Last --
Change Today 0.00 / 0.00%
Volume 0.0
SGI On Other Exchanges
Symbol
Exchange
Venture
All times are local (Market data is delayed by at least 15 minutes).

sagres energy inc (SGI) Snapshot

Open
--
Previous Close
--
Day High
--
Day Low
--
52 Week High
-- - --
52 Week Low
-- - --
Market Cap
--
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
0.0
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SAGRES ENERGY INC (SGI)

Related News

No related news articles were found.

sagres energy inc (SGI) Related Businessweek News

No Related Businessweek News Found

sagres energy inc (SGI) Details

Sagres Energy Inc., through its subsidiaries, is engaged in exploring, developing, and producing conventional and non-conventional oil and gas reserves. Its properties include oil and natural gas concessions in Colombia; and a producing oil and natural gas property in Canada. The company is based in Calgary, Canada.

sagres energy inc (SGI) Top Compensated Officers

Interim President
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

sagres energy inc (SGI) Key Developments

Sagres Energy Inc.’s Listing To Be Transferred To NEX From TSX Venture Exchange Tier 2

In accordance with TSX Venture Policy 2.5, Sagres Energy Inc. has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective on December 17, 2013, the company's listing will transfer to NEX, the company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX. As of December 17, 2013, the company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies. Further to the TSX Venture Exchange Bulletin dated September 12, 2013, trading in the company's securities will remain suspended. Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.

Stetson Oil & Gas Ltd. Announces Termination of Farm-Out Agreement With Sagres Energy Inc

Stetson Oil & Gas Ltd. has terminated the farm-out agreement entered into with Sagres Energy Inc. related to LLA11, a 126,494 acre block located in the Llanos Basin of Columbia, a mature and prolific basin in the foreland of the Colombia Andes close to the giant Cano Limon Oil Field. Stetson successfully acquired the Block in June 2010 through a bidding round organized by the Agencia Nacional de Hidrocarburos of Colombia. As per the terms of the Agreement, Stetson farmed out 90% interest in the block to a subsidiary of Sagres in exchange for retaining a 10% carried interest during the exploration phase, which consisted of a minimum expenditure of USD 9 million over a period of 36 months. Stetson has recently identified several violations and breaches of representations and warranties contained in the Agreement primarily as a result of the financial standing of Sagres and the work program and obligations not being fulfilled. Stetson has submitted a letter to Sagres identifying the various breaches and noting the termination of the Agreement. As a result of the termination of the Agreement Stetson now holds a 100% interest in the Block.

Sagres Energy Inc. Announces Management Changes

Sagres Energy Inc. announced that the Jaime Lalinde has resigned as chief executive officer of the company and Neil has resigned as corporate secretary. The company also reported that Maurice Colson, Ahmed Said and Scott Moore have resigned from the board of directors of the company.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SGI:CN C$0.00 CAD 0.00

SGI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for SGI.
View Industry Companies
 

Industry Analysis

SGI

Industry Average

Valuation SGI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 19.5x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SAGRES ENERGY INC, please visit --. 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.