Last C$0.24 CAD
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As of 11:31 AM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

caiterra international energ (CTI) Snapshot

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52 Week High
07/14/14 - C$0.40
52 Week Low
11/14/13 - C$0.02
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Average Volume 10 Days
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caiterra international energ (CTI) Details

Caiterra International Energy Corporation is engaged in the exploration and development of petroleum and natural gas assets in Canada. It holds interests in the Amadou project covering 1,920 acres; the Lac La Biche project covering 1,920 acres; the Faust project covering 30,880 acres located in Alberta; and a total of 135.68 square kilometers of oil and gas leases located in northern and central Alberta. The company was formerly known as Cyterra Capital Corp. and changed its name to Caiterra International Energy Corporation in March 2012. Caiterra International Energy Corporation was founded in 2009 and is headquartered in Vancouver, Canada.

Founded in 2009

caiterra international energ (CTI) Top Compensated Officers

Chairman and President
Total Annual Compensation: C$36.0K
Chief Financial Officer, Secretary, Director ...
Total Annual Compensation: C$54.0K
Vice President of Operations
Total Annual Compensation: C$78.0K
Vice President of Corporate Finance
Total Annual Compensation: --
Total Annual Compensation: C$36.0K
Compensation as of Fiscal Year 2013.

caiterra international energ (CTI) Key Developments

Caiterra International Energy Corporation Announces the Resignation of Craig Robson from the Board of Directors

Caiterra International Energy Corporation announced the resignation from Craig Robson from the Board of Directors of the Company. Mr. Robson will continue as an advisor to the Company going forward.

Caiterra International Energy Corporation Announces the Purchase of Undeveloped Oil and Gas Leases in Alberta

Caiterra International Energy Corporation has entered into an agreement on July 25, 2014 to acquire an undivided 100% beneficial interest in and to a total of 135.68 square kilometers of oil and gas leases located in northern and central Alberta. The agreement was reached between the company and BowRiver Development Canada Ltd. of Calgary, Alberta.

Caiterra International Energy Corporation Announces Board and Management Changes

CaiTerra International Energy Corporation announced that changes and additions have been made to its board of directors and management team as follows: The directors of CaiTerra announced that Mr. Songning Shen, M.Sc., P.Geol, of Calgary, Alberta, has accepted invitations to join the board of directors and assume the position of Chief Executive Officer of the company. Mr. Shen brings years of successful experience in the petroleum industry having first trained in China and later in Norway. His career and early acclaim started in 1986 when working with Bohai Co., he was credited with the discovery of the biggest offshore China oil pool. Upon moving to Canada in 1998, Mr. Shen was employed by Petro-Canada and Nexen, before becoming an oilsands exploration manager for Connacher Oil and Gas Ltd. and oilsands consultant for Koch Exploration Canada LP. In addition, Mr. Steve Deniels of Richmond, B.C. has also agreed to join the company as a director and a member of the Audit Committee. Mr. Deniels brings over 20 years of respected financial management and investment experience in both private and publicly traded companies in China and abroad. Further, a Board of Advisors has been formed to assist the directors and management team in developing and achieving corporate objectives. To this end, Mr. Xiang Pu has volunteered to step down as a director in order to take up the position of Chairman of the Board of Advisors. Management would like to acknowledge and thank Mr. Pu for his insight and contributions to date and looks forward to working with him and his advisory board team in the future.


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