Cuda Oil and Gas Inc.

Cuda Oil and Gas Inc. is pleased to announce that it has entered into an Agreement with the Company's institutional lender to extend the expiration of its 1st and 2nd Loan Facilities with an aggregate principal amount of $43.6 million, from June 26, 2020 and March 31, 2020, respectively, to July 31, 2020. In connection with the extension of the [...]

Cuda Oil and Gas Inc. announces that it intends to rely on blanket exemptions issued by provincial securities commissions due to the COVID-19 outbreak that permit the Company to extend the filing deadline of certain continuous disclosure documents for a period of up to 45 days. The Company intends to rely on the exemptive relief to extend the date [...]

Cuda Oil and Gas Inc. releases the results of its 2019 year-end oil and gas reserves evaluation for Wyoming and Alberta. In 2019, Cuda made significant progress in maturing and developing its major asset, the Barron Flats Shannon Secondary Recovery Unit in the Powder River Basin of Wyoming. Milestones included all regulatory approvals [...]

Cuda Oil and Gas Inc. is pleased to announce a 100% success rate with the wells drilled to date as part of the Company’s ongoing drilling program at its Shannon Secondary Recovery Unit in the Powder River Basin, Wyoming, resulting in higher corporate production. The Company is also pleased to confirm that the reservoir response to the [...]

Cuda Oil and Gas Inc. announces that the Company will issue common shares of the Company in satisfaction of a portion of the interest payable in respect of its outstanding convertible debentures. The Company has outstanding convertible debentures in the principal amount of $1.5 million that bear interest payable semi-annually at a rate of 12% per [...]

Cuda Oil and Gas Inc. is pleased to announce that full scale injection operations have commenced at the Barron Flats Shannon Unit in Converse County, Wyoming. Glenn Dawson, President and Chief Executive Officer of Cuda, stated: “The Company has now moved to a full-scale optimized, gas flood development program at SSRU. For further context, an [...]

Cuda Oil and Gas Inc. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019. The unaudited interim condensed consolidated financial statements and related management’s discussion and analysis are available under the Company’s profile on the SEDAR website at www.sedar.com [...]

Cuda Oil and Gas Inc. is pleased to announce that it has entered into an Agreement with the Company’s institutional lender to extend the expiration of its 2nd Lien Facility from December 31, 2019 to March 31, 2020. In addition, the Lender has agreed to advance funding of $4.5 MM CAD under the 2nd Lien Facility. The capital proceeds will be [...]

Cuda Oil and Gas Inc. is pleased to announce that the Miscible Gas Flood Facility and Central Delivery Point has been commissioned and brought on-line at the company’s Barron Flats Shannon Unit in Converse County, Wyoming. Glenn Dawson, President and Chief Executive Officer of Cuda, stated: “The start-up of the CDP marks another major [...]

Cuda Oil and Gas Inc. is pleased to announce that it has posted a new corporate presentation at www.cudaoilandgas.com.  The presentation provides extensive detail on its strategic focus on its primary assets in the Powder River Basin in Wyoming. Glenn Dawson, President and Chief Executive Officer of Cuda stated: "Our position in the Powder River [...]