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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: Suite 3123 - 595 Burrard Street
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 nine months ended 30 September 2019, Cruzsur Energy Corp revenues decreased 73% to $1.2M. Net income before extraordinary items totaled $236K vs. loss of $28.3M. Revenues reflect Oil and natural gas revenue decrease of 88% to $531K, Revenue from other Utility Operation decrease of 4% to $718K. Net Income reflects Impairment loss decrease from $25M (expense) to $0K, Foreign exchange loss decrease of 81% to $389K (expense).
Employees: 27 as of Dec 31, 2014
Reporting Currency: U.S. Dollars
Enterprise value: $6.89M as of Sep 30, 2019
Annual revenue (TTM): $2.77M as of Sep 30, 2019
EBITDA (TTM): -$4.80M as of Sep 30, 2019
Net annual income (TTM): -$43.27M as of Sep 30, 2019
Free cash flow (TTM): -$2.29M as of Sep 30, 2019
Net Debt Last Fiscal Year: $0.80M as of Sep 30, 2019
Shares outstanding: 30,175,840 as of Nov 21, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization