.
15 May 2012quarterly activities report▼ Bad
WEST CANYON ENERGY CORP. reported quarterly revenue of $0 and a net loss of $65 thousand for the period ended 2012-03-31.
13 Feb 2012quarterly activities report▼ Bad
WEST CANYON ENERGY CORP. reported quarterly revenue of $0 and a net loss of $91 thousand for the period ended 2011-12-31.
14 Nov 2011quarterly activities report▼ Bad
WEST CANYON ENERGY CORP. reported quarterly revenue of $0 and a net loss of $54 thousand for the period ended 2011-09-30.
28 Sept 2011late filing notice▼ Bad
WEST CANYON ENERGY CORP. notified the SEC that its annual report would be filed late.
20 May 2011quarterly activities report▼ Bad
WEST CANYON ENERGY CORP. reported quarterly revenue of $0 and a net loss of $312 thousand for the period ended 2011-03-31.
16 May 2011late filing notice▼ Bad
WEST CANYON ENERGY CORP. notified the SEC that its quarterly report would be filed late.
18 Feb 2011quarterly activities report▼ Bad
WEST CANYON ENERGY CORP. reported quarterly revenue of $0 and a net loss of $77 thousand for the period ended 2010-12-31.
14 Feb 2011late filing notice▼ Bad
WEST CANYON ENERGY CORP. notified the SEC that its quarterly report would be filed late.
6 Dec 2010asset acquisition disposition● NeutralMajor
On December 1, 2010 the company completed the sale of its subsidiary PetroSouth Energy Corp. BVI, including the Talora block interest but excluding Buenavista, to Petrodorado Energy for $1.5 million, all advanced when the October 27, 2010 letter agreement was signed. This disposes of the assets acquired in the October 2007 BVI deal. The filing also says the Carbonera sale to Delavco closed October 2, 2009 for $750,000. After the sales the pro forma balance sheet shows the company still holding Unproved Interest of $2,243,680 and 21,206,667 shares outstanding at September 30, 2010 (a much lower count than before, consistent with a split).
16 Nov 2010quarterly activities report▼ Bad
WEST CANYON ENERGY CORP. reported quarterly revenue of $0 and a net loss of $77 thousand for the period ended 2010-09-30.
15 Nov 2010late filing notice▼ Bad
WEST CANYON ENERGY CORP. notified the SEC that its quarterly report would be filed late.
29 Sept 2010late filing notice▼ Bad
WEST CANYON ENERGY CORP. notified the SEC that its annual report would be filed late.
2 Dec 2009director interest notice● Neutral
Felipe Pimienta Barrios became a WEST CANYON ENERGY CORP. company insider (initial ownership filing).
17 Nov 2009late filing notice▼ Bad
WEST CANYON ENERGY CORP. notified the SEC that its quarterly report would be filed late.
29 Sept 2009late filing notice▼ Bad
WEST CANYON ENERGY CORP. notified the SEC that its annual report would be filed late.
25 Sept 2009capital raising announcement▲ GoodMajor
On September 22, 2009 the company agreed to sell its 6% Carbonera interest, bought in October 2007 for US$420,000, to Delavco Energy Colombia for $750,000, subject to conditions; its CFO Pimienta is also a consultant to Delavco. It also issued Stealth Energy Ventures a $1,050,000 promissory note at 9% to settle a $1,956,250 debt, repayable $450,000 on the Carbonera sale (by November 1, 2009) and $600,000 on a Buenavista sale (by May 31, 2010). This settles part of the Stealth debt for less than owed. The Buenavista sale agreed in September 2008 is still described as a future disposition, so it appears not to have closed (inference).
3 Apr 2009capital raising announcement● Neutral
Effective March 23, 2009 the company replaced the 500,000 shares issued to Felipe Pimienta Barrios on January 29, 2009 with 100,000 shares, saying the original were meant to be post-split shares and have been cancelled. This reduces his award and implies a share split took place; the filing gives no split ratio.
30 Jan 2009material agreement● Neutral
On January 29, 2009 the company signed an employment agreement with CFO and director Felipe Pimienta Barrios at $4,000 a month for twelve months from December 1, 2008, and issued him 500,000 shares. It also extended its Summit Consulting agreement (Shane Reeves's) to December 31, 2009. This adds share issuance and ongoing management costs.
19 Sept 2008material agreement▲ GoodMajor
Effective September 16, 2008 the company agreed to sell its 16% Buenavista interest in Colombia to Delavaco Energy for $4,000,000, of which $200,000 has been paid. The remaining $3,800,000 is due 30 days after a Delavaco liquidity event or by December 31, 2008, whichever is earlier, and the interest reverts to the company if it is not paid. Closing is subject to conditions the company says may not be met.
19 Sept 2008director interest notice● Neutral
Shane Richard Reeves became a WEST CANYON ENERGY CORP. President/Chairman and company insider (initial ownership filing).
29 July 2008capital raising announcement● NeutralMajor
Effective July 2, 2008 the company signed a consulting agreement with Summit Consulting Limited for Shane Reeves to serve as president and director, at $8,000 a month plus 500,000 shares on signing and 500,000 on each annual renewal. 500,000 shares were approved for Reeves on July 22, 2008. Reeves signs the filings from here on in place of Fred Zaziski (inference: he has replaced Zaziski as president; the filing does not mention Zaziski).
30 June 2008capital raising announcement▼ Bad
On June 23, 2008 the company approved issuing 1,500,000 shares to directors, officers and staff for services instead of cash. This adds shares to the count without bringing in cash.
26 June 2008asset acquisition disposition● Neutral
On June 16, 2008 the company assigned its farmout agreement with Transco Oil & Gas and the 25% interest in the North Semitropic Prospect in Kern County, California to Cobra Oil & Gas for $34,000. This ends the California prospect it took on in February 2008; the filing does not say whether a test well was drilled. (The 25% figure differs from the farmout terms in the earlier context, and the filing does not explain why.)