On March 30, the Court of King's Bench of Alberta approved the appointment of Breakpoint Advisory Partners LLC as Chief Restructuring Officer (CRO) for Canacol Energy. The restructuring proceedings are being conducted under the Companies' Creditors Arrangement Act (CCAA) in Canada. The company's shares are traded under the tickers CNNEF on the OTCQX and CNEC on the Bolsa de Valores de Colombia.
Major corporations Oracle and Expand Energy have announced significant changes to their executive leadership teams with the appointment of new Chief Financial Officers. Oracle Corporation (ORCL) named Hilary Maxson as its new CFO, where she will report directly to CEO Clay Magouyrk. Meanwhile, Expand Energy…
Read the full storyLycos Energy Inc. has finalized its strategic business combination with Mahikan Oil Corp, acquiring all issued and outstanding common shares. The transaction was executed as an all-share merger, aimed at consolidating energy assets and expanding the company's operational footprint. In conjunction with the merger,…
Canacol Energy Ltd. has officially appointed Breakpoint Advisory Partners LLC as its Chief Restructuring Officer (CRO) following approval from the Court of King's Bench of Alberta. This move is a critical component of the company's ongoing restructuring process under the Canadian Companies' Creditors Arrangement Act…