CanCambria Energy Corp.

CanCambria Energy Corp. today announced that the Hungarian Ministry of Energy has selected CanCambria Hungary Kft , the Company's wholly-owned subsidiary, as the successful bidder for the Kiskunhalas Concession Tender Area for hydrocarbon exploration and production, subject to formal documentation and certain other conditions outlined below. The newly awarded Kiskunhalas Concession Area covers an area of 945.9 km² and up [...]

CanCambria Energy Corp. is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC-Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungary's Pannonian Basin. The CC-Ba-E-2 is the first of two initial appraisal wells the Company plans to drill with a planned total depth of 4,000 m. The Company has submitted its drilling application to [...]

CanCambria Energy Corp. is pleased to announce several key senior management changes following its recently oversubscribed private placement and in preparation for appraisal drilling on its 100%-owned Kiskunhalas deep tight gas project in Hungary later this year. Dr. Chris Cornelius announces the following changes, effective March 10th, 2025: Dr. Paul Clarke will be promoted internally to the role of Chief Executive [...]

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CanCambria Energy Corp. is pleased to announce that, following its first tranche closing on January 13, 2025, it has closed the second and final tranche of its non-brokered private placement announced on January 7, 2025 and January 14, 2025. Under the Second Tranche, the Company issued a total of 4,270,000 units of the Company at a price of $0.50 per Unit for aggregate proceeds of $2,135,000. Combined with the First [...]

CanCambria Energy Corp. is pleased to announce that it has closed the first tranche of its non-brokered private placement announced on January 7, 2025 , issuing a total of 5,273,000 units of the Company at a price of $0.50 per Unit for aggregate proceeds of $2,636,500. Each Unit in the Initial Tranche consists of one common share of the Company and one common share purchase warrant, with each such warrant exercisable at a [...]

CanCambria Energy Corp. announces that it intends to issue up to 7,000,000 units of the Company at a price of $0.50 per Unit for gross proceeds of up to $3,500,000 by way of a non-brokered private placement financing . The net proceeds from the Offering are intended to be used to further advance the Company's 100%-owned Kiskunhalas Project in southern Hungary, and for general corporate purposes and working capital. Each [...]

CanCambria Energy is pleased to announce that it has completed its technical evaluation of the Kiskunhalas tight-gas project in Hungary. Paul Clarke, Vice President of Exploration, stated: "We are extremely satisfied with the results of the Kiskunhalas 3D seismic program. This high-quality dataset provides an exceptional image of the deep basin, meeting the expectations we modeled during the 2023 our technical proof of [...]