Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

CruzSur Energy Corp. (V:CZR)

Business Focus: Oil & Gas Exploration and Production

Log in or join to add this stock to your watch list.
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 three months ended 31 March 2019, Cruzsur Energy Corp revenues decreased 83% to $367K. Net loss decreased 58% to $830K. Revenues reflect Oil and natural gas revenue decrease of 92% to $172K, Revenue from other Utility Operation decrease of 39% to $216K. Lower net loss reflects General and administrative decrease of 60% to $681K (expense), Depletion and depreciation decrease of 78% to $142K (expense), G/L on Invest. HFS.
Employees: 27 as of Dec 31, 2014
Reporting Currency: U.S. Dollars
Enterprise value: $10.79M as of Mar 31, 2019
Annual revenue (TTM): $4.57M as of Mar 31, 2019
EBITDA (TTM): -$4.01M as of Mar 31, 2019
Net annual income (TTM): -$79.76M as of Mar 31, 2019
Free cash flow (TTM): -$5.78M as of Mar 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 28,838,566 as of Jul 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization