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CruzSur Energy Corp. (V:CZR)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: 595 Burrard St, Suite 3123,
PO Box 49139
Tel: 1-403-2182835
IR: See website
Key People
Ralph Gillcrist
President, Chief Executive Officer, Director
Christopher Donald Reid
Chief Financial Officer
Alan Aitchison
Chief Operating Officer
Francisco Bustillos
Vice President - Corporate Development & Administration
Rafael Orunesu
Vice President - Business Development and Country Manager, Argentina
Business Overview
Cruzsur Energy Corp, formerly Pentanova Energy Corp, is a Canada-based company engaged in the oil and gas sector. The Company is engaged in the exploration and production of hydrocarbons and focuses on oil and gas plays in Latin America. Cruzsur Energy Corp holds a diversified portfolio of producing, development and unexploited assets in Colombia and Argentina, Latin America, which consist of approximately 700,000 gross acres in more than six blocks. Cruzsur Energy Corp explores for gas in Colombia and for oil in Argentina. Cruzsur Energy Corp's blocks in Colombia, include Maria Conchita, Sinu-9 and Tiburon. Cruzsur Energy Corp's blocks in Argentina, include KM8, La Mariposa, Llancanelo and Sur Rio Deseado Este.
Financial Overview
For the six months ended 30 June 2020, Cruzsur Energy Corp revenues decreased 74% to $209K. Net loss totaled $2.4M vs. income of $2.5M. Revenues reflect Oil and natural gas revenue decrease from $420K to $0K, Revenue from other Utility Operation decrease of 51% to $209K. Net loss reflects Gain on Settlement decrease from $5M (income) to $0K, Foreign exchange loss (gain) decrease from $20K (income) to $632K (expense).
Employees: 27 as of Dec 31, 2014
Reporting Currency: U.S. Dollars
Enterprise value: $55.43M as of Jun 30, 2020
Annual revenue (TTM): $1.11M as of Jun 30, 2020
EBITDA (TTM): -$3.50M as of Jun 30, 2020
Net annual income (TTM): -$10.10M as of Jun 30, 2020
Free cash flow (TTM): -$4.40M as of Jun 30, 2020
Net Debt Last Fiscal Year: $3.10M as of Jun 30, 2020
Shares outstanding: 70,452,548 as of Sep 24, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization