Last €1.07 EUR
Change Today 0.00 / 0.00%
Volume 0.0
DHB On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Stuttgart
As of 2:16 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

calvalley petroleum inc - a (DHB) Snapshot

Open
€1.02
Previous Close
€1.07
Day High
€1.07
Day Low
€1.02
52 Week High
05/9/13 - €1.48
52 Week Low
08/6/13 - €0.92
Market Cap
83.4M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
77.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CALVALLEY PETROLEUM INC - A (DHB)

Related News

No related news articles were found.

calvalley petroleum inc - a (DHB) Related Businessweek News

No Related Businessweek News Found

calvalley petroleum inc - a (DHB) Details

Calvalley Petroleum Inc. is engaged in the exploration, development, production, and sale of crude oil and natural gas primarily in Yemen. It principally holds a 50% working interest in the Production Sharing Agreement for Block 9, which includes 2,234 square kilometers of land in the Sayun-Masila basin of Yemen. The company is headquartered in Calgary, Canada.

calvalley petroleum inc - a (DHB) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $525.1K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: $220.4K
Compensation as of Fiscal Year 2012.

calvalley petroleum inc - a (DHB) Key Developments

Calvalley Petroleum Inc. Provides Operational Update

Calvalley Petroleum Inc. provided the following update. The Company has been restoring production activities as crude oil storage capacity is made available. From mid-February, when the facilities at Block 18 were refurbished, to March 31, 2014 the Company has shipped over 170,000 barrels of crude oil (gross) to Block 18. The Company continues to monitor the accessibility of the truck route to Block 51 in order to resume shipments via this route as soon as it is possible to do so. Production activity restarted in mid-February with average gross production for February of approximately 530 barrels per day. Gross production levels increased significantly in March and are currently in the 3,800- 4,000 barrels per day range. Gross production for the first quarter of 2014 is approximately 1,100 barrels per day with average gross production in March reaching over 3,700 barrels per day. Currently the Hiswah field is producing approximately 2,600 barrels per day from 20 producing wells with production of approximately 400 barrels per day available from 4 shut-in wells. The Ras Nowmah 2 well was restarted in early March 2014 and is producing approximately 1,300 barrels per day and the Ras Nowmah South well was restarted in mid-March contributing approximately 90 barrels per day.

Calvalley Petroleum Inc. Reports Audited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Reports Operating Results for the Fourth Quarter and Year Ended December 31, 2013

Calvalley Petroleum Inc. reported audited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported earnings were $6.0 million or $0.08 per share compared to $6.0 million or $0.06 per share in the fourth quarter of 2012. Funds flow from operations was $8.0 million or $0.10 per share compared to $10.5 million or $0.11 per share in the prior year period. Capital expenditures were $2.8 million include the costs of equipment and services for the current year drilling program and are up slightly from $2.0 million in the fourth quarter of 2012. Revenue (gross) was $25.065 million compared to $32.95 million for the same period last year. Revenue from crude oil sales (net of royalties) was $15.707 million compared to $20.651 million for the same period last year. EBITDA was $9.451 million compared to $12.441 million for the same period last year. Operating income was $7.524 million compared to $9.942 million for the same period last year. For the year ended December 31, 2013 earnings were $23.2 million or $0.28 per share compared to $25.7 million or $0.27 per share for the previous year. Cash Flow was $31.2 million or $0.38 per share compared to $35.7 million or $0.38 per share in the prior year period. Capital expenditures were $9.6 million are up 41% from capital expenditure of $6.8 million for 2012. Revenue (gross) was $92.96 million compared to $102.137 million for the same period last year. Revenue from crude oil sales (net of royalties) was $58.264 million compared to $64.023 million for the same period last year. EBITDA was $36.477 million compared to $41.61 million for the same period last year. Operating income was $29.063 million compared to $34.519 million for the same period last year. The company's working interest share of production volumes before royalties and taxes averaged 2,520 barrels per day for the year representing a 4% increase over the 2,430 barrels per day for the 2012. For the year ended December 31, 2013 crude oil exports have averaged 2,330 barrels per day compared to 2,510 barrels per day in the comparable period of 2012. For the fourth quarter of 2013 production volumes were 2,390 barrels per day compared to 2,890 barrels per day in the prior period of 2012. During the fourth quarter of 2013 the Company sold an average of 2,460 barrels per day of crude oil compared to 3,250 barrels per day in the prior period of 2012.

Calvalley Petroleum Inc. Provides Operations Update

Calvalley Petroleum Inc. announced that it has been working with the Ministry Of Oil and other stakeholders to mitigate the impact on production operations and reviewing alternatives for the transportation of crude oil production. The company has received an approval from the Ministry and the operator of Block 18 to access an alternative crude oil transfer location at Block 18 which markets crude oil through the Ras Isa terminal on the west coast of Yemen, pending the restoration of access to the transfer facilities to the Ash Shihr terminal. The facilities at Block 18, which were used by the company prior to the commissioning of the truck off-loading facility at Block 51, have been recently refurbished and tested to facilitate the transfer of crude oil production. The company has started trucking crude oil from its storage tanks to the facility at Block 18, and is planning to resume production operations as crude oil storage capacity becomes available. The company has completed the drilling of the appraisal well at Ras Nowmah South and has moved the drilling rig to the Ras Nowmah 7 appraisal well location. Completion of the Ras Nowmah South well has been deferred until crude oil storage capacity is available and the drilling of the Ras Nowmah 7 appraisal well has been suspended due to constraints on service companies to mobilize equipment in the area.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DHB:GR €1.07 EUR 0.00

DHB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
JKX Oil & Gas PLC 58.00 GBp +0.50
Niko Resources Ltd C$2.23 CAD -0.05
Pan Orient Energy Corp C$1.97 CAD +0.05
Southern Pacific Resource Corp C$0.28 CAD -0.015
TransAtlantic Petroleum Ltd C$9.80 CAD +0.24
View Industry Companies
 

Industry Analysis

DHB

Industry Average

Valuation DHB Industry Range
Price/Earnings 5.1x
Price/Sales 1.9x
Price/Book 0.6x
Price/Cash Flow 3.7x
TEV/Sales 0.5x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CALVALLEY PETROLEUM INC - A, please visit www.calvalleypetroleum.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.