CONTACT +++ Wie Phönix aus dem Öl +++ - 500 Beiträge pro Seite (Seite 2)

[Hoschibaer]

Antwort auf Beitrag Nr.: 39.320.194 von Schorschi27 am 13.04.10 05:52:51

Dafür haben die so lange gebraucht!Ob das dem Kurs hilft??

[Pirat_Micha]

HALLO !

ALSO ICH DENKE DASS ES SICH POSITIV AUSWIRKEN WIRD, NICHT SOFORT ABER INNERHALB VON 12 MONATEN SOLLTEN DIE EFFEKTE SICHTBAR WERDEN.
VIELLEICHT JETZT BEIM "RESTART" NOCH MAL AKTIEN NACHKAUFEN UM SEINEN EINSTAND ZUSENKEN UM DANN IN 12 ODER 24 MONATEN MIT EINEM BLAUEN AUGE DAVON ZUKOMMEN :-/

pirat

[Schorschi27]

Also ich hoffe auch, dass das neue Management nicht mit eigenem Geld einsteigt, um dieses dann zu verlieren. Die müssen sich ja irgendeine Rendite versprechen und sind gewollt persönlich auch dafür zu arbeiten.
Objektiv muss man aber annehmen, dass CEX ohne das Placement wohl nicht mehr lange durchgehalten hätte ohne sich von Anlagevermögen zu trennen!
Hoffe auch es geht jetzt zumindest langfristig aufwärts.

[DerHerscher]

Ab wann kann ich jetzt wieder was handeln? Weil bei mir geht noch nix?

[contactman]

Leute...locker bleiben! Ich kann mir nicht vorstellen, dass die veröffentlichte Meldung der Grund für die 2wöchige Handelsaussetzung ist...

Beste Grüße. CM.

[kaktus7]

Vielleicht wird der Handel ausgesetzt, bis die neue Finazierung durch ist.

[inthiscase]

Antwort auf Beitrag Nr.: 39.324.102 von contactman am 13.04.10 15:15:43

meinst Du? Was wäre denn noch zusätzlich denkbar. Kann ich mir nur ein JV vorstellen, denn mit der PP Kohle (ca. 3,5 Millionen) lässt sich eigenständig eigentlich nur wenig anfangen. Damit kann man ja gerade mal ein shale gas exploration well bohren. Kann natürlich auch sein, dass ein Großteil der Warrants direkt gezogen wird, dann würde schon etwas mehr Geld zur Verfügung stehen, oder vielleicht haben die ja ne super Idee wie die die Stoney Creek Produktion schnell vervielfachen können... (the New Management Team expects to initially focus on
increasing production from the Stoney Creek oil field) aber was können die sonst schon machen was das alte MM nicht konnte?

Das Ganze ist ein Neustart und groß unter 0,10 CAD sollte es nicht gehen, wenn die neuen Manager zu 0,08, 0,12 und 0,13 einsteigen. Die Verwässerung für uns "Altaktionäre" ist aber enorm. Gibt ja dann ca. 150 Millionen Aktien fully diluted.

Können wir nur hoffen, dass die jetzt ihre Ziele erreichen:

The New Board and the New Management Team believe that Contact has assets and exploration
potential that will require new funding and new technical expertise to be effective in unlocking their
value. The current market conditions and increasing interest in Atlantic Canadian onshore oil and gas
exploration create a compelling entry point for the New Board and the New Management Team.

Ansonsten bleibt ja erstmal nicht viel als weiter abzuwarten, denn:

Trading of Contact shares remains halted pending receipt and review by the Exchange of
acceptable documentation regarding the proposed Transactions.

[Schmitt911]

Jedenfalls haben es die amerikanischen
Großkotze in Verbindung mit "German stupid
money" einmal mehr geschafft das Kapital
zu verbrennen.

[sparfuchs63]

Diesen Artikel habe ich bei im Contact-Forum bei www.Stockhouse.com gefunden.


Oil: Junior firm plans to focus on increasing Stoney Creek's production
B1
REBECCA PENTY
Telegraph-Journal

A dearth of financing has moved Contact Exploration Inc. (TSX.V:CEX) to reorganize, bringing in a new management and board with the know-how and cash to expand operations.

“This whole transaction is designed to try to bring the real value into the stock,’ says current Contact Exploration Inc. president and CEO Darcy Spady.

The Calgary-based junior oil and gas firm, which produces oil in New Brunswick, has entered into an agreement with its proposed future president, CEO and director Steve Harding to reorganize the company with an infusion of capital of up to $3.5 million.

The firm's current president and CEO Darcy Spady said the move, which needs to be approved by a majority of shareholders, will allow the company to expand its oil production and pursue new opportunities in New Brunswick and Newfoundland.

"Ever since the economic downturn, us juniors have been hammered," Spady said in an interview from Calgary on Tuesday.

"We just can't get our stock price up enough to drill. You need to raise money to drill wells. Little guys can't drill off cash flow," he added.

"This whole transaction is designed to try to bring the real value into the stock."

A lot of the $3.5 million comes from the new management, Spady said.

"I think it's fair to say these guys are really excited about the oil side of the equation."

Contact Exploration's operations at the Stoney Creek oil field near Moncton, which Spady said are valued at $54 million in a reserve report, have been hampered by a lack of cash due to a low stock value.

"And at 10 cents (per share), we were trading at $6 million of value," he said, referring to the value of the resource.

The new management plans to focus on increasing production at Stoney Creek as well as monitoring drilling at Parsons Pond, N.L., where the company holds a five per cent carried interest.

The firm also intends to review shale gas opportunities on leases held in New Brunswick.

The recapitalization of junior firms has become an industry trend as cash-strapped companies look to bring in capital.

Spady pointed to recent moves by several Canadian companies, including Glamis Resources Ltd. (now Legacy Oil and Gas Inc.), Zapata Energy Corp., and Eagle Rock Exploration Ltd. (now Wild Stream Exploration Inc.).

Legacy Oil and Gas was able to graduate the firm from the Toronto Stock Exchange's Venture Exchange to the full-fledged exchange and Wild Stream Exploration boasts it has substantially increased its reserves and value.

For Contact Exploration, the new management and directors hail from such oil and gas firms as American Exploration Corp.; Amarone Oil and Gas Ltd; Fairbourne Energy Inc.; and Seven Generation Energy Ltd.

If the changeover is approved, Spady said he will leave Contact Exploration but will continue working in New Brunswick as a director of Fredericton's Green Imaging Technologies Inc. and in other endeavours, offering no more details.

He said garnering the interest of a "dream team" of managers and directors for Contact Exploration bodes well for the province.

"It's just a sign that the little old New Brunswick oilpatch is getting a bit of maturity."

[inthiscase]

na habt ihr alle geschlafen???
Hab es selbst aber auch erst gesehen, da ich unterwegs war...

Issuer Name: Contact Exploration Inc.
TSX-V Ticker Symbol: CEX
Resumption Time: 2:15 pm EST

das ging ja nach Wiederaufnahme fett ab!



leider konnten wir in Deutschland nicht mithandeln, dafür wird's Montag spannend. Die ,20 wurden unter hohem Volumen angekratzt, aber nicht genommen.
Wer diese Woche CDH und TPLM beobachtet hat, der hat gesehen wie die Region in der die explorieren im Moment gefragt ist.

Wie es jetzt für CEX kursmäßig weitergeht lässt sich nur ganz schwer sagen, die Anzahl der shares ist ja nicht mehr vergleichbar. Dafür ist die Insolvenzgefahr abgewendet, es kann wieder gebohrt werden und es gibt ein komplett neues Management. D.h. dass jetzt wieder ein wenig Phantasie zurückkehrt...

[sparfuchs63]

In Canada wurde heute wieder gehandelt.
Schlußkurs 0,17 CAD + 30,8 % über 3,0 Mio gehandelte Aktien

Hoffentlich war das kein Strohfeuer und die Aktie hat wirklich Zukunft.

Schönes Wochenende

[Hoschibaer]

Antwort auf Beitrag Nr.: 39.354.460 von inthiscase am 16.04.10 22:14:46

Das sieht doch schon mal ganz gut aus und mit der Phantasie muß ich dir recht geben! Das neue Management hat auch kein Geld zu verschenken! Hoffen wir das sie mehr Glück haben wie die Alten!
Mfg.H.

[GuenterNetzer]

Beachtet vor allem das Volumen in Kanada. Das ist doch schon mal ein Anfang und ich habe schon lange gesagt, dass wir ohne Volumen hier gar nichts sehen werden...

Was aber noch viel spannender ist...mit welchen NEWS wird CONTACT als nächstes rauskommen? Produktionssteigerungen? Neue Vorkommen? Weitere Kapitalpartner?

Ich tippe auf weitere Kurssteigerungen heute Abend in Kanada...

GN

[Hoschibaer]

Antwort auf Beitrag Nr.: 39.359.253 von GuenterNetzer am 19.04.10 09:48:39

Ab wann kann den wieder bei uns gehandelt werden?

Mfg.H.

[dreigeh]

Antwort auf Beitrag Nr.: 39.362.506 von Hoschibaer am 19.04.10 17:50:48

warum sollte bei uns nicht gehandelt werden können ??

[kaktus7]

Apr 22/10 Apr 19/10 Jivraj, Salim Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $0.145
Apr 22/10 Apr 15/10 Jivraj, Salim Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $0.150
Feb 23/10 Feb 22/10 Jivraj, Salim Direct Ownership Common Shares 10 - Disposition in the public market -42,500 $0.100
Feb 23/10 Feb 19/10 Jivraj, Salim Direct Ownership Common Shares 10 - Acquisition in the public market 37,000 $0.115
Feb 23/10 Feb 19/10 Jivraj, Salim Direct Ownership Common Shares 10 - Acquisition in the public market 5,500 $0.110


Herr Salim weiß wohl nicht, was er will.
Erst kauf er und verkauf alles mit Verlust.
Dann kauft er wieder zu einem höhern Preis.

[contactman]

Antwort auf Beitrag Nr.: 39.390.802 von kaktus7 am 23.04.10 12:51:51

Salim salabim...

Schönes Wochenende. CM.

[oderfnam]

Antwort auf Beitrag Nr.: 39.394.333 von contactman am 23.04.10 20:44:22

huj das geht ab, wissen wir etwas noch nicht ?
Jedenfalls:
Contact bittet um die Bestätigung der Aktionäre zur Kapitalerhöhung via consent form, siehe:
http://www.contactexp.com/index.htm

[inthiscase]

Antwort auf Beitrag Nr.: 39.394.942 von oderfnam am 23.04.10 22:58:17

heute wieder schöne Umsätze. Wahrscheinlich wissen wir wirklich noch nicht alles und es gibt noch irgendeine andere Sache die bald bekanntgegeben wird. Das ist die eine Theorie, die andere wäre, dass man noch Stimmen für den "consent" zusammenkaufen muss. (das halte ich aber für unwahrscheinlicher) Solange der Kurs steigt lasse ich mich aber gerne überraschen

[kaktus7]

Fängt ja gut an!

0,165 in Toromto!

[GuenterNetzer]

Es stehen die ersten NEWS unter dem neuen Management an...

GN

[Hoschibaer]

Antwort auf Beitrag Nr.: 39.446.180 von GuenterNetzer am 03.05.10 17:04:36

Wie kommst du darauf das News anstehen?

Hb

[GuenterNetzer]

Weil ich mich informiert habe...

GN

[GuenterNetzer]

Vielleicht achtet Ihr mal darauf, wie in den letzten Tagen gehandelt wird...heute schon das dritte Mal, dass der Marktpreis mit 198 K Stücken auf tradegate gehandelt wird...

GN

[kaktus7]

Antwort auf Beitrag Nr.: 39.447.966 von GuenterNetzer am 03.05.10 21:08:17

"Weil ich mich informiert habe..."

Jetzt hast du gegackert, jetzt lege bitte auch.

Was hat man dir denn mitgeteilt, und vor allem wer?????

[kaktus7]

Ein optimistischer Insider.

Wie schön

May 05/10 May 05/10 Jivraj, Salim Indirect Ownership Common Shares 10 - Acquisition in the public market 20,000 $0.135
Apr 30/10 Apr 30/10 Jivraj, Salim Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $0.150

[Hoschibaer]

Antwort auf Beitrag Nr.: 39.468.262 von kaktus7 am 06.05.10 13:02:28

Die alten müßen ihre otionen zurück geben!

Contact Exploration Inc. (CEX) As of May 7th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
May 07/10 May 07/10 Spady, Darcy Direct Ownership Options 38 - Redemption, retraction, cancellation, repurchase -250,000
May 07/10 May 07/10 MacDonald, Edwin Direct Ownership Options 38 - Redemption, retraction, cancellation, repurchase -300,000
May 07/10 May 07/10 Brown, Terry J. Direct Ownership Options 38 - Redemption, retraction, cancellation, repurchase -200,000
May 05/10 May 05/10 Jivraj, Salim Indirect Ownership Common Shares 10 - Acquisition in the public market 20,000 $0.135
Apr 30/10 Apr 30/10 Jivraj, Salim Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $0.150
Apr 22/10 Apr 19/10 Jivraj, Salim Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $0.145
Apr 22/10 Apr 15/10 Jivraj, Salim Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $0.150

[inthiscase]

weil's noch niemand sonst reingestellt hat. Neuanfang ist somit so gut wie durch (TSX approval fehlt noch, dürfte aber nur Formsache sein)

Contact Exploration Announces Final Closing of Private Placement
5/11/2010 4:31:11 PM - NFD

CALGARY, ALBERTA, May 11, 2010 (Marketwire via COMTEX News Network) --
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

Contact Exploration Inc. ("Contact" or the "Corporation") (TSX VENTURE:CEX). Further to its news release dated May 7, 2010, Contact is pleased to announce a final closing of its non-brokered private placement for aggregate gross proceeds of $1,260,500 (the "Final Closing"). Combined with the previous closings, the aggregate funds raised total $3,500,000. In connection with the first closing of the Private Placement announced on May 7, 2010, a new management team is now in place for the Corporation.

The aggregate gross proceeds of $1,260,500 was raised through the issuance of 15,756,250 units (the "Units") of Contact at a price of $0.08 per Unit. Each Unit is comprised of one common share and one warrant (a "Warrant"). Each Warrant entitles the holder thereof to purchase one common share at a price of $0.12 for a period of 24 months from the date of issuance.

In connection with the Final Closing of the Private Placement, Contact paid finder's fees in the amount of $126,050 via the issuance of 1,575,625 Units and issued 1,575,625 finder's warrants ("Finder's Warrants"). The Finder's Warrants have the same terms and conditions as the Warrants.

All of the securities, including the Finder's Warrants issued pursuant to the Final Closing, are subject to a four month hold period that will expire on September 11, 2010. Contact has received conditional TSX Venture Exchange ("TSXV") acceptance for the Private Placement but it remains subject to final TSXV approval.

The gross proceeds of the Private Placement will be used to further develop Contact's Stoney Creek oil field in New Brunswick, as well as continued exploration and development.

The new management team is headed by Steve Harding, President and Chief Executive Officer, Ian Thomson, Chief Financial Officer, and Raymond Sully, Chief Operating Officer and Corporate Secretary. The new board of directors is comprised of Steve Harding, Don C. Stachiw, Scott Hadley and Steve Haysom.

The appointment of the new management team and board of directors remains subject to final approval by the TSXV.

[the_view]

Moin!

Hat jemand Interesse an 5k zu 0,103? Liegen in Frankfurt

[Pirat_Micha]

...

ne aber Contact wird seinen Weg schon machen ;-)

[glorianer]

Erfassung nicht möglich: Kurs ausgesetzt

[glorianer]

Antwort auf Beitrag Nr.: 39.715.516 von glorianer am 21.06.10 18:52:13

Börse München

[inthiscase]

heute schon wieder nen größerer Block an der TSX verschoben, wie schon in den letzten Tagen. Bin mal gespannt wie das in den nächsten Tagen weitergeht...

[kaktus7]

Da ist garantiert was im Busch.
Solche Umsätze gab es lange nicht mehr.

[kaktus7]

Wenn ich mich nicht täusche gabs gerade einen Umsatz sin 170.000 Stücken!

http://de.advfn.com/p.php?pid=qkchart&cb=1261062100&symbol=T…

[Pirat_Micha]

Antwort auf Beitrag Nr.: 39.746.222 von kaktus7 am 28.06.10 15:42:42

ja und 720,000 liegen noch zum Verkauf bereit !

Datum / Zeit Kurs Volumen
28.06.2010 15:30:00 M 0,1400 140.000
28.06.2010 15:30:00 M 0,1400 40.000
28.06.2010 15:30:00 0,1400 0

[glorianer]

STOCK INFO
FINANCIALS
N151 -101 ENG REPORT



Alle Zahlen sind ungefähre Werte als der 27. Mai 2010 .




PRESSEMITTEILUNGEN


Contact Exploration Inc.
Suite 400, 510 5th Street SW
Calgary , AB, Kanada
T2P 3S2

Ph: 1 [phone]
Fax: [phone]
Stock Quote :


TSX Venture - CEX.V


Frankfurt - C9N
Stock Quote :


TSX Venture - CEX.V


Frankfurt - C9N
Aktuelle ausgegebene und ausstehende Aktien 110.868.385




Ausstehende Optionen 8.600.000


Warrants ausübbar bei $ 0,95


Auslaufende Juni 2010 8.855.000


Warrants Ausübungsfähig 0,12 $


Auslaufende Mai , 2012 52,5000,000
Proforma Vollständig verwässerte Aktie Structure 180.823.385

HOME
Investor Info
PRÄSENTATION
CORPORATE INFO
KONTAKT
PROJEKTE
PRESSEMITTEILUNGEN
STOCK INFO
FINANCIALS
N151 -101 ENG REPORT



Alle Zahlen sind ungefähre Werte als der 27. Mai 2010 .




PRESSEMITTEILUNGEN


Contact Exploration Inc.
Suite 400, 510 5th Street SW
Calgary , AB, Kanada
T2P 3S2

Ph: 1 [phone]
Fax: [phone]
Stock Quote :


TSX Venture - CEX.V


Frankfurt - C9N
Stock Quote :


TSX Venture - CEX.V


Frankfurt - C9N
Aktuelle ausgegebene und ausstehende Aktien 110.868.385




Ausstehende Optionen 8.600.000


Warrants ausübbar bei $ 0,95


Auslaufende Juni 2010 8.855.000


Warrants Ausübungsfähig 0,12 $


Auslaufende Mai , 2012 52,5000,000
Proforma Vollständig verwässerte Aktie Structure 180.823.385

HOME
Investor Info
PRÄSENTATION
CORPORATE INFO
KONTAKT
PROJEKTE
PRESSEMITTEILUNGEN
BID Orders Volume Price Range
7 263,000 0.110-0.135
ASK Price Range Volume Orders
0.150-0.175 284,000 9

[kaktus7]

Antwort auf Beitrag Nr.: 39.761.449 von glorianer am 01.07.10 08:56:44

Warum der fröhliche Smiley???

Erklär doch mal bitte.

[glorianer]

Antwort auf Beitrag Nr.: 39.761.595 von kaktus7 am 01.07.10 09:18:27

Auslaufende Juni 2010 8.855.000


heute 01.07.2010

umtausch beendet

[kaktus7]

Antwort auf Beitrag Nr.: 39.761.707 von glorianer am 01.07.10 09:32:12

Sorry, ich steh grad auf der leitung.

Ist das jetzt gut oder schlecht?
und warum?

[glorianer]

Antwort auf Beitrag Nr.: 39.762.001 von kaktus7 am 01.07.10 10:09:57

BID Orders Volume Price Range
7 263,000 0.110-0.135
ASK Price Range Volume Orders
0.150-0.175 284,000 9


beachte doch bitte das orderbuch!!!

der verkaufsdruck ist runter


ask von 1,4 m runter auf 284k bis 0,175

OK

nächster tausch 2012 !!!!

Auslaufende Mai , 2012 52,5000,000

[oannes]

Was ist das für eine Geschichte mit den 20 000 shares Umsatz die letzten Wochen?
Jemand 'ne Ahnung?

[kaktus7]

Contact Announces Significant Oil and Gas Reserves Value Increase,
Year End Filings and Appointment of a New Director
CALGARY, ALBERTA, Jul. 29, 2010 (Marketwire) -- Contact Exploration Inc. ("Contact" or the "Corporation") (TSX VENTURE:CEX) is pleased to announce the results from the March 31st, 2010 year-end evaluation of its oil and gas assets as assessed by the independent firm of Martin & Brusset Associates of Calgary, as well as the filing of year-end documents on SEDAR. Furthermore, Contact is pleased to welcome Bruce Allford to its Board of Directors, who will also serve as Corporate Secretary.

Petroleum Reserves Evaluation

The reserves estimated are net values before tax and after royalties and were established in accordance with National Instrument 51-101 of the Canadian Securities Administrators. Contact's reserves include the 100% working interest Stoney Creek Field in New Brunswick (approximately 99% of Contact's reserves) and oil producing wells in Stoughton, Saskatchewan.

Highlights include:

-- Net Proved oil reserves increased in 2010 by 119% above reserve volumesreported in 2009 to 147,000 barrels from 67,000 barrels-- Net present value of Net Proved oil reserves (discounted at 10%)increased by 130% from $1,313,000 to $3,026,000-- Net present value of Net Proved and Probable oil reserves (discounted at10%) increased by 45% from $26,265,000 to $37,974,000-- Net Proved and Probable oil reserves increased by 9% from by 1,316,000to 1,429,000 barrels-- Net present value of the entire reserves portfolio (discounted at 10%)increased by 14% to $61,438,000 from $54,041,000-- Net Proved and Probable gas reserves remain constant at 7.164 Billioncubic feet of natural gasIncreased reserve values resulted from establishing an advanced drilling and completion strategy at the Company's Stoney Creek Field within a sophisticated development plan, additional production history from the Stoney Creek N-78 well enabling more effective modeling of reservoir performance and changes in forecast prices. Horizontal wells will be drilled and then completed using advanced multi- stage fracing technology, enabling greater access to the volumes of oil in place within this very old field.

Summary of Oil, Gas & Natural Gas Liquids Reserves and Present Worth(As of March 31, 2010)Martin & Brusset Associates April 1, 2010 Prices and Escalations----- Company's Interest in Reserves -----Crude Oil Natural Gas NGL'sMBbl MMcf MBblGross Net Gross Net Gross NetBefore Income Taxes-------------------Proved DevelopedProducing 37 34 0 0 0 0Non-Producing 0 0 758 629 0 0ProvedUndeveloped 132 113 0 0 0 0Total Proved 169 147 758 629 0 0ProbableDeveloped 32 29 606 503 0 0Undeveloped 1448 1254 7231 6032 0 0TotalProbable 1479 1282 7838 6535 0 0Proved+ Probable 1649 1429 8596 7164 0 0Net Present Value of Net Production--------------- Income M$ ----------------Undis-counted ---------- Discounted -----------0% 5% 10% 12% 15% 20%Before Income Taxes-------------------Proved DevelopedProducing 341 372 389 393 396 398Non-Producing 3536 2959 2507 2354 2148 1858ProvedUndeveloped 4454 3431 2637 2369 2010 1505Total Proved 8331 6762 5533 5116 4554 3760ProbableDeveloped 5403 4056 3123 2831 2458 1973Undeveloped 116690 76943 52782 45758 37161 26553TotalProbable 122093 80998 55905 48589 39620 28526Proved+ Probable 130424 87760 61438 53704 44173 32286Year End Summary

Contact did not invest significant capital during the fiscal year 2010. Operational activity was focused in New Brunswick with emphasis on the greater Stoney Creek area.

Fiscal year end March 31, 2010 (Audited)----------------------------------------2010 2009 2008$ $ $Revenues (Net of Royaltiesand tax credits): 1,281,390 1,384,904 1,149,243Net Loss: (1,390,909) (5,504,753) (143,626)Loss Per Diluted Share: (0.022) (0.094) (0.004)Total Assets: 13,234,353 14,620,713 9,184,346Highlights include:

-- A seismic program was shot in New Brunswick to assess the prospectivityof lands on trend with the Stoney Creek Field-- This seismic program enabled the retention of associated lands andhelped identify additional prospectivity adjacent to the producingfield.-- Oil field optimization activities were deployed both within and south ofthe Stoney Creek Field.-- In Nova Scotia, a working interest in the Windsor shale gas block wasconverted to a 5% royalty interest.-- Contact now has approximately $27.5 Million in various long life taxpools, of which only approximately $100,000 will expire in the next 3years.Outlook

As noted in the press releases of April 12th, May 7th and May 11th 2010, subsequent to the Company's annual reporting period, a new Board of Directors and Management team was announced. In conjunction with the Board and Management announcements, a $3.5 Million private placement was completed. The Company had indications of interest to substantially surpass the $3.5 Million raised. Once the Company has full regulatory and Board approval, the funds will be largely dedicated towards the further development of the Stoney Creek Field.

The potential shale gas assets within the Company's New Brunswick portfolio continue to be advanced technically and are expected to play an ever increasing role in Contact's future activities. Contact's potential shale gas resources in South Stoney Creek are on trend with Corridor Resources' 2009 announced Green Road G-41 shale gas discovery, currently being further evaluated by Apache's recently commenced horizontal well. The potential resources in the Monteagle/Cocagne areas are surrounded by lands that Southwestern Energy acquired in March 2010 with a successful bid of a $47 Million work commitment. Neither the South Stoney Creek or Monteagle/Cocagne areas have been assigned value in the current reserve report.

Details of the reserve report have been included with the year end results contained in the "Statement of Reserves Data and Other Oil and Gas Information" (Form 51- 101F1) for the year ending March 31, 2010, which is available with our full financial year end filings at www.sedar.com.

Appointment of New Director

Contact is pleased to announce the appointment of Bruce Allford as a Director of the Company and as Corporate Secretary. Mr. Allford is a partner with the Calgary law firm, Burnet, Duckworth & Palmer LLP. Mr. Allford is a director or corporate secretary of several other companies in the energy and energy services sectors.

[inthiscase]

Antwort auf Beitrag Nr.: 39.903.372 von kaktus7 am 30.07.10 13:31:55

deswegen also gestern der Volumenanstieg...
Wird aber langsam mal Zeit das neue Bohrprogramm zu starten.

Wie ordnet ihr diese Aussage ein?

"The Company had indications of interest to substantially surpass the $3.5 Million raised."

Für mich möglicherweise ein Hinweis darauf, dass es ein weiteres PP geben könnte. Vor allem in Verbindung mit:

"The funds raised subsequent to the reporting period are expected to be utilized to restart drilling operations in
Atlantic Canada, however the estimated cost of the entire program exceeds current resources available. As
such, continuance as a going concern is mainly dependent upon the success of the drilling program in Atlantic
Canada, existing cash flows, the ability of the Company to obtain partners for its exploration and drilling
operations and to obtain additional debt or equity financing."

Positiv aber weiterhin die Entwicklung der Nachbarn auf die das neue MM ja auch setzt:

"Contact's potential shale gas resources in South Stoney Creek are on trend with Corridor Resources' 2009 announced Green Road G-41 shale gas discovery, currently being further evaluated by Apache's recently commenced horizontal well."

Scheint ganz gut zu laufen was Corridor/Apache da machen. Gestern ist CDH unter hohem Volumen wieder ans Jahreshoch gelaufen.

[inthiscase]

die Richtung, nach der gestrigen News, stimmt! RT 0,16 CAD. Weiter so

[Pirat_Micha]

his as a wireless play popped on financial results Friday

TORONTO (SHfn) – Sierra Wireless (TSX: T.SW, Stock Forum) rose 23% to $9.65 as the company reported second-quarter revenue of $159.1 million, an increase of 18% from $135.3 million during the same period last year. On a non-GAAP basis, net earnings were $4.4 million, or 14 cents per diluted share, compared to net earnings of $1.5 million, or five cents per diluted share, in the second quarter of 2009.

As well, Noranda Income Fund (TSX: T.NIF.UN, Stock Forum) and Xstrata Zinc, through Xstrata Canada Corporation, a wholly-owned subsidiary of Xstrata plc, announced that on July 28, 2010, the two companies entered into a non-binding letter of intent with respect to a potential acquisition of the Noranda Income Fund by Xstrata. The potential transaction contemplates the acquisition of all of the outstanding Priority Units of the Fund for cash consideration of $3.40 per Priority Unit. Noranda Income units popped 19% to $3.65.

Meanwhile, Contact Exploration (TSX: V.CEX, Stock Forum) shares climbed 18% to 16.5 cents on Friday after the oil explorer/producer announced results from the March 31, 2010 year-end evaluation of its oil and gas assets, which showed a 119% surge in net proved oil reserves to 147,000 barrels from 67,000 barrels in 2009.

And, Anaconda Mining (TSX: T.ANX, Stock Forum) late Thursday provided a reserve estimate update for its Pine Cove Gold Mine located in Baie Verte, Newfoundland. Using a cut-off grade of 0.95 grams per tonne gold, there are probable reserves of 2,635,000 tonnes of 2.07 g/t gold, or 175,000 ounces. Its shares added 10% at 33 cents on Friday.

[Schnuerschuh]

[kaktus7]

Hat jemand eine Idee, warum der Bid bei uns (Frankfurt und Stuagett) von Tag zu Tag steigt, obwohl sich in Canada nix tut?

[kaktus7]

Außergewöhnlich hohe Umsätze in den letzten Tagen.

Weiß jemand was?

[inthiscase]

Antwort auf Beitrag Nr.: 40.172.650 von kaktus7 am 18.09.10 10:20:00

keine Ahnung was da los sein könnte, aber die Kursentwicklung nach den Millionenumsätzen gefällt bislang. Schöne Käufe auch heute wieder...

[GuenterNetzer]

Unser Baby wird allmählich größer......aber das ist noch lange nicht alles! Die Umsatzsteigerungen sind erst der erwartete Anfang des Kursaufschwungs...so kündigt es sich immer an. Ich rechne ab 0,50 CAND mit einem weiter anziehenden Volumen mit dem dann der 1,00 CAND geknackt werden kann...

GN

[kaktus7]

Antwort auf Beitrag Nr.: 40.204.843 von GuenterNetzer am 24.09.10 13:14:16

????????????

größer inwiefern?

Und wie kommst du auf solche Kurse.
Zur Zeit decken die Einnahmen gerade mal die laufenden Kosten.
Wenn CEX eine neue Quelle anzapfen will, muss Kapital aufgenommen werdne;d.h. Verwässerung.

Ich wünsche mir natürlich, dass du rechtbehälst. Aber bitte vor dem Jahr 2020!

[GuenterNetzer]

Antwort auf Beitrag Nr.: 40.206.335 von kaktus7 am 24.09.10 16:08:15

Dann schau Dir das mal an...http://tmx.quotemedia.com/financials.php?qm_symbol=CEX...einen Explorer über Cash Flow und Liquidität zu bewerten ist nicht sinnvoll...

GN

[GuenterNetzer]

Schon 0,185 in Kanada...geht schneller als ich dachte...

GN

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.208.270 von GuenterNetzer am 24.09.10 20:29:39

Hallo Leute hat jemand eine Ahnung was da los ist???
Beim Ausführen der Order ist folgender Fehler aufgetreten.
Die Gattung ist wegen Kursaussetzung gesperrt.

Mfg H.B.

[kaktus7]

Antwort auf Beitrag Nr.: 40.215.974 von Hoschibaer am 27.09.10 14:04:45

Wo und bei welcher Bank hast du denn duie Order aufgegeben?

Ich habs bei Frankrfurt und Sparkasse probiert. Soweit keine Probleme.

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.216.239 von kaktus7 am 27.09.10 14:41:36

Hey kaktus7! Ich habe es bei der diba versucht! Dann kam die Meldung!
Mfg.

[kaktus7]

Datum / Zeit Kurs Volumen
28.09.2010 21:47:47 M 0,1750 100.000
28.09.2010 21:47:19 M 0,1750 100.000
28.09.2010 21:30:12 M 0,1750 100.000
28.09.2010 21:30:12 M 0,1750 2.500
28.09.2010 21:07:57 M 0,1700 20.000
28.09.2010 20:46:12 M 0,1700 45.000
28.09.2010 20:46:12 M 0,1700 50.000
28.09.2010 20:46:12 M 0,1700 20.000
28.09.2010 20:46:12 M 0,1700 32.000
28.09.2010 16:22:41 M 0,1700 9.000
28.09.2010 16:08:51 E 0,1600 20
28.09.2010 16:08:51 M 0,1600 14.000
28.09.2010 16:08:51 M 0,1600 3.000
28.09.2010 16:08:51 0,1600 0

wie schön.
Am Tagesende steigender Kurs bei steigenden Umsätzen!

[kaktus7]

uuuuuuund ab die Post.

schon 184

[GuenterNetzer]

Interessante Entwicklung, mit der ich nicht so schnell gerechnet hatte! Es könnte sehr bald über die 0,20 CAND gehen und dann muß Deutschland wieder nachziehen...

GN

[kaktus7]

Heute wirds ein weinig runtergehen.

[GuenterNetzer]

Der Druck in Kanada wird größer......es wird Zeit, dass Frankfurt in Deutschlan die meisten Umsätze macht und wir hoffentlich keinen Hype durch einen von diesen unsäglichen Börsenbriefen bekommen...

GN

[kaktus7]

Oha!!!

Geht wohl doch aufwärts! 19 Cent

[inthiscase]

Antwort auf Beitrag Nr.: 40.239.969 von GuenterNetzer am 30.09.10 14:04:54

apropos Druck...starker Start heute in CAN.
Könnte die 0,20 heute getestet werden...

[kaktus7]

Die 2 sind geknackt

[kaktus7]

uuuuund die 21

(Mein Gott! Ich hocke jetzt seit vielen Jahren auf dem Zeugs und hab immer wieder nchgekauft, um zu verbilligen. Sollte man zwar bei einem Explorer, der durch die Pusherblättchen ging nicht machen, aber ich hatte halt das Gefühl, dass DIESER Explorer nicht ganz so unsolide ist. Jetzt bekomme ich Hoffnung, heil wieder rauszukommen.
Durchschnitt 19 Erocent)

[kaktus7]

Über 1 Mio Stück gehandelt in Canada.

Werde wohl mein Verkaufslimit hochziehen!

[inthiscase]

Antwort auf Beitrag Nr.: 40.241.469 von kaktus7 am 30.09.10 16:22:55

hab auch unter zehn Cent nachgekauft. Bin mal gespannt ob's da bald ne News gibt.
Ansonsten lässt sich der Anstieg kaum erklären, CDH etc. eigentlich seit Wochen/Monaten auf ähnlichem Niveau. Vielleicht gibt es nen JV?
Wusste natürlich jemand vorher Bescheid, erst die Millionenumsätze auf der 12 und dann up.

[glorianer]

0,24

[glorianer]

BID Orders Volume Price Range
19 212,500 0.210-0.230
ASK Price Range Volume Orders
0.235-0.260 130,500 11

[inthiscase]

Contact Announces Operations Update and Advancement of Shale Gas Assets
10/4/2010 8:32 AM - Canada NewsWire

CALGARY, Oct 4, 2010 (Canada NewsWire via COMTEX News Network) --
(TSX-V: CEX)

Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that it has commenced mobilization of the Nabors #112 drilling rig to the Stoney Creek oil field and expects that the first horizontal oil well of the Company's drilling program will be spud this week. Contact has received regulatory approval to drill two horizontal wells in the Stoney Creek oil field. Contact anticipates deploying completions equipment shortly after its drilling program concludes.

Contact has recently undertaken a rigorous technical assessment of its unconventional assets to accurately quantify the shale gas prospectivity within the Company's South Stoney Creek lands. Working in conjunction with industry leading experts, analytical testing was conducted to establish the mineralogical and geochemical attributes of the shale gas reservoirs within the block. Xray diffraction, vitrinite reflectance, rock eval pyrolysis and thin section assessments were performed. This data was integrated into a shale gas analysis performed for Contact by a leading oilfield and technical services provider, the results of which confirms shale gas prospectivity within both the Frederick Brook and Hiram Brook Members of the Albert Formation. This analysis was performed on the deepest well on Contact's acreage, drilled in 1985 to a depth of 3013m. The Hiram Brook Member in this well is over 400m thick while the Frederick Brook Member reaches more than 500m thick, with the well still in the Frederick Brook at total depth.

Concurrently, Contact has conducted seismic mapping incorporating proprietary data shot in recent years, to establish the overall geometry and areal extent of the shale gas units on Contact's Stoney Creek acreage. Contact has engaged GLJ Petroleum Consultants Ltd. ("GLJ") to conduct a Petroleum Initially-In-Place Study and Resource Assessment. This independent GLJ assessment will review and incorporate the technical analyses performed to date into a National Instrument 51-101 compliant assessment of the shale gas resource on Contact's South Stoney Creek acreage. It is expected that this GLJ resource assessment will be completed within the next two months.

Contact also advises that it has recently closed a property acquisition that increases its working interest to 100% on all Company lands in South Stoney Creek currently considered potentially prospective for shale gas development.

Contact is extremely encouraged by the results of its technical assessment to date of its unconventional assets in South Stoney Creek. Contact will continue to investigate optimum strategies for developing its shale gas assets and anticipates that these assets will play an ever increasing role in the Company's future. Despite the recent technical analysis by Contact, no assurances can be given that these geological units continue throughout any or all of Contact's Stoney Creek acreage. In addition, because Contact's technical work on its shale gas prospect is in the early stages only, no assurances can be given that commercial volumes of natural gas (or other hydrocarbons) exist within Contact's shale gas acreage or that if such hydrocarbons do exist, that they can be extracted on economic terms, or at all. Contact's further technical and exploration work on this shale gas prospect is subject to many risks and uncertainties, including that Contact will not be able to access the capital required to advance the required technical work and carry out subsequent drilling operations on the prospect, all risks typically associated with drilling operations and the risks that drilling operations will be unsuccessful or that recovery factors will not be commercial.

[kaktus7]

Antwort auf Beitrag Nr.: 40.259.912 von inthiscase am 04.10.10 15:59:33

expects that the first horizontal oil well of the Company's drilling program will be spud this week."

erwartet, dass diese Woche das Bohren beginnt.

Na, schaun mer mal. Und hoffen, dass sie auch ordentlich was finden und anfangen ordentlich Geld zu verdienen.

[kaktus7]

23

[GuenterNetzer]

Das gibt bald eine neue Ressourcen-Schätzung, die sich gewaschen hat...

GN

[kaktus7]

Antwort auf Beitrag Nr.: 40.270.116 von GuenterNetzer am 05.10.10 22:11:35

Warum kaufst du dann nicht?

[Suedseefisch]

Antwort auf Beitrag Nr.: 40.270.116 von GuenterNetzer am 05.10.10 22:11:35

Hoffentlich werden nicht die riesigen Mengen Oel weggewaschen

[GuenterNetzer]

Antwort auf Beitrag Nr.: 40.273.406 von kaktus7 am 06.10.10 13:10:38

Weil ich CONTACT Papers bis unter die Hutkrempe habe...

GN

[Leutnant73]

Antwort auf Beitrag Nr.: 40.280.434 von GuenterNetzer am 07.10.10 11:23:37

Hallo ,

ich bin jetzt endlich raus mit fettem Verlust. Ich habe es geschafft mit meinen pobligen 300 € Verkauf die Aktie um fast 1/3 zu drücken.

Lächerlich......

[seapower69]

Antwort auf Beitrag Nr.: 40.281.158 von Leutnant73 am 07.10.10 13:41:41

Tja, leutnant73, alter haudegen, hier in o.g. schafft man das, drüben hat einer 250000 stück geschmissen, ohne den kurs zu beeinflussen. Ich behalte meine teilchen, verluste realisiert man erst, wenn man die hergibt. Ich warte und warte ....

[Leutnant73]

Antwort auf Beitrag Nr.: 40.283.501 von seapower69 am 07.10.10 17:35:22

ich habe fast 5 Jahre gewartet. Wahrscheinlich gehts wieder runter auf 7 Cent. War schon so oft bei dem Ding. Für das Geld gehe zumindest mal gut Essen. Irgendwann ist das das Teil komplett platt und du kannst nicht mal mehr schön Essen :-)

Viel Glück noch

[inthiscase]

Antwort auf Beitrag Nr.: 40.284.020 von Leutnant73 am 07.10.10 18:43:37

natürlich kann es wieder runtergehen auf 0,07 Cent, oder auf null. Allerdings sollte man schon die Hintergründe ein wenig beachten und nicht einfach nur auf den Kurs schauen...(ist ja kein Inso-Zock)

Das hier ist ja ein Explorer (mit schon ein bisschen Ölförderung) und nach Jahren wo nichts passiert ist (wegen Geldmangel), wird jetzt wieder exploriert, was die Phantasie zurück in den Wert bringt. Wer jetzt verkauft sollte verkaufen, weil er davon ausgeht, dass die Löcher die jetzt gebohrt werden keine ökonomischen Flow Rates haben werden.

Zusätzlich bohrt ja auch noch Apache/Corridor in der Nähe (glaube die sind sogar schon fertig und es wird bald "gefracced"). Die bohren da, soweit ich das weiß, im Frederick Brook Shale rum und diese Schicht verläuft auch in Richtung CEX Land. All das sind ja jetzt wieder Gründe um in einen Explorer einzusteigen in der Hoffnung darauf nen ordentliches Öl- oder Gasfeld anzubohren.

Des weiteren hat sich Southwestern Energy über zwei Millionen acre Explorationsland im Maritimes Basin gesichert. Der Kurs von TPLM hat zuckt auch wieder leicht, was darauf hindeuten könnte, dass es möglicherweise im Windsor Block auch mal weitergehen könnte.

Contact findet sich also mittendrin in einer Region die momentan stark exploriert wird. Nach langer Phase in der nichts passiert ist gibt es jetzt wieder Grund zur Spekulation. Daher könnten die 0,2x CAD erst der Anfang sein. Die Frage ist jetzt halt wieder: Wird etwas und wieviel wird gefunden und lässt es sich ökonomisch fördern?

[kaktus7]

Das mit dem Insiderverkauf würde ich im Moment nicht überbewerten. Zudem es den Kurs nicht gedrückt hat. Wahrscheinlich stand eine Anschaffung an.
Beruhigend finde ich, dass der Kurs nach dem kräftigen Anstieg der letzten Tagr bei 0,24 verhartrt. Und nicht wie so oftnahc heftigem Anstieg gleich wieder runter geht. Vielleicht ist das jetzt nur eine kleine Verschnaufpause vor dem weiteren Anstieg.

[sparfuchs63]

08.10.2010 14:32


Oct 8 (Reuters) - Contact Exploration Inc:

* Announces private placement

* Says private placement for up to $4.5 million

* Says will issue up to 22.5 million units to exempt buyers at a price of $0.20

per unit

[kaktus7]

Mist!

[GuenterNetzer]

Das ist überhaupt kein Mist, weil es ein Private Placement ist...

Contact Announces Private Placement
CALGARY, ALBERTA, Oct. 8, 2010 (Marketwire) --

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that it has commenced a non-brokered private placement for up to $4.5 million (the "Private Placement"). The Company will issue up to 22.5 million units ("Units") to exempt buyers on a private placement basis at a price of $0.20 per Unit, with each Unit consisting of one common share ("Common Share") of the Company and one half of one Common Share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to purchase one additional Common Share at a price of $0.30 per Common Share at any time up to 2 years from the date of closing of the Private Placement.

Proceeds from the proposed Private Placement will be used for to further the Company's operational program and for general working capital purposes.

All securities issued pursuant to the Private Placement will be subject to a four-month hold period from the closing date. The Private Placement is subject to approval from the TSX Venture Exchange.

Operational Update

Further to its press release dated October 4, 2010, the Company advises that the first horizontal oil well in the Stoney Creek drilling program is now anticipated to spud on October 21, 2010.

About Contact Exploration Inc.

Contact Exploration Inc. is a public company with a focus on Canadian East Coast onshore oil and gas production & exploration. Our philosophy is to operate production and exploration in our core area of Atlantic Canada and to participate through overrides and carried interests in certain non-core areas, such as coalbed methane in the Cumberland Basin, shale gas in the Windsor area, and exploration on the west coast of Newfoundland. Contact has onshore interests in Nova Scotia, Newfoundland and New Brunswick which includes the oil producing Stoney Creek Field and potential shale gas assets in the South Stoney Creek and Cocagne basin areas. In addition to the Atlantic Canadian properties, Contact has producing oil assets in south eastern Saskatchewan.

Forward Looking Information

This press release contains forward looking statements. More particularly, this press release contains statements concerning the anticipated closing of the Private Placement and the anticipated use of the proceeds of the Private Placement. Although Contact believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Contact can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The closing of the Private Placement could be delayed if Contact is not able to obtain the necessary regulatory and stock exchange approvals on the timelines it has planned. The Private Placement will not be completed at all if these approvals are not obtained or some other condition to the closing is not satisfied. Accordingly, there is a risk that the Private Placement will not be completed within the anticipated time or at all. The intended use of the proceeds of the pr Private Placement by Contact might change if the board of directors of the Company determines that it would be in the best interests of Contact to deploy the proceeds for some other purpose.

The forward looking statements contained in this press release are made as of the date hereof and Contact undertakes no obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Exploration Inc. President and CEO [phone] [phone] (FAX) [e-mail] www.contactexp.com

GN

[kaktus7]

Da gugge!
höchst selten sowas

Geld 0,153
Brief 0,17
Zeit 14.10.1015:29
Spread 10,00%
Geld Stk. 100.000
Brief Stk. 50.000

in Stuttgart.

[inthiscase]

neues Jahreshoch
0,26 CAD

[Tomu]

Antwort auf Beitrag Nr.: 40.332.706 von inthiscase am 15.10.10 20:00:58

jetzt schon 0,28 CAD
bald bin ich wieder im plus.. und das sogar steuerfrei

[Tomu]

Antwort auf Beitrag Nr.: 40.333.195 von Tomu am 15.10.10 21:10:01

so.. 0,29 CAD..
ist doch en schöner wochenausklang..

[seapower69]

Antwort auf Beitrag Nr.: 40.333.195 von Tomu am 15.10.10 21:10:01

du bist so cool von tomas, ich beneide dich.

[GuenterNetzer]

Immer noch beachtlich, dass CONTACT in Deutschland so wenig beachtet wird...aber uns solls recht sein ! Also, das Private Placement war erwartungsgemäß unkritisch, ich rechne mit neuen Resource-Schätzungen in den nächsten 14 Tagen...

GN

[GuenterNetzer]

Nur damit nocheinmal allen klar ist woher wir kommen......

und was gerade passiert!

GN

[GuenterNetzer]

Und schon wieder NEWS!!!

Contact Announces Closing of Private Placement
CALGARY, ALBERTA, Oct. 18, 2010 (Marketwire) --

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Contact Exploration Inc. ("Contact" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement. Pursuant to the private placement, Contact issued an aggregate of 22,600,000 units ("Units") to exempt buyers on a private placement basis at a price of $0.20 per Unit for aggregate proceeds of $4,520,000. Each Unit consists of one common share ("Common Share") of the Company and one half of one Common Share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to purchase one additional Common Share at a price of $0.30 per Common Share at any time up to October 15, 2012, being two years from the date of closing of the private placement.

The Common Shares and Warrants issued pursuant to the private placement are subject to a four month hold period under applicable securities laws, which hold period expires on February 16, 2011.

Proceeds from the private placement will be used to further the Company's drilling program and for general working capital purposes.

About Contact Exploration Inc.

Contact Exploration Inc. is a public company with a focus on Canadian East Coast onshore oil and gas production & exploration. Our philosophy is to explore for and produce hydrocarbons from our core area of Atlantic Canada and to participate through overrides and carried interests in certain non-core areas, such as coalbed methane in the Cumberland Basin, shale gas in the Windsor area and exploration on the west coast of Newfoundland. Contact has onshore interests in Nova Scotia, Newfoundland and New Brunswick which includes the oil producing Stoney Creek Field and potential shale gas assets in the South Stoney Creek area and Cocagne basin. In addition to the Atlantic Canada properties, Contact has producing oil assets in south eastern Saskatchewan.

Forward Looking Information

This press release contains forward looking statements. More particularly, this press release contains statements concerning the intended use of the proceeds of the private placement. Although Contact believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Contact can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the private placement by Contact might change if the board of directors of the Company determines that it would be in the best interests of Contact to deploy the proceeds for some other purpose.

The forward looking statements contained in this press release are made as of the date hereof and Contact undertakes no obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

The Common Shares and Warrants offered have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Exploration Inc. President and CEO [phone] [phone] (FAX) [e-mail] www.contactexp.com

GN

[kaktus7]

Antwort auf Beitrag Nr.: 40.341.565 von GuenterNetzer am 18.10.10 15:19:48

Tja, und schon machen welche Kasse

[kaktus7]

Wars das?

Kurs hochgetrieben, um das private Placement gut unters Volk zu kriegen. Jetzt wird Kasse gemacht und wir gucken in die Röhre?

[GuenterNetzer]

Antwort auf Beitrag Nr.: 40.341.860 von kaktus7 am 18.10.10 15:46:22

Du meinst aber nicht die läppischen 2K in CAN?

GN

[kaktus7]

Ich lasse mich gerne positiv überrasche.

Habe eine Verkaufsorder, wesentlich höher als 0,29, in Canada aufgegeben.

[GuenterNetzer]

Antwort auf Beitrag Nr.: 40.342.286 von kaktus7 am 18.10.10 16:26:27

Du solltest keine Verkaufsorder unter 0,50 EUR platzieren!!! Das ist ja gerade die Kunst das Ding laufen zu lassen...

GN

[inthiscase]

Antwort auf Beitrag Nr.: 40.342.488 von GuenterNetzer am 18.10.10 16:45:42

wieder große Nachfrage in CAN bislang.
neues Jahreshoch bei 0,30 CAD

das PP wurde ziemlich schnell geschlossen.
Da wollten wohl nen paar Adressen beim Bohrprogramm dabei sein.
Die Shares sind ja bis Februar 2011 gesperrt...

[GuenterNetzer]

Das ist ein extrem gutes Zeichen, dass die 0,30 CAN gehalten werden! Und keiner der beim PP Shares zu 0,30 CAND gezeichnet hat will da wieder raus...

Also gut, dann bereiten wir uns mal auf die nächste Stufe vor...MK liegt gerade bei ca. 35 Mio. CAND...die nächste Resourcenschätzung wird beim 10-fachen davon liegen...

GN

[GuenterNetzer]

Heimatland, da haben wir ein fettes BID von 0,295 in CAN stehen...

GN

[kaktus7]

Nanu?
Was war denn gestern abebd in S´tuttgart los?. Haben die Kanadier hier gelauft oder was?

Solche UMsätze hatten wie hier seit Jahren nicht mehr!

[GuenterNetzer]

Wir dürfen gespannt sein, wie es heute weitergeht...Fakt ist, dass gestern nicht in großem Stil in CAN geschmissen wurde. Es wird interessant welches Volumen wir heute haben werden...sind es über 500K halten wir einen stabilen Aufschwung und dann wird es höchste Zeit auch in Deutschland einzusteigen, sonst fährt der Zug aus dem Bahnhof...

GN

[kaktus7]

Immerhin wieder auf 27 in Kanada

[GuenterNetzer]

WAHNSINN!!! Das muß man gesehen haben...die großen Jungs kaufen sich gezielt ein...http://tmx.quotemedia.com/quote.php?qm_symbol=cex&locale=EN...unten bei den Trades auf die Nummernkürzel gehen und...Canacord, TD Securities...alle dabei...

GN

[GuenterNetzer]

Und gerade TD Securities wollen es ja wohl volle Kante wissen...

GN

[kaktus7]

Na ja, wenn ich bei den deutschen BbANK mein Depot habe und kaufe, denkst du wohl auch, die Deutsche Bank kauft.

Für deine These sind die Umsätze zu klein!

[GuenterNetzer]

Antwort auf Beitrag Nr.: 40.351.504 von kaktus7 am 19.10.10 17:49:46

Aber nicht wenn die "Deutsche Bank" 10 mal hintereinander kauft...außerdem kaufen Canaccord in der Regel für sich selbst und was die Umsätze angeht, kann ich nur sagen, dass es eben aufgrund der Markttiefe nicht anders geht als in kleinen Häppchen...hast Du den Trade mit 50K gesehen? Olala...

GN

[GuenterNetzer]

Ich kann nur jedem, der hier Geld verdienen will, empfehlen sich das Orderbuch in CAN reinzupfeifen......da kaufen gerade keine Hausfrauen...

GN

[kaktus7]

Hoffentlich habe ich Unrecht!

[GuenterNetzer]

In CAN schon wieder im plus bei 0,28 CAND...und einem Umsatz über 300 K...meine Vermutung scheint einzutreffen...Umsatz stimmt, Kurs steigt...jetzt noch eine knackige Resourcenschätzung und ab geht´s...

GN

[kaktus7]

Antwort auf Beitrag Nr.: 40.351.826 von GuenterNetzer am 19.10.10 18:27:42

die Resurcen beziehen sich auf Schiefergas, richtig?

Weißt du, was es damit auf sich hat?
Nur ganz kurz
1. Schiefergas gibts massenhaft. Das ist auch der Grund für der Preisverfall von Erdgas auf dem Welrmarkt.
2. Die Förderung ist EXTREM umweltschädlich.

goolge it up

z.B.
http://www.3sat.de/page/?source=/hitec/148706/index.html

[inthiscase]

Antwort auf Beitrag Nr.: 40.351.826 von GuenterNetzer am 19.10.10 18:27:42

von welcher Ressourcenschätzung redest Du eigentlich? Ist mir nicht ganz klar.
Es kam doch erst diesen Sommer ein neuer NI für Stoney Creek. Jetzt wird doch erstmal gebohrt und dann kommt es auf die Flow Rates und deren Entwicklung an. Ein neuer NI wird dann zwar auch irgendwann erstellt, aber das ist ja eher eine Formalie. Wichtig sind doch jetzt erstmal die Bohrungen von CEX und den Nachbarn. Oder übersehe ich da irgendwas?

[GuenterNetzer]

Antwort auf Beitrag Nr.: 40.351.902 von kaktus7 am 19.10.10 18:35:54

Das ist Sandstein im Stoney Creek und ganz klassisch fossil gebildetes Erdöl und Erdgas.

GN

[GuenterNetzer]

Antwort auf Beitrag Nr.: 40.351.962 von inthiscase am 19.10.10 18:42:22

Ich rede von den seismographischen Messungen, die bei der Bewertung von Erdgasvorräten die relevante Methode sind...

GN

[inthiscase]

Antwort auf Beitrag Nr.: 40.352.024 von GuenterNetzer am 19.10.10 18:52:07

ah danke, hatte ich im NR vom 04.10. glatt überlesen:

Concurrently, Contact has conducted seismic mapping incorporating proprietary data shot in recent years, to establish the overall geometry and areal extent of the shale gas units on Contact's Stoney Creek acreage. Contact has engaged GLJ Petroleum Consultants Ltd. ("GLJ") to conduct a Petroleum Initially-In-Place Study and Resource Assessment. This independent GLJ assessment will review and incorporate the technical analyses performed to date into a National Instrument 51-101 compliant assessment of the shale gas resource on Contact's South Stoney Creek acreage. It is expected that this GLJ resource assessment will be completed within the next two months.

[kaktus7]

Antwort auf Beitrag Nr.: 40.352.013 von GuenterNetzer am 19.10.10 18:51:12

Sandstein, aha!

Auch das im Sandstein gebunde Gas ist sog. Schiefergas.
Keine Große Blase, sondern im Sandstein eingelagert.

Der wird erst mit kleinen Sprengungen mit Rissen versehen. Dann werden Chemikalien mit Wasser reingepumpt, um das Gas zu lösen. Das Restwasser ist extrem salzig, enthält auch andere Gifte und manchmal sogar radioaktive Bestandteile.
Dieses Abwasser wird entsorgt.
Aber wie?
Keine Kläanlage packt das!

Die Doku kam gestern abend auf 3Sat in der Sendung hitec. Die Sendung knn man sich runterladen.

Bin Froh, wenn ich meine Teile los bin.
In eine solche Unternehmung investoert zu sein ist unethisch!

[kaktus7]

Antwort auf Beitrag Nr.: 40.352.079 von kaktus7 am 19.10.10 19:01:25

Schiefergas = shale gas

[inthiscase]

Antwort auf Beitrag Nr.: 40.352.013 von GuenterNetzer am 19.10.10 18:51:12

nur nochmal der Klarheit wegen:

Stoney Creek ist conventional und da wird jetzt gebohrt.
South Stoney Creek aber unconventional und dazu gibts bald ne neue Schätzung.
so verstehe ich das jedenfalls.

[inthiscase]

Antwort auf Beitrag Nr.: 40.352.079 von kaktus7 am 19.10.10 19:01:25

In was willst Du denn investieren wenn Du nach ethischen Gesichtspunkten gehst?
Die ganze Wirtschaft ist extrem umweltschädlich, daher sehe ich "fracking" (empfiehlt sich auch der Film "Gasland" zu) auch nicht als schlimmer an als bspw. Ölsandabbau. Auch da werden enorme Frischwassermengen nahezu unwiederbringlich verbraucht oder wie Du jetzt gesehen hast in der Aluindustrie, bis dann mal nen Damm bricht wie jetzt in Ungarn. Sobald ich morgens aufstehe fange ich an die Umwelt zu schädigen, weil unsere ganze Lebensweise auf der Ausbeutung von Resourcen basiert. Allein schon durch den Flächenverbrauch jedes Menschen, Stichwort "Bodendegradation", schädigen wir die Umwelt nahezu unwiederbringlich.

Solltest Du damit nichts zu tun haben, weil Du nur regenerative Naturprodukte in allen Lebenslagen verwendest und bspw. generell zu Fuß gehst, aber in Schuhen aus Leder oder Holz, dann kannst Du damit ein ethisches Problem haben, aber ansonsten bist Du doch ohnehin dabei. Da kann sich fast niemand von freisprechen ob er nun die Exploration oder über den Konsum die "Produktion" finanziert.

[GuenterNetzer]

Antwort auf Beitrag Nr.: 40.352.115 von inthiscase am 19.10.10 19:08:53

Ich verstehe das genau so, Du hast es gut auf den Punkt gebracht!

GN

[tigerkraft]

Antwort auf Beitrag Nr.: 40.353.342 von GuenterNetzer am 19.10.10 21:41:38

[kaktus7]

Warum war denn ab 17Uhr 50 in Kanada kein Handel mehr?
Etwas ungewöhnlich.

P.S. In Ölsand investiere ich auch nicht.
Contact war mal ein Versuch. Ich war damals zu leichtgläubig.

Mein Hauptinvest ist Vestas.

[kaktus7]

Die ersten 45 Min keinerlei Umsatz in Kanada!

[seapower69]

Es geht wieder weiter, fast 140.000 stck gehandelt.

[GuenterNetzer]

Locker bleiben, Jungs, das sieht alles ziemlich gut aus...

GN

[Schmitt911]

Antwort auf Beitrag Nr.: 40.361.686 von GuenterNetzer am 20.10.10 21:42:20

Wenn ich mir Deine Kursvorhersage vom 30.01.2008
ansehe - dann frage ich mich wirklich - wie man
dann ganz locker sein kann ? Und was daran gut sein soll - erschließt sich mir
auch nicht.

[GuenterNetzer]

Antwort auf Beitrag Nr.: 40.383.339 von Schmitt911 am 25.10.10 12:19:45

Hast Du schon mal einen Mini-Stock gezockt? Schon mal auf einen 10er Explorer spekuliert? Da kann man nicht das Lineal an den Kursverlauf anlegen, sondern braucht Verbilligungsstrategien und ein bißchen Spaß an der Sache...

GN

[Schmitt911]

Antwort auf Beitrag Nr.: 40.386.790 von GuenterNetzer am 25.10.10 20:13:34

Nochmal:

Deine Kursvorhersage für Ende/2008
lag bei 0,80 - 1 Euro .
Stimmt das oder stimmt das nicht ?

[Pirat_Micha]

da muss man aber teilweise extrem verbilligen ..

Im moment können nur Fördererhöhungen helfen, wilde Phantasien von xxx Mio. Börsenwert sind Geschichte !!

[Schmitt911]

Antwort auf Beitrag Nr.: 40.389.867 von Pirat_Micha am 26.10.10 11:10:31

Von Bemühungen die Fördermengen zu erhöhen
kann ich bei CEX nirgendwo lesen. Insofern
glaube ich auch - dass in den nächsten Jahren
nicht mal eine "Schwarze Null" erreicht wird.
Man erkennt bei diesem Unternehmen keinerlei
Abitionen.

[Schmitt911]

Antwort auf Beitrag Nr.: 40.390.989 von Schmitt911 am 26.10.10 13:15:49

Pardon - ich gebe noch ein "m".

[inthiscase]

Antwort auf Beitrag Nr.: 40.390.989 von Schmitt911 am 26.10.10 13:15:49

du bist offenbar nur schlecht informiert, wenn Du schreibst dass bei CEX keine Ambitionen zu erkennen sind. Um es in einem Satz zu sagen: CEX ist wieder ein Explorer!
Die Fördermengen auf Stoney Creek sind daher zunächst wieder sekundär und ne "schwarze Null" vorerst irrelevant. Es wird gebohrt und zwar von allen Seiten, auch von CEX (dazu sollte man einfach mal nen paar Seiten im Thread zurückblättern falls man die Entwicklung nicht verfolgt hat) Der Langfristchart von CEX braucht auch nicht mehr unbedingt betrachtet werden, da sich die Gegebenheiten fast grundlegend geändert haben, allein schon durch das PP Anfang 2010, dass CEX wieder handlungsfähig gemacht hat.

Um nochmal klarzumachen woher der Kursanstieg kommt und auf was neben den gerade gestarteten eigenen Bohrungen spekuliert wird folgender Artikel:

NEW BRUNSWICK IS EMERGING as a potential new North American shale gas play, with minimal exploration to date and two large independents – Apache and Southwestern Energy -- recently taking stakes.

We believe the shale has enormous promise and is close to premium markets in the U.S. Northeast, but other horizons in the area have been challenging and the commitments made by Apache (ticker: APA) and Southwestern Energy (SWN) are not make-or-break. This is very early days in the play, but given the scale and the location of the potential resource we believe it's time to take notice.

The Frederick Brook shale is the primary target near term -- thickness is three to five times greater than comparable U.S. gas shales. Flow rates to date have been encouraging, and a third party assessment estimates 67 trillion cubic feet (Tcf) of resource potential.

The play lies along the Maritimes & Northeast Pipeline route, an underutilized asset with potential for up to 800 million to 900 million cubic feet per day (MMcf/d) capacity.

Small-cap Corridor Resources [of Canada], close to a pure Frederick Brook play, has farmed out to Apache for two wells in the Frederick Brook -- these wells will determine the Frederick Brook's near-term development, and will be a major catalyst for Corridor Resources and micro-cap Contact Exploration [of Canada], less so for Apache and Southwestern Energy.

Corridor Resources is a binary play -- success in the Frederick Brook shale would be transformative with a potential five to seven times increase in net asset value but should Apache abandon the program, Corridor Resources has limited options. Initial results are expected first-quarter 2011. We estimate current net asset value at about C$5.25, a 14% discount to the current price.

New Brunswick has minimal oil and gas production (two producing fields, one oil and one gas) and has had challenges in both fields. Similar issues within the Frederick Brook shale could bump costs or stall development.

Southwestern Energy is starting an exploration campaign on about 2.5 million acres in the north and east of New Brunswick, looking for similar basin types. Southwestern Energy's campaign is close to pure exploration, with only basic geophysical data to go on, but indications are for large basin potential.

In all our conversations with players in this space, the phrase "early days" came up repeatedly. Frederick Brook shale production is more than a year off at best.

But based on geology and location we are cautiously optimistic, and we see a better than even chance Apache will elect to move to the next phase of exploration, which would entail a further $100 million spend. Apache's success would be accretive for all parties in the play.

http://online.barrons.com/article/SB500014240531119038782045…

[kaktus7]

Halloooo

Guckt euch mal die Daten von Stuttgart an!!

[inthiscase]

Antwort auf Beitrag Nr.: 40.429.139 von kaktus7 am 01.11.10 15:45:00

ja, schönes Volumen heute... Entweder wird CEX langsam in Deutschland entdeckt oder die Canadier greifen hier noch die Stücke ab, die noch in den Depots der Kleinanleger aus den ehemaligen Pushs lagen.

CDH hat heute neues JH bei 7,00 CAD markiert:

[kaktus7]

94000 werden in Stuttgart gefragt.

[inthiscase]

SK 0,30 CAD! (wenn auch mit nur kleinem Volumen)

[inthiscase]

Antwort auf Beitrag Nr.: 40.459.306 von inthiscase am 04.11.10 23:19:11

und heute 0,31 CAD neues JH!

[GuenterNetzer]

Und das Volumen wächst bei steigenden Kursen...etwas Besseres gibt es eigentlich gar nicht...

GN

[GuenterNetzer]

Habt Ihr Euch das schon reingezogen...???

Private Placement-Non-Brokered
Nov. 3, 2010 (Market News Publishing) --

CONTACT EXPLORATION INC. ("CEX") - Private Placement-Non-Brokered
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 18, 2010:

Number of Shares: 22,600,000 units ("Units")

Each Unit consists of one common share and

one half of one common share purchase

warrant.

Purchase Price: $0.20 per Unit

Warrants: 11,300,000 share purchase warrants to

purchase 11,300,000 shares

Warrant Exercise Price: $0.30 for up to 24 months from date of

closing

Number of Placees: 10 placees

Insider / Pro Group Participation:

Insider=Y /

Name ProGroup=P / # of Units

Bruce Allford Y 250,000 Sharon Evans Y 100,000 Peter L. Fraser P 3,750,000

No Finder's Fee.

GN

[kaktus7]

100.000 Stk werden in Deutschland zu über 0,205 nachgefragt!!!

Da schau her.
Will denn keiner aussteigen?

[Hoschibaer]

Da wird doch nichts im Busch äh im Bohrloch sein!!

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.496.339 von Hoschibaer am 10.11.10 20:43:57

0,315 cad ist doch schon mal ein Anfang

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.497.117 von Hoschibaer am 10.11.10 22:19:28

Na ja die haben wir auch bald wieder!!

[inthiscase]

Contact Provides Update on Drilling Operations and Shale Gas Technical Work and Releases Results for Second Quarter Ended September 30, 2010

11/29/2010 5:49 PM - Canada NewsWire

CALGARY, Nov. 29, 2010 (Canada NewsWire via COMTEX News Network) --
Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to provide an update on its drilling program in the Stoney Creek oil field and on the preparation of an independent evaluation of the shale gas prospectivity within its South Stoney Creek lands.

The drilling of two 100% Contact working interest horizontal oil wells in Stoney Creek has now been successfully completed. The first well was drilled with a lateral distance of approximately 600 meters and the second with a lateral distance of approximately 800 meters, as planned pre-drill. Both wells have been prepared for completion operations, with initial productivity indications expected by year end.

Contact continues to technically define the shale gas prospectivity within its South Stoney Creek lands. The preparation of the Petroleum Initially-In-Place Study and Resource Assessment by GLJ Petroleum Consultants Ltd. ("GLJ") for the Company in respect of this property is ongoing. The Company continues to be encouraged by the technical analysis and evaluation of its South Stoney Creek unconventional resources. In addition to commissioning the GLJ Assessment, the Company is pursuing a number of strategies for exploiting and optimizing its shale gas acreage and expects these assets to play an ever increasing role in the Company's go forward business plan.

Contact has today filed its interim unaudited consolidated financial statements for the three and six month periods ended September 30, 2010 and the related Management's Discussion and Analysis on www.sedar.com.

About Contact Exploration Inc.

[inthiscase]

sehr interessante Entwicklung heute. Neue JH bei CEX und CDH:

[dreigeh]

Antwort auf Beitrag Nr.: 40.636.035 von inthiscase am 02.12.10 21:24:18

ja, sieht gut aus

[inthiscase]

Antwort auf Beitrag Nr.: 40.636.043 von dreigeh am 02.12.10 21:25:31

ja und auch noch keine News, Gerüchte, etc. zu finden. Das macht es noch besser...

[inthiscase]

Antwort auf Beitrag Nr.: 40.636.116 von inthiscase am 02.12.10 21:35:16

so schnell kann's gehen. Absturz bei CDH; CEX hält sich noch einigermaßen.
Die Apache Bohrung hat bislang nichts anständiges ergeben...

Corridor Updates Elgin Shale Gas Appraisal Program12/6/2010 7:46:10 AM - Market Wire

HALIFAX, NOVA SCOTIA, Dec 06, 2010 (MARKETWIRE via COMTEX News Network) --
Corridor Resources Inc. (TSX: CDH) announced today the following update on the shale gas appraisal program in the Elgin area of southern New Brunswick.

Apache Canada, the operator pursuant to a joint venture program with Corridor, completed the drilling and casing of the Green Road B-41 and the Will DeMille G-59 horizontal wells in the second and third quarters of 2010, respectively. Strong gas shows were encountered in the horizontal section of both wells during drilling. These gas shows occurred while using high mud weights averaging 1350 kg/m3 on the Green Road B-41 well and averaging 1450 kg/m3 on the Will DeMille G-59 well.

Five slickwater fracture stimulation procedures were completed in each of the wells with the fracs averaging 230 tonnes of propant and 3560 cubic meters of water. The final frac in the "silty interval" of the Green Road B-41 horizontal well is approximately 630 meters from the silty interval of the Green Road G-41 vertical well drilled by Corridor in 2009. That interval in the vertical G-41 well was fraced with propane in 2009 and produced 42.4 mmscf over 185 hours, peaking at 11.7 mmscf/d with a final rate of 3.0 mmscf/d at approx. 700 psi.

After the plugs were drilled out in both horizontal wells, the B-41 well has recovered 1728 cubic meters of frac fluid (approx. 10 percent of total) and no gas to date and the G-59 well has recovered 805 cubic meters of frac fluid (approx. 4 percent of total) and negligible gas to date. Frac water recovery rates have declined significantly from both wells. Steps are being undertaken to recover additional amounts of frac water which could encourage the flow of gas into the wellbore.

Considering the strong gas flows from Corridor's nearby G-41 vertical well, and the strong gas shows encountered while drilling the two horizontal wells, the preliminary responses of these wells are both unexpected and perplexing. The operator is reviewing the frac operations and flowback data and is conducting extensive analysis and further testing in order to determine why the wells have responded in this manner, and to develop a go-forward approach in order to advance the Elgin shale gas appraisal program. Although the well response to date is perplexing, it is important to recognize that the evaluation of the development potential of the Elgin shale gas resource play is in its early stages.

Corridor also reports that Apache and Corridor have agreed to conduct tests on the South Branch G-36 oil well.

Corridor is a junior resource company engaged in the exploration for and development and production of petroleum and natural gas onshore in New Brunswick, Prince Edward Island and Quebec and offshore in the Gulf of St. Lawrence. Corridor currently has reserves of natural gas at the McCully Field near Sussex, New Brunswick and shale gas resources in the adjacent Elgin sub-basin. In December 2009, Corridor entered a joint venture to appraise and potentially develop its significant shale gas resources in the Elgin area.

[Schmitt911]

Wie Phönix in die Asche !

[jaju]

Aus der Asche

[seapower69]

Antwort auf Beitrag Nr.: 40.663.715 von jaju am 07.12.10 15:38:44

Der vogel zuckt doch schon wieder, will raus aus der asche.

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.666.976 von seapower69 am 07.12.10 20:36:09

Geht ja schon langsam wieder aufwärts!!

[Tomu]

Contact Provides Update on Stoney Creek Drilling and Shale Gas Technical Work
cnwgroup

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CEX.V 0.26 0.00
Chart for Contact Exploration Inc.
{"s" : "cex.v","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""}
Press Release Source: Contact Exploration Inc. On Tuesday December 21, 2010, 5:07 pm EST

(TSX-V:CEX)

CALGARY, Dec. 21 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that the drilling and completion of two 100% Contact working interest horizontal oil wells in the Stoney Creek oil field in New Brunswick has been successfully accomplished. The first well (K78) was drilled with a lateral distance of approximately 600 meters and the second well (N88) with a lateral distance of approximately 800 meters, as planned pre-drill. In all aspects, the well results to date have met or exceeded Contact's expectations.

An exceptionally high porosity, high permeability reservoir was encountered throughout both well bores. Petroleum indications were detected within all drilled portions of the reservoir, as indicated by strong hydrocarbon staining, fluorescence, and oil cut within drill cuttings. Elevated mud gas readings were also detected during the drilling of reservoir sections, suggesting a continuously hydrocarbon-charged interval.

The shorter K78 well was completed in 6 intervals and the N88 well was completed in 8 intervals. Contact believes that these open-hole multistage completions have successfully accessed the reservoir along the entire length of the wellbores and that future operations should be able to replicate the penetration of reservoir-dominated sections.

Both the K78 well and the N88 well exhibited reservoir pressures at or higher than anticipated. Both wells recovered fluid volumes at surface prior to pumping, significant in the case of K78, with pressures continuing to build confirming strong bottom-hole pressure and excellent hydrocarbon inflow from the reservoir.

The N88 well is currently pump restricted and producing 135bbl/d oil against a steady backpressure of approximately 500psi. Since being placed on production on December 15, 2010, N88 has produced total fluid at rates between 100 bbls/day and 200 bbls/day, with oil cuts steadily improving to approximately 70%. Initial production tests indicate that the N88 well could be capable of 500-700 bbls/d production, if all equipment restrictions were removed. The K78 well will be placed on production within the next 24 to 48 hours and is also equipment restricted to 200bbls of total fluid per day.

Contact is extremely pleased with the challenges of the higher than expected production rates observed from the two new horizontal wells and resultant completion technologies. The production equipment and facilities on-site were designed by Contact on a pre-drill basis to handle approximately double the initial monthly production from Contact's most recent National Instrument 51-101 reserves evaluation and as such are not able to handle the full production capability of these wells. The Company is now undertaking short-term equipment modifications to determine the feasibility of increasing initial production rates from current levels and is exploring alternatives to expand its oil production facilities. Contact is also reviewing future exploitation strategies and marketing arrangements to manage greater oil volumes than those seen in the recent past from the Stoney Creek field, and production rates higher than seen historically onshore Atlantic Canada.

Within the Stoney Creek oil field there are at least 12 additional locations for similar wells on Contact's lands as well as numerous locations for the completion of other oil zones identified by Contact.

Further, several prospective shallow oil targets, each similar in areal extent to the Stoney Creek Field, exist on adjacent Contact-held mineral licenses and leases. One such prospect at Hopewell is drill-ready and has demonstrated oil productivity through extensive testing of a nearby Contact oil well. Contact was successful at securing the final acreage block encompassing the Hopewell prospect at the November 23, 2010 New Brunswick land sale. Contact believes that the application of the same modern drilling and completion techniques used in its Stoney Creek program could ultimately lead to the recovery of economic volumes of oil from these reservoirs.

Contact is also pleased to provide an update on the technical assessment of the Company's unconventional shale gas resources by GLJ Petroleum Consultants Ltd. ("GLJ"). A draft Petroleum Initially-In-Place Study and Resource Assessment (the "Assessment") has been prepared by GLJ that confirms Contact's expectations for Total Petroleum Initially-In-Place volumes associated with the Frederick Brook Shale. Delivery of a final, National Instrument 51-101 compliant Assessment is expected on or about the end of January 2011.

Contact will continue to employ both the best technical and business strategies to develop its assets to maximize shareholder value.

Contact's management, employees and directors extend the warmest of holiday greetings to shareholders, friends and family as we look forward to an exciting New Year.

[Tomu]

Antwort auf Beitrag Nr.: 40.748.341 von Tomu am 22.12.10 08:18:50

Hört sich ja gar nicht schelcht an :-)

[inthiscase]

Antwort auf Beitrag Nr.: 40.748.344 von Tomu am 22.12.10 08:19:09

es liest sich sehr gut. Das könnte das perfekte Weihnachtsgeschenk werden.
Wenn die Produktionsrate in dem Bereich um 500bbl gehalten werden kann sind das klasse Löcher. CEX glaubt diese Raten halten zu können sonst würden sie ja nicht extra das ganze Equipment auf die höhere Produktion anpassen. Ausserdem glauben die dass man in Stoney Creek nochmal zwölf solcher Löcher bohren kann.
News kam ja nachbörslich, bin sehr gespannt wie die drüben drauf reagieren...

[kaktus7]

0,4 in Canada!!!!!

Wir werden alle reich!!!!!!!!!!!!!!!

[inthiscase]

Antwort auf Beitrag Nr.: 40.748.733 von inthiscase am 22.12.10 09:35:21

merkt ja scheinbar niemand was hier abgeht nach der News...

mal zur Ansicht:

[inthiscase]

Antwort auf Beitrag Nr.: 40.751.163 von kaktus7 am 22.12.10 15:40:54

tschuldigung es hatte doch schon jemand bemerkt

[Tomu]

ja wunderbar :-)
so kanns weitergehen :-)

[kaktus7]

Hatte einen Verkufsauftrag in Canada zu 0,65 stehen.
Habe 0,37 bekommen.
Bin jetzt raus mit saftigem Gewinn.
Hätte ich nach all den Jahren kaum noch für möglich gehalten!

[glorianer]

Antwort auf Beitrag Nr.: 40.751.310 von kaktus7 am 22.12.10 16:02:07

geil-geil-geil

[inthiscase]

Antwort auf Beitrag Nr.: 40.751.169 von inthiscase am 22.12.10 15:41:37

neues Hoch und Mega-Volumen

und ich Depp hab mir heute morgen keine mehr gekauft, obwohl ich wusste das die News gut ist und die auch schon gestern Nacht gesehen habe. Aber hinterher ist man ja immer schlauer.

Hoffentlich halten sich die Flow Rates, wenn ich mich recht erinnere gab es schonmal ein Loch das Anfangs ca. 200bbl/d geliefert hatte, aber dann schnell abgefallen ist... Aber vielleicht haben die ja jetzt echt die richtige Technik für das Feld gefunden.

[beacker38]

sehr schön

[Hoschibaer]

Na das sieht doch mal geil aus!!!

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.752.011 von Hoschibaer am 22.12.10 17:48:05

Schon 10.046.550 Contact gehandelt,da geht heute ja die Post ab!!

[inthiscase]

Antwort auf Beitrag Nr.: 40.752.557 von Hoschibaer am 22.12.10 19:21:13

das Volumen ist nahezu unglaublich, schon bald zwölf Millionen Stücke umgegangen.
Das erinnert mich bspw. an die goldenen Falcon Oil Zeiten, die von 0,50 auf 7 CAD gelaufen ist. Mit solchen Volumina fing das an, draus geworden ist zwar nichts (bislang), aber CEX darf das ruhig wiederholen. Das ist allerdings Wunschdenken

Unbedingt zu beachten und neben den klasse Bohrlöchern vllt. sogar noch wichtiger ist der letzte Abschnitt der News:

"Contact is also pleased to provide an update on the technical assessment of the Company's unconventional shale gas resources by GLJ Petroleum Consultants Ltd. ("GLJ"). A draft Petroleum Initially-In-Place Study and Resource Assessment (the "Assessment") has been prepared by GLJ that confirms Contact's expectations for Total Petroleum Initially-In-Place volumes associated with the Frederick Brook Shale. Delivery of a final, National Instrument 51-101 compliant Assessment is expected on or about the end of January 2011."

Das neue MM hatte von Anfang an sehr hohe Erwartungen bzgl. des Frederick Brook Shale, wenn die also bestätigt wurden...

[Tomu]

ich gehe davon aus, dass wir hier bis ende januar deutlich über 1 CAD stehen werden!

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.752.877 von inthiscase am 22.12.10 20:18:54

:eeka gebe ich dir absolut Recht!!! Das neue MM hat den Laden wohl besser im Griff!
Oder bessere Möglichkeiten!

[GuenterNetzer]

So Jungs, endlich nimmt CEX Fahrt auf und ich kann vor allem "inthiscase" nur zustimmnen, dass der Verlauf perfekt ist für einen weiteren Anstieg...auf dieses Volumen haben wir gewartet und die NEWS sind nachhaltig und substantiell...

GN

[Pirat_Micha]

ktuell

0,33 bB

Zeit

23.12.10 09:34:38

Diff. Vortag

+10,00 %

Tages-Vol.

16.500

Geh. Stück

50.000

erst interessiert sich keiner für CEX und dann kaufen sie wie verrückt

[GuenterNetzer]

Der Kurs in Frankfurt läuft nach oben......kann ich gut verstehen, es kann gut sein, dass bei dem mörderischen Volumen in Kanada gestern ein paar Börsenbriefe anspringen und CONTACT auf den Ticker nehmen...dann sehen wir den nächsten Schub heute über 0,50 CAND!!!

GN

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.754.883 von GuenterNetzer am 23.12.10 10:21:42

Auf dem Kurslevel kann die Konso.in aller Ruhe weitergehen!!
1
2
3
4
5
6
7
8
9
So war lange genug!! Nun kann es weiter hoch gehen!!

[inthiscase]

der heutige Handel gefällt mir bislang ziemlich gut. Sehe da keine Abverkaufstendenz zur Zeit, trotz des Kurssprungs gestern. Ein paar haben Gewinne mitgenommen, ist aber alles aufgefangen worden auf 0,42 und darüber. Gerade wurde ein neues Hoch markiert auf der 0,445 CAD. Weiter so...

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.757.749 von inthiscase am 23.12.10 17:49:02

genau so sehe ich das auch! Besser es geht etwas langsamer,aber dafür nach oben.

[Hoschibaer]

Press Release Source: Contact Exploration Inc. On Thursday December 23, 2010, 4:32 pm EST

(TSX-V:CEX)

CALGARY, Dec. 23 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) announces that it has adopted a Shareholder Protection Rights Plan (the "Rights Plan"). The Rights Plan is similar to existing shareholder rights plans adopted by other Canadian public companies. The Rights Plan has not been adopted in response to, or in anticipation of, any known take-over bid.

The Rights Plan's objectives are to ensure, to the extent possible, that all shareholders of the Company are treated equally and equitably in connection with any takeover bid for the Company. The Rights Plan discourages discriminatory, coercive or unfair takeovers of the Company and gives the Board of Directors (the "Board") time, if, in the circumstances, it is appropriate to take such time, to evaluate the proposed transaction and to conduct an orderly process to maximize shareholder value. Such process may include the solicitation of superior proposals, consideration of alternative structures, identification of other potential bidders or the conducting of an orderly auction.

The Rights Plan requires approval by Contact's shareholders within six months of the Rights Plan's effective date. The Rights Plan will be put to shareholders for their consideration at the next annual and special meeting of shareholders of the Company, to be held before June 23, 2011. If the Rights Plan is not confirmed by Contact's shareholders, it will terminate and be void and of no further force and effect.

The Board has implemented the Rights Plan by authorizing the issuance of one right (a "Right") in respect of each common share (the "Common Shares") of the Company outstanding at the close of business on December 23, 2010 (the "Record Time"). In addition, the Board authorized the issuance of one Right in respect of each additional Common Share issued from treasury after the Record Time. The Rights trade with and are represented by Contact's Common Shares. Until such time as the Rights separate from the Common Shares, when they become exercisable, Rights certificates will not be distributed to shareholders.

If a person, or a group acting jointly or in concert, acquires (other than pursuant to an exemption available under the Rights Plan) beneficial ownership of 20 percent or more of the Common Shares, Rights (other than those held by such acquiring person which will become void) will separate from the Common Shares with each Right then permitting the holder thereof to purchase from the Company that number of Common Shares having an aggregate market price (as determined in accordance with the Rights Plan) on the date of consummation or occurrence of such acquisition of Common Shares equal to twice the exercise price of the Rights for an amount in cash equal to the exercise price. The exercise price of the Rights pursuant to the Rights Plan is $100.00 per Right. At any time prior to the Rights becoming exercisable, the Board may waive the operation of the Rights Plan with respect to certain events before they occur.

The issuance of the Rights is not dilutive and will not affect reported earnings or cash flow per share until the Rights separate from the underlying Common Shares and become exercisable or until the exercise of the Rights. The issuance of the Rights will not change the manner in which shareholders currently trade their Common Shares.

[GuenterNetzer]

Tja Leute, unsere CONTACT scheint als Übernahmekandidat interessant zu sein...unser Schaden wird es nicht sein!

GN

[Hoschibaer]

Toronto Stock Exchange and TSX Venture Exchange will close at 1 p.m. ET on Friday December 24. The exchanges will be closed on Monday, December 27 and Tuesday, December 28, and will reopen for normal market hours on Wednesday, December 29.

Die haben es gut wir sollten auch nach Canada ziehen!!

[alles_wird_gut_in_2011]

Angenommen der NI Ende Januar fällt mindestens zufriedenstellend aus - was meint ihr wo kurstechnisch dann die Reise hingehen wird

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.769.298 von alles_wird_gut_in_2011 am 28.12.10 17:24:14

Na ich hoffe ja aufwärts!! Wenn wir den € wieder sehen bis Ende Juni 2011
bin ich ganz zu frieden!!

[alles_wird_gut_in_2011]

Antwort auf Beitrag Nr.: 40.769.656 von Hoschibaer am 28.12.10 18:28:03

Klar aufwärts

Die Frage ist nur wohin. 1 € bis Juni erscheint mir angesichts der denkbaren Szenarien zu wenig

Wenn der NI gut ausfällt sollten sogar alte Höhen wieder möglich sein - natürlich nicht sofort

Nur meine persönliche Meinung

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.770.139 von alles_wird_gut_in_2011 am 28.12.10 19:53:27

Das wäre toll dann könnte ich mich langsam zur Ruhe setzen!!

[alles_wird_gut_in_2011]

Warten wir's mal ab - sind ja nur noch so um die 4 Wochen

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.770.220 von alles_wird_gut_in_2011 am 28.12.10 20:09:39

Bin mal gespannt was das mit diesem Aktionersschutzplan auf sich hat!!Ist in der Regel ja nichts schlechtes!Warten wirs ab!

[RaimondoEntertainment]

Antwort auf Beitrag Nr.: 40.770.270 von Hoschibaer am 28.12.10 20:22:03

Klingt auf jeden Fall erstmal als ob man die Aktionäre ernst nehmen will und damit nach einem seriösen Unternehmen.
Die letzten Jahre waren ja für die Aktionäre nicht einfach, d.h. wenn man gehalten hat.
Hatte das Invest schon abgeschrieben...

Damals 2006 der Push von Bullvestor, der rote Bulle oder so ähnlich... Keine guten Umstände und dann kamen auch Absturz und Agonie.

Glück auf!

RE

[inthiscase]

Antwort auf Beitrag Nr.: 40.772.586 von RaimondoEntertainment am 29.12.10 12:15:18

das mit dem Shareholder-rights-plan-dings hab ich mittlerweile schon öfter gesehen. Ist eher ein Non-Event, bei Bravo Gold bspw. ging's nachdem die das verabschiedet hatten nur runter.
Aber unsere CEX entwickeln sich weiterhin sehr gut. Gestern neues Hoch bei 0,44 CAD, heute ebenfalls wieder JH bei 0,45 CAD. Es könnte nach dem Jahreswechsel, wenn das Gros der Investoren ihren Urlaub beendet hat, einen schönen Run auf CEX geben...

Fänd ich jedenfalls klasse

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.779.963 von inthiscase am 30.12.10 17:00:27

Hallo inthiscase weist du für was so ein Plan überhaupt nötig ist und was will man damit bezwecken?Oder hat ein anderer eine Antwort darauf!!
Mfg Hoschib.

[inthiscase]

Antwort auf Beitrag Nr.: 40.780.133 von Hoschibaer am 30.12.10 17:34:22

detailliert kenne ich mich damit nicht aus und weiß nur das was in der News dazu steht. Grob gesagt dient der Plan dem Schutz der Aktionäre im Falle einer Übernahme und soll sicherstellen das alle Aktionäre gleich behandelt werden. Der Plan räumt dem Vorstand diverse Rechte ein, bspw. andere Bieter für die Company zu suchen etc..

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.780.227 von inthiscase am 30.12.10 17:50:52

Danke für deine Info!Es sind schon über 800000 Aktien gehandelt und der Kurs kommt nicht groß von der Stelle!!

[alles_wird_gut_in_2011]

Antwort auf Beitrag Nr.: 40.780.402 von Hoschibaer am 30.12.10 18:28:09

Ruhig Blut - besser langsam und dafür stetig nach oben

Bis Ende Januar ist ja noch genügend Zeit

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.780.693 von alles_wird_gut_in_2011 am 30.12.10 19:38:31

Stimmt da muß ich dir recht geben!!

[Tomu]

neues jahreshoch in CAN :-) 0.445

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.780.865 von Tomu am 30.12.10 20:10:59

0,475 neues Hoch in Can!!

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.781.243 von Hoschibaer am 30.12.10 21:37:44

Wünsche allen Contact Investoren einen guten vor allem ein gesunden Rutsch ins Neue Jahr 2011!!
Auf das es unser Jahr werde!
MFG Hoschib.

[Tomu]

das jahr ist noch nicht vorbei
RT 0.485 CAD

[inthiscase]

Antwort auf Beitrag Nr.: 40.782.852 von Hoschibaer am 31.12.10 13:45:19

sieht auch heute klasse aus...neues Hoch bei 0,485 CAD!
Die 0,50 CAD Marke könnte vielleicht erstmal einen zu harten
Wiederstand darstellen, sollte der allerdings heute noch geknackt
werden, hätten wir den perfekten Jahresabschluss.

Allen einen guten Rutsch und ein erfolgreiches neues Jahr!

[alles_wird_gut_in_2011]

Antwort auf Beitrag Nr.: 40.783.438 von inthiscase am 31.12.10 16:03:33

Könnte gut sein daß es heute noch nix wird mit den 0,50 CAD.

Aber spätestens nächste Woche sind se fällig

Ich rechne mit einem kontinuierlichen Anstieg bis Ende Januar.

Lasst uns die Daumen drücken daß der NI gut ausfällt.

Allen Investierten (und stillen Mitlesern) einen guten Rutsch!

Ich persönlich bin der Meinung daß wir 2011 einiges erwarten können von Contact

[seapower69]

Antwort auf Beitrag Nr.: 40.783.466 von alles_wird_gut_in_2011 am 31.12.10 16:10:19

Ich auch

[Hoschibaer]

Hallo Leute alle gut ins neue Jahr gekommen ?? Weiß einer warum in München nicht gehandelt werden kann,da kommt immer der Satz!

Bitte beachten Sie folgenden Hinweis!
Eine Orderplatzierung ist am gewählten Handelsplatz aufgrund einer Kursaussetzung zur Zeit nicht möglich. Bitte wählen Sie einen anderen Handelsplatz oder versuchen Sie es später noch einmal.

Wenn man in Frankfurt ordern will kommt kein Hinweis!

Mfg.Hoschib.

[alles_wird_gut_in_2011]

Antwort auf Beitrag Nr.: 40.783.466 von alles_wird_gut_in_2011 am 31.12.10 16:10:19

Na, da hab ich mich wohl getäuscht mit dem Angriff auf die 0,50 CAD

Schaut nach einem kleinen Rücksetzer aus - zudem bisher heute kaum Umsatz.
Treibt mir aber erstmal keine Sorgenfalten auf die Stirn

Frohes Neues im Übrigen

[inthiscase]

Antwort auf Beitrag Nr.: 40.805.470 von alles_wird_gut_in_2011 am 05.01.11 17:47:18

bei dem Minimalvolumen bislang würde ich den Rücksetzer fast schon positiv werten, da ja scheinbar niemand obwohl Kurs im Minus ist, verkauft. Also fühlt sich bislang auch niemand genötigt Gewinne mitzunehmen. Solange da keine größeren Blöcke ins bid gegeben werden, sehe ich das als Luft holen für den nächsten Anstieg...

[GuenterNetzer]

Sieht sehr gut aus...jeder Rücksetzer wird noch am Tag mit gutem Volumen zurückgekauft...

GN

[GuenterNetzer]

Leider wird das Volumen in Kanada schwächer......wir werden mit einem Rücksetzer rechnen müssen...es sind noch ein paar Wochen bis zu den NEWS und mich würde es ehrlich gesagt nicht wundern, wenn so mancher ein paar Gewinne mitnimmt...

GN

[alles_wird_gut_in_2011]

Antwort auf Beitrag Nr.: 40.821.814 von GuenterNetzer am 07.01.11 17:47:05

Schlappes Volumen aber im Plus geschlossen
Schönes Wochenende

[GuenterNetzer]

Holla die Waldfee...es geht wieder was! Sollte das schon der kleine Knick gewesen sein nachdem es jetzt bis zur nächsten NEWS wieder nach oben geht...oder sind das noch Spielchen?

GN

[oannes]

150 000, OTC !!!

[alles_wird_gut_in_2011]

Antwort auf Beitrag Nr.: 40.850.517 von oannes am 12.01.11 20:04:49

Auch heute wieder recht munteres Treiben in CAN. Tag X scheint näher zu rücken

[inthiscase]

http://nbbusinessjournal.canadaeast.com/journal/article/1373…

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.920.994 von inthiscase am 25.01.11 15:26:37

CALGARY, Jan. 25 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce a summary of the results of an independent study (the "Study") of the quantity of shale gas resource contained on Company lands within the Frederick Brook Member of the Albert Formation in the Hillsborough region of the Moncton sub-basin in southern New Brunswick. The Study, effective December 31, 2010, was conducted by GLJ Petroleum Consultants Ltd. ("GLJ") of Calgary, Alberta in accordance with the Canadian Oil and Gas Evaluation Handbook and National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. The results of the Study are based on all available seismic and well information within the Study area provided by Contact to GLJ, as well as non-confidential data available from other operators in the sub-basin. The Study uses seismic and numerous wells to define the areal extent and thickness of the Frederick Brook shale on Company lands and also to correlate to other wells near the Elgin area that have successful gas tests in the Frederick Brook shales. The Study states that the best estimate(1) of prospective resources(2) on Company lands is 2.138 TCF based on a 20% recovery factor of the undiscovered petroleum-initially-in-place of 10.897 TCF gross and 10.690 TCF Contact working interest (98.1%) (please refer to table below). The Study concludes that recovery factors should range between 10 and 30 percent for such resources, with a P50 case of 20 percent.

There is no certainty that any portion of the resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources.
Total Frederick Brook Shale Resource P90
(Low Estimate) P50
(Best Estimate)(1) P10
(High Estimate)
Gross Interest Petroleum Initially in Place 7.659 TCF 10.897 TCF 15.264 TCF
Working Interest Petroleum Initially in Place 7.513 TCF 10.690 TCF 14.974 TCF
Recoverable Prospective Resources(2) 750 BCF 2.138 TCF 4.492 TCF

Notes:

1. "Best estimate" is defined as the value that best represents the expected outcome with no optimism or conservatism.
2. Prospective resources are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from undiscovered accumulations by application of future development projects. Prospective resources have both an associated chance of discovery and a chance of development. Prospective resources are further subdivided in accordance with the level of certainty associated with recoverable estimates assuming their discovery and development and may be subclassified based on project maturity.

Numerous aspects of this shale gas resource provide encouragement to Contact for the further development of the Frederick Brook shale:

* The reported resource considers "free" gas-in-place ("FGIP") in available porosity only and does not consider adsorbed gas within existing kerogen or clays which may add materially to the total volume of gas-in-place;
* Relative to the majority of shale gas reservoirs identified, the Frederick Brook is over-thickened across much of the Hillsborough area, enabling high FGIP accumulations;
* Well penetration in the Hillsborough area confirm pore pressure within the Frederick Brook shale to be significantly greater than hydrostatic pore pressure, resulting in higher than normal formation pressures within the shale;
* Mineral types and percentages within the Frederick Brook in the Hillsborough area suggest that the rock will deform in a brittle fashion when placed under stress;
* Core data from the Hillsborough #1 well confirms open natural fractures within the Frederick Brook shale section which could materially enhance storage and deliverability of hydrocarbons; and
* Although yet to have an independent reserves assessment performed, another thick organic-rich shale has also been identified above the Frederick Brook in the Hiram Brook Member of the Albert Formation. Similar rock properties have been observed in this unit.

The Company continues to investigate various business strategies that will enable it to understand, evaluate and generate future shareholder value from this shale gas resource that resides on Contact's acreage. This may include a future vertical appraisal well or seeking a joint venture partner to determine the commerciality of the shale gas resource.

Operations Update

In late 2010, Contact successfully drilled and completed a two well horizontal drill program which was designed not only to secure increased production from the field, but to additionally facilitate future development. Contact had planned the wells to investigate reservoir quality, continuity and pressure in different regions of the oil pool. The wells were also drilled at different geometric orientations to assist in better understanding stress regime and operational efficiency of drilling, completing and producing in the different orientations.

Since being placed on production, the N-88 well (800m, 8 stages) has steadily averaged over 120 bbl/d oil, pump restricted, with varying but decreasing water cuts. The N88 well is now shut-in for a downhole pump replacement and is expected to resume production shortly.

The K-78 well (600m, 6 stages) initially began production at 200 bbls/day total liquids, pump restricted. The well production declined to approximately 60 bbls/day oil and produced at this level for one week. The K-78 well was then shut-in so that various reservoir parameters could be evaluated through pressure build-up and analysis. This well has been placed back online as of January 22, 2011.

Contact remains very encouraged with the Stoney Creek reservoir and the results of its recent drilling program. Aggregate production from the field is now approximately 10 times what it was prior to Contact placing its two new wells on-stream. Additionally, the Company has gained new understanding of stress regime and relationship to well performance enabling future wells to be drilled in the optimum trajectory. The K78 well, although accessing equal or higher reservoir pressure than the N88 well, appears to have been less effectively stimulated, likely related to fracture growth parallel to well trajectory, rather than perpendicular to the well bore as experienced at N88. The Company remains confident that at least 12 future wells, modeled off the N-88 geometry, can yield economic performance.

Contact is currently planning a multi-well program in Stoney Creek for 2011 to be coordinated with a new drill into the Hopewell Prospect. The Hopewell Prospect, located approximately 8 kilometers south of the Stoney Creek Field, is defined by both well and seismic data. The reservoir appears to have slightly lower porosity than the primary oil zone observed at Stoney Creek, but is of greater areal extent than the Stoney Creek oil field and has already tested light oil from a flanking well. Contact believes that with the application of current drilling and completions technology this prospect and others flanking the Stoney Creek field may be capable of the economic recovery of hydrocarbons.

About Contact Exploration Inc.

Contact Exploration Inc. is a public company with a focus on Canadian East Coast onshore oil and gas production and exploration. Our philosophy is to operate production and exploration in our core area of Atlantic Canada and to participate through overrides and carried interests in certain regional unconventional plays, such as coalbed methane in the Cumberland Basin, shale gas in the Windsor area, and exploration on the west coast of Newfoundland. Contact has onshore interests in Nova Scotia, Newfoundland and New Brunswick which includes the Stoney Creek Field. In addition to the Atlantic Canadian properties, Contact has producing oil assets in south eastern Saskatchewan.


ADVISORY: This press release contains certain forward-looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the forgoing, this press release contains statements concerning the amount of hydrocarbons that may be commercially recovered from the shale gas resources within the Company's Hillsborough property as indicated by the Study, the business strategies that may be pursued by the Company to develop the Hillsborough shale gas resource, the timing of resumption of crude oil production from the Company's N-88 well in Stoney Creek, the exploration and development of the Company's properties in the Stoney Creek area of New Brunswick, including the Hopewell prospect, the ability of the Company to drill additional oil prospects in New Brunswick and possible results from the drilling and completing of such additional oil wells. Although Contact believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Contact can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. In particular, there is no certainty that any portion of the resources within the Company's Hillsborough property will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources. Further, no assurances can be given that the Company's exploration and development activities in the Stoney Creek or other areas of New Brunswick will be successful, that material volumes of petroleum and natural gas reserves or resources will be encountered from such activities, or if encountered can be produced on a commercial basis or that current levels of crude oil production, or estimates of potential crude oil production in the future, from the Company's recently drilled horizontal wells in Stoney Creek are sustainable or will be met. Further, events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. Additional information regarding some of these risk factors may be found under "Risk Factors" in the Company's Management Discussion and Analysis prepared for the year ended March 31, 2010. The reader is cautioned not to place undue reliance on this forward-looking information. The forward looking statements contained in this press release are made as of the date hereof and Contact undertakes no obligations to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

[Hoschibaer]

Antwort auf Beitrag Nr.: 40.921.183 von Hoschibaer am 25.01.11 15:46:07

In Can. scheinen die Anleger nicht begeistert zu sein von der News!!!

[inthiscase]

Antwort auf Beitrag Nr.: 40.921.332 von Hoschibaer am 25.01.11 16:00:15

die erste Reaktion ist nicht so toll...
schlecht finde ich das aber nicht, vllt. etwas schlechter als von manchen
erwartet (erhofft).

[alles_wird_gut_in_2011]

Wahrscheinlich ging es erstmal nach unten wegen der News zu den beiden Wells. Bei N-88 Pumpe kaputt, bei K-78 konnten die Fördermengen nicht gehalten werden. Bleibt zu hoffen daß das neue Management diese Dinge besser in den Griff bekommt. Pläne bezüglich neuer Bohrungen scheinen sich nicht geändert zu haben. Ohne neue News zu den beiden Wells, neuer Bohrungen oder aber ein JV (shale gas!) wird sich erstmal wenig bewegen.

(Im Stockhouse-Forum wird wegen der Wells übrigens auch kräftig diskutiert)

Andere Meinungen?

[inthiscase]

Schönes Intraday-Reversal und die 0,40 CAD wieder erreicht.

In Stockhouse wurde ein Farm-In Agreement ins Spiel gebracht. Unabhängig davon ob der Kerl der das sagt wirklich dafür ne Quelle hat, halte ich es ebenfalls für sehr wahrscheinlich, dass man sich nicht komplett selbst daran begibt das shale-gas-Vorkommen zu explorieren. Halte es für wahrscheinlicher (da shale-gas-Exploration sehr kosteintensiv ist), dass sich CEX hauptsächlich weiter auf Stoney Creek mit Öl befasst und sich mit dem Bericht in der Hinterhand auf Partnersuche begibt. Apache hat sich ja schon dazu hinreißen lassen bei CDH einzusteigen, daher könnten da einige kommen die sich auch in der Region engagieren wollen...

[alles_wird_gut_in_2011]

Antwort auf Beitrag Nr.: 40.932.699 von inthiscase am 26.01.11 23:53:20

[MONEY_MONEY]

Was meint ihr...
ist aktuell ein guter Zeitpunkt um nachzukaufen ?
oder sollte man ehr noch abwarten ???

[teppichprofi]

Antwort auf Beitrag Nr.: 40.977.732 von MONEY_MONEY am 03.02.11 17:59:20

Der Zeitpunkt zum Nachkauf war hier schon immer schlecht! Der Bullvestor Mist wird es nie zu was bringen. Und wenn die von der Aktie nichts mehr wissen wollen springt ein G.Netzer ein, um die Aktie ein letztes mal zu pushen. Aber der ist auch bald wieder weg.

Schaut mal auf den Chart. Immer tiefere Tiefs und immer tiefere Hochs. Das muß doch jedem der nur etwas von Börse versteht über die Werthaltigkeit der Aktie informieren.
Der werte Herr Thread Eröffner wird sich auch bald verflüchtigen, das macht er immer so wenn er einen neuen Thread eröffnet hat, und pushen unter Hohngelächter untergeht!

[alles_wird_gut_in_2011]

Antwort auf Beitrag Nr.: 41.019.920 von teppichprofi am 10.02.11 20:07:46

Sorry aber das mit den immer neuen Tiefs ist gelinde gesagt Blödsinn. Scheinbar hast Du Dich schon länger nicht mehr mit der Aktie beschäftigt (wenn Du es überhaupt jemals getan hast). Allzeit-Tief war bei weniger als 4 Cent. Davon sind wir meilenweit entfernt. Weitere Wells werden dieses Jahr gebohrt. Mit höheren Kursen ist also durchaus zu rechnen.
Wer 2006 eingestiegen ist hatte mehr als genug Zeit um zu verbilligen.

Was also willst Du uns mit Deinem Post sagen? Panikmache?

[inthiscase]

Antwort auf Beitrag Nr.: 41.026.584 von alles_wird_gut_in_2011 am 11.02.11 17:52:22

das Posting sagt lediglich, dass der Teppichprofi sich scheinbar nicht mit CEX beschäftigt hat, das zeigt schon alleine die Anspielung auf den Bullvestor-Push, der ja bekanntlich schon Jahre her ist. Scheinbar hat er auch verpasst, dass es ein neues MM gibt und das es seit dem letzten PP deutlich mehr Aktien gibt. Dadurch ist auch der Spruch mit immer tiefern Tiefs, immer tiefere Hochs Quatsch, da wir von der MK her das letzte Hoch schon deutlich übersprungen haben und immer noch drüber stehen.

Die Begründung ist halt kompletter Quatsch. Bspw. schreibt sich Bullvestor seit dem Anstieg wieder auf die Fahne mal CEX empfohlen zu haben (was natürlich auch für Blöde ist, da die Empfehlung von denen nur Push mit völlig überhöhten Kursen war und somit komplett falsch), also von nichts mehr wissen keine Spur. Und das aus ex BV Aktien per Definition nichts werden kann ist auch Müll, dann muss man sich nur bsphaft Mawson Res. oder noch besser Exeter Res anschauen...

Um mal auf die Nachkauffrage einzugehen, bislang wird die 0,30 CAD hartnäckig verteidigt. Der Käufer lässt sich zw. 0,31 und 0,33 immer bedienen und die Verkäufer machen bislang keine Anstalten auf diesem Level noch verstärkt zu schmeißen was das abnehmende Volumen zeigt. Zudem verläuft hier auch der Aufwärtstrend. Wenn man noch investieren will und denkt, dass CEX die Probleme mit den neuen Wells lösen kann und an eine weitere positive Entwicklung glaubt, dann ist das beim momentanen Stand charttechnisch keine schlechte Idee. Ist halt nen Explorer es können positive News kommen oder negative. Für mich spricht einiges dafür dass es bspw. zu einem JV für South Stoney Creek kommen kann, dass wäre bspw. positiv zu sehen oder dass die production rate der neuen wells sich auf hohem Niveau stabilisiert hat, umgekehrt könnte die Rate der wells auch zusammengebrochen sein wird sich bald zeigen...

[teppichprofi]

Antwort auf Beitrag Nr.: 41.027.861 von inthiscase am 11.02.11 20:57:19

Du hast natürlich Recht, mit der Aktie habe ich mich schon längere Zeit nicht ausgiebig beschäftigt. Die hatte ich eigentlich schon abgeschrieben, und bin eigentlich mehr durch Zufall wieder darauf gekommen. Erster Kauf war Febr. 2006. Mehr brauch ich sicher nicht zu sagen.
In Bezug Hochs + Tiefs stimmt meine Aussage 100%ig, allerdings nur in der Betrachtung des Kurtzfristchart! (ab letztes Drittel Dez). Danach ist nicht mit Besserung zu rechnen!
Setzt sich auch im Moment noch fort.
Eine Auswechselung des MM und Ausgabe neuer Aktien, ist gerade in dieser Branche üblich, und ist nur für sich betrachtet ohne jeglichem Belang.
Bullvestor ist ein elendes Puscherblatt, das viel Schaden anrichtet. Da werde ich meine Meinung auch nicht ändern. Auch wenn ich selbst durch die mal einen sehr guten Gewinn gemacht habe (zur Erinnerung Tournigan Gold WKN 898464).

Durch Deine Post habe ich mal einen minimalen Überblick erhalten. Werde mal weiter etwas nachforschen. Ein Nachkauf kommt aber erst nicht in Frage.
Wieviel Kohle ist denn in der Kasse? Ist ja wichtig, für die Betrachtung Ihrer Produktivitäten. Nicht, dass bald die nächste Verwässerung schon in Sicht ist!

[inthiscase]

Antwort auf Beitrag Nr.: 41.047.139 von teppichprofi am 16.02.11 07:08:24

bezüglich der Kasse lässt sich das für Aussenstehende zur Zeit schwer sagen, da Ende letzten Jahres ja einiges verbohrt worden ist. Dann kommen jetzt auch noch Kosten für das neue Equipment, wegen der erhöhten Förderung dazu. Allerdings hatte man ja auch bei 0,20 noch ein PP durchgeführt.
Hab aber gerade mal auf Sedar nachgeschaut und gesehen, dass so ca. in den nächsten zwei Wochen der Finanzbericht Okt-Dez 2010 zur Veröffentlichung anstehen dürfte, daraus kann man das dann ein wenig ableiten.

[Pirat_Micha]

mal am rande bemerkt... gute Auszeichnung :

[teppichprofi]

Antwort auf Beitrag Nr.: 41.051.186 von inthiscase am 16.02.11 16:04:23

Danke für die Info

[schuppe07]

Antwort auf Beitrag Nr.: 41.052.883 von teppichprofi am 16.02.11 19:34:31

BITTE...sehr gern

[schuppe07]

Antwort auf Beitrag Nr.: 40.977.732 von MONEY_MONEY am 03.02.11 17:59:20

mensch junge...wie kann man hier nur mit einem kauf liebäugeln ????
bin völlig rat-und sprachlos....ehrlich.kannst die kohle auch aus dem fenster werfen oder besser mi überweisen.ich legs dann gewinnbringend für uns an ok.

LASS DIE FINGER VON DEM MÜLL HIER !!!!!!!!!!!
ein kostenloser rat von mir.

[inthiscase]

die Filings sind da. MD&A und Financial Statements. Findet man bei sedar.com

[inthiscase]

Antwort auf Beitrag Nr.: 41.133.503 von inthiscase am 02.03.11 15:08:00

starkes bid heute:

BID
Orders Volume Price Range
16 708,000 0.285-0.305
ASK
Price Range Volume Orders
0.310-0.335 173,500 9

[inthiscase]

Antwort auf Beitrag Nr.: 41.103.803 von schuppe07 am 25.02.11 00:59:23

hast Du auch schon gesagt, als der Kurs noch unter 0,10 stand.
Seitdem hat sich der Kurs bislang mehr als verdoppelt und
zwischenzeitlich schon mehr als verdreifacht.

dann war Dein Ratschlag zwar kostenlos aber das Depot blieb auch gewinnlos...

[inthiscase]

das erste Mal, dass du dich in diesem Thread gemeldet hast, war mit der nachfolgenden Aussage. Man beachte das Datum, war exakt am Tief...

Ist ja in Ordnung deine Meinung zu äussern, aber nur um der Vergangenheit willen und aufgrund eigener Fehler hier pauschal Aussagen einzustellen hilft eigentlich niemandem so richtig weiter. Kann ja sein, dass CEX wieder Fahrt in Richtung Null aufnimmt, wenn Du das schon ahnst, dann bitte mit anständig begründeter Meinung schreiben oder gleich dabei sagen, dass das nur so'n Gerede ist, weil man mal damit verloren hat.

Zitat von schuppe07: NEIN!!!!
hier wird in diesem und generell überhaupt nichts mehr passieren

hau den mist raus und fahr irgendwo nen happen essen von den restlichen pimperlingen-da hast du wenigstens mal nen vollen bauch

hier sind alle drauf rein gefallen und abkassiert worden,auch ich-nur hab ich bei 0,40 oder 0,60(weiss nicht mehr genau)die reissleine gezogen und ich bin im nachhinein heilfroh,wenn ich mir den heutigen kurs anschau-einfach unglaublich das desaster hier,aber so ist das leider....9,5 explorer von 10 sind SCHROTT

frohe weihnachten allen und nie wieder bullis und profis schrottaktien kaufen,sondern VERKAUFEN(also short nach empfehlung)

[Chief_Justice]

Zitat von inthiscase: die Filings sind da. MD&A und Financial Statements. Findet man bei sedar.com

Hat sich das schon mal jemand zu Gemüte geführt ?
Ich habe mal kurz reingeschaut... aber bis ich das Übersetzt habe,
steht die Aktie wahrscheinlich auf 4,50 €

Wäre nett, wenn jemand die wichtigsten Punkte kurz zusammenfassen könnte
oder zumindest mal schreiben kann ob's gut oder eher schlecht ausgefallen ist.

Danke

Grüße Chief

[inthiscase]

Antwort auf Beitrag Nr.: 41.135.250 von Chief_Justice am 02.03.11 18:15:45

hab mal grob! drüber geschaut und nichts außergewöhnliches gefunden.
Wenn ich mich grad richtig erinnere ca. vier Millionen Cash zum 31.12.
Die Filings an sich dürften daher kein großes Event darstellen.
Einzig neu erwähntes ist, dass CEX jetzt ne 2011 TSX 50 Company ist, was hier aber auch schon erwähnt wurde.
Vllt. habe ich aber auch was übersehen...

[Chief_Justice]

Zitat von inthiscase: hab mal grob! drüber geschaut und nichts außergewöhnliches gefunden.
Wenn ich mich grad richtig erinnere ca. vier Millionen Cash zum 31.12.
Die Filings an sich dürften daher kein großes Event darstellen.
Einzig neu erwähntes ist, dass CEX jetzt ne 2011 TSX 50 Company ist, was hier aber auch schon erwähnt wurde.
Vllt. habe ich aber auch was übersehen...

Trotzdem danke schön.... tja und wie der Kurs gerade wieder runtergeht
sehen das die Anderen wohl auch

cu

[Chief_Justice]

Antwort auf Beitrag Nr.: 41.135.880 von Chief_Justice am 02.03.11 19:43:33

Aaaaahhhhhhhhhhh.....
was ist das denn heute für ein Sch....
Zuerst geht's up wie blöd und dann brökelt der Kurs
wieder zurück... wad soll das denn !!

Grüße Chief

[schuppe07]

Antwort auf Beitrag Nr.: 41.134.663 von inthiscase am 02.03.11 17:15:38

und wenn sich der kurs hier verfünffacht hätte,sieht man doch nun,das es nicht mehr als ein zaghafter rebound mit schwachen umsätzen war.die boys drüben haben das ding nochmal angefüttert um dann den letzten mist nochmals abzuladen.

...und sei mal ganz ehrlich!!!!....wenn hier irgend nen neuling fragt,ob man hier einsteigen soll/kann oder muss,dann wäre es fast schon strafbar ihn hier rein zu drängeln oder ?
da gibt es doch mit grosser sicherheit sehr sehr interesantere anlagemöglichkeiten.

wünsch dir und allen anderen hartgesottenen hier trotzdem viel erfolg!!!!!!!

[schuppe07]

Antwort auf Beitrag Nr.: 41.134.909 von inthiscase am 02.03.11 17:39:43

kümmer dich mal nicht so um meine aussagen hier sondern um dein geld oder was davon noch übrig ist!!!

..da hast du wirklich einiges mehr zu tun....

viel erfolg..DU wirst ihn brauchen!!!!

[Beuer]

wasn Trade:

3:01 PM EDT 0.310 500 -0.010 002 001
2:42 PM EDT 0.310 1,500 -0.010 002 099
1:30 PM EDT 0.300 1,773,000 -0.020 007 007
1:19 PM EDT 0.290 1,000 -0.030 007 074
1:17 PM EDT 0.300 358 -0.020 002 062
1:17 PM EDT 0.305 13,000 -0.015 001 074
1:17 PM EDT 0.310 6,000 -0.010 002 074
1:17 PM EDT 0.310 10,000 -0.010 081 074
12:37 PM EDT 0.320 200 0 079 062
12:37 PM EDT 0.320 500 0 079 007

Gruß
Beuer

[inthiscase]

Contact Provides Operational Update
3/31/2011 8:30 AM - Canada NewsWire

CALGARY, Mar 31, 2011 (Canada NewsWire via COMTEX News Network) --
(TSX-V:CEX)

Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to provide the following operational update. In late 2010 Contact successfully drilled and completed two horizontal wells in the Stoney Creek field in New Brunswick. Although oil productivity was strong, production levels remained below anticipated reservoir performance. The Company has now equipped the N88 well with a larger 300 bbl/d screw pump and has re-entered and cleaned-out suspected restrictions within both the N88 and K78 wells using coiled tubing. In this clean-out, both wells were found to contain significant plugs in their lateral sections, consisting primarily of frac sand. These plugs act to increase the wellbore pressure that hydrocarbons must flow against, restricting production. The location of these sand accumulations indicates that inflow from three of the six fracs in K78 and four of the eight fracs in N88 had been compromised. Although removal of these sand plugs is expected to have a positive result on production rates and reserves from each well, Contact cautions that it is too early to estimate how long the sand plugs were present, to what extent these plugs impacted initial well performance or to what extent the clean out of the wells will improve production volumes or ultimate recoverable reserves.

The N88 well was placed back online with the screw pump on March 28, 2011, initially recovering much of the workover fluid, producing 150 - 175 bbl/d in that time. The K78 well is expected to be online shortly, with swab rates suggesting that initial productivity should exceed earlier reported rates.

Contact continues to be very encouraged with the Stoney Creek reservoir and its performance. The Company is in the process of licensing four locations as part of an anticipated summer 2011 drill program and will incorporate these recent findings into a comprehensive field development program.

About Contact Exploration Inc.

[Hoschibaer]

Contact Announces Annual General Meeting of Shareholders

(TSX-V:CEX)

CALGARY, May 5 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) announces that its Annual and Special Meeting of Shareholders ("AGM") will be held on May 17, 2011 at 2:30 p.m. in the John Lecky Room at the Bow Valley Club, 370, 250-6th Avenue S.W., Calgary, Alberta. The business to be conducted at the AGM includes the appointment of directors of the Company, with the five nominees for election being: Steve Harding, Scott Hadley, Steve Haysom, Ken Bowie and Bruce Allford. The Company is pleased to include Ken Bowie (P.Eng, MBA) as a nominee for election to the Board of Directors at the AGM. Ken is a professional engineer with more than 25 years of oil and gas experience, most recently serving as the President and CEO of Spry Energy Ltd., which company was recently sold to Whitecap Resources Inc. Due to other professional commitments, Don Stachiw will not be seeking election as a director of the Company at the AGM. The Board of Directors expresses their appreciation to Mr. Stachiw for his extensive effort and dedication to the Company and his significant contributions to Contact's recent growth and success.

[inthiscase]

indirekt leider schlechte News:

Corridor Updates Frederick Brook Shale Appraisal Program
5/31/2011 5:00 PM - Market Wire

HALIFAX, NOVA SCOTIA, May 31, 2011 (Marketwire via COMTEX News Network) --
Corridor Resources Inc. (TSX:CDH) Corridor Resources Inc. announced that it received notification today that Apache Canada has elected not to proceed with the second phase of the farm-out program with Corridor in respect of the potential shale gas resource development near Elgin, New Brunswick.

As was announced by Corridor on March 30, 2011, the two horizontal wells drilled and hydraulically fracture stimulated by Apache (Will DeMille G-59 and Green Road B-41), using similar large slick water techniques, have not generated sustained shale gas production to date. In May, the Will DeMille G-59 well was re-opened and flowed frac fluid at low rates with minor gas shows over 5 days. It is important to note that, when the Will DeMille G-59 well was shut-in after initial testing in early December, 2010, it had recovered only approximately 4% of the total frac fluid.

Corridor previously reported that the Green Road B-41 well had been placed on a 45 day gas lift which ended on March 16, 2011. At that time, the well was shut-in after recovering 17% of the frac fluid. In late May, due to significant well head pressure build-up, the well was reopened and flowed gas at a maximum rate of 0.7 mmscf/d for several hours prior to frac fluids loading the well causing gas rates to decline.

Based on a consensus among third party expert consultants and Corridor technical staff, the most significant issues identified with the G-59 and B-41 well performance relate to the design of the horizontal wells in this high-stress environment and the fracture technique. Corridor believes that a different well design and frac program will lead to a commercial development of the Frederick Brook shale. It should be noted that, as previously reported, Corridor re-tested the Green Road G-41 well in December 2010, which produced gas at a constant rate of 4 mmscf/d for five days at a final flowing pressure of 1306 psi. During Q1 2011, the G-41 well was used to provide gas lift and consistently delivered the required rate of 0.5 mmscf/d during a 45 day test, at a final pressure of 2007 psi.

Corridor intends to drill two vertical appraisal wells in the Elgin area commencing late this year in order to confirm the well productivity required to proceed with a pilot phase. Based on the results of these appraisal wells, Corridor plans a staged approach to demonstrate commercial viability which would include a pilot phase with a capacity of approximately 40 mmscf/d, targeting gas production in late 2013. This program would include vertical wells in a multi-well pad design to take advantage of the shale thickness and the high gas saturations. During the pilot phase, Corridor will evaluate various drilling and completion techniques. Corridor will provide further details on the Frederick Brook shale gas development plans in a corporate presentation to be placed on Corridor's website on June 6, 2011.

In addition, Corridor will entertain discussions with potential joint-venture partners who wish to engage in a program to develop the Frederick Brook shale and who can add value to the potential development. The information and data obtained to date from Corridor's and subsequent Apache programs will be of significant value as this program advances.

It is important to recognize that the evaluation of the Frederick Brook shale gas resources is still in its early stages, and that the best estimate of gross discovered resources is 67.3 trillion standard cubic feet (as estimated by GLJ Petroleum Consultants Ltd. in the GLJ shale resources report, effective June 1, 2009.)

Corridor is an Eastern Canadian company engaged in the exploration for and development and production of petroleum and natural gas onshore in New Brunswick, Prince Edward Island and Quebec and offshore in the Gulf of St. Lawrence. Corridor currently has natural gas reserves and production in the McCully Field near Sussex, New Brunswick and discovered crude oil reserves in the Caledonia Field near Sussex, New Brunswick in 2008. In addition, Corridor has contingent resources and discovered resources of shale gas in Elgin, New Brunswick.

[inthiscase]

Contact Announces Proved Oil Reserves Increase by 91% in Fiscal 2011
6/29/2011 4:52 PM - Canada NewsWire

CALGARY, Jun 29, 2011, 2011 (Canada NewsWire via COMTEX News Network) --
Contact Exploration Inc. ("Contact" or the "Company") (TSXV: CEX) is pleased to report that an independent reserves evaluation (the "MBA Report") of the Company's oil and gas assets has been completed by Martin & Brusset Associates in accordance with the COGE Handbook. The reserves estimated are net values before tax and after royalties and were established in accordance with National Instrument 51-101 of the Canadian Securities Administrators. The reserves evaluation is effective March 31, 2011, and did not review the prospective resources assigned by GLJ in January to the Company's unconventional gas acreage. Contact's reserves are almost exclusively associated with oil and gas assets within the province of New Brunswick, which include the 100% working interest Stoney Creek Field and a recently identified oil prospect the Company wishes to exploit in the Edgett's Landing area (the "Hopewell Structure").

Highlights include:

-- Net Proved oil reserves increased in 2011 by 91% above reserve volumes reported in 2010 from 147,000 barrels to 281,000 barrels. -- Net present value of Net Proved oil reserves (discounted at 10%) increased by 260% from $3,026,000 to $10,909,000. -- Net Proved and Probable oil reserves increased by 20% from 1,429,000 barrels to 1,711,000 barrels. -- Net present value of Net Proved and Probable oil reserves (discounted at 10%) increased by 31% from $38,108,000 to $49,927,000. -- Net Proved and Probable gas reserves remained constant at 7.17 billion cubic feet of natural gas; net present value (discounted at 10%) has decreased by $6,060,000 (26%) related to currently depressed natural gas markets. -- Net present value of the entire reserves portfolio (discounted at 10%) increased by 9% from $61,438,000 to $67,197,000.


Increased reserve values have resulted from the drilling and completion of two horizontal wells in 2010, within the Company's Stoney Creek Field which confirmed excellent continuity and quality of the oil-bearing reservoir. Better definition of the field and its lateral extent has enabled superior modeling of infill drilling required for primary field development. Decreased oil reserves from the Company's small Saskatchewan property were more than offset by Stoney Creek additions and 93,000 barrels of net probable reserves assigned to the Hopewell Structure oil reservoir.

The Hopewell Structure is a newly defined oil opportunity within Contact's portfolio. The Company has obtained all necessary drilling approvals and is in the final planning stages for a new well in 2011. Oil production has already been demonstrated from a well flanking the seismically-defined structure, with significant opportunity to move up-structure with new wells.

About Contact Exploration Inc.

http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…

[Chief_Justice]

Antwort auf Beitrag Nr.: 41.724.204 von inthiscase am 30.06.11 16:33:28

Hey Folks,
wie sieht's denn gerade so bei unserem Schätzchen aus....
sind bald mit News zu rechnen, wird gerade gebohrt, usw.
Kann mich da jemand etwas updaten ?

Grüße Chief

[inthiscase]

Antwort auf Beitrag Nr.: 41.802.921 von Chief_Justice am 18.07.11 12:22:32

zwei Meldungen mal nachgereicht:

Contact Announces Year End Filings, Sale of Saskatchewan Assets and Operations Update
7/28/2011 7:18:27 PM - NFD

CALGARY, ALBERTA, Jul 28, 2011 (Marketwire via COMTEX News Network) --
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce the audited financial results for the year ended March 31, 2011. Complete filings are now available on the SEDAR website at www.sedar.com.

Year End Summary

Contact drilled two new wells in Stoney Creek during the fiscal 2011 year resulting in a significant increase in production in the fourth quarter. In addition, management utilized the data obtained during the drilling to further increase its understanding of the Stoney Creek reservoir.

Fiscal year end March 31, 2011 (Audited)---------------------------------------------------------------------------- 2011 2010 2009 $ $ $Revenues (Net of Royalties and tax credits): 1,873,585 1,281,390 1,384,904Net Loss: (1,774,713) (1,390,909) (5,504,753)Loss Per Diluted Share: (0.015) (0.022) (0.094)Total Assets: 22,337,002 13,234,353 14,620,713


Highlights from the year ended March 31, 2011 include:

-- A new Board of Directors and management team was put in place in May 2010-- Two successful horizontal oil wells were drilled and brought onto production in December 2010-- A total of $8.0 million was raised via private placements-- An independent study on the Frederick Brook Member of the Albert Formation in the Hillsborough area provided a best estimate of over 10 trillion cubic feet of free natural gas initially in place with recoverable prospective resources of over 2 trillion cubic feet. Please see Contact's press release dated January 25, 2011 for additional information regarding this study. The gas-bearing Hiram Brook Member, also highly prospective, is yet to be assessed-- The adoption of a shareholder rights protection plan which was given approval by the Company's shareholders on May 17, 2011-- Contact welcomed Ken Bowie to its Board of Directors on May 17, 2011. Mr. Bowie is a professional engineer, with extensive experience, having most recently served as President and CEO of Spry Energy Ltd.-- Estimated reserves of the Company, discounted at 10%, increased by approximately 9%; proven reserves increased by 91%-- Contact now has approximately $34.5 million in various long-life tax pools, of which only approximately $100,000 will expire in the next 3 years


Sale of Saskatchewan Assets

Effective July 1, 2011, Contact disposed of its assets in Saskatchewan for gross proceeds of $10,000. The Saskatchewan properties accounted for nearly 40% of the Company's operating expenses in the quarter ended March 31, 2011 although contributing only 11% of the Company's total production. For the year ended, March 31, 2011, the Saskatchewan assets had a field netback of negative $12.12/BOE.

The sale of the Saskatchewan properties will improve the overall profitability of the Company and create a substantial reduction in overall per unit operating costs.

Operations

Contact drilled and completed two successful horizontal wells in late 2010 in the Stoney Creek oil field. The wells were drilled at a similar 900m depth, but at different orientations to assess reservoir continuity and stress regime. The N88 well has demonstrated superior performance, influenced by greater lateral length, additional fracs and perceived better frac orientation. During the quarter ended March 31, 2011, the two new wells averaged 143bbl/d total, on a producing day basis. To date, N88 has produced approximately 11,000bbls and K78 has produced 6,500bbls. Contact expects that it will be able to replicate results from the N88 well in future Stoney Creek horizontal wells.

Both wells have exhibited initial production rates and declines similar to more expensive horizontal wells drilled into the Cardium Formation, at approximately 1300m depth, in West Central Alberta. An additional economic advantage for Contact is that its oil production sells based on Brent monthly average oil price (less $5/bbl), with Brent currently trading at a premium of approximately $20/bbl above WTI. Production declines on the wells have flattened out, with current total production averaging approximately 100bbl/d, the majority from N88.

Contact has recently modified its centralized surface facilities, adding a line heater, separator and improved jet pump that allows suction from lower in the well bores. The new infrastructure was designed to accommodate production from not only current wells, but those planned for later this year.

Despite various start-up challenges surrounding equipment and frac sand, productivity from the N88 well, in particular, has demonstrated excellent economics, encouraging ongoing development of the field. The infrastructure that has been recently added will allow for more reliable ongoing production and more streamlined early production from future wells.

Outlook

Contact has successfully permitted its Hopewell Prospect, a promising new oil opportunity located approximately 8 kilometers to the south of Stoney Creek. Construction has commenced to prepare the lease for drilling. Additionally, the Company is in the final stages of permitting new wells in the Stoney Creek Field. Contact has contracted a drilling rig and plans to drill the Hopewell location and additional development wells at Stoney Creek once final government approvals are received.

The sale of the Saskatchewan properties will allow Contact to focus on its higher value assets in New Brunswick. Contact will continue to evaluate new growth opportunities that could help accelerate production and reserves growth.

Contact continues discussions with potential partners regarding its shale gas assets in New Brunswick and continues to believe that these assets hold significant upside to the future value of the Company.

Details of the reserve report have been included with the year end results contained in the "Statement of Reserves Data and Other Oil and Gas Information" (Form 51-101F1) for the year ending March 31, 2011, which is available with our full financial year end filings at www.sedar.com.




Contact Exploration Inc. Appoints Vice President, Exploration
8/2/2011 6:06 PM - CND

CALGARY, Aug. 2, 2011, 2011 (Canada NewsWire via COMTEX News Network) --
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce the appointment of Mark Hadley as Vice President, Exploration of the Company. Mr. Hadley is a professional geologist and brings more than 25 years of experience in the oil and gas business to Contact, having worked numerous basins and play types within North America. During the past 9 years, Mr. Hadley worked for Fairborne Energy Ltd., where he most-recently led the successful exploration and development of the Wilrich horizontal resource gas play at Pine Creek, Alberta. Contact has issued 1,000,000 stock options to Mr. Hadley, in accordance with the Company's shareholder approved stock option plan. The stock options are exercisable at a price of $0.18 per share, expire in five years and vest immediately.

[inthiscase]

Contact Announces New Core Area in Western Canada and Provides New Brunswick Operations Update
9/6/2011 6:26:26 PM - Market Wire

CALGARY, ALBERTA, Sep 06, 2011 (MARKETWIRE via COMTEX News Network) --
Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE: CEX) is pleased to report it has entered into an oil and gas project in the highly prolific Deep Basin region of Alberta, initiating a new core area for the Company. Contact has signed an agreement with another oil and gas producer, whereby Contact pays a land equalization amount and commits to participate in the drilling of a Contact-operated well. By securing a low cost of entry, Contact believes the transaction represents an extremely attractive opportunity towards the development of a productive and highly economic new core area in Western Canada.

In New Brunswick, Contact also continues to see excellent growth potential, confirmed by strong oil production rates and netbacks from the 2 horizontal wells drilled in the Stoney Creek Field (100% Contact) in late 2010. Production optimization activities have proven effective, helping to confirm strong reservoir quality and performance. Natural decline has flattened within both wells, with aggregate Stoney Creek production continuing above 100 bbls/d and realizing netbacks of approximately $70/bbl. In addition, drilling plans have been finalized for Contact's newly-defined oil prospect ("Hopewell"), located in the Edgett's Landing area of New Brunswick. The Hopewell well (94% working interest) will test a new pool believed to be hydrocarbon-bearing which, if successful, could open up a new hydrocarbon fairway for Contact. Extensive production testing of a well flanking the seismically-defined Hopewell structure has demonstrated good light oil production, with significant opportunity existing to move up-structure with additional wells. The Hopewell drilling lease has been built and the well is expected to be spud in mid-September.

[inthiscase]

Contact Provides New Brunswick Operations Update
9/19/2011 6:40 PM - Canada NewsWire

CALGARY, Sep. 19, 2011, 2011 (Canada NewsWire via COMTEX News Network) --
Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to report that it has spud its "Hopewell Prospect" well (94% working interest) in New Brunswick on September 18th. As previously announced (see Press Release dated September 6, 2011), the Hopewell Prospect is located in the Edgett's Landing area of New Brunswick, approximately 10 km south of the producing Stoney Creek oil and gas field. The Hopewell Prospect is defined by seismic and well control and is being drilled to help confirm the extent of this structure and reservoir quality. With success, it is anticipated that this exciting petroleum prospect would be developed with multiple horizontal wells using a similar completion strategy to the Company's existing Stoney Creek field.

The Company's oil production at Stoney Creek is being maintained at stabilized rates, characterized by a strong economic decline profile. The Company's two Stoney Creek wells have demonstrated minimal production declines since remedial work was completed in July, suggesting ultimate recovery from individual wells should meet or exceed the reserves attributed to these wells in the Company's independent reserves evaluation effective March 31, 2011 (the "Reserves Report"). Stoney Creek production continues above 100 bbls/d, with the stronger N88 well averaging 60bbl/d at 50% draw down. Oil revenues received by Contact from Stoney Creek are based on Brent crude oil pricing. With Brent pricing averaging more than US$20 above WTI throughout much of 2011 and currently at US$114/bbl, Contact's Stoney Creek wells demonstrate industry leading economics.

Although the final approval for Contact to drill additional wells in Stoney Creek has been delayed as a result of a new regulatory process, the Government of New Brunswick continues to work collaboratively with the Company to accelerate the approval process. Contact's full field development plan calls for the drilling of up to 14 new oil wells at Stoney Creek, most from drilling pads already built. Once regulatory approvals have been received from the Government of New Brunswick, Contact intends to aggressively pursue this development plan with up to four wells planned for calendar Q1/Q2 2012. The Company believes that the strong performance of its Stoney Creek wells confirms that, with full development, the approximately 2MMbbls of proved plus probable reserves attributed to the Stoney Creek field in the Reserve Report will be recoverable from the field using primary techniques. Contact expects secondary or tertiary strategies could then be utilized to further enhance ultimate reserve recoveries in Stoney Creek. A production update on Stoney Creek is currently available on the Company's website at www.contactexp.com.

[inthiscase]

Antwort auf Beitrag Nr.: 42.118.043 von inthiscase am 21.09.11 20:39:56

http://www.contactexp.com/Presentation_2_files/Presentation%…

[inthiscase]

Contact Announces Montney Project in Deep Basin of Alberta
9/23/2011 8:30 AM - Canada NewsWire

CALGARY, Sep. 23, 2011, 2011 (Canada NewsWire via COMTEX News Network) --
(TSX-V:CEX)

Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to provide an update to its announcement of September 6, 2011 that it had entered into an oil and gas project in the prolific Deep Basin region of Alberta, thereby initiating a new core area for the Company. Contact has entered into this liquids-rich gas project after thoroughly evaluating the Montney Formation and is extremely encouraged by recent industry activity in the Deep Basin, which has demonstrated exceptional initial productivity from horizontal wells. In particular, two nearby wells that were recently completed in the Montney Formation each of which recently demonstrated initial production rates in excess of 2,000 BOE/day, including more than 1,000 bbls/d of condensate.

Under the terms of the agreement announced on September 6, 2011, Contact will pay a fixed percentage of the costs to drill, complete and equip a horizontal test well targeting the Montney Formation, to earn a 50% working interest after payout in seven sections of land. All tie-in costs are to be shared equally by Contact and the Farmor. Subsequently, Contact has successfully participated in recent land sales securing an additional 4 sections, such that Contact now owns or has the right to earn an interest in 7,040 gross acres (3,520 net) of highly prospective Montney land in the Deep Basin.

Contact intends to initially target the turbidite unit within the Lower-Middle Montney, however excellent prospectivity exists in other units within the Montney on Contact's lands. With success, each prospective interval within the Montney will be pursued. Contact estimates that each such interval could require up to 4 laterals per section to adequately recover the total potential resource.

The initial well has been surveyed and is expected to be spud before December 15, 2011.

Contact has entered into a revolving operating demand loan with Canadian Western Bank enabling the Company to access funds up to $1.75MM and a non-revolving acquisition/development loan in the maximum principal amount of $0.5MM. This credit facility is secured by Contact's oil and gas reserves and related assets. To date, Contact has drawn approximately $1.2 million of the revolving credit facility.

Contact also announces that Mr. Steve Haysom has resigned as a director of Contact, due to the increasing demands of his other professional commitments. Management and the Board of Directors of Contact express their gratitude to Mr. Haysom for his efforts in helping transform Contact over the past year and a half and wish him well in his current and future endeavors.

About Contact Exploration Inc.

Contact Exploration Inc. is a public company which has been focused on Canadian East Coast onshore oil and gas exploration and development. Our philosophy is to operate exploration and development in our core areas of Stoney Creek, Hillsborough and Edgett's Landing, New Brunswick and to participate through overrides and carried interests in certain regional unconventional plays in Nova Scotia and Newfoundland. In addition to the Atlantic Canadian properties, Contact is pursuing a new core area in Alberta's "Deep Basin".

[oderfnam]

Antwort auf Beitrag Nr.: 42.137.250 von inthiscase am 26.09.11 20:45:20

weiss jemand warum es heute einen Trading Halt gab?
einzier Satz: wegen zu erwartenden Neuigkeiten. Da sind wir mal gespannt.

[Schorschi27]

Tribun26

[Schorschi27]

CALGARY - Shares of Contact Exploration Inc. (TSXV:CEX) lifted more than 20 per cent after the company reported results from its Hopewell Prospect well in New Brunswick.

The company's shares moved ahead 2.5 cents to 14 cents on the TSX Venture Exchange early Friday.

The company said a date from the sidewall cores of the well have confirmed a "significant presence" of oil.

Contact Exploration has a 94 per cent working interest in the Hopewell well.

[Schorschi27]

CALGARY, Sept. 29, 2011 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to report the initial results from its vertical Hopewell Prospect well drilled in New Brunswick. Well data obtained from logging and the cutting of sidewall cores has been incorporated into a petrophysical assessment, which confirms the significant presence of hydrocarbons (oil).

The 94% working interest Hopewell B55 well ("B55 Well") was designed to confirm the quality and test the lower Hiram Brook Member of the Albert Formation, the same interval that has produced nearly 1MMbbls of sweet light crude from the Company's Stoney Creek Oil Field (based on public data published by the Government of New Brunswick). The B55 Well resides on an independent structure approximately 10km south of the Stoney Creek Oil Field. The B55 Well was drilled to 1,110m measured depth, with 981m total vertical depth drilled in less than four days, far exceeding timing expectations.

After reaching total depth, extensive logging (gamma, di-pole shear sonic, compensated neutron lithology density and high resolution laterlog array resistivity logs) and side-wall coring programs were completed to better define the quality of the formation. The high-resolution logs and petrophysical assessment over the prospective formation have helped qualify the initial cuttings and core observations, both of which displayed oil saturated sandstone with extensive light oil streaming from samples. After collection of logs and side wall cores, Contact has set casing in place in preparation for future completions that will test the productivity of the reservoir.

A total oil column of at least 100m with an aggregate 40m of oil-bearing sands was confirmed by gas response while drilling, heavily oil-stained drill cuttings and side wall cores, as well as from the petrophysical analysis of the entire log suite. Within the sandstone intervals, the petrophysical analysis has confirmed that a total of 18m of hydrocarbon bearing formation was encountered, with an average effective porosity ranging between 6 and 15%, and a low water saturation of 25%. The largest single over-thickened sandstone package was 30m thick, with 13m of hydrocarbon-containing sands averaging 9% porosity. Contact believes that this single sandstone interval represents an excellent candidate for future horizontal development, in addition to the opportunities available in the balance of the formation.

Contact's technical team is working to define overall potential, geometry and total oil in place, and using existing seismic and offsetting well control estimates the structure to be a minimum of 1,000 acres in extent. Contact holds all prospective lands surrounding this well, encompassing the entire Hopewell structure at working interests between 94%-100%.

Contact intends to fully evaluate the side wall core data that it will receive in the upcoming weeks prior to finalizing a completion strategy to test the production from the B55 Well

Contact believes that the B55 Well results may complement the ongoing success achieved by the Company in New Brunswick at Stoney Creek, from which Contact continues to produce over 100bbl/d of oil at $70/bbl netback.

Contact also announces that it has today filed its unaudited Condensed Interim Consolidated Financial Statements for the three month period ended June 30, 2011 and the related Management's Discussion and Analysis on www.sedar.com.

[Hoschibaer]

NEWS RELEASE
Contact Exploration Announces Additional Land Acquisition and Prospect Details for its Deep Basin Montney Project and Provides Hopewell Update
October 18, 2011, (Calgary, Alberta) Contact Exploration Inc. (“Contact” or the “Company”) (TSX-V: CEX) Contact is pleased to announce that 2 additional sections have been secured by the Company and its partner in their Deep Basin Montney project in Alberta. The Company now holds 13 gross (6.5 net) sections in T62-63, R5-6 W6M. These lands are contiguous with the Company's original 11 (5.5 net) sections and were acquired in the most recent Alberta land sale.
All lands associated with this project are located in the Resthaven-Kakwa trend. The acquired acreage was selected following a detailed technical assessment of the region that included a petrophysical evaluation of pre-existing wells and the mapping of gas in place across what the Company believes to be a localized area characterized by superior liquids-rich gas potential. The results from two Montney wells recently announced by competitors, both of which are located less than 9 miles from the Contact lands, demonstrate exceptional deliverability from the Upper Montney, with rates of 4.7MMscf/d with 1,200bbl/d condensate and 15.8MMscf/d with 1,000bbls/d of condensate, respectively. Contact believes that the play has been significantly de-risked through the operations of such competitors and notes that these companies have continued to acquire mineral rights on lands surrounding Contact’s acreage. Based on its petrophysical evaluation, mapping and technical review of producing wells in the area, Contact has observed what it believes to be a thick hydrocarbon-charged zone throughout the 100m Upper Montney interval, which zone Contact believes will be conducive for development using stacked horizontal wells. Contact intends to target the lowermost portion of the upper Montney with its first well. Based on current industry practices, development of the entire acreage could require up to 52 gross wells, with the possibility that additional laterals per well could be required to access the entire hydrocarbon-bearing section.
Contact expects to commence drilling its first well into this prospect this winter. A detailed summary of the project is contained in the corporate presentation on the Company’s website.
Hopewell Prospect Update
Contact is extremely pleased to announce that excellent porosities and permeabilities determined from the analyses completed on sidewall cores cut from the Hopewell B-55 well support earlier petrophysical (well log) conclusions of thick net pay with significant presence of hydrocarbons (oil). These core results suggest that the Hopewell reservoir demonstrates superior characteristics when compared to many of the highly profitable reservoirs currently being developed in Western Canada, such as the Bakken or Cardium formations.
Incorporating the log and core information into the Company’s proprietary seismic and well databases, Contact internal estimates indicate that the Hopewell structure is more aerially extensive and is at least as prospective for hydrocarbons (oil) as the Company’s nearby prolific Stoney Creek Field.

[inthiscase]

Contact Exploration Announces Equalization and Participation Agreement in its Deep Basin Montney Project and Additional Land Acquisition

CALGARY, Nov. 8, 2011 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSXV: CEX) is pleased to announce that it has entered into an equalization and participation agreement with a third party participant (the "Participant") respecting the Company's Deep Basin Montney project. The Participant is a well capitalized public oil and gas company with extensive experience in numerous Canadian jurisdictions. Under the Agreement, the Participant will pay Contact $1.84 million as a prospect fee and land equalization payment and will pay 37.5% of the costs to drill and complete a first well to earn a 25% working interest in the project. Accordingly, Contact's single well commitment is reduced from 75% to earn a 50% interest to 37.5% to earn a 25% interest, in the 7 sections that the Company initially farmed into.

Contact and its partners were also successful at the most recent Alberta land sale in acquiring an additional 3 sections of land contiguous with the Deep Basin lands previously acquired. Contact and its partners now hold a large, 16 section land block located in the prolific, liquids-rich Resthaven-Kakwa Montney gas trend. Upon drilling and completing the initial well and the Participant paying the land equalization fee, Contact and the Participant will each hold a 25% working interest in all 16 sections.

Contact's capital commitments for the Deep Basin project are significantly lowered as a result of the Participant's equalization and participation. Contact expects to raise additional capital to fund its ongoing capital programs, including its reduced share of the capital commitments for the initial Montney well, through a non-convertible debenture issuance and/or a flow through share equity financing, for aggregate expected proceeds of approximately $4 million. Contact will carry out these financings on a non-brokered basis, with closing expected within the next few weeks. Contact will announce further information as terms are finalized.

Contact operates the Deep Basin project and expects to commence the drilling of the first well into the prospect this winter. A detailed summary of the project is contained in the corporate presentation on the Company's website.

[oxa]

Ich finde, dass das neue Management sehr vieles richtig macht. Durch die PP im letzten Jahr hält das Management und sonstige (managementnahe?) Investoren deutlich über 50% der Aktien. Für mich ist diese hohe MM-Beteiligung ein wesentlicher Grund hier investiert zu sein. Und die bisherigen Aktivitäten deuten alle darauf hin, dass hier endlich mal professionell gehandelt wird. Die letzte Nachricht, dass ein seriöser Partner gefunden wurde ("Participant is a well capitalized public oil and gas company with extensive experience") unterstützt meine insgesamt positive Meinung. Im Winter wird im Montney Project gebohrt, im 1Q im Stony Creek. Die Projekte bergen erhebliches Potential und wenn die Aussagen in der Unternehmenspräsentation nur einigermaßen zutreffen (in 2014 Produktion von über 2.000 bbl/d), dann werden wir hier alle noch viel Spass haben.

Dyodd

[inthiscase]

http://www.cbc.ca/news/canada/new-brunswick/story/2011/11/26…

[inthiscase]

Antwort auf Beitrag Nr.: 42.327.863 von inthiscase am 09.11.11 20:58:31

Contact Exploration Announces Private Placement of Flow-Through Common Shares
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

(TSX-V:CEX)

CALGARY, Nov. 25, 2011 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSXV: CEX) is pleased to announce that it has commenced a non-brokered private placement for up to $2 million (the "Private Placement"). The Company will issue up to 15,384,615 common shares in the capital of the Company to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") to exempt buyers on a private placement basis at a price of $0.13 per Flow-Through Share. Depending on demand, the Company may increase the size of the Private Placement to a maximum of $3 million, or 23,076,923 Flow-Through Shares.

Contact expects to use the proceeds of the Private Placement to incur eligible Canadian Exploration Expenses to fund its ongoing capital programs, including the drilling of a previously announced initial Montney well in the Kakwa area of Alberta, prior to December 31, 2012. These qualifying Canadian Exploration Expense expenditures will be renounced to subscribers effective December 31, 2011.

The Flow-Through Shares issued pursuant to the Private Placement will be subject to a four-month hold period from the closing date, which is anticipated to occur on or before December 22, 2011.

The Private Placement is subject to approval from the TSX Venture Exchange.

[teppichprofi]

Antwort auf Beitrag Nr.: 42.333.064 von oxa am 10.11.11 18:39:18

Was macht das "Neue MM" denn so vieles richtig? Habe die Aktie ja schon ewig
und hab hier schon alles abgeschrieben. Was ich hier gerade so mitbekommen habe vespricht das MM neue Bohrungen bis Ende 2012. Aber erstmal hauen sie neue Aktien auf den Markt! Das kann doch jeder!

Wieso soll das nun besser werden als in früheren Jahren? Ohne Öl kommt wieder neues MM und neue Aktien. Wenn das überhaupt nochmal gehen sollte!

Also das alte Lied. Weshalb soll ich mir da Hoffnungen machen?

[inthiscase]

Antwort auf Beitrag Nr.: 42.416.788 von teppichprofi am 30.11.11 06:37:38

neue Aktien auszugeben um an frisches Geld zu kommen ist essentiell für ein Explorationsunternehmen. Das Geld wird dann "verbohrt"..., wenn dann nichts kommerziell Verwertbares gefunden wird ist das Geld natürlich verbrannt, aber das macht einen Explorer nunmal aus. Niemand kann schließlich mit absoluter Sicherheit sagen was tief im Boden liegt.

Positiv ist dass entgegen der Vorankündigung von vier Millionen, nur zwei bis max. drei Millionen Dollar über das PP aufgenommen werden sollen. Das dürfte mit dem positiven Cash Flow und einer kürzlich eingegangenen Kreditlinie zusammenhängen. Nicht so schön ist, dass es sich um ein PP mit Flow-Through-shares handelt...

Wenn man kein Öl findet, findet man kein Öl und es gibt kein Potenzial für Kurssteigerungen und die Tendenz geht dann in Richtung null. Sollten die Bohrprogramme aber gut laufen, dann ist auch Potenzial vorhanden.

Details zu operativen Zahlen und Entwicklungen findet man im aktuellen MD&A.
http://sedar.com/CheckCode.do;jsessionid=0000DIQt4GSNGLylN1z…

Daraus mal die Planungen für die nahe Zukunft:

Future Development
Contact continues to actively pursue its assets in New Brunswick. Strong performance from the wells at
Stoney Creek has encouraged further development of the field which the Company plans to pursue within
the spring of 2012. Contact has completed a full-field development plan at Stoney Creek. This plan
contemplates the preferred direction of the wellbores and maximizing the recovery of hydrocarbons from
the pool. Full field development will be contingent upon permitting, service availability and, if necessary,
financing. Drilling approvals are anticipated in the immediate future.
Concurrently, following success at Hopewell, the Company plans to further evaluate the oil-bearing
reservoir encountered in the B-55 well, which will include a completion program in the spring of 2012.
The drilling and completion of the Company’s initial Montney well in the Kakwa/Resthaven project area is
anticipated to be concluded during the winter of 2012. With success, Contact and its partners will place
the well on production and plan additional wells towards the delineation and development of any pool
discovered.

[teppichprofi]

Antwort auf Beitrag Nr.: 42.433.107 von inthiscase am 02.12.11 21:49:26

Naja im Grunde läuft hier alles so ab, wie auch in den 19 vorherigen Threads seit 2006. Neue Hoffnung wird gesät und neue Versprechen!

Der einzige Unterschied zu früher ist die Aktienzahl war früher nicht so inflationär hoch und das eingesammelte Kapital exponential höher

Wenn jetzt statt vier nur 2-3 Mio. eingesammelt werden liegt das nur an einem einzigen Grund: Mehr Kapital war nicht aufzutreiben.
Das lächerliche Kleingeld, das eingesammelt wurde reicht mal für die Gehälter des MM für BOHRPROGRAMME bleibt da kauum was übrig.

Vergleiche mal die Summen in den anderen 19 Threads! Sich hier Hoffnungen zu machen ist niedriger als die Aussicht auf einen Lotto 6-er

[inthiscase]

noch ein Nachtrag:

Contact Announces Closing of Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

(TSX-V:CEX)

CALGARY, Dec. 30, 2011 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement") of common shares ("Flow-Through Shares") of the Company, issued on a "flow-through" basis pursuant to the Income Tax Act (Canada). Contact issued an aggregate of 8,905,400 Flow-Through Shares in the Private Placement, at a price of $0.13 per Flow-Through Share for aggregate gross proceeds of $1,157,702, inclusive of 1,131,000 Flow-Through Shares that were issued today (for gross proceeds of $147,030) in the final tranche of the Private Placement. In respect of this final tranche, the Company paid a cash finder's fee of $5,250 related to subscriptions for 577,000 of the Flow-Through Shares.

The Flow-Through Shares issued today are subject to a four month hold period under applicable securities laws, which hold period expires on May 1, 2012.

Contact expects to use the proceeds of the Private Placement to incur eligible Canadian Exploration Expenses as part of its ongoing capital programs, including the drilling of a previously announced initial Montney well in the Kakwa area of Alberta, prior to December 31, 2012. These qualifying Canadian Exploration Expense expenditures will be renounced to subscribers effective December 31, 2011.

Additionally, Contact has reached agreement with a third party lender for the provision of a secured, subordinated $1,000,000 loan, which loan will have a one year term and an 8% per annum interest rate. Contact plans to close this debt financing within the next 30 days, to best coincide with the Company's operational activity requirements. The debt financing is subject to approval from the TSX Venture Exchange.

[inthiscase]

Antwort auf Beitrag Nr.: 42.570.534 von inthiscase am 09.01.12 20:34:56

gab scheinbar keine Warrants bei dem PP...

[inthiscase]

Antwort auf Beitrag Nr.: 42.570.534 von inthiscase am 09.01.12 20:34:56

MM hat sich auch beteiligt

http://www.canadianinsider.com/node/7?menu_tickersearch=cex

[oxa]

Also Leute, hier passt alles für eine deftige positive Überraschung:

1. MM beteiligt sich substantiell, eingentlich ist das hier ein Familienunternehmen
2. Es werden Kredite aufgenommen, d.h. es muss Kreditgeber geben, für die die Produktionsstory/ Cash Flow Realität ist
3. Im I Q. wird weiter gebohrt bzw. Produktionstests durchgeführt (Stoney Creek)
4. Hopewell B55 war ein Erfolg und im I Q. werden Produktionstests durchgeführt
5. Das Unternehmen wird an der Börse nicht wahrgenommen, die Überraschungen können hier eigentlich nur auf der positiven Seite liegen,

und schlußendlich ist das hier u.a. wg. 1. kein Scam, hier sind keine Betrüger am Werk. Es geht also alleine darum wieviel Öl gefunden wird, dieses Risiko muß jeder Investor für sich selbst beantworten ...

dyodd

Oxa

[Hoschibaer]

[oxa]

Ab naächster Woche wird gebohrt, kein Stück aus der Hand geben ......


DONNYCREEK ENERGY TO SPUD FIRST HORIZONTAL MONTNEY WELL
AND ANNOUNCES CONVEYANCE OF ASSETS AT KAKWA
Calgary, Alberta, February 1, 2012 – Donnycreek Energy Inc. ("Donnycreek") reports that its has exercised its option and concluded the purchase of certain petroleum and natural gas rights (the "Purchased Assets") from Donnybrook Energy Inc. ("Donnybrook") for a purchase price of approximately $2.3 million. The option was granted to Donnycreek pursuant to the arrangement agreement made as of October 3, 2011 and in connection with the previously concluded plan of arrangement (the "Arrangement") involving the companies which closed on November 4, 2011.
The Purchased Assets are comprised of 9 gross sections of lands prospective for Montney liquid rich resource development in the Kakwa area of Alberta acquired by Donnybrook from September 1, 2011 to November 4, 2011 which are within 8 kilometres (5 miles) of the assets conveyed to Donnycreek by Donnybrook on November 4, 2011 pursuant to the Arrangement.
Kakwa Area, Alberta
Donnycreek also reports that the first horizontal Montney location, Kakwa Hz 13-17-63-5 W6M, is expected to spud early next week with the objective of drilling horizontally through the Montney formation to a total measured depth of 5,150 metres.
Donnycreek’s partners in the 16 sections have committed to drilling the Kakwa Hz 13-17 Montney well with Donnycreek paying 25% of the horizontal well costs (drill and complete) to hold a 25% working interest and 10% GORR on 75% before payout and a 50% working interest after payout in the well. Donnycreek will also hold a 50% working interest in the balance of the 16 section block.
The Kakwa acreage was acquired following a detailed technical assessment of the region that included a petrophysical evaluation of pre-existing wells and the mapping of gas in place across what Donnycreek believes to be a localized area characterized by superior liquids-rich gas potential. The results from two Montney wells recently announced by competitors, both of which are located less than 14 kilometres (9 miles) from the Donnycreek lands, demonstrate exceptional deliverability from the Upper Montney, with reported rates of 4.7 MMscf/d with 1,200 bbl/d condensate and 15.8 MMscf/d with 1,000 bbls/d of condensate, respectively. Donnycreek considers the play to have been significantly de-risked through the operations of competitors active in the area and notes that these companies have continued to acquire petroleum and natural gas rights on lands surrounding Donnycreek’s acreage.
Based on its petrophysical evaluation, mapping and technical review of producing wells in the area, Donnycreek has identified what it considers to be a thick hydrocarbon-charged zone throughout the 100m Upper Montney interval, which zone Donnycreek believes will be conducive for development using stacked horizontal wells. Donnycreek intends to target the lowermost portion of the Upper Montney with its first well. Based on current industry practices, development of the entire acreage could require up to 64 gross wells, with the possibility that additional laterals per well could be required to access the entire hydrocarbon-bearing section.
The Kakwa property is accessible for field operations year-round and is located within 6 kilometres (4 miles) of a major, midstream operated, natural gas and NGL processing facility.

[schuppe07]

Antwort auf Beitrag Nr.: 42.694.805 von oxa am 03.02.12 14:34:47

deine vorfreude und euphorie in allen ehren,aber hier muß/sollte man nicht einsteigen!!!!-siehe chartverlauf!!!
9 von 10 explorern sind schrott und cex gehört nun mal zu der schrottkategorie.die luftbude wurde vor jahren von einem bb gehypt ohne sinn und substanz.hier ist nichts mehr zu holen.selbst auf eine techn.gegenreaktion zu spekulieren macht keinen sinn,da die umsätze äußerst dünn sind,was der nachfrage geschuldet.
verabschiede dich hier von träumereien,denn es gibt explorer die es bis zur produktion schaffen und wenn du ganz auf nummer sicher nen verdoppler aben willst,dann schnapp dir die commerzbank,ein wert mit substanz,der in wenigen monaten wieder bei 5-6 € stehen sollte-langfristig bei 10 € !!

viel erfolg,aber nicht hier...

[oxa]

Hallo schuppe07, danke für deine Einschätzung. Ich sehe das Ganze natürlich aus einem anderen Blickwinkel:
1. Früherer BB Pump ist ok, das ist passiert und schadet sicherlich bis heute der Aktie. Aber das Management wurde vor ca. 1,5 Jahren komplett ausgewechselt und hat das Unternehmen mit eigenem Geld vor der Insolvenz gerettet (in etwas auf dem heutigen Kursniveau). Macht man das, wenn man nur Anleger ausnehmen will?
2. Die fundamentalen Aussichten sehen für einen Explorer gut aus, kleine Produktion aus Stoney Creek (ca. 100 bbl/Tag), die durch weitere Bohrungen wesentlich erweitert werden kann.
3. Zwei Bohrprojekte stehen in diesem Qu. an. Montney hat begonnen, Hopewell(was für ein Name...) wird wahrscheinlich kurzfristig bekannt gegeben.
4. Geld für die Bohrungen ist vorhanden, da muss aber was gefunden werden sonst gibts wieder Kapitalerhöhungen.
5. Die Chartsituation sehe ich im Unterschied zu dir als sehr positiv, die Bodenbildung ist klar erkennbar, hier kann man entspannt kaufen. Natürlich nur gut für Neukäufe/Verbilligen, wer Altbestände hat sitzt auf Verlusten und muss sich in Geduld üben. Aber ich kaufe lieber in einer Bodenbildung und nicht dann wenn der Chart "gut" aussieht, d.h. nachdem kräftige Kurssteigerungen schon stattgefunden haben.
6. Deinen Hinweis auf CoBank möchte ich hier nicht zu ernst nehmen, eine Zombie-Bank die nur durch gefälschte Bilanzen und massive Hilfe der Steuerzahler noch existiert kommt mir nicht ins Depot. Dagegen ist Contact ja eine richtige Substanzperle ....

Fazit: Eine der Bohrungen muß treffen, dann steigt Contact um mind. 300%.

DYODD
oxa

[schuppe07]

Antwort auf Beitrag Nr.: 42.741.990 von oxa am 13.02.12 13:08:53

Fazit: Eine der Bohrungen muß treffen, dann steigt Contact um mind. 300%.

mit diesem satz liegst du LEIDER völlig falsch und ob geschönt,gefälscht usw....da mag ich keinen einblick hinter die
kulissen haben,aber eines ist doch FAKT:es gibt 1000e filialen der coba,sie bekommen extrem günstig geld,verleihen es leider für uns zu teuer,aber dem aktienkurs wird es gut tun.
wenn irgendwo 300%,dann SICHER hier bei der COBA!!!

ps:aber jeder seine sichtweise und ich schau einfach nochmal in 4 wochen vorbei und schaue was der kurs gemacht hat ok.

coba:grad 2.09 €
cex :0.11 cad (kaum handel-5 k =ca.416 € UMSATZ)

bis in 4 wochen

[seapower69]

Antwort auf Beitrag Nr.: 42.743.247 von schuppe07 am 13.02.12 16:35:48

Ich gebe auch lieber diesem explorer die vorhand, denn mit dem vielen gedruckten, leider zu teuer vergebenen geld wird man meiner meinung nach, nicht sehr weit kommen.
Vom geld gibts genug und mir reicht das geld für meine verhältnisse auch, deswegen will ich die coba nicht, bin auch nicht der einzige, der von bankentiteln abrät.

[schuppe07]

Antwort auf Beitrag Nr.: 42.743.620 von seapower69 am 13.02.12 17:43:57

ob es nun zu viel papiergeld gibt oder nicht,das ist hier doch garnicht die frage!!!hier geht es um kurz-o.mittelfristige investion um profit zu machen und das wirst du definitiv nicht hier bei cex!!

cex ist zu 90% TOT....ein kl.funken hoffnung bleibt,aber.....
coba:ist extrem unterbewertet und aufgrund der krise zu unrecht bis 1.11 abgestraft worden.deshalb sind sich hier auch mehrheitlich alle eining:KAUFEN bis ca.8-10€ ,denn das ist in etwa der faire wert auf den die coba hochgekauft werden wird....aber macht wie ihr denkt!war n ur nen kostenloser tipp.

PS:auch mal meine UUU in toronto im auge behalten-produzent und hat vor kurzem sehr gute zahlen geliefert und dazu wird noch ged verdient und die chinamänner bauen demnächst akws ohne ende.das ende der atomkraft wurde nur hier in germany eingeleitet.selbst in japan gehts demnächst wieder auf voller fahrt los.

wünsch euch trotzdem viel erfolg und auch mal über den tellerrand hinaus schaun,auch wenns schwer fällt,da euch hier ein wirklich dickes ei ins nest gelegt wurde.

[oxa]

Hi, schuppe 07, ja, schaun wir mal in 4 Wo wo die beiden Aktien dann stehen ....
Bei Uranaktien gebe ich dir recht, sind derzeit völlig out und billig, aber weg von Atomkraft gibts nur in D, überall sonst auf der Welt wird eifrig gebaut, seit letzeer Woche auch wiederin US.
CEX ist ja auch nur eine Depotposition unter vielen, man soll nie alles auf eine Karte setzen, aber die Chancen sehen schon sehr gut aus...

oXA

[schuppe07]

!

Dieser Beitrag wurde von CloudMOD moderiert. Grund: themenfremder Inhalt

[Hoschibaer]

Ob hier noch mal was kommt!!

[inthiscase]

Contact Exploration Announces Filing of Third Quarter 2011 Results and Provides Update on Montney Drilling and New Brunswick Activity
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

(TSX-V:CEX)

CALGARY, March 1, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) announces that it has today filed its unaudited Condensed Interim Consolidated Financial Statements for the three and nine month periods ended December 31, 2011 and the related Management's Discussion and Analysis on www.sedar.com.

In Alberta, Contact is pleased to announce that the Company and its partners spud the Montney well on February 9, 2012 and that drilling is proceeding as planned to date. Following the drilling and completion of this well, Contact will have a 25% interest in 16 contiguous sections associated with this play in the Kakwa-Resthaven area of central Alberta. The well has a planned horizontal leg designed to reach a minimum of 1,000 metres in length and is currently drilling ahead just below 3,000m where the well is now being steered from vertical to horizontal. Contact anticipates that the drilling of this well will be finalized by mid-April 2012 with well completion (stimulation and testing) to be completed in June 2012 shortly after spring break-up.

In New Brunswick, Contact has been working to address potential expiry issues on certain of its lands. The Company is pleased to report that following in depth discussions with the New Brunswick government, extensions have been granted on all prospective oil and gas lands held by the Company in New Brunswick, such that all of Contact's New Brunswick lands have been retained. In particular, leases which are prospective for oil near the B-55 Hopewell well (see the Company's September 29, 2011 news release) have been secured until early 2014 and lands prospective for natural gas have been secured until 2017. These extensions provide Contact with sufficient time to plan and carry out operational programs on certain of its New Brunswick acreage.

With the introduction of a new environmental approval process in New Brunswick in the spring of 2011, additional drilling by the Company in the Stoney Creek oil field was delayed. A new environmental impact assessment for Stoney Creek has been prepared by the Company and submitted for approval to the New Brunswick Government. This assessment contemplates the drilling of additional development wells at Stoney Creek, currently slated for early summer 2012. Contact remains very encouraged by the results of its 2010 horizontal drilling program at Stoney Creek and wishes to advance the new development drilling program as quickly as practicable. In this regard, Contact is currently working to secure all necessary equipment for the upcoming operational program, pending regulatory approval to proceed with the program.

http://www.stockhouse.com/financialtools/sn_newsreleases.asp…

[inthiscase]

Antwort auf Beitrag Nr.: 42.836.531 von inthiscase am 01.03.12 20:59:15

aus den financial statements

Dec 31 Cash + Accounts receivable ca. 1 Mio. CAD

Umsatz Nine month ended Dec 31 = 2,709,037 CAD (Vorjahreszeitr. 900,408 CAD)
Production Cost Nine month ended Dec 31 = 678,517 CAD (Vorjahreszeitr. 578,046 CAD)
(Also trotz verdreifachtem Umsatz nur um 100k CAD gestiegen)

General and administrative von 575,760 CAD auf 494,246 gesunken

For the nine months ended December 31, 2011, the Company earned cash flows from operating
activities of $1,066,022 (2010 – outflow of $356,138) and a net income of $315,796 (2010 – net loss of
$1,289,354). While the Company has begun to generate positive cash flows from operations, it
continues to face a number of significant uncertainties. The funds currently available are expected to
be utilized for drilling operations in both Atlantic and Western Canada, however the estimated cost of
the entire drilling program exceeds current resources available. As such, continuance as a going
concern is mainly dependent upon the success of the drilling program in Atlantic and/or Western
Canada, existing cash flows, the ability of the Company to obtain partners for its exploration and
drilling operations and/or to obtain additional debt or equity financing. Obtaining partners or additional
financing is not guaranteed leading to material uncertainties in the financial statements. The Company
can mitigate this risk by delaying programs until such time as exploration partners or financing is
obtained.

[oxa]

Mit jetzt nachhaltig positivem Cash Flow und den u.g. "Future Developments" eröffnen sich hier deutlich positive Szenarien. In den nächsten Monaten wird es kontinuierlich (positive) Nachrichten geben und die Potentiale der einzelnen Projekte sind für CEX alle sehr beachtlich. Hier wird was richtig Gutes entstehen ...
Und die Gas-Rechte wurden bis 2017 gesichert, das ist derzeit zwar für den SP uninteressant, öffnet aber erhebliche Phantasie. Die US Gaspreise werden nicht immer so niedrig bleiben....

DYODD
Oxa


Future Development
Contact continues to actively pursue its assets in New Brunswick. Strong performance from the wells at
Stoney Creek has encouraged further development of the field which the Company plans to pursue within
2012. Contact has completed a full-field development plan at Stoney Creek. This plan contemplates the
preferred direction of the wellbores and maximizing the recovery of hydrocarbons from the pool. Full field
development will be contingent upon permitting, service availability and, if necessary, financing. Drilling
approvals are anticipated in the immediate future.
Following the Company’s initial successful test results at the B-55 well at Hopewell, the Company plans
to further evaluate the oil-bearing reservoir encountered in the B-55 well, which will include a program in
2012 to complete this well.
The drilling and completion of the Company’s initial Montney well in the Kakwa/Resthaven project area is
now ongoing and is anticipated to be concluded in the spring of 2012. With success, Contact and its
partners will place the well on production and plan additional wells towards the delineation and
development of any pool discovered.

[inthiscase]

Contact Exploration Announces Flow Through Private Placement and Provides Montney Drilling Update
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

(TSX-V:CEX)

CALGARY, March 14, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that it has entered into an agreement with MGI Securities Inc. ("MGI") respecting a brokered private placement (the "Flow Through Private Placement") pursuant to which MGI will act as Contact's agent to sell, on a "best efforts" basis, up to 15,384,615 common shares in the capital of the Company to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") to exempt buyers on a private placement basis at a price of $0.13 per Flow-Through Share, for aggregate gross proceeds of up to $2 million.

Contact expects to use the proceeds of the Flow Through Private Placement to incur eligible Canadian Exploration Expenses to fund its ongoing capital programs. These qualifying Canadian Exploration Expense expenditures will be renounced to subscribers effective December 31, 2012. The Flow-Through Shares issued pursuant to the Flow Through Private Placement will be subject to a four-month hold period from the closing date, which is anticipated to occur on or about April 5, 2012. The Flow Through Private Placement is subject to approval from the TSX Venture Exchange ("TSXV").

Contact is also negotiating a non-brokered private placement (the "Preferred Share Placement") of up to $1 million of convertible, redeemable, 8% preferred shares to a third party purchaser, which placement remains subject to the completion of final documentation and the approval of the TSXV. Contact expects to finalize the Preferred Share Placement within the next few weeks and will announce further information as terms are finalized.

As previously announced, Contact and its partners are currently drilling a Montney exploratory well in the Kakwa area of Alberta. To date, drilling costs associated with this well remain on budget and intermediate casing is scheduled to be set in the Montney formation within the next week. The well is then programmed to be drilled horizontally for a minimum distance of approximately 1,000 meters, expected to reach total depth in April 2012.

Should Contact successfully close both the Flow Through Private Placement and the Preferred Share Placement for the maximum gross proceeds contemplated, Contact expects to have fully funded its capital obligations associated with the drilling of the Montney well, with $1 million of available cash and an undrawn $2 million credit facility. Contact anticipates finalizing completion operations on this well after Spring break-up.

http://www.stockhouse.com/financialtools/sn_newsreleases.asp…

[silvretta]

Wenn man hier von Anfang an leider dabei ist ,kann man nur sagen

Phoenix ging in die Asche !

Ob das jemals noch etwas wird ? Unsere Einstiegskurse werden wir vermutl. nie wieder sehen !

[inthiscase]

Contact Exploration Announces Montney Operations Update
(TSX-V:CEX)

CALGARY, April 12, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that the Contact operated horizontal Montney well (the "13-17 Well") has been successfully drilled to a total measured depth of 5,071m, including a horizontal leg that remained within the target interval for the entire 1,430m. The 13-17 Well was drilled within the expected timelines and on budget.

The 13-17 Well has been equipped with a packer-style completion system that will facilitate a fifteen stage frac. Contact is now expeditiously working to complete the 13-17 Well and expects that the completion may be accomplished in an accelerated time frame within the next three weeks. The Company cautions, however, that uncertainty in weather conditions, particularly elevated precipitation, could delay completion operations.

Contact operates the Deep Basin Montney project and is responsible for 37.5% of costs of drilling and completion of the 13-17 Well. The Company will hold a 25% interest in 16 contiguous sections of land following the completion of the 13-17 Well.

[inthiscase]

Contact Announces Closing of Private Placement and Appointment of New Director
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

(TSXV: CEX)

CALGARY, April 25, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSXV: CEX) is pleased to announce that it has closed its previously announced brokered private placement (the "Private Placement") pursuant to which it has issued 10,254,000 common shares of the Company issued on a "flow-through" basis pursuant to the provisions of the Income Tax Act (Canada) (the "Flow-Through Shares") at an issue price of $0.13 per Flow-Through Share for aggregate gross proceeds of $1,333,020 (the "Private Placement"). MGI acted as agent to the Company and was paid a cash commission equal to 7% of the aggregate gross proceeds raised by the Company.

The Flow-Through Shares issued pursuant to the Private Placement are subject to a four-month hold period from the date hereof, which expires on August 26, 2012.

Contact expects to use the proceeds of the Private Placement to incur eligible Canadian Exploration Expenses to fund its ongoing capital programs. These qualifying Canadian Exploration Expense expenditures will be renounced to subscribers effective December 31, 2012.

Contact is also pleased to announce that Mr. Robert B. Hodgins CA has joined Contact's Board of Directors. Mr. Hodgins has been an independent businessman since November 2004, having served as the Chief Financial Officer of Pengrowth Energy Trust from 2002 to 2004. Prior to that, Mr. Hodgins held the position of Vice President and Treasurer of Canadian Pacific Limited from 1998 to 2002 and was Chief Financial Officer of TransCanada Pipelines Limited from 1993 to 1998. Mr. Hodgins is currently a director, and Audit Committee Chairman, of a number of companies in the energy business, including AltaGas Ltd., Enerplus Corporation, Fairborne Energy Ltd. and MEG Energy Corp.

"Mr. Hodgins brings a wealth of business and corporate governance skills to Contact and we are extremely pleased to welcome him to our Board", said Steve Harding, President and CEO of Contact.

[inthiscase]

Contact Exploration Inc. Issues Incentive Options
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CALGARY, April 26, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSXV: CEX) announces that it has issued a total of 3,350,000 stock options to executive officers, consultants and a director of the Company in accordance with the Company's shareholder approved stock option plan. The stock options are exercisable at a price of $0.10 per share, expire in five years and vest immediately.

[Hoschibaer]

Na da bin ich mal gespannt,ob nach den ganzen News auch der Kurs mal in die Gänge kommt!! Ob wir jemals die 0,3 € cent wieder erreicht werden ??.

[oxa]

Aus Stockhouse: Produktionstests stehen jetzt unmittelbar bevor....




getting the news out before CEX even though CEX is the operator? Interesting:



Questerre begins testing Kakwa-Resthaven well

2012-05-01 03:34 ET - News Release



Ms. Anela Dido reports

QUESTERRE ENERGY CORPORATION: TESTING COMMENCES ON MONTNEY WELL

Questerre Energy Corp. has begun production testing on the Montney horizontal well in the Kakwa-Resthaven area of west-central Alberta.

Completion operations were successfully conducted late last week. The well was completed with 15-stage fracture stimulations in the 1,430-metre long horizontal section. Initial cleanup and flowback is under way, with preliminary results expected later this month.

Questerre will have a 37.5-per-cent interest in the well before payout and a 25-per-cent interest in this well after payout. Upon completion of this well, Questerre will have a 25-per-cent working interest in 16 contiguous sections of land in this area.

We seek Safe Harbor.

[oxa]

Hier die News zu Montney .... Das ist ein VOLLTREFFER, vor allem die hohen Liquids-Anteile machen die Produktion rentabel. Und jetzt sieht bestehen natürlich gute Chancen, dass die nächsten Wells ähnlich erfolgreich werden .....

CONTACT IST EIN GEWINNER und der zeit noch spottbillig......

CALGARY, CANADA (TSX-V:CEX)
NEWS RELEASE
Contact Exploration Announces Kakwa Montney Test Results of 2,532 boe/d (950 boe/d Net)
May 3, 2012, (Calgary, Alberta) Contact Exploration Inc. (“Contact” or the “Company”) (TSX-V: CEX) is pleased to announce that the Contact operated horizontal Montney well (the "13-17 Well") has been successfully drilled and completed with a 15 stage water-based foam frac. Following a 96 hour frac flow back, the well was still cleaning up, with average gross production rates over the final 24 hours of production testing being 1,150 bbl/d condensate and 8,290 mscf/d gas, being 2,532 boe/d combined (431 bbl/d and 3,109 mscf/d, or 950 boe/d combined, net to Contact and before payout) against a wellhead pressure of 1,100psi. In addition to well head condensate, the gas analysis from the 13-17 Well suggests that an additional 25-35 bbl/mmscf of natural gas liquids are recoverable through typical refrigeration processing, and up to 70 bbl/mmscf if deep cut processing is available. The well is currently being equipped with tubing following which additional clean up of frac water is expected over the next several days. The 13-17 Well was drilled and completed within the expected timelines and on budget.
Contact holds a 37.5% interest (25% after payout) in the 13-17 Well, and holds a 25% working interest in a 16 section contiguous land block offsetting the 13-17 Well, with Contact being operator for the entire block. The successful drilling and completion of the 13-17 Well is a milestone for Contact, establishing what is expected to be a significant new core area for the Company at Kakwa. Surveying and applications have commenced for both tie-in operations as well as for the drilling of a follow-up well. The Company currently anticipates the 13-17 Well to be tied-in by September 2012.
Steve Harding, President and CEO commented, “Contact is very pleased with the successful execution and test results from the 13-17 Well. This productivity test substantially exceeds our expectations for liquids yield and confirms our technical work that had suggested our acreage was in the heart of the liquids-rich Montney trend. This result provides a multi-fold boost to our production capability, on a property that we expect will be capable of producing exceptional volumes with further development. We will continue to be focused on our inventory of liquids-weighted projects, characterized by strong economics.”
The Company advises that although these initial rates are very encouraging, production test results are not necessarily indicative of long-term performance or of ultimate recovery from the well

[Tomu]

schaut doch sehr gut aus :-)

wird die nächste zeit sicher über 0.2 cad gehen

[inthiscase]

Antwort auf Beitrag Nr.: 43.119.957 von oxa am 04.05.12 11:31:21

tatsächlich ein Volltreffer!
Wenn sich diese Flow Rates langfristig bestätigen wäre das der Knaller.

über fünf Mio. shares heute an der TSX gehandelt. Die Spanne von 0,24-0,125 CAD. Leider haben wohl einige mit Billig-shares versorgte Investoren (bspw. aus dem letzten PP zu 0,13 CAD oder diversen Warrants) das hohe Kaufinteresse genutzt um schnelles Geld zu machen.

man kann gespannt sein auf die weitere Entwicklung...

[inthiscase]

Pay day for Questerre in Montney shale
Steve Marshall ,

04 May 2012 07:39 GMT
.

Test of first well in Canadian liquids-rich shale play yields flow of riches



Canadian junior Questerre Energy has unveiled stellar results from its first well targeting the liquids potential of the Montney shale formation in western Canada that it says have bolstered the economics of the play.

The horizontal probe drilled in the Kakwa-Resthaven area of west-central Alberta flowed 1150 barrels per day of condensate and 8.3 million cubic feet per day of gas during testing after water-based foam fracture stimulation.

Analysis of the production data also revealed that an additional 25 to 30 million cubic feet of natural gas liquids could be recoverable, possibly rising to 70 MMcf with deep-cut processing, the company said in a statement.

Chief executive Michael Binnion said the early results “exceeded our expectations” after Questerre started drilling last month on the deep over-pressured fairway in the Montney following a farm-in to the play, with the company targeting output of 1500 to 2000 barrels of oil equivalent per day by 2013.

“While the natural gas test rates are in line with industry activity in the area, the condensate and natural gas liquids were much better,” he said.

“The high liquids rate materially enhances the economics of this play,” he added.

The company now intends to bring the well into full production by tying it into existing pipeline infrastructure, which it expects to complete by the fourth quarter.

Questerre, which holds a 37.5% interest in the well as well as a 25% stake in contiguous acreage, is now working to identify follow-up drilling sites.

http://www.upstreamonline.com/incoming/article1246562.ece

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.121.876 von Tomu am 04.05.12 17:07:59

Na ja soviel vertrauen scheinen die Anleger nicht zu haben!!

Alles wieder abverkauft

[Hoschibaer]

May 11/12

Hodgins, Robert Bruce

Direct Ownership

Common Shares

10 - Acquisition in the public market

230,000

May 10/12

May 6/12

Bowie, Ken

Direct Ownership

Common Shares

54 - Exercise of warrants

312,500

$0.120

May 10/12

May 6/12

Bowie, Ken

Direct Ownership

Warrants

54 - Exercise of warrants

-312,500

$0.120

May 9/12

May 6/12

Sully, Raymond John

Control or Direction

Common Shares

54 - Exercise of warrants

125,000

$0.120

May 9/12

May 6/12

Sully, Raymond John

Control or Direction

Warrants

54 - Exercise of warrants

-125,000

$0.080

May 9/12

May 6/12

Sully, Raymond John

Direct Ownership

Common Shares

54 - Exercise of warrants

875,000

$0.120

May 9/12

May 6/12

Sully, Raymond John

Direct Ownership

Warrants

54 - Exercise of warrants

-875,000

$0.080

May 9/12

May 6/12

Harding, Steven Craig

Indirect Ownership

Common Shares

54 - Exercise of warrants

1,125,000

$0.120

May 9/12

May 6/12

Harding, Steven Craig

Indirect Ownership

Warrants

54 - Exercise of warrants

-1,125,000

$0.080

May 9/12

May 6/12

Harding, Steven Craig

Indirect Ownership

Common Shares

54 - Exercise of warrants

250,000

$0.120

[Blacksidi]

Vor Jahren habe ich schon mal in CEX investiert und mit leichtem Verlust ausgestiegen. Jetzt schauts aber wieder interessant aus, bin eben wieder eingestiegen.
Mal sehen ob es diesmal besser klappt.....

[Blacksidi]

Antwort auf Beitrag Nr.: 43.168.174 von Blacksidi am 15.05.12 16:55:56

Und dies hat mich überzeugt:

http://www.statesidereport.com/Four_Horsemen_of_the_Maritime…

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.168.219 von Blacksidi am 15.05.12 17:04:22

das ist aus 2008!!

Optionen eingelöst jetzt könnte der Kurs langsam mal steigen!!

[Blacksidi]

Antwort auf Beitrag Nr.: 43.188.580 von Hoschibaer am 20.05.12 15:01:18

Jau, stimmt, ich war etwas in Eile, bin manchmal spontan impulsiv.

Jetzt wo die Optionen eingelöst sind, sollte es in ein paar Tagen wieder steigen.

[oxa]

Ich stocke jetzt meinen Bestand nochmal auf. Nach diesen Ergebnissen ist der SP deutlich zu niedrig. Sobald die neuen shares endgültig untergebracht sind gehts hier zunächst Richtung can. 30 cents. Das dauert nicht mehr lange ..

Fazit: Contact hats geschafft - vom fast Pleitekandidaten zum profitablen Produzenten mit hohem Wachstumspotential. Gutes Management, gute Projekte aber der Markt realisiert es derzeit noch nicht ...

dyodd

oxa

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.193.070 von oxa am 21.05.12 19:04:57

Hey OXA sehe das genau so!Aber in Canada wird der Kurs immer in dem 13 cent bereich gehandelt und das bei recht hohem Umsatz!!Da will jemand nicht das der Kurs Beine bekommt!! Mfg. H.

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.193.484 von Hoschibaer am 21.05.12 20:35:30

Na dauert aber alles länger als erwartet!!Ob das ein gutes Zeichen ist ??

[inthiscase]

Contact Exploration Announces Closing of Private Placement of Flow-Through Common Shares
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

(TSX-V:CEX)

CALGARY, July 18, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSXV: CEX) is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement") of 20,000,000 common shares in the capital of the Company, issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares"). The Flow-Through Shares were issued to a private investor at a price of $0.15 per share for aggregate proceeds of $3,000,000.

Following the Private Placement, the private investor now holds 29,000,000 common shares of Contact, representing 13.52% of the issued and outstanding common shares of the Company.

Contact expects to use the proceeds of the Private Placement to incur eligible Canadian Exploration Expenses to fund its ongoing capital programs prior to December 31, 2013. These qualifying Canadian Exploration Expense expenditures will be renounced to the subscriber effective December 31, 2012.

The Flow-Through Shares issued pursuant to the Private Placement are subject to a four-month hold period from the closing date, which hold period expires on November 19, 2012.


July 18, 2012 19:13 ET

Treherne Resources Ltd.: Acquisition of Common Shares of Contact Exploration Inc.

CALGARY, ALBERTA--(Marketwire - July 18, 2012) - Treherne Resources Ltd. ("Treherne"), a private company controlled by Clayton H. Riddell, reports that on July 18, 2012, it acquired ownership and control of 20,000,000 common shares of Contact Exploration Inc. ("Contact"), issued on a "flow-through" basis, representing approximately 10.28% of Contact's outstanding common shares, through a non-brokered private placement (the "Offering"). As of the date hereof, Treherne owns or controls a total of 29,000,000 common shares of Contact representing approximately 13.52% of Contact's outstanding common shares after giving effect to the Offering.

The 20,000,000 common shares of Contact were acquired by Treherne pursuant to the terms of the Offering. Pursuant to the Offering, Contact issued 20,000,000 flow-through common shares at a price of
.15 per common share. The flow-through common shares are subject to a four month hold period from the date of their issuance in accordance with applicable Canadian securities legislation. The total consideration paid by Treherne for the common shares acquired was $3,000,000.

Treherne acquired the common shares of Contact for investment purposes. The acquisition pursuant to the Offering was made in reliance on section 2.3 of NI 45-106. Mr. Riddell or entities controlled by him may increase or decrease ownership of, or control over, securities of Contact depending on market conditions or any other relevant factor.

For further information, or to obtain a copy of the early warning report filed in connection with this matter, please contact Clayton H. Riddell.

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.404.666 von inthiscase am 19.07.12 19:01:04

Danke dir fürs reinstellen! Was meinst du ob wir nun langsam mal richtung 0,2$ laufen. Mfg.H.baer

[silvretta]

Zitat von Hoschibaer: Danke dir fürs reinstellen! Was meinst du ob wir nun langsam mal richtung 0,2$ laufen. Mfg.H.baer

__________________________________________________________________________

Im Grunde von Dir mit 0,2 $ ein sehr bescheidenes KZ . Aber sind wir doch schon froh ,daß Contact inzwischen wieder im 2-stelligen Centbereich ist !

Wenn ich mir nur vorstelle damals Contact für über 2 € gekauft zu haben wird

mir heute noch schwindlig !

Aber wer weiß vielleicht wird der CONTACT-Kurs auch noch besser ?

Vielen Dank an Euch für die Infos. !

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.408.587 von silvretta am 20.07.12 18:32:34

Ja aber man ist nach so langer zeit froh wenn es wenigstens in kleinen schritten hoch geht!! Mir würden schon Kurse um 0,50-0,70€ cent reichen!!Müste aber zu schaffen sein! Die frage ist nur wie lange dauert das noch!!

[silvretta]

Zitat von Hoschibaer: Ja aber man ist nach so langer zeit froh wenn es wenigstens in kleinen schritten hoch geht!! Mir würden schon Kurse um 0,50-0,70€ cent reichen!!Müste aber zu schaffen sein! Die frage ist nur wie lange dauert das noch!!

___________________________________________________________________________

Hoschibaer,

sicher ist man jetzt schon mit etwas über 13 Cent und vor allem daß wir bereits im 2. HJ. sind !Die Hauptsache die haben etwas gefunden und die Menge ist gut !

Im Moment tanken alle auch Heizöl nach dem heftigen letzten Winter und politisch wird eine Ölkrise kommen !

70 Cent wäre schon schön aber es dürfte sicher auch viel mehr sein !
MfG.

[oxa]

JA, die Kursentwicklung ist ziemlich nervig. Aber die Sommerflaute geht auch vorbei und ab September gehen wir hier gegen Norden! Die Ausgangslage ist einfach zu gut: Ein Mörderloch in Alberta gebohrt, ein zweites wird kurzfristig begonnen, dann die Projekte in New Brunswick, die Gaspreise sind bei US$3, da kommt sogar im Gasbereich etwas Phantasie auf, und Cash im Überfluss durch Warrant ausübung und PP. Alles sehr gut ...

[silvretta]

Zitat von Hoschibaer: Ja aber man ist nach so langer zeit froh wenn es wenigstens in kleinen schritten hoch geht!! Mir würden schon Kurse um 0,50-0,70€ cent reichen!!Müste aber zu schaffen sein! Die frage ist nur wie lange dauert das noch!!

__________________________________________________________________________

Oh je ,da hast Du recht über 2 € werden wir bei Contact wohl nie mehr sehen ,das war eben ein grober Fehler aber 70 € Cent wäre ein kleiner Trost !

[inthiscase]

Contact Announces Year End Filings and Filing of Statement of Reserves Data
(TSX-V:CEX)

CALGARY, July 20, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that it has today filed its audited consolidated financial statements for the year ended March 31, 2012 and the related management's discussion and analysis on the Company's profile on the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.

http://www.stockhouse.com/financialtools/sn_newsreleases.asp…


http://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=…

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.419.801 von inthiscase am 24.07.12 22:25:30

Dem Kursverlauf zu folge ist der Jahresbericht nicht berauschend! Oder hat einer eine bessere Erklärung? Es tut sich einfach nichts,man könnte
meine das die Macher nicht wollen das der Kurs über 0,14can$ steigt....

[silvretta]

Zitat von Hoschibaer: Dem Kursverlauf zu folge ist der Jahresbericht nicht berauschend! Oder hat einer eine bessere Erklärung? Es tut sich einfach nichts,man könnte
meine das die Macher nicht wollen das der Kurs über 0,14can$ steigt....

__________________________________________________________________________

Hoschi,

bin ganz Deiner Meinung !

Vielleicht müssen die auf einen Geldgeber Rücksicht nehmen ?

[oderfnam]

Antwort auf Beitrag Nr.: 43.457.699 von silvretta am 04.08.12 21:05:26

Es gab einen positiven Bericht im Mai für Kakwa, und dass im Sept. der nächste Schritt erfolgt sein soll (tied-in ??)
"The successful drilling and completion of the 13- 17 W ell is a
milestone for Contact, establishing what is expected to be a significant new core area for the Company at Kakwa.
Surveying and applications have commenced for both tie- in operations as
well as for the drilling of a follow- up well. The Company currently anticipates the 13 - 17 Well to be tied- in by September 2012. "
(was heisst tied-in (angebunden ??) - an die Pipeline ??)

Und inzwischen sind chinesische Unternehmen am Einkaufen auch in Kanada.
Wenn's kein unerwartetes Pech gibt, dann kanns nur aufwärts gehen (soeben sind die 1,45 deutlich erreicht

[silvretta]

Antwort auf Beitrag Nr.: 43.482.119 von oderfnam am 10.08.12 20:46:22

Was bedeutet das denn :


(soeben sind die 1,45 deutlich erreicht

???

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.502.779 von silvretta am 16.08.12 21:09:28

bestimmt nur ein Tipfehler!!

[oderfnam]

Antwort auf Beitrag Nr.: 43.505.655 von Hoschibaer am 17.08.12 14:45:23

na ja ein Tipfehler, aber kein fehlerhafter Tipp 0,14 CAD heute morgen
Und es gibt die nächste Meldung
nächste Bohrung angegangen; Pipeline-anbindung im Plan - bis ende Sept.
Ich hoffe das ist auch kein Tip-Fehler: 2 500 BEE/d (auch wenn nur 1/4 dafür für Contact sein sollte - oder)
---
Contact Exploration Announces New Well in Deep Basin Montney Project

(TSX-V:CEX)

CALGARY, Aug. 22, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that drilling commenced today on the CEX HZ 14-30-63-5W6 well, being the second well drilled by the Company on its Deep Basin Montney lands at Kakwa. The well is targeting the Montney Formation and is located approximately two miles from the Company's initial Montney well, which tested at greater than 2,500 BOE/d. The new well is programmed for a total drilled length of 4,684 metres, including a horizontal leg of 1,200 meters. Contact operates the well with a 25% working interest. Contact anticipates that the drilling of this well will be finalized by October 2012, with well completion (stimulation and testing) to be completed by November 2012.
Additionally, the Company confirms that the pipeline construction to tie-in the Company's initial well in the Kakwa area continues, with anticipated construction completion by late September 2012.

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.524.580 von oderfnam am 23.08.12 11:45:07

Na das höhrt sich ja mal gut an, hoffentlich hilft es auch dem Kurs !!
Könnte langsam mal Richtung norden gehen!!!

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.525.095 von Hoschibaer am 23.08.12 13:34:08

Na ja in Canada scheint die Nachricht keinen zu interesieren!!

[oderfnam]

Antwort auf Beitrag Nr.: 43.525.799 von Hoschibaer am 23.08.12 15:47:21

Tendenziell sieht man das Interesse schon. Die 0,14 CAD scheinen jetzt stabil zu sein.
Jetzt warten natürlich alle auf den Anschluss an die Pipeline, laut aktuellem Plan Ende Sept.
Zum weiteren Einsteigen wird dann vtl. rechtzeitig geklingelt bei 0,2
Bis dann.

[oderfnam]

Antwort auf Beitrag Nr.: 43.527.497 von oderfnam am 23.08.12 22:08:32

die aktuellen finanzzahlen findet man bei
http://sedar.com/new_docs/new_financial_statements_en.htm

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.542.409 von oderfnam am 28.08.12 16:14:59

Danke fürs einstellen!! So schlecht sind die zahlen doch nun auch nicht!Aber der Kurs kommt einfach nicht aus den Puschen!!
Mfg.HB

[oderfnam]

Antwort auf Beitrag Nr.: 43.543.454 von Hoschibaer am 28.08.12 19:52:24

jo mei, die müssen doch erst mal ihre Leitung fertighaben, damit das Öl läuft.
Immerhin haben sie mittlerweile wohl genug Geld um das auch zu finanzieren.
Und dann hoffe ich dass mit dem Fracking nicht das Wasser versaut wird
In der Uni Leoben hat man ein Verfahren entwickelt - für die OMV - das ohne die harten Chemikalien auskommt.

[silvretta]

Antwort auf Beitrag Nr.: 43.546.966 von oderfnam am 29.08.12 15:46:26

Mein Gott wo ist Contact nach dem stürmischen Anfang nur gelandet !

Heute muß man schon froh sein daß nach langer Zeit die 10 €-Cent erreicht

wurden !Hoffentlich geht es jetzt weiter aufwärts ?

[oderfnam]

Antwort auf Beitrag Nr.: 43.567.308 von silvretta am 04.09.12 16:13:56

Hoffnung besteht
Auch wenn heute der Kurs mal wieder schwächelt - vielleicht weil die Piepline erst im Herbst (und nicht schon Ende Sept) fertig wird ?
Jedenfalls hat contact jetzt eine neuere, bessere und informativere Homepage - ein Lob dafür ! Nicht nur wegen der Bilder, mit denen man sich ein besseres Bild von den div. Bohrstellen machen kann.
Stoney Creek hatte wohl zeitweilig ein techn. Problem, das überwunden ist - aber die Ölförderung im letzten Quartal (bis 30. Juni) gebremst hat. Wer nur auf diese Zahlen guckt - sieht den Himmel nicht.
http://www.contactexp.com/Home.html
Dort steht auch der Kommentar von Harding zur aktuellen Lage - für Optimisten sehr positiv - für Pessimisten noch zu viele Zukunftshoffnungen, die aber realen Hintergrund haben (sollen)

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.576.023 von oderfnam am 06.09.12 18:56:56

Hey oderf. da muß ich dir recht geben die neue Seite von Cont. ist gut geworden! Ich gehe auch davon aus das wir nächstes Jahr bessere Kurse sehen werden!!Mfg Hoschib.

[oderfnam]

Antwort auf Beitrag Nr.: 43.576.200 von Hoschibaer am 06.09.12 19:35:39

interessant ist auch dass der Umsatz (in Kanada) stark ansteigt (gestern allein über 1 Mio).

[inthiscase]

Antwort auf Beitrag Nr.: 43.594.592 von oderfnam am 12.09.12 11:53:28

hängt wohl mit dieser Meldung zusammen (weitere gute Ergebnisse aus der Montney formation):

Celtic Provides Operations Update
Celtic Exploration Ltd. CLT
9/10/2012 8:00:34 AM

Celtic Provides Operations Update
CALGARY, ALBERTA--(Marketwire - Sept. 10, 2012) - Celtic Exploration Ltd. ("Celtic" or the "Company") (TSX:CLT) is pleased to provide an update on recent operations activity.

RESTHAVEN - Montney

At Jayar, Alberta, in the northern portion of Celtic's Resthaven land block, the Company has completed a horizontal well located at 4-22-61-3W6 (100% WI). The well was drilled with a horizontal lateral of 1,545 meters in the Montney formation and was completed with a 900 tonne, 18-stage nitrogen foam fracture. The well was flowed on clean-up for 194 hours and during the last 24 hours of the test the well was flowing at 11.7 MMCF per day of raw gas and 362 barrels per day of condensate with a flowing tubing pressure of 8,748 kPa (1,268 psi). After processing the gas with shallow-cut recoveries at the gas plant, the Company expects liquids production, including field condensate, to be in the range of 45 to 50 barrels per MMCF of raw gas.

At Kakwa, Alberta, north of Celtic's Resthaven land block, the Company has completed a horizontal well located at 3-28-64-4W6 (100% WI). The well was drilled with a horizontal lateral of 1,492 meters in the Montney formation and was completed with a 900 tonne, 15-stage nitrogen foam fracture. The well was flowed on clean-up for 132 hours and during the last 24 hours of the test the well was flowing at 1,596 barrels per day of 45° API oil with associated gas of 2.5 MMCF per day, at a flowing tubing pressure of 2,960 kPa (429 psi). This well offsets a well previously drilled by Celtic which has been on production for a year and has produced approximately 86,000 barrels of oil and 193 MMCF of natural gas.

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.594.592 von oderfnam am 12.09.12 11:53:28

Aber der Kurs kommt immer noch nicht von der Stelle!! Vieleicht ist der Startschuss nun gefallen!! Ich würde es uns wünschen!!
Mfg HB

[silvretta]

Zitat von Hoschibaer: Aber der Kurs kommt immer noch nicht von der Stelle!! Vieleicht ist der Startschuss nun gefallen!! Ich würde es uns wünschen!!
Mfg HB

___________________________________________________________________________

Hoschib.,

hoffentlich ist jetzt noch nicht wieder das ganze Pulver bei CONTACT

verschossen sondern es war nur der Anfang !

In Anbetracht unserer EK`s sollte da noch ein ordentlicher Sturm kommen !

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.596.794 von silvretta am 12.09.12 18:54:22

Das will ich für uns hoffen,nach der langen Durststrecke!!!
Ich würde mich über ein stetig wachsenden Sturm freuen!!MFG HB.

[silvretta]

Zitat von Hoschibaer: Das will ich für uns hoffen,nach der langen Durststrecke!!!
Ich würde mich über ein stetig wachsenden Sturm freuen!!MFG HB.

____________________________________________________________________________

Ach jeh,

wir haben die gleichen Gedanken und Hoffnungen !

Hoffentlich wird es bei der fast undurchsichtigen CONTACT wirklich noch

stürmisch ? Du kannst es mir ja wünschen und ich Dir !

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.597.420 von silvretta am 12.09.12 21:04:47

Die Umsätze werden langsam mehr,aber der Kurs rührt sich nicht
von der Stelle!!

[inthiscase]

Antwort auf Beitrag Nr.: 43.597.452 von Hoschibaer am 12.09.12 21:10:11

so in der Art sollte das eigentlich aussehen (Donnycreek Energy Inc.):




stattdessen nur



wenn man das Volumen dazu nimmt sieht man:




irgendjemand verkauft dicke Blöcke sobald etwas Schwung aufkommt...
Die große Frage, warum macht er das? Entweder einfach nur schnell Cash generieren, es gibt etwas Negatives
von dem wir bislang nichts wissen oder der Kurs soll noch nicht steigen...

Donnycreek seit der Bekanntgabe der Montney Ergebnisse ca. vervierfacht... bei CEX heute über zwei Mio. Stück gehandelt - minimale Kursreaktion

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.597.861 von inthiscase am 12.09.12 22:36:46

Hätte mich gewundert wenn der Kurs gestiegen wäre!! Es ist zum Kot....
Langsam könnte mal was an Nachrichten kommen!

Mfg H.B.

[inthiscase]

lässt man den Kurs jetzt steigen, oder kommt doch wieder einer mit nem dicken Brocken ins bid um die Ecke?
Umsätze sind jetzt schwächer geworden, aber bei steigenden Kursen.

[Blacksidi]

Das sieht mir nach einem stabilen Aufwärtstrend aus und das bei negativen Umfeld. Laufen lassen und evtl. nachlegen wenn flüssig, imo.

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.650.060 von Blacksidi am 26.09.12 22:06:35

Hey Blacksidi dann hoffen wir mal das du recht behälst! Wäre uns ja vergönnt nach so vielen Jahren der warterei.

mfg H.B.

[Blacksidi]

Vermutlich kommen einige Anleger von Donycreek nach ihren Gewinnmitnahmen zu Contact uns soll es recht sein.

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.651.425 von Blacksidi am 27.09.12 11:00:54

wäre ja nicht schlecht!

[oderfnam]

Antwort auf Beitrag Nr.: 43.651.699 von Hoschibaer am 27.09.12 11:52:43

es gibt jetzt Bilder zu einigen projekten - die hier von kakwa werden laufend aktualisiert (Datum, meistens unten rechts): Texte dazu sind allerdings mager:
http://www.contactexp.com/Kakwa.html

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.662.639 von oderfnam am 30.09.12 22:16:30

danke für die info! sieht ja gut aus es scheint ja was zu pasieren!!
bald müßte die straße ja fertig sein ? sollte nicht auch ende september noch was anliegen?
Mfg.H.B.

[oderfnam]

Antwort auf Beitrag Nr.: 43.666.122 von Hoschibaer am 01.10.12 19:42:50

September ja, HB, aber die Fertigstellung der Pipeline wurde etwas verschoben auf Herbst. Hoffentlich schaffen sie's vor dem Wintereinbruch.

[inthiscase]

Contact Exploration Announces Kakwa Montney Operations Update(TSX-V:CEX)

CALGARY, Oct. 9, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that it has successfully drilled its second horizontal Montney well (the "14-30 Well") to a measured depth of 4,678 metres, including a horizontal leg that remained within the target interval for its entire 1,230 metre length. The 14-30 well was drilled to total depth ("TD") seven days ahead of schedule and under budget, having reached TD 17 days faster than the Company's initial Montney discovery well at 13-17-63-5W6 (the "13-17 Well").

The 14-30 Well has been logged, cased and equipped with a packer-style completion system that will facilitate a fourteen stage nitrogen-based frac with an option to frac an additional prospective interval above the primary target, also within the Montney. Contact is planning to complete and test the well over the next 30 days. With successful test results, the well will be equipped for production and tied-in to the Company's newly constructed gas transportation line by year end. Contact is preparing to drill another well from the same surface location as the 14-30 Well later this winter, and is also in the process of licensing additional locations on its Kakwa acreage.

As previously announced on May 3, 2012, Contact's 13-17 Well (37.5% working interest Contact before payout, 25% after payout) was successfully drilled and completed, demonstrating average gross production rates over the final 24 hours of production testing of 1,150 bbl/d condensate and 8,290 mscf/d gas, being 2,532 boe/d (431 bbl/d and 3,109 mscf/d, or 950 boe/d combined, net to Contact and before payout). The Company has finalized construction of the well site facilities and transportation line, connecting the 13-17 Well to Pembina's Musreau facility. A series of outages at downstream liquids processing facilities in Alberta have caused a delay in the start-up of the 13-17 Well, as new volumes of propane and butane temporarily cannot be accepted at these facilities. Contact is investigating alternative solutions for this short-term restriction and is confident the delay will not affect the overall forecast economics for the project, which remain exceptional due to the strong condensate market and improving natural gas prices.

Contact operates the Deep Basin Montney project and is responsible for 25% of the costs of drilling and completion of the 14-30 Well and of the pipeline tie-in for the 13-17 Well. The Company holds a 25% interest in 16 contiguous sections of lands at Kakwa.

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.694.882 von inthiscase am 09.10.12 19:12:50

Sieht ja nicht ganz so schlecht aus!!!
Mal sehen wann der Kurs nachhaltig steigt!
Mfg. H.B.

[silvretta]

Antwort auf Beitrag Nr.: 43.711.459 von Hoschibaer am 14.10.12 22:21:41

Hoschi ,

fragt sich nur ob und wann das ist ?

[inthiscase]

Exxon Mobil agreed on Wednesday to buy Celtic Exploration for about $3.1 billion in cash and stock, as it sought to expand its presence in the energy-rich shale formations of western Canada.

[...]

Founded in 2002, Celtic focuses its exploration and production of oil, natural gas and related liquids in west central Alberta, particularly in the Montney and Duvernay shale formations. Its holdings produce about 72 million cubic feet a day of natural gas and 4,000 barrels of crude oil, condensate and other liquids. And it is estimated to hold 128 million oil equivalent barrels of proved and probable reserves

http://dealbook.nytimes.com/2012/10/17/exxon-to-buy-canadian-oil-and-gas-company-for-3-1-billion/?partner=rss&emc=rss

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.723.946 von inthiscase am 17.10.12 20:54:58

hey inthiscase was meinst du ob die meldung uns auch nach vorne bringt!!
Mfg.H.B.

[inthiscase]

Antwort auf Beitrag Nr.: 43.724.423 von Hoschibaer am 17.10.12 22:56:47

Könnte insgesamt etwas mehr Aufmerksamkeit bringen.
Leider stiehlt Donnycreek CEX weiterhin die Show. Sobald
die Testergebnisse der neuen Bohrung anstehen wird es
wieder spannend. Das ist ja in absehbarer Zeit soweit. Bis
dahin heisst es weiter abwarten. Stabil ist der Kurs ja

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.728.168 von inthiscase am 18.10.12 19:38:33

Heute scheint ja etwas interesse aufzukommen! Mal sehen wie lange!!
Der Kurs hält sich auch stabil!!
Mfg.H.B.

[inthiscase]

Antwort auf Beitrag Nr.: 43.746.971 von Hoschibaer am 24.10.12 15:40:44

Sehr interessante News, sorgt für gesteigertes Interesse:

http://www.newswire.ca/en/story/1058167/contact-exploration-…  

Contact Exploration Announces Negotiations for New Brunswick Natural Gas Asset CALGARY, Oct. 24, 2012 /CNW/ -

Contact Exploration Inc. ("Contact" or the "Company") (TSXV: CEX) is pleased to announce that it is currently negotiating with Pieridae Energy Canada ("Pieridae") a participation and earning agreement (the "Proposed Agreement") respecting Contact's New Brunswick natural gas assets. Pieridae is a Canadian energy infrastructure development company that has announced the development, along with RWE Group (being one of Europe's leading integrated energy companies), of a liquefied natural gas ("LNG") export facility (the "Goldboro LNG Facility") in Goldboro, Nova Scotia, Canada. In addition to setting forth the framework for the funding and joint development of Contact's New Brunswick natural gas assets, the Proposed Agreement is to contemplate that Contact will exclusively manage the operations of any investment made by the partners in the Goldboro LNG Facility with respect to the exploration and development of all potential Canadian on-shore natural gas for the facility. As announced by Pieridae, the Goldboro LNG Facility is to include a gas liquefaction plant and facilities for the storage and export of LNG, including a marine jetty for off-loading, and upon completion, is expected to ship approximately five million metric tons of LNG per year and have on-site storage capacity of 420,000 cubic metres of LNG. The Goldboro LNG Facility is to be located adjacent to the Maritimes & Northeast Pipeline, a 1,400-kilometre transmission pipeline system built to transport natural gas between Nova Scotia, Atlantic Canada and the North eastern United States. As announced by Pieridae, the Goldboro LNG Facility project is expected to create significant direct and indirect economic benefits for the local community, Provinces of Nova Scotia and New Brunswick and region, with Pieridae anticipating that, at its peak, the Goldboro LNG Facility will create up to 1,500 jobs during construction and 100 full-time, permanent jobs during operations. Negotiations between Contact and Pieridae respecting the terms of the Proposed Agreement are ongoing and the Company expects the Proposed Agreement to be finalized within the next four weeks.  Contact will provide further details regarding the timing of finalizing and entering into the Proposed Agreement, and the terms and conditions thereof, in due course.   Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?s=CE…  

[inthiscase]

Antwort auf Beitrag Nr.: 43.747.456 von inthiscase am 24.10.12 17:18:00

Apropos Interesse:

heute sogar Stücke in FFM, STU, und NY gehandelt...

[inthiscase]

Antwort auf Beitrag Nr.: 43.747.456 von inthiscase am 24.10.12 17:18:00

in diesem Satz steckt einiges an Phantasie:

In addition to setting forth the framework for the funding and joint development of Contact's New Brunswick natural gas assets, the Proposed Agreement is to contemplate that Contact will exclusively manage the operations of any investment made by the partners in the Goldboro LNG Facility with respect to the exploration and development of all potential Canadian on-shore natural gas for the facility.

Wenn die mit dem Zeitrahmen klarkommen, wissen wir schon bald mehr:

...Proposed Agreement to be finalized within the next four weeks..

[Blacksidi]

Und hier ein wenig mehr:


Energy company to develop Eastern Canadian LNG export facility

GOLDBORO, NS, Oct. 24, 2012 /CNW/ - Pieridae Energy Canada (Pieridae), a Canadian energy infrastructure development company, announced today, Oct. 24, the development of a liquefied natural gas (LNG) export facility in Goldboro, Nova Scotia, Canada.

Goldboro LNG (www.GoldboroLNG.com) will include a natural gas liquefaction plant and facilities for the storage and export of LNG, including a marine jetty for loading. The facility is anticipated to produce approximately five million metric tons of LNG per year and have on-site storage capacity of 420,000 cubic metres of LNG.

"We have the experience, expertise, financial resources, and access to supply and markets required for developing Eastern Canada's first LNG export facility," said Alfred Sorensen, President, Pieridae Energy Canada.

"Goldboro LNG will connect the expanding supply of natural gas in both Canada and the United States with the increasing global demand," said Sorensen. "With our location and proximity to existing gas pipeline infrastructure, Goldboro LNG is well positioned as the gateway to the global markets for North American LNG."

The facility is located adjacent to the Maritimes & Northeast Pipeline, a 1,400-kilometre transmission pipeline system built to transport natural gas between developments in Nova Scotia, Atlantic Canada and the northeastern United States.

The location of Goldboro LNG also provides substantial advantages for transporting LNG to key markets.

"Goldboro provides an excellent location for exports and will be the east coast of Canada and the United States' closest mainland LNG export terminal to Europe and India," said Sorensen.

The project will create significant direct and indirect economic benefits for the local community, province and region. It is anticipated that at its peak Goldboro LNG will create up to 1,500 jobs during construction and 100 full-time, permanent jobs during operations.

Pieridae is in advanced negotiations with international energy utilities for the natural gas processed at Goldboro LNG and expects to conclude negotiations in 2013.

Pieridae also announced that it is negotiating with Contact Exploration Inc. (Contact), a publicly-traded Canadian oil and gas company, the final details of a participation and earning agreement (Proposed Agreement) respecting Contact's New Brunswick natural gas assets. The Proposed Agreement further contemplates that Contact will exclusively manage the operations and investment made by Pieridae in Goldboro LNG with respect to the exploration and development of all potential Canadian on-shore natural gas.

"Goldboro LNG is an exciting development for Canada and provides a great opportunity for Eastern Canadian energy," said Steve Harding, President and CEO, Contact. "This project will promote resource development in Atlantic Canada, which might otherwise be compromised due to the prolific natural gas development in the northeastern United States."

Contact has a long-term history of operating in Eastern Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play.

"A Goldboro LNG export terminal will greatly contribute to our world-class oil and gas sector and position Nova Scotia as a strategic energy exporter," said Darrell Dexter, Premier of Nova Scotia. "This investment in our province will mean more good jobs for Nova Scotians and a boost to the economy throughout Atlantic Canada."

Goldboro, NS is also the landfall for the Sable and Deep Panuke offshore natural gas sub-sea pipelines and the Maritimes & Northeast Pipeline.

"The community of Goldboro and the Municipality of the District of Guysborough have embraced and contributed to developing our region as an energy hub. We are excited to work with Goldboro LNG to continue the momentum, grow our economy and build upon the natural advantages of our region," said Lloyd Hines, Warden of the Municipality of the District of Guysborough.

Barbara Pike, Executive Director of The Maritimes Energy Association, said, "The Goldboro LNG export facility will be an important addition to our region's energy infrastructure. The project has the potential to create opportunities for further development of Eastern Canada's natural gas resources and energy sector, which is evident in their negotiations with Contact."

Preliminary environmental, engineering and stakeholder engagement work is underway and pending regulatory approvals, construction is expected to begin in 2014 and Goldboro LNG will be operational in late 2018.

About Pieridae Energy Canada
Pieridae Energy Canada is a Canadian energy infrastructure development company focused on liquefied natural gas (LNG) opportunities. The company's management team has extensive LNG experience and deep connections to the LNG industry world-wide. Pieridae operates as the project lead in the initial phases of development of a project.

SOURCE: Pieridae Energy Canada
http://www.newswire.ca/en/story/1058165/energy-company-to-de…

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.748.280 von Blacksidi am 24.10.12 20:26:00

Höhrt und liest sich alles sehr gut, mal sehen ob der kurs jetzt nachhaltig weiter steigt!! Oder viele jetzt schnell den ausstieg suchen!! Umsätze steigen auch an!
Mfg.H.B.

[MarvinC]

CALGARY, Alberta | Wed Oct 24, 2012 5:06pm EDT

CALGARY, Alberta Oct 24 (Reuters) - Pieridae Energy Canada said on Wednesday it aims to build a C$5 billion ($5 billion) liquefied natural gas export terminal in Nova Scotia, a first for Eastern Canada, with the aim of exporting the fuel to Europe and India.

The proposed facility would have a capacity of 700 million cubic feet a day and be in service in late 2018, said the privately held company which was founded by its current president, Alfred Sorensen. Sorensen sold his last major LNG plan - on the Pacific Coast - to independent energy companies in 2010.

The site on the southeast coast of Nova Scotia is adjacent to the Maritimes & Northeast Pipeline, which carries gas to Atlantic Canada and the northeastern United States from the Sable offshore gas project operated by Exxon Mobil Corp.

Gas from Encana Corp's Deep Panuke natural gas project, which is expected to start up later this year, will also come ashore at the site in the community of Goldboro.

Under current plans, Pieridae plans to start its environmental assessment process before the end of this year with expectations that it would be completed in 2013. An investment decision would be made in 2014, it said.

In a statement, Sorensen said his group had the experience, financial resources and access to supply needed to move such a development forward.

Sorensen founded Galveston LNG, a company that planned an export terminal at Kitimat, British Columbia, in the early days of what is now a rush of plans to build such facilities on the West Coast. It sold out to Apache Corp and EOG Resources , and Encana later signed on as a partner. The project has yet to get a final go-ahead from the partners.

Pieridae said it was in talks with Contact Exploration Inc , a small producer that operates an oil and gas field in New Brunswick, with the aim of having Contact participate in the project and manage the operations. An agreement is expected to be signed in the next month.
The project would create 1,500 jobs during construction and 100 full-time positions, Pieridae said, and has won plaudits from Nova Scotia Premier Darrell Dexter.

"A Goldboro LNG export terminal will greatly contribute to our world-class oil and gas sector and position Nova Scotia as a strategic energy exporter," Dexter said in a statement

[silvretta]

Antwort auf Beitrag Nr.: 43.758.359 von Hoschibaer am 27.10.12 16:08:14

Hoschi, noch dürfte es noch zu früh sein für eine große Aussschau und

Freudensprünge . Eben weiter abwarten und das können wir ja inzwischen !

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.771.687 von silvretta am 31.10.12 18:06:13

Ja sehe ich auch so! Aber ich bin zufrieden meine Shares sind im grünen Bereich .Und wenn sie sich so halten bis zum nächsten Anstieg reicht mir das !!

[Blacksidi]

Contact Exploration Confirms Repeatability of Kakwa Liquids-Rich Montney Development with Second Successful Well
Contact Exploration Confirms Repeatability of Kakwa Liquids-Rich Montney Development with Second Successful Well

(TSX-V:CEX)

CALGARY, Nov. 5, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that the second Contact-operated horizontal Montney well (the "14-30 Well") has been successfully completed with a 14 stage water-based nitrogen foam frac. The well was flowed for 96 hours against anticipated gathering system pressure of approximately 1,100psi. During the final 24 hours of flow-back the well averaged gross production rates of 974 bbl/d condensate and 4,970 mcf/d gas, being 1,803 boe/d combined (244 bbl/d and 1,243 mcf/d, or 450 boe/d combined, net to Contact). An additional 4 hour flow test was subsequently conducted to provide insight into the free-flowing initial deliverability of the well, against a final wellhead pressure of 360 psi, which test resulted in gross rates of 1,324 bbl/d condensate and 6,423 mcf/d gas, being 2,394 boe/d combined. The 14-30 Well was drilled ahead of schedule and under budget and completion operations have remained on budget.

The successful drilling and completion of the 14-30 Well confirms that Contact's Kakwa lands are in the heart of the liquids-rich Montney trend, validating the repeatability of this prolific play. Steve Harding, President and CEO of Contact, commented, "Condensate rates from the 14-30 Well are right in line with our expectations given that both the horizontal length of 14-30 Well and its 24 hour production test volumes are approximately 85% of the horizontal length and test rates from our first well at 13-17. However, the 14-30 Well has surpassed our expectations for overall condensate production, having flowed more condensate in its 96 hour production test than did the 13-17 well and demonstrating free-flowing well head condensate yields of 200 bbls/mmcf. The condensate yields from the 14-30 Well will surely enhance the economic returns from this already strongly commercial project."

The 14-30 Well will now be equipped for production and Contact anticipates pipeline connection to the Company's previously built mainline to be finalized by early 2013. The 14-30 Well was designed to allow for the vertical completion and testing of an up-hole Montney target. However, given the success of the horizontal test and the potential risk of compromising wellbore integrity, Contact and its partners have elected not to complete this uphole Montney zone at this time. Contact continues to have confidence in this interval and will plan to test the zone in a future well. The Company is currently permitting a new well from the same surface location as 14-30, and is expecting to spud this well by January 2013.

Contact is also pleased to announce that it has acquired at recent Crown land sales, an additional 8 (eight) 100% working interest sections. These newly acquired lands are on trend with and nearby the Company's original Kakwa sixteen section block that it operates at a 25% working interest. Furthermore, Contact and its partners have acquired ¾ of a section immediately adjacent to the section upon which the 14-30 Well was drilled. With these acquisitions, Contact has added a total of 8.18 net sections of prospective Montney acreage for an average cost of less than $200 per hectare, such that the Company now holds 12.18 net sections prospective for Montney development.

The Company advises that although the initial rates from the 14-30 Well are very encouraging, production test results are not necessarily indicative of long-term performance or of ultimate recovery from the 14-30 Well.

About Contact Exploration Inc.

Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com

[Hoschibaer]

Contact Exploration Inc. Grants Stock Options
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CALGARY, Nov. 8, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) announces that it has issued 500,000 stock options to an executive officer of the Company in accordance with the Company's shareholder approved stock option plan. The stock options are exercisable at a price of $0.235 per share, expire in five years and vest immediately.

Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities in any jurisdiction. The common shares of Contact will not be and have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States, or to a U.S. person, absent registration or applicable exemption therefrom.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Contact Exploration Inc.

Steve Harding
President and CEO
Contact Exploration Inc.
Phone: [phone]
Fax: [phone]
Email: [e-mail]
www.contactexp.com

[Blacksidi]

Contact Exploration Announces Kakwa Operations Update and Filing of Results for the Quarter Ended September 30, 2012
Contact Exploration Announces Kakwa Operations Update and Filing of Results for the Quarter Ended September 30, 2012

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

CALGARY, Nov. 28, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSXV: CEX) is pleased to announce that all third party agreements required to enable the Company to commence production of natural gas and condensate from the Company's 13-17-63-5W6 well are now in place, such that production from this well is expected to begin in early December 2012. The sale of the production from this initial well at Kakwa is expected to have a material positive impact on the Company's monthly cash flow from operating activities.

Contact is also pleased to report that it has filed its unaudited Condensed Interim Consolidated Financial Statements for the three and six month periods ended September 30, 2012, and the related Management's Discussion and Analysis, on www.sedar.com.

About Contact Exploration Inc.

Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com

ADVISORY ON FORWARD-LOOKING STATEMENTS: This press release contains certain forward-looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "continue", "estimate", "may", "will", "should", "believe", "plans", "cautions" and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the forgoing, this press release contains statements concerning the timing of commencement of initial production from the Company's 13-17-63-5W6 well and the financial impact on the Company from the sale of such production, among others.

Forward-looking statements or information are based on a number of material factors, expectations or assumptions of Contact which have been used to develop such statements and information but which may prove to be incorrect. Although Contact believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Contact can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. In particular, in addition to other factors and assumptions which may be identified herein, no assurances can be given respecting the timing for the commencement of production from the 13-17-63-5W6 well; that Contact will continue to conduct its operations in a manner consistent with past operations; results from drilling and development activities will be consistent with past operations; the general stability of the economic and political environment in which Contact operates; field production rates and decline rates; the general continuance of current industry conditions; the timing and cost of pipeline, storage and facility construction and expansion and the ability of Contact to secure adequate product transportation; future commodity prices; currency, exchange and interest rates; regulatory framework regarding royalties, taxes and environmental matters in the jurisdictions in which Contact operates; and the ability of Contact to successfully market its oil and natural gas products.

Further, events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including, without limitation: changes in commodity prices; changes in the demand for or supply of the Company's products; unanticipated operating results or production declines; changes in tax or environmental laws, royalty rates or other regulatory matters; changes in development plans of Contact or by third party operators of Contact's properties, increased debt levels or debt service requirements; inaccurate estimation of Contact's oil and gas reserve and resource volumes; limited, unfavourable or a lack of access to capital markets; increased costs; a lack of adequate insurance coverage; the impact of competitors; and certain other risks detailed from time-to-time in Contact's public disclosure documents. Additional information regarding some of these risk factors may be found under "Risk Factors" in the Company's Management Discussion and Analysis prepared for the year ended March 31, 2012. The reader is cautioned not to place undue reliance on this forward-looking information. The forward-looking statements contained in this press release are made as of the date hereof and Contact undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Contact Exploration Inc.

Steve Harding
President and CEO
Contact Exploration Inc.
Phone: [phone]
Fax: [phone]
Email: [e-mail]

Canada Newswire
November 28, 2012 - 6:13 PM EST

SPONSORED NEWS LINKS

[schuppe07]

so liebe leuts,

bin ja mit cex vor zig jahren selbst fast verbrannt und da schaut man dann doch mal in abständen wieder drauf.hätte der aktie selbst nach solch langer zeit diesen verdoppler(cad-chart)nicht mehr zugetraut.
hab mir die letzten seiten hier im thread samt news durchgeschaut und dazu mal den 5-jahreschart ins visier genommen.wenn cex weiterhin mit good news kommt sind hier tatsächlich auf lange sicht wieder ca.0.75/8 drin(könnte ne wunderschöne w-formation werden).
wie schon einige zuvor geschrieben haben,war der bb-hype damals das schlimmste was einer aktie zustossen kann.cex stand in den startlöchern,aber noch nicht bereit cash zu generieren.nun schauts anders aus und das alte sprichwort:gut ding....könnte passen.
mhhhh....es lockt wirklich ein einstieg,aber mein derzeitiges minus bei lynas(grad erst produzent geworden)und noch die alten schmerzen lassen mich etwas abschrecken...noch.
die 0.18 cad sollten halten-abnehmende umsätze vom letzten hoch lassen drauf schliessen,das es nun die tage weiter nach oben gehen kann.
auch der gaspreis passt dazu im chart.
werde nun täglich das murmeltier beobachten...

[inthiscase]

Antwort auf Beitrag Nr.: 43.882.226 von schuppe07 am 01.12.12 02:19:11

hast Du doch, nach langer Zeit, nochmal einen unvoreingenommeren Blick auf
CEX gewagt... Respekt dafür. Ob ein Einstieg lohnt muss natürlich jeder selbst entscheiden. Eine langfristig steigende Tendenz hat die Aktie bislang leider immer noch nicht zeigen können.



Der Einstieg in die Montney Exploration hat sich bislang als sehr gut erwiesen. Hoffentlich geht das so weiter. Man kann gespannt sein wie sich die Produktionraten des wells entwickeln.

Sollte es dann mal auf und rund um Stoney Creek mit der Exploration weitergehen könnte sich, vor dem Hintergrund der Goldboro LNG Facility, zu der ja ebenfalls News vakant sind, noch einiges an Potential ergeben...

Es gab noch News von einem Montney Partner:

QUESTERRE ENERGY CORPORATION: LIQUIDS-RICH MONTNEY WELL ON PRODUCTION

Questerre Energy Corp. is updating the status of its three existing wells targeting liquids-rich natural gas in the Kakwa-Resthaven area of Alberta.

Michael Binnion, president and chief executive officer, commented: "We are pleased that our first Montney well is on production and that our second well will be tied in shortly. Production from this area means we will meet our target of 1,000 boe per day by year-end. We are also looking forward to the results from our operated well, which has the same potential for high-rate natural gas liquids."

Production from the first well commenced earlier this month through a third party processing plant. The operator has placed the well on production at rates of approximately four million cubic feet per day and an estimated 100 barrels per million cubic feet of condensate and natural gas liquids. Liquids and condensate recoveries will be based on available processing capacity at the plant. Questerre has a 37.5-per-cent working interest in this well before payout and a 25-per-cent working interest in this well after payout. Its net share of production is estimated at close to 400 barrels of oil equivalent per day.

The operator has also advised that installation of production facilities for the second well is under way. This well flowed 974 barrels per day of condensate and 4.97 million cubic feet per day of natural gas or 1,800 barrels of oil equivalent per day over the last 24 hours of a 96-hour production test. It is anticipated this well will be tied in into the third party processing plant in January, 2013, and on production thereafter. Questerre has a 25-per-cent working interest in this well.

[schuppe07]

Antwort auf Beitrag Nr.: 43.882.226 von schuppe07 am 01.12.12 02:19:11

kaum vor wenigen tagen gepostet und schon gehts unter steigenden umsätzen hoch...
ab 0.25/30 cad sollte das volumen dann ordentlich zunehmen um den weg gen norden zu ebnen.

...bin gespannt,aber dennoch sicher das es gelingt.

[schuppe07]

Antwort auf Beitrag Nr.: 43.899.582 von inthiscase am 06.12.12 19:07:37

na zumindest lässt der chart doch erkennen,das cex seit anfang 2012 in eine "w-formation"laufen MÖCHTE-.
ob dieses projekt gelingt wird uns die zukunft zeigen.
wünsche allen viel erfolg und das nachkaufen um 0.25/30 nicht vergessen!

[Hoschibaer]

December 13, 2012, (Calgary, Alberta) Contact Exploration Inc. (“Contact” or the “Company”) (TSX-V: CEX) announces that it is carrying out a non-brokered private placement (the "Private Placement") of common shares in the capital of the Company, to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares"). Contact expects to issue a minimum of 6,250,000 Flow-Through Shares in the Private Placement, at a price of $0.24 per share, for minimum aggregate gross proceeds of $1,500,000.
Contact expects to use the proceeds of the Private Placement to incur eligible Canadian Exploration Expenses to fund its ongoing capital programs prior to December 31, 2013. These qualifying Canadian Exploration Expense expenditures will be renounced to subscribers effective December 31, 2012.
The Flow-Through Shares to be issued pursuant to the Private Placement will be subject to a four-month hold period from the closing date.
The Private Placement is subject to approval from the TSX Venture Exchange.

[rumpelheisschenstilz]

Hallo Zusammen,

Auch wenn die Produktion aus 13-17 wieder eingeschränkt werden muß,nach Beseitigung des "Flaschenhalses" und dem Anschluß von
14-30 Anfang Januar dürfte die Zeit der verwässernden Kapitalmaßnahmen bald vorbei sein. Zumal eine dritte Bohrung bis Ende Februar 2013 abgeschlossen sein soll. Bei Erfolg wird dann weitere Liquidität zugeführt. Spannend finde ich die Zusammenarbeit mit Pieridae. Noch ist das die große Unbekannte, könnte aber viel Potential beeinhalten. Ich denke die exponentielle Entwicklung von cex steht noch bevor. Konsequenter weise habe ich meine Anteile nochmal aufgestockt.

Gruß RHS

Quelle: http://www.contactexp.com/Press_Release_files/PressReleaseDe…

[inthiscase]

Zitat von rumpelheisschenstilz: Hallo Zusammen,

Spannend finde ich die Zusammenarbeit mit Pieridae. Noch ist das die große Unbekannte, könnte aber viel Potential beeinhalten.

darauf bin ich auch sehr gespannt. Sollte laut der Ankündigung spätestens im Januar News dazu geben... Wäre schön wenn dem so wäre.

[Hoschibaer]

Na geht da was??

Insider Name

Ownership
Type

Securities

Nature of transaction

# or value acquired or disposed of

Price

Dec 24/12

Dec 21/12

Hadley, Scott

Direct Ownership

Common Shares

11 - Acquisition carried out privately

65,000

$0.240

Dec 24/12

Dec 21/12

Hadley, Mark Gregory

Direct Ownership

Common Shares

11 - Acquisition carried out privately

50,000

$0.240

Dec 24/12

Dec 21/12

Harding, Steven Craig

Direct Ownership

Common Shares

11 - Acquisition carried out privately

145,000

$0.240

Dec 24/12

Dec 21/12

Allford, Richard Bruce

Direct Ownership

Common Shares

11 - Acquisition carried out privately

200,000

$0.240

Dec 24/12

Dec 21/12

Thomson, Ian Robert

Direct Ownership

Common Shares

11 - Acquisition carried out privately

50,000

$0.240

Dec 21/12

Dec 21/12

Bowie, Ken

Direct Ownership

Common Shares

16 - Acquisition under a prospectus exemption

40,000

$0.240

Dec 21/12

Dec 21/12

Riddell, Clayton H.

Indirect Ownership

Common Shares

16 - Acquisition under a prospectus exemption

4,166,000

$0.240

[Bundesregierung]

Hi,
Nartürlich geht da was......warte mal ab 2013!

[Tomu]

Contact Exploration Announces Closing of Private Placement

CALGARY , Dec. 31, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (CEX.V) is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement") of common shares in the capital of the Company, to be issued on a "flow-through" basis pursuant to the Income Tax Act ( Canada ) ("Flow-Through Shares"). Contact issued an aggregate of 9,460,500 Flow-Through Shares in the Private Placement, at a price of $0.24 per Flow-Through Share for aggregate gross proceeds of $2,270,520 , inclusive of 187,467 Flow-Through Shares that were issued today (for gross proceeds of $44,992.08 ) in the final tranche of the Private Placement. The Company paid a cash finder's fee of $49,677.60 related to subscriptions for 2,957,000 of the Flow-Through Shares in the Private Placement.
Contact expects to use the proceeds of the Private Placement to incur eligible Canadian Exploration Expenses to fund its ongoing capital programs prior to December 31 , 2013. These qualifying Canadian Exploration Expense expenditures will be renounced to subscribers effective December 31, 2012 .
The Flow-Through Shares issued today are subject to a four-month hold period under applicable securities laws, which hold period expires on May 1, 2013 .
About Contact Exploration Inc.
Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com



Quelle: http://finance.yahoo.com/news/contact-exploration-announces-…

[Blacksidi]

Antwort auf Beitrag Nr.: 43.971.467 von Tomu am 01.01.13 10:12:35

Die heben aber eine Menge Kapital aus, mal sehen wofür die das alles brauchen. So langsam sollte doch auch mal der Cash Flow ausreichen, aus den ganzen Löchern im Boden, oder?

[inthiscase]

fetter Umsatz soeben und hoch auf 0,25 CAD

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.978.422 von inthiscase am 03.01.13 16:52:55

0,26 CAD

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.978.487 von Hoschibaer am 03.01.13 17:07:58

0,27 CAD

[Tomu]

na so könnte es weitergehen :-)

[schuppe07]

Antwort auf Beitrag Nr.: 43.882.226 von schuppe07 am 01.12.12 02:19:11

so,liebe leutz...,

es hat ein paar tage länger gedauert,als von mir erwartet,aber nun ist der ausbruch geglückt und für alle die immer noch nicht dabei sind,ist nun ein relativ sicherer zeitpunkt zum einstieg in diesen explorer gekommen.
sicher ist an der börse natürlich garnichts,aber da das letzte hoch nun mit ordentlich volumen geknackt wurde,scheint der jetzige einstieg sicherer als noch bei 0.20 cad.

wünsche allen viel erfolg...

[Hoschibaer]

Antwort auf Beitrag Nr.: 43.980.210 von schuppe07 am 04.01.13 04:18:08

Na dein Wort in Gottesohr Wenn aber keine weiteren Umsätze kommen wird der Kurs wiede abbröckeln!! Aber was macht das schon im März sieht die Sache dann schon ganz anders aus .

Lg.H.B

[Blacksidi]

Antwort auf Beitrag Nr.: 43.983.519 von Hoschibaer am 04.01.13 19:20:54

Wieso März? Was steht an?

[Tinapay_at_Mga_Laro]

Wenn ich mir die Dezember-Präsentation anschaue ist mir nicht bange.
Es wird weiter nach oben gehen - früher...oder eben später

[Tinapay_at_Mga_Laro]

Contact Exploration Announces Participation in New Acreage and Well; Provides Montney Operations Update




CALGARY, Alberta, Jan. 30, 2013 (GLOBE NEWSWIRE) -- Contact Exploration Inc. ("Contact" or the "Company") (TSX-V:CEX) is pleased to announce that it will be participating in a new non-operated Montney well, immediately adjacent to Contact's existing 25% working interest Kakwa acreage. The operator advises that drilling of this well is expected to commence in mid-February 2013. Contact is to pay 23.75% of the costs of drilling and casing this well to earn an average 23.75% working interest in the Montney Formation in 2.25 gross sections of lands contiguous to Contact's existing Kakwa acreage position, subject to a 5% non-convertible gross overriding royalty on the production from the well. Once earned, Contact will hold 27 gross (12.75 net) sections of Montney acreage at Kakwa.

The first Contact-operated horizontal Montney well (the "13-17 Well") has been on production since December 1, 2012. Various capacity bottlenecks associated with downstream processing restricted December 2012 production from this well. Upon introducing additional condensate handling equipment at the well site on January 4, 2013, the Company has maintained stable gross production averaging 3.8mmcf/d and 575bbl/d well head condensate. Contact has a 37.5% working interest in the 13-17 Well, before payout.

Contact's second operated Montney well (the "14-30 Well") has been successfully tied into downstream processing facilities. In January 2013, the 14-30 Well was flowed for only a brief period, due to the third party gas plant not having capacity for the extremely high levels of free flowing condensate (in excess of 200bbl/mmcf of natural gas) from the well. Contact's third operated Montney well (the "3-19 Well") is being drilled from the same surface location as the 14-30 Well, with drilling on schedule to be finished in mid-February 2013, with completion operations anticipated to be finished by mid-March 2013. Once completion operations on the 3-19 Well are finished, the Company will equip the 14-30 and 3-19 Wells in similar fashion to the 13-17 Well, such that condensate can be separated at location, allowing for flow of natural gas from these wells to the third party facility and for condensate to be trucked directly to the sales point. Contact has a 25% interest in both the 14-30 and 3-19 Wells.

About Contact Exploration Inc.

Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com.
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[Tomu]

Contact Exploration Announces Filing of Third Quarter Results and Increased Credit Facilities

Contact Exploration Inc. (TSX VENTURE:CEX) announces that it has filed its unaudited Condensed Interim Consolidated Financial Statements for the three and nine month periods ended December 31, 2012 and the related Management's Discussion and Analysis on www.sedar.com.
Increased Credit Facilities
Based on a recent production review, Contact's financial institution, Canadian Western Bank, has increased the Credit Facilities being offered to the Company to a $3 million credit facility and a non-revolving acquisition or development loan of $1.5 million effective March 1, 2013. This represents a $1 million increase on the main credit facility and $500,000 increase to the acquisition or development loan which the Company previously had in place. The remainder of the terms and conditions remain consistent with previous agreements and both facilities remain undrawn.
About Contact Exploration Inc.
Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com.



http://finance.yahoo.com/news/contact-exploration-announces-…

[Tinapay_at_Mga_Laro]

President’s Message

The quarter ending Dec 31, 2012 was a milestone quarter for Contact Exploration Inc (“Contact” or “the

Company”). The Company successfully completed and tied-in its second well in the Kakwa Montney

project, spud its third well at Kakwa and successfully initiated first production from the 13-17 discovery

well.

The Montney project at Kakwa is a liquids-rich natural gas play that has demonstrated condensate

volumes in excess of 150 bbls/mmcf within Contact’s wells. With such high initial condensate rates,

Contact has initiated the installation of additional well site infrastructure, to separate the condensate from

the gas stream, such that the large associated liquids volumes could be stripped off into tanks and

trucked to sales points. This leaner gas stream is better suited for pipeline transport and facilities

handling at the gas plant, efficiently providing a means to market both products. The same approach to

separate condensate at well site will be taken with each of the 14-30 and 3-19 wells as they are brought

on stream.

The third 3-19 Montney well reached total depth on February 9, 2013, being drilled to a measured depth

of 4,969 meters, including a horizontal leg that remained within the target interval for its entire 1,400

meter length. The 3-19 well has been equipped for a 15 stage water-based nitrogen foam frac, expected

to be completed in March. The 3-19 well was drilled on schedule and under budget.

As previously announced, Contact was able to successfully acquire an additional eight 100% working

interest sections at Kakwa, at Alberta Crown land sales, giving the Company 12.18 net sections

prospective for Montney development. Also, in Q3, the Company completed a new farm-in agreement,

also targeting prospective Montney acreage, contiguous with the initial Kakwa acreage. Pursuant to this

agreement Contact will participate in a single well, paying 23.75% to earn a 23.75% working interest in

2.25 additional sections. After such earnings, Contact will hold 27 gross, 12.75 net, sections in the Kakwa

Montney project. This new farm-in well is currently drilling, having been spud on February 13, 2013, with

plans to reach total depth prior to breakup, with completion expected in late Spring/early Summer.

In addition to these significant events, Contact announced on October 24, 2012 that it was aligning with

Pieridae Energy (“Pieridae”), a Canadian energy infrastructure development company that has

announced the development of a liquefied natural gas (“LNG”) export facility in Goldboro, Nova Scotia,

Canada. Pieridae approached Contact with interest not only in participating with us in developing our

natural gas assets in Atlantic Canada, but also seeking a technical team to exclusively manage the

operations of any investment made by the partners in the Goldboro LNG Facility with respect to the

exploration and development of on-shore natural gas for the facility.

A large portion of the Company’s efforts over the past several months has been dedicated to building and

structuring the Company’s relationship with Pieridae. We expect these agreements to be finalized in the

immediate term, and once complete, Contact will be the exclusive manager of the upstream operations of

any investment made by the partners in the Goldboro LNG facility. As part of the management services,

the Company will actively investigate and selectively secure additional natural gas assets to serve as

feedstock for Pieridae’s Goldboro terminal.

2

Contact’s ever-expanding portfolio is now advancing rapidly in two diverse core areas. We have an

expanding shareholder base and have become a Company others are taking note of within more diverse

investment circles. Contact remains focused on increasing shareholder value and is now well positioned

to accomplish significant growth.

Steve Harding

President / CEO

February 25, 2013
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?s=CE…

[Tinapay_at_Mga_Laro]

Antwort auf Beitrag Nr.: 44.201.129 von Tomu am 01.03.13 08:19:24

President’s Message

The quarter ending Dec 31, 2012 was a milestone quarter for Contact Exploration Inc (“Contact” or “the

Company”). The Company successfully completed and tied-in its second well in the Kakwa Montney

project, spud its third well at Kakwa and successfully initiated first production from the 13-17 discovery

well.

The Montney project at Kakwa is a liquids-rich natural gas play that has demonstrated condensate

volumes in excess of 150 bbls/mmcf within Contact’s wells. With such high initial condensate rates,

Contact has initiated the installation of additional well site infrastructure, to separate the condensate from

the gas stream, such that the large associated liquids volumes could be stripped off into tanks and

trucked to sales points. This leaner gas stream is better suited for pipeline transport and facilities

handling at the gas plant, efficiently providing a means to market both products. The same approach to

separate condensate at well site will be taken with each of the 14-30 and 3-19 wells as they are brought

on stream.

The third 3-19 Montney well reached total depth on February 9, 2013, being drilled to a measured depth

of 4,969 meters, including a horizontal leg that remained within the target interval for its entire 1,400

meter length. The 3-19 well has been equipped for a 15 stage water-based nitrogen foam frac, expected

to be completed in March. The 3-19 well was drilled on schedule and under budget.

As previously announced, Contact was able to successfully acquire an additional eight 100% working

interest sections at Kakwa, at Alberta Crown land sales, giving the Company 12.18 net sections

prospective for Montney development. Also, in Q3, the Company completed a new farm-in agreement,

also targeting prospective Montney acreage, contiguous with the initial Kakwa acreage. Pursuant to this

agreement Contact will participate in a single well, paying 23.75% to earn a 23.75% working interest in

2.25 additional sections. After such earnings, Contact will hold 27 gross, 12.75 net, sections in the Kakwa

Montney project. This new farm-in well is currently drilling, having been spud on February 13, 2013, with

plans to reach total depth prior to breakup, with completion expected in late Spring/early Summer.

In addition to these significant events, Contact announced on October 24, 2012 that it was aligning with

Pieridae Energy (“Pieridae”), a Canadian energy infrastructure development company that has

announced the development of a liquefied natural gas (“LNG”) export facility in Goldboro, Nova Scotia,

Canada. Pieridae approached Contact with interest not only in participating with us in developing our

natural gas assets in Atlantic Canada, but also seeking a technical team to exclusively manage the

operations of any investment made by the partners in the Goldboro LNG Facility with respect to the

exploration and development of on-shore natural gas for the facility.

A large portion of the Company’s efforts over the past several months has been dedicated to building and

structuring the Company’s relationship with Pieridae. We expect these agreements to be finalized in the

immediate term, and once complete, Contact will be the exclusive manager of the upstream operations of

any investment made by the partners in the Goldboro LNG facility. As part of the management services,

the Company will actively investigate and selectively secure additional natural gas assets to serve as

feedstock for Pieridae’s Goldboro terminal.

2

Contact’s ever-expanding portfolio is now advancing rapidly in two diverse core areas. We have an

expanding shareholder base and have become a Company others are taking note of within more diverse

investment circles. Contact remains focused on increasing shareholder value and is now well positioned

to accomplish significant growth.

Steve Harding

President / CEO

February 25, 2013

[Blacksidi]

Contact Exploration and Pieridae Energy Announce Partnership to Focus on Natural Gas Production for LNG Export
Contact Exploration and Pieridae Energy Announce Partnership to Focus on Natural Gas Production for LNG Export

CALGARY, ALBERTA--(Marketwire - March 4, 2013) - Contact Exploration Inc. ("Contact") (TSX VENTURE:CEX) and Pieridae Energy Limited ("Pieridae") are pleased to announce the creation of a new natural gas-focused exploration and production entity - Pieridae Production Limited Partnership ("PPLP" or the "Partnership").

PPLP has been formed by Pieridae and Contact to source, develop and produce natural gas to serve as significant portion of the feedstock for Pieridae's proposed Goldboro LNG Terminal in Guysborough, Nova Scotia. The proposed terminal is anticipated to receive, liquefy and export up to about ten million metric tons of natural gas per year and have on-site storage capacity of 690,000 cubic metres of liquefied natural gas ("LNG"). Upon completion of the terminal, North American natural gas supplies are to be transported to Goldboro, Nova Scotia, using existing pipelines and exported by ship to international markets. The Partnership will focus on securing and developing natural gas assets onshore Atlantic Canada and the eastern United States for the Goldboro terminal and, upon completion, the Partnership's production and reserves are to be dedicated to the facility.

The initial assets acquired by PPLP (the "Assets") consist of approximately 50,000 acres of lands prospective for natural gas development within New Brunswick, initially held by Contact. As consideration for the indirect contribution of a 15% working interest in the Assets into the Partnership, Contact has received an initial cash payment of $1.3MM from Pieridae and has been issued common shares of Pieridae equal to 15% of Pieridae's currently issued and outstanding shares.

The quantity of shale gas resource contained on PLPP's lands within the Frederick Brook Member of the Albert Formation was the subject of an independent study (the "GLJ Study") effective December 31, 2010, conducted for Contact by GLJ Petroleum Consultants Ltd. of Calgary, Alberta in accordance with the Canadian Oil and Gas Evaluation Handbook and National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. The GLJ Study states that, as at the effective date thereof, the best estimate of prospective resources on the Partnership's lands is 2.138 TCF based on a 20% recovery factor of the undiscovered petroleum-initially-in-place of 10.897 TCF gross and 10.690 TCF Partnership working interest (98.1%). The GLJ Study concludes that recovery factors should range between 10 and 30 percent for such resources, with a P50 case of 20 percent. The GLJ Study further concluded that the low estimate of prospective resources on the Partnership's lands is 750 BCF and that the high estimate of prospective resources on the Partnership's lands is 4.492 TCF, based on a 20% recovery factor. See Contact's press release dated January 25, 2011 for more information respecting the Assets and the results of the GLJ Study. The Hiram Brook Member within PLPP's lands has also tested natural gas and is believed to be highly prospective, however an independent resource study has yet to be completed on this formation. There is no certainty that any portion of the resources associated with the Assets will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources.

Initial ownership of PLPP will be 85% Contact and 15% Pieridae. An additional $15.4 million of third-party equity funding for the Partnership is currently being sought and coordinated by Pieridae, which once invested, will reduce Contact's ownership in the Partnership to 50%. Contact has created a wholly-owned subsidiary to manage PPLP ("Contact Opco"). Contact Opco is to provide management and administrative services to the Partnership on a long-term contractual basis and will be compensated for such services through a combination of fixed monthly fees and incremental fees based on capital expenditures, production and completion of acquisitions and dispositions by the Partnership. Pending the completion of the initial funding of $15.4 million into the Partnership, which is expected to be completed no later than July 2014, the fees payable to Contact Opco for its management services will be funded by Pieridae through capital contributions into the Partnership.

Steve Harding, President and CEO of Contact Exploration commented, "This is an exciting new platform for Contact to expand and diversify its opportunity portfolio. We are ideally positioned to source and develop long-term sustainable feedstock for the proposed Goldboro LNG Terminal by leveraging our long-standing history in Atlantic Canada and our tight gas expertise from Western Canada. By combining efforts with Pieridae and their extensive knowledge of North American gas transmission systems and global LNG markets, we believe that the Partnership will be a valuable entity integral to advancing the success of the Goldboro LNG Terminal."

Alfred Sorensen, President and CEO of Pieridae, said, "Goldboro LNG creates an opportunity for further exploration and production of natural gas resources in Atlantic Canada and northeastern United States. We are pleased to form a partnership with Contact to advance natural gas resource development in the region and secure a North American supply for export to global markets."

About Contact Exploration Inc.

Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com.

About Pieridae Energy Limited

Pieridae Energy Limited is a Canadian energy infrastructure development company focused on liquefied natural gas opportunities. The company's management team has extensive LNG experience and deep connections to the LNG industry world-wide.

ADVISORY ON FORWARD-LOOKING STATEMENTS: This press release contains certain forward-looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "continue", "estimate", "may", "will", "should", "believe", "plans", "cautions" and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the forgoing, this press release contains statements concerning the business purpose and business plan of the Partnership, the timing of completion of the Goldboro LNG facility, the throughput and capacity of the Goldboro LNG facility once completed, the timing of completing additional funding into the Partnership and the nature and timing of the fees payable by the Partnership to Contact Opco. Forward-looking statements or information are based on a number of material factors, expectations or assumptions of Contact which have been used to develop such statements and information but which may prove to be incorrect. Although Contact believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Contact can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. In particular, in addition to other factors and assumptions which may be identified herein, no assurances can be given respecting: whether

Further, e vents or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including, without limitation: changes in commodity prices; changes in the demand for or supply of the Company's products; unanticipated operating results or production declines; changes in tax or environmental laws, royalty rates or other regulatory matters; changes in development plans of Contact or by third party operators of Contact's properties, increased debt levels or debt service requirements; inaccurate estimation of Contact's oil and gas reserve and resource volumes; limited, unfavourable or a lack of access to capital markets; increased costs; a lack of adequate insurance coverage; the impact of competitors; and certain other risks detailed from time-to-time in Contact's public disclosure documents. Additional information regarding some of these risk factors may be found under "Risk Factors" in the Company's Management Discussion and Analysis prepared for the year ended March 31, 2012. The reader is cautioned not to place undue reliance on this forward-looking information. The forward-looking statements contained in this press release are made as of the date hereof and Contact undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

[Blacksidi]

Wow, Contact baut auf und plant für die Zukunft, Cash gab es jetzt schon und die Assets steigen. Ist ein klarer Kauf, meiner Ansicht nach.

[silvretta]

Antwort auf Beitrag Nr.: 44.215.269 von Blacksidi am 05.03.13 11:55:26

Und das wieviel Jahre schon nach dem unheimlichen High am Anfang und

dann kam der große jahrelange Plumbs !

Ein Glück daß sie nicht ganz weg gespült wurde ,dafür liegt CONTACT mit

tiefroten Zahlen in vielen Depots !

[schobbesaufer]

!

Dieser Beitrag wurde von MadMod moderiert.

[Blacksidi]

CALGARY, March 21, 2013 (GLOBE NEWSWIRE) -- Contact Exploration Inc. ("Contact" or the "Company") (CEX.V) is pleased to announce that the third Contact-operated horizontal Montney well (the "3-19 Well") has been successfully completed and tested. The well was flow-tested for 161 hours. During the final 24 hours of flow-back the well averaged gross production rates of 1,798 boe/d consisting of 826 bbl/d condensate and 5,833 mscf/d gas (207 bbl/d and 1,458 mscf/d, or 450 boe/d combined, net to Contact) against anticipated gathering system pressure of approximately 5,000 kPa. The successful drilling and completion of the 3-19 Well continues to demonstrate that Contact's Kakwa lands are in the heart of the liquids-rich Montney trend, validating the repeatability of this prolific play. The Company has engaged an independent reserve evaluator to provide an assessment of the reserves and resources on Company lands as at Contact's fiscal year end of March 31, 2013. This assessment is anticipated to be complete by May 2013 and will be Contact's first reserve evaluation to include its Kakwa interests. Equipping and facilities work will begin immediately to add additional liquids handling equipment on site that will accommodate both the 3-19 Well and the Contact operated well at 14-30 which well was drilled from the same surface location. It is currently anticipated that production from both wells will commence in mid-April 2013. The Company is currently permitting multiple new wells at Kakwa and anticipates the drilling of the next well to commence after spring break-up. The Company advises that although the initial rates from the 3-19 Well are very encouraging, production test results are not necessarily indicative of long-term performance or of ultimate recovery from the 3-19 Well.
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?s=CE…

[Hoschibaer]

CALGARY, ALBERTA--(Marketwired - Apr 16, 2013) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) announces that due to increased professional commitments, Mr. Scott Hadley has resigned from the Board of Directors. Mr. Hadley has been a director of Contact since May 2010. The Company would like to thank Mr. Hadley for his contributions to Contact and wishes him well in his future endeavors.

[rumpelheisschenstilz]

Hallo Zusammen,
auf der HP ist eine neue Presentation eingestellt. Schöne
Zusammenfassung!
Gruß RHS

[oderfnam]

Antwort auf Beitrag Nr.: 44.503.703 von rumpelheisschenstilz am 24.04.13 14:44:01

irgendwas ist im Busch - jedenfalls steigt der Kurs in Kanada (akt. 0,225 CAD)
http://web.tmxmoney.com/quote.php?qm_symbol=CEX

[inthiscase]

Contact Exploration Announces Long-term Customer Signed by Pieridae Energy for Goldboro LNG Project

CALGARY, ALBERTA--(Marketwired - June 3, 2013) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that Pieridae Energy (Canada) Ltd. ("Pieridae") has entered into a long-term sales agreement with E.ON Global Commodities SE ("E.ON"), a subsidiary of E.ON SE, and one of the world's largest investor-owned power and gas companies, for the purchase of liquefied natural gas ("LNG") from the Goldboro LNG project being developed by Pieridae in Nova Scotia, Canada. Under the agreement, Pieridae is to deliver approximately 5 million tons per annum ("MTPA") of LNG to E.ON for 20 years into a number of locations in Western Europe.

As described in Contact's press release of March 4, 2013, Contact and Pieridae are the partners in Pieridae Production Limited Partnership, a natural gas-focused exploration and production entity formed to source, develop and produce natural gas to serve as significant portion of the feedstock for the Goldboro LNG project.

The sales agreement was signed by Alfred Sorensen, President and CEO of Pieridae and Gareth Griffiths, Chief Commercial Officer, Merchant Trading of E.ON, at a signing ceremony at the Canadian Embassy in Berlin.

Alfred Sorensen, President and CEO of Pieridae remarked that the sales agreement represents one of the major milestones for Goldboro LNG, noting that the agreement with E.ON provides the economic security needed to complete the development of the first process train of the Goldboro LNG terminal. Pieridae noted that the LNG pricing in the sales agreement is based on market prices of natural gas in the Western European market.

In collaboration with Contact, Pieridae is having advanced discussions with North American natural gas exploration and production and pipeline companies, for the purpose of providing natural gas feedstock and transportation services for the Goldboro facility.

Upon completion, the Goldboro LNG terminal will have the ability to export up to 10 MTPA of natural gas, year round, with on-site storage capacity of 690,000 cubic metres of LNG. Upon commencement of commercial operations, expected by the first quarter of 2020, natural gas will be transported to Goldboro, Nova Scotia, primarily using existing pipeline systems and exported by ship to international markets.

"This milestone represents an enormous opportunity for Contact, in our role as the operator of the upstream partnership responsible for securing onshore natural gas reserves and production that will supply the Goldboro facility," remarked Steve Harding, President and CEO of Contact.

Pieridae is currently conducting the environmental assessment ("EA") for the Goldboro LNG project. Pieridae expects to submit the EA report to the Province of Nova Scotia in 2013, with approval of the EA being the next major milestone towards the final investment decision for the project, expected in 2015.

[inthiscase]

Antwort auf Beitrag Nr.: 44.776.215 von inthiscase am 03.06.13 18:03:40

E.On Milliardendeal mit Kanada
Autor: 4investors
| 03.06.2013, 18:15 | 23 Aufrufe | 0 | Der Energieversorger E.On wird ab dem Jahr 2020 aus Kanada Erdgas im Volumen von mehreren Milliarden Euro beziehen. Einen entsprechenden Liefervertrag hat die Gesellschaft mit dem kanadischen Unternehmen Pieridae Energy abgeschlossen. Von den Nordamerikanern wird der DAX-notierte Konzern jährlich rund 6,5 Milliarden Kubikmeter verflüssigtes Gas beziehen, was etwa 7 Prozent des deutschen Gasbedarfs entspricht. Bislang kauft E.On neben der eigenen Gasförderung unter anderem seit vielen Jahren Gas des russischen Gazprom-Konzerns zu.

[Blacksidi]

Contact Reserves Increase by 320% in Fiscal 2013
http://at.marketwire.com/accesstracking/AccessTrackingLogSer…
CALGARY, ALBERTA -- (Marketwired) -- 07/02/13 -- Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to report that independent reserves evaluations effective March 31, 2013 have been completed by the Company's reserves evaluators in accordance with the COGE Handbook. GLJ Petroleum Consultants Ltd. ("GLJ") evaluated the Company's Stoney Creek and Hopewell properties in New Brunswick, while McDaniel and Associates Consultants Ltd. ("McDaniel") evaluated the Company's core area at Kakwa, Alberta.

During fiscal 2013, the Company more than tripled the reserves in its portfolio. The Montney discovery at Kakwa, Alberta, as announced on May 3, 2012, was successfully expanded and delineated with the drilling of the 14-30 and 3-19 wells, resulting in a reserves booking on 6 gross sections, which represents approximately one third of the Company's East Kakwa 19 section block. Reserves assigned to these 6 sections are currently restricted to the Middle Montney interval. Reserves have not yet been assigned in any of the other potential Montney intervals. Contact holds a 25% working interest at East Kakwa.

The West Kakwa assets, which consist of 11 sections (100% working interest held by Contact) located approximately 6 miles to the west of East Kakwa, were not part of the independent evaluation.

Highlights include (all numbers are reported as "net" to the Company and before tax and in many cases referenced against bookings from Contact's previous fiscal year):


-- Total Company reserves (net proved and probable) increased by 320% from
1,935 mboe to 6,235 mboe (54% oil and natural gas liquids).

-- Total Company net present value (net proved and probable reserves
discounted at 10%) increased by 220% from $46.8MM to $103.0MM. The Kakwa
reserves account for $64.2MM of the Company's total net present value.

-- Net proved reserves increased in 2013 by 390% from reserve volumes
reported in 2012, from 395 mboe to 1,552 mboe. (58% oil and natural gas
liquids).

-- Net present value of net proved reserves (discounted at 10%) increased
by 237%, from $11.8MM in 2012 to $28.0MM in 2013.

-- Stoney Creek and Hopewell, New Brunswick field evaluations remained
consistent from 2012, with total proved and probable reserves decreasing
less than 1% (1,935 mboe to 1,921 mboe), with a net present value in
2013 of $38.9MM discounted at 10%.

-- Kakwa proved plus probable reserves were assigned 135 bbl/mmcf free
condensate, with an additional 12 bbl/mmcf of natural gas liquids
recoveries at processing facilities.

-- Kakwa proved plus probable reserves were assigned 4,315 mboe consisting
of 2,507 mboe natural gas and 1,808 mboe liquids.

Additional Lands Secured

In addition to Contact's West Kakwa acreage, the Company is pleased to announce that is has acquired an additional 31 sections of 100% acreage within the Deep Basin Montney trend. These additional lands have varied rights, some including all rights from surface to basement; however, Contact's Alberta focus continues to remain on the Montney. The Company expects to release further details on these lands as additional technical evaluations are completed. Contact expects to maintain its 2013 drilling focus on East Kakwa. With the recent land acquisitions, Contact now holds 46.7 net (61 gross) sections of Montney-focused acreage within Alberta's Deep Basin.

Drilling and Completions Update

As previously reported on January 29, 2013, Contact participated in a non-operated Montney well, immediately adjacent to Contact's existing 25% working interest East Kakwa acreage. The well was successfully drilled before spring breakup and the well operator now advises that the well is expected to be completed and tested in mid-July 2013, as ground conditions have improved and will now support the required equipment. This well will evaluate the Upper Montney. Contact is responsible to pay for 23.75% of well costs to earn a 23.75% working interest in the spacing unit of the well, and a total of 2.25 gross sections, subject to a 5% non-convertible gross overriding royalty.

The next Contact-operated Kakwa well to be drilled in the East Kakwa block is scheduled to be spud within the first two weeks of July 2013. Contact will hold a 25% working interest in this well.

Production Update

The Company's first 3 operated wells in East Kakwa have continued to produce at high rates and liquids yields. The 13-17 well has been on production since December 2012, and has produced condensate yields steadily at 135 bbl/mmcf, with the well continuing to perform at 1 mmcf/d. Contact's second well, 14-30, has flowed between 2 and 4 mmcf/d in the first two months of production, with condensate yields averaging 180 bbl/mmcf. In accordance with standard operating practices, the 14-30 well has recently been shut in to record build pressures. Since shutting in the 14-30 well, the 3-19 well has been brought online at approximately 3.5 mmcf/d with a condensate yield of 166 bbl/mmcf. Contact holds a 37.5% working interest (before payout) in the 13-17 well and a 25% working interest in both the 14-30 well and 3-19 well.

The Company is also pleased to announce that its proposed 15 MM/d compressor station and condensate stabilization has received approval. The facility will be centrally located and will serve to lower gathering pipeline and wellhead flowing pressures on the East Kakwa lands. Equipment ordering has commenced with start-up still anticipated prior to the end of 2013.

About Contact Exploration Inc.

Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com.


Read more at http://www.stockhouse.com/news/press-releases/2013/07/02/con…

[Blacksidi]

Also Contact ist in meinem Depot eine absolute stabile Größe mit glänzenden Aussichten. Hier kann man meiner Meinung nach nichts falsch machen bei diesen Preisen.

[Blacksidi]

Bei einem Ressourcen update von +320% sollte der Aktienkurs wenigstens um 100% anziehen, über kurz oder lang.

[Tinapay_at_Mga_Laro]

Über kurz oder lang kann es eigentlich nur weiter nach oben gehen, ob das Potential kurzfristig für eine Verdopplung reicht wird sich zeigen.
Bin mal gespannt was die Bohrungen in 2013 bringen - auch kursmäßig

[Blacksidi]

[Tinapay_at_Mga_Laro]

Mit 0,275 CAD geschlossen, das ist wieder nahe am 52 Wochen-Höchststand (0,28 CAD), umgerechnet 0,20€.

[oderfnam]

Antwort auf Beitrag Nr.: 45.084.759 von Tinapay_at_Mga_Laro am 20.07.13 20:02:07

GB ist da; dazu neue Präsentation

[inthiscase]

Contact Announces Year End Filings

CALGARY, ALBERTA--(Marketwired - July 22, 2013) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that it has today filed its audited consolidated condensed financial statements for the year ended March 31, 2013 and the related management's discussion and analysis ("MD&A") on the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") website at www.sedar.com.

Read more at http://www.stockhouse.com/news/press-releases/2013/07/22/con…

[inthiscase]

CALGARY, CANADA (TSX-V:CEX)
NEWS RELEASE

Contact Exploration Provides Upper Montney Operations Update

July 24, 2013 (Calgary, Alberta) Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that its 23.75% non-operated 14-2-63-6 W6M Kakwa Montney well (the "14-2 Well") has been successfully completed within the upper interval of the Montney Formation. This interval had not previously been tested by Contact; however, other operators have demonstrated repeated success in this interval within the Kakwa/Resthaven trend. The 14-2 Well has been flow-tested by the operator for a total of 191 hours, including the final 98 hours with tubing in hole. During the first 24 hours with tubing in hole, the 14-2 Well averaged gross production rates consisting of 444 bbl/d condensate and 3,710 mcf/d natural gas (105 bbl/d condensate and 882 mcf/d natural gas net) against a flowing pressure above 4,500 kPa. During the final 74 hours with tubing in hole, the operator varied flowing pressures between 800 kPa and up to 6,800 kPa to test the 14-2 Well under various flowing conditions resulting in total average production during the final 98 hours of 327 bbl/d condensate and 2,800 mcf/d natural gas (77 bbl/d condensate and 670 mcf/d natural gas, net to Contact). In the final hour of testing, water cut from the 14-2 Well was 75%, with an average of 80% water being cut over the 98 hour testing interval. Approximately 2,300 m3 of frac water was used, with a total recovery of 1,900 m3 to date, which includes both frac flow back and natural formation water.
The results of the 14-2 Well confirm high condensate yields and strong reservoir performance within this Montney zone.
The operator is continuing to gather data from the 14-2 Well and has landed bottom hole pressure recorders. Additional operational activity, including further reservoir testing, is being considered by the operator to help define the source of elevated water production. Options for pipeline tie-in have been addressed by the operator with completion expected before year end.
The Company advises that production test results are not necessarily indicative of the long term performance or of the ultimate recovery from the 14-2 Well.

[inthiscase]

Contact Announces Private Placement

July 25, 2013, (Calgary, Alberta) – Contact Exploration Inc. ("Contact" or the "Company") (TSX-V:CEX) is pleased to announce its intention to complete a brokered private placement of up to 12,500,000 common shares (the "Shares") of the Company, at a price of $0.26 per Share, and up to 5,833,334 Shares to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) (the "Flow-Through Shares"), at a price of $0.30 per Flow-Through Share, for aggregate gross proceeds of up to $5,000,000 (the "Private Placement").
The Private Placement is to be conducted on a commercially reasonable "best efforts” agency basis through a syndicate of agents led by Integral Wealth Securities Limited (collectively, the "Agents"). As part of the Private Placement, the Company has agreed to grant the Agents an option, exercisable at any time up to 24 hours prior to the closing of the Private Placement, to offer for sale up to an additional 1,875,000 Shares, at a price of $0.26 per additional Share, and up to an additional 875,000 Flow-Through Shares, at a price of $0.30 per additional Flow-Through Share, for additional aggregate gross proceeds of $750,000, if fully exercised. The Private Placement is expected to close on or about August 8, 2013.
Proceeds from the Private Placement will be used to fund the Company's drilling and operational activity in the East Kakwa Montney Project area in the Deep Basin in Alberta and for general corporate purposes. In particular, Contact will incur eligible Canadian Exploration Expenses (within the meaning of the Income Tax Act (Canada)), in an amount equal to the aggregate subscription price for the Flow-Through Shares, by December 31, 2014, and renounce such expenses to purchasers of Flow-Through Shares effective December 31, 2013.
All securities issued pursuant to the Private Placement will be subject to a four-month hold period from the closing date. The Private Placement is subject to approval of the TSX Venture Exchange.
The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended or any U.S. state securities laws and may not be offered or sold in the United States or to United States persons absent registration or any applicable exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

[oderfnam]

Antwort auf Beitrag Nr.: 45.123.591 von inthiscase am 26.07.13 19:41:14

es gibt eine neue Präsentation und Finanz-Zahlen bei Sedar; wenn ich das richtig verstandne habe gibt es erstmalig ein Plus - man braucht aber noch einige an Inves-Kapital um zügig weiterarbeiten zu können.
Vtl. waren die Erwartungen höher, weil der Kurs etwas nachgegeben hat

[oderfnam]

Antwort auf Beitrag Nr.: 45.335.351 von oderfnam am 27.08.13 17:04:38

Es gibt eine Präsentation zur HV (AGM) vom 26. Sept. auf der Seite. Danach sieht 14-2 gut aus (liquids-rich gas), soll ende Sept. produzieren; 5-23 soll im Oktober fertig werden.
Spätestens Mitte 2014 sollen die Bohrungen vom produzierten Material finanziert werden.
Das Flüssiggas-Projekt Pieridae (mit EON ?) geht vorwärts; wenn die Erlaubnis da ist soll u.a. Neu-Brauschweig (Stony Creek u.a. ) dafür produzieren.
Sieht gut aus - hoffentlich machen die mit dem fracking nix kaputt

[rumpelheisschenstilz]

Hallo zusammen,

Der Gasmarkt in Nordamerika scheint ein hartes Geschäft zu werden.
Hoffentlich hat dies keine allzu großen Einflüsse auf die zu erwarteten Margen von Contact!

Folgender Artikel ist auf stockhouse zu lesen:

The following is an excerpt from Canaccord Genuity’s Morning Coffee newsletter.

The Wall Street Journal (A Shale Storm Hits Canadian Gas) published a fairly negative (dire, bleak, dark, brutal) article on Canadian natural gas producers – America simply doesn’t need Canadian gas.

The WSJ, highlighting Tudor, Pickering, Holt & Co. forecasts, wrote, “y 2020, the Marcellus shale will be produce 20 billion cubic feet per day – equivalent to about 30% of the entire country’s gas output last year.

With normal weather, TPH estimates the Marcellus can meet the Northeast’s gas demand for one-third of the year. By 2016, that will rise to 70%; by 2020, more than 90%.

And that doesn’t count gas coming from the Utica shale.

“Is exporting LNG to the Far East the only future for Canadian natural gas?

Peter Tertzakian, Chief Energy Economist at ARC Financial recently published a great piece on Canadian LNG (An LNG Deal, British Collieries, and British Columbia) and “the race to liberate western Canada natural gas from its price misery.”

In one paragraph, Tertzakian summed up Canada’s current LNG situation.

“The Canadian natural gas producer wants a higher price that’s at least $4 otherwise he’ll go out of business. The pipe guys need hefty tolls to justify building expensive lines to the coast. The facility operator who liquefies the gas needs a cut in pay for his multi-billion dollar outlay.

Ocean-borne tankers refrigerated to -162 degrees Celsius do not come cheaply. And nor do the pots and pans on the receiving dock that boil the liquid back into a gas.

Of course, at the end of the line, the Asian buyer wants in on the deal with a final price lower than the going rate of $16 per thousand.”

What the Province of British Columbia will levy as an export tax is yet to be determined.

But Tertzakian warns, “Asian customers are not beholden to Canadian LNG, for they have plenty of choice elsewhere. Competition is cutthroat because there is little product differentiation. LNG is LNG, whether it’s exported from Mazambique, Australia, the Middle East and soon the United States too.

If there is any room for an export tax here, the B.C. government and its corporate suitors must find a delicate balance of not pricing Canadian natural gas out of a highly competitive global market.”

Gruß Rhs

[oderfnam]

Antwort auf Beitrag Nr.: 45.637.093 von rumpelheisschenstilz am 16.10.13 12:49:08

@RHS: danke - LNG soll ja von Pieridae nach Deutschland verschifft werden - ja, der Gaspreis sinkt vielleich noch ne Weile, wenn in Amerika weiter so gefrackt wird.
Contact hat heute einen Bericht über 3 Bohrungen gebracht, s.u.
---
CALGARY, ALBERTA--(Marketwired - Oct. 16, 2013) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that the fourth Contact-operated horizontal Montney well at 5-23-63-6 W6 (the "5-23 Well") (Contact 25% working interest) has been successfully completed and tested. The well was flow-tested for approximately 170 hours. During the final 24 hours of flow-back the well produced against anticipated gathering system pressure of approximately 2,000 kPa and averaged gross production rates of 1,433 boe/d consisting of 815 bbl/d condensate and 3,704 mscf/d natural gas (204 bbl/d and 920 mscf/d, or 358 boe/d combined, net to Contact).

The 5-23 Well continues to demonstrate a high ratio of condensate to natural gas production from the Kakwa Montney play, flowing at an average 195 bbls of condensate/mmscf during the entire test. The total drill depth of the 5-23 Well was approximately 70 to 100 meters vertically deeper and two miles further west than any other Contact-operated Kakwa well. The confirmation of liquids-rich gas prospectivity in the Middle Montney further to the west on Contact's East Kakwa lands extends the scope and magnitude of the Company's East Kakwa project.

The Company advises that although the initial rates from the 5-23 Well are very encouraging, production test results are not necessarily indicative of long-term performance or of ultimate recovery from the 5-23 Well. Going forward, Contact plans to release 30 day initial production rates from additional wells drilled at Kakwa, the results of which are expected to be more reflective of longer term performance.

Facilities and pipeline work will begin immediately to provide for tie-in of production from the 5-23 Well into Company-operated infrastructure, including the 16-7-63-5 W6M compressor station and condensate stabilization facility ("16-7 Facility"). Construction of the 16-7 Facility continues on schedule for facility start-up in December 2013.

Contact continues to make improvements to the design of its operated wells at Kakwa. The Company's fifth operated Kakwa well at 16-25-63-5 W6M ("16-25 Well") was spud on September 10, 2013 and reached a total depth of 4,680 meters after 33.5 days of drilling, representing a 25% reduction in drilling time from other Contact-operated Kakwa wells. Production casing is now being run in the 16-25 Well, with rig release expected in the very near term. Contact expects to begin completion operations on 16-25 Well in November 2013.

Contact has entered into a one year contract with a drilling contractor, securing a drilling rig for use in Kakwa. The Company intends to utilize this rig to spud its next 25% working interest Montney well to drill from a surface location at 16-8-63-5 W6M with a bottom hole location at 16-17-63-5 W6M in November 2013.

About Contact Exploration Inc.

Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com.

ADVISORY ON USE OF "BOEs": "BOEs" may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given that the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value.

[inthiscase]

Gestern und heute wurden einige größere Blöcke gehandelt.
Bin gespannt ob es ausreichen wird um bald ein neues Jahreshoch zu markieren...

[inthiscase]

Contact Exploration Announces Closing of Private Placement

CALGARY, ALBERTA--(Marketwired - Dec. 31, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement") of common shares in the capital of the Company, to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares"). Contact issued an aggregate of 5,555,556 Flow-Through Shares in the Private Placement, at a price of $0.36 per Flow-Through Share for aggregate gross proceeds of $2,000,000.16.

Contact expects to use the proceeds of the Private Placement to incur eligible Canadian Exploration Expenses to fund its ongoing capital programs prior to December 31, 2014. These qualifying Canadian Exploration Expense expenditures will be renounced to subscribers effective December 31, 2013.

The Flow-Through Shares issued today are subject to a four-month hold period under applicable securities laws, which hold period expires on May 1, 2014.

About Contact Exploration Inc.

Read more at http://www.stockhouse.com/news/press-releases/2013/12/31/con…

[wdan]

tut sich jetzt mal wieder was? scheint ja doch kein totes Pferd zu sein

[Tinapay_at_Mga_Laro]

Ein frohes neues Jahr!


Nein, Contact ist kein totes Pferd. Die Weichen sind gestellt, mal schauen wie die kommenden Wochen kursmäßig verlaufen. Das letzte Private Placement wurde zu 0,36$ vergeben, dies sollte ein erster Indikator sein

[wdan]

Wie Phönix aus der Asche

[punta]

Zitat von Tinapay_at_Mga_Laro: Ein frohes neues Jahr!


Nein, Contact ist kein totes Pferd. Die Weichen sind gestellt, mal schauen wie die kommenden Wochen kursmäßig verlaufen. Das letzte Private Placement wurde zu 0,36$ vergeben, dies sollte ein erster Indikator sein

----------------------------------------------------------------------------
ja so sollte es bei contact ruhig weiter gehen ,schön langsam aber beständig weiter nach oben .

[Tinapay_at_Mga_Laro]

PRESS RELEASE
Jan. 20, 2014, 8:31 a.m. EST
Contact Exploration Provides Operations Update

CALGARY, ALBERTA, Jan 20, 2014 (Marketwired via COMTEX) -- Contact Exploration Inc. ("Contact" or the "Company") CA:CEX +4.48% is pleased to provide an operations update on its activities in the Kakwa area of Alberta.

Operated Activities

Contact holds a 25% working interest in all Montney wells and associated facilities on a 16 3/4 section block in the Kakwa, Alberta area, other than in the 13-17-63-5W6 Well ("13-17 Well") in which the Company's working interest is 37.5% before payout, 25% after payout. Contact is the operator of all wells and facilities on this 16 3/4 section block.

The central compression and condensate stabilization facility located at 16-7-63-5W6 ("16-7 Facility") has now been fully constructed and commissioned. The 16-7 Facility will be used to compress natural gas from the Contact-operated Kakwa area wells for transportation to a third party gas plant, as well as to stabilize and store condensate prior to trucking liquids to sales off-take facilities. Over the past two weeks the 16-7 Facility has demonstrated the ability to receive up to 14mmcf/d of natural gas production and associated condensate production. The commissioning of the 16-7 Facility extended from mid-December 2013 to mid-January 2014. Contact's December 2013 Kakwa production was thereby restricted due to additional downtime of the Kakwa wells while the 16-7 Facility underwent commissioning.

The Contact operated wells at 13-17-63-5W6, 14- 30 -63-5W6, 3-19-63-5W6 and 5-23-63-6W6 are currently flowing through the 16-7 Facility at aggregate gross production rates of up to 8mmcf/d natural gas and 1,200bbl/d condensate (2mmcf/d and 300bbl/d net to Contact). This flush production rate is expected to decline as production continues, in keeping with normal production declines. However, Contact anticipates that production from wells currently being drilled, completed or tied-in at Kakwa will continue to increase the Company's overall production levels.

Contact recently completed and production tested the 16-25-63-5W6 Montney well ("16-25 Well"). During a short production test, the 16-25 Well demonstrated initial deliverability and condensate yields consistent with the Company's other operated wells at Kakwa. Contact notes that the results from production testing are not necessarily indicative of the long term performance or of the ultimate recovery from the 16-25 Well. The 16-25 Well is now being equipped to produce into the 16-7 Facility and Contact expects this well to be brought onto production in early February 2014.

Contact has completed drilling of the 16-17-63-5W6 Montney well ("16-17 Well") to a total depth of 5,191m. The 16-17 Well was drilled from the same pad as Contact's first Kakwa Montney well at 13-17. Drilling operations were carried out on time and on budget, taking 42 days from spud to rig release. Completion operations are underway on the 16-17 Well and Contact expects to undertake production testing of the well in late January 2014. With success, the 16-17 Well will be equipped for production into the 16-7 Facility, with production expected to commence in mid-February 2014.

Also at Kakwa, Contact is currently drilling a Montney well at 15- 30 -63-5W6 ("15-30 Well"), the first of two back-to-back wells expected to be drilled by the Company from the drilling pad at 3- 30 -63-5W6. The 15-30 Well was spud on December 31, 2013 and is expected to take approximately 45 days to reach total depth. Upon casing the 15-30 Well, Contact intends to immediately spud an additional well from the 3-30 pad ("02/14-30 Well"), with spudding expected to occur in February 2014. The 02/14-30 Well is being designed to penetrate the Upper Montney D4 interval. Contact expects to complete both the 15-30 Well and the 02/14-30 Well upon concluding drilling operations on the 02/14-30 Well. Contact anticipates drilling and completion operations on the 15-30 Well and the 02/14-30 Well to be finalized in April 2014 and, with success, expects both wells to be equipped and flowing into the 16-7 Facility in May 2014.

As previously announced Contact intends to employ one rig year round at Kakwa. The Company is currently permitting a new multi-well pad at 7-19-63-5W6 to facilitate the drilling of two long-reach (approximately 1.5 mile) horizontal wells between April and July 2014. The Company expects to complete these wells consecutively once the second well has finished drilling.

Non-Operated Activities

Adjoining the 16 3/4 section block discussed above, Contact holds a 23.75% working interest in two non-operated sections at Kakwa. The Company participated in the drilling of one Montney well on these lands, at 14-2-63-6W6 ("14-2 Well"). The 14-2 Well was placed into production in September 2013 but was shut in for substantially all of November and December 2013 due to the operator's infrastructure restrictions. The participants in the 14-2 Well met in late 2013 to discuss production strategies, and the operator agreed to re-commence production at restricted but stable rates. The 14-2 Well re-commenced production on January 7, 2014 as part of establishing a longer term performance profile, and determining an optimum go-forward production strategy, for the well.

http://www.stockhouse.com/companies/bullboard/v.cex/contact-…

[Tinapay_at_Mga_Laro]

Ist zwar nicht mehr ganz taufrisch aber hier noch nicht gepostet worden.

President’s Message

The operational successes of the previous quarters in Contact’s East Kakwa Montney Project are now having a material positive impact on the Company. Three additional wells, 5-23-63-6W6 (the “5-23 Well”), 16-25-63-6W6 (the “16-25 Well”) and 16-17-63-6W6 (the “16-17 Well”), have been placed into production subsequent to the end of the quarter, and are flowing into the Company’s newly built compressor station. East Kakwa volumes have grown significantly. Since bringing its central compressor and condensate stabilization facility online in mid-January 2014, Contact’s aggregate net production has fluctuated between 500 – 800 boe/d, on a per producing day basis. We expect production from our existing Kakwa wells to stabilize once all early stage operational matters are addressed in the normal course. Going forward, we expect to drill up to eight new operated wells by the end of fiscal 2015 (being March 31, 2015). With success and assuming stable commodity prices, production from this drilling program is expected to generate sufficient cash flow to enable us to ‘self-fund’ our operational activity at East Kakwa going forward into fiscal 2016.


The central compression and condensate stabilization facility located at 16-7-63-5W6 (“16-7 Facility”) was fully constructed and commissioned in early January 2014. The 16-7 Facility is being used to compress natural gas from the Contact-operated Kakwa area wells for transportation to a third party gas plant, as well as to stabilize and store condensate prior to trucking liquids to sales off-take facilities. The plant was designed initially to handle up to 2500 bbls/d of condensate and 15MMcf/d natural gas, but was designed in a modular fashion such that additional capacity can be added as required.


We are currently drilling the 02/14-30-63-5W6 Well (the “02/14-30 Well”) a well that was originally slated to be bottom hole 15-30. This well will penetrate the uppermost D4 interval in the Montney, located at stratigraphically about 75m above the other producing Middle Montney zone in Contact’s operated wells. Successful results in the 02/14-30 Well will encourage material reserves additions to the East Kakwa project. Contact previously participated in a non-operated well at 14-2-63-6W6, which is also being produced from this interval.


Stepping beyond East Kakwa, Contact has expanded its Alberta Deep Basin land position extensively. As discussed at the end of our last quarter, following a technical evaluation of the region, the Company acquired additional sections with Montney/Duvernay prospectivity, including 11 sections at West Kakwa, 27 sections at Chime and 22 sections at Pinto. Contact now has the opportunity to expand its focus into these new project areas, where we believe the Montney formation has strong condensate prospectivity. Other industry participants own surrounding acreage, and are also planning near term activity, which will not only begin to highlight these project areas, but will also serve to assist in technically de-risking the lands.


Although less active operationally, much time has been dedicated by Contact’s management to progressing Contact’s assets in Atlantic Canada. Our alignment with Pieridae Energy Limited (“Pieridae”), the Canadian energy infrastructure development company that has announced the development of a liquefied natural gas (“LNG”) export facility in Goldboro, Nova Scotia, Canada, continues to move forward strongly. We are currently working within the regulatory process, seeking permits for 2 vertical exploratory wells within our leasehold in the Moncton Sub-basin of New Brunswick. Pieridae has committed that they will fund each of these wells at 100% up to $15.4M to earn a 50% interest in approximately 33 sq. miles of prospective acreage.


Contact’s oil assets in Atlantic Canada, at both Stoney Creek and Hopewell, are of significant value to the Company. We anticipate conducting operational activity at both in conjunction with mobilizing equipment for the Pieridae project.


The Company successfully completed a non-brokered flow-through private placement financing, closing on December 31, 2013, issuing an aggregate of 5,555,556 “flow-through” common shares in the private placement, at a price of $0.36 per share for aggregate gross proceeds of $2,000,000. The proceeds of this raise are expected to be used to expand the Company’s Montney project.


In addition, Contact’s secured lender has increased the amounts available under the Company’s credit facilities. Under the amended facility, the Company is able borrow up to $4,500,000 (up from $3,000,000) under its operating line at prime plus 1.5% per annum, and also has access to a nonrevolving acquisition or development demand loan in the amount of $3,200,000 (up from $1,500,000) at prime plus 2.0% per annum.


Contact has successfully executed an extensive operational campaign at Kakwa resulting in material growth for the Company. We are positioned for further growth with both new Deep Basin acreage and within additional zones within our lands at Kakwa, which growth we will be focused on realizing within the upcoming quarters. Our projects in Atlantic Canada and in particular our alignment with Pieridae, offer significant upside, diversifying our portfolio and increasing our ability to impact corporate growth. We look forward to sharing additional information on our many exciting projects with our shareholders as we move forward.






On behalf of the Board of Directors,

Steve Harding

President / CEO

February 20, 2013


Warten wir die kommenden News ab

[rumpelheisschenstilz]

Hallo zusammen,

der Umweltminister in Kanada hat dem LNG Terminal schonmal zugestimmt!

HALIFAX, NOVA SCOTIA March 21, 2014 – Pieridae Energy (Canada) Ltd. (“Pieridae”) is pleased to announce that the Honourable Randy Delorey, Minister of Environment for the Province of Nova Scotia, has issued environmental assessment (EA) approval, with conditions, for company’s proposed Goldboro LNG project.

Goldboro LNG consists of a liquefied natural gas (LNG) processing plant and facilities for the storage and export of LNG, including a marine jetty.

In a letter to Pieridae, Minister Delorey stated, “Following review of the information provided by Pieridae Energy (Canada) Ltd., and from the comments received from agencies and persons that participated in this environmental assessment review, including recommendations from the Environmental Assessment Review Panel, I have approved the above project with conditions in accordance with Section 40 of the Environment Act, S.N.S., 1994-95 and subsection 26(1) of the Environmental Assessment Regulations, N.S. Reg. 348/2008, made under the Act.”

An environmental assessment review panel appointed by the Minister of Environment conducted a Class Two Environmental Assessment, the province’s most rigorous form of review. The Minister of Environment accepted the panel’s recommendation to approve Goldboro LNG, with certain conditions.

“We are very pleased to receive environmental assessment approval, which is an important milestone toward development of Goldboro LNG, the east coast of Canada’s LNG export facility,” said Alfred Sorensen, president and CEO, Pieridae. “We will continue to work closely with Nova Scotia Environment, local residents, First Nations communities and other stakeholders as we advance the project.”

The EA approval for Goldboro LNG includes conditions, several of which reflect Pieridae’s commitments made through the environmental assessment process. The conditions include development of management plans related to air emissions, greenhouse gas and wetlands, establishment of a fisheries advisory committee, continued operation of a community liaison committee, and carrying out of additional studies, reports, monitoring and plans that were identified in the environmental assessment report and information request responses.

“With EA approval, we will now focus on Front End Engineering and Design (FEED),” said Mark Brown, director of project development, Pieridae. “Throughout spring and summer 2014, we will be on-site in Goldboro, NS to carry out a number of studies that will assist with understanding project specific requirements.”

Goldboro LNG will produce up to 10 million metric tonnes per annum (MTPA) of LNG per year and will have on-site storage capacity of 690,000 cubic metres of LNG.

Pieridae is in advanced discussions with several natural gas producers, pipeline operators and LNG customers. In June 2013, Pieridae entered into a 20-year sales agreement with E.ON Global Commodities SE, a subsidiary of one of the world’s largest investor-owned power and gas companies, to deliver approximately 5 MTPA of LNG from Goldboro LNG to E.ON.

The company has submitted an application to the National Energy Board (NEB) to import up to 1.0 billion cubic feet per day (Bcf/d) of natural gas through the existing pipeline systems between Canada and the United States, and export up to 1.4 Bcf/d of natural gas, as LNG, from Goldboro, NS, to international markets.

Pieridae anticipates that, at its peak, the Goldboro LNG terminal will create up to 3,500 jobs during construction and 200 full-time, permanent jobs during operations. Current estimates value the capital expenditures of the project at US $8.3 billion.

Pieridae will make their final investment decision in 2015 and, if they decide to proceed, Goldboro LNG will be operational in 2020.

Grüße Rhs

[inthiscase]

Contact Exploration's Proved Reserves Triple in Fiscal 2014

CALGARY, ALBERTA--(Marketwired - May 21, 2014) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to report that independent reserves evaluations effective March 31, 2014 have been completed by the Company's reserves evaluators in compliance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101") and in accordance with the Canadian Oil and Gas Evaluation ("COGE") Handbook. GLJ Petroleum Consultants Ltd. ("GLJ") evaluated the Company's Stoney Creek and Hopewell properties in New Brunswick (the "GLJ Report"), while McDaniel and Associates Consultants Ltd. ("McDaniel") evaluated the Company's Montney Formation assets at East Kakwa, Alberta (the "McDaniel Report").

Highlights of the Company's reserves evaluations include (all reserve volumes are reported as net to the Company, before tax and royalty deductions with the increases referenced being against the evaluations carried out on Contact's reserves for the year ended March 31, 2013):
•Total Company reserves (net proved and probable) increased by 43% to 10,643 MBOE (56% oil and natural gas liquids).


•Total Company net present value (net proved and probable reserves discounted at 10%) increased by 69% to $174.4MM.


•Total proved reserves increased from 1,815 MBOE (61% oil and natural gas liquids) to 5,926 MBOE (52% oil and natural gas liquids), an increase of 226%.


•Net present value of proved reserves (discounted at 10%) increased from $28.0MM in 2013 to $92.7MM in 2014, an increase of 231%.



Kakwa - McDaniel Report

During the fiscal year ended March 31, 2014, the Company expanded development at its East Kakwa property, drilling and completing four additional Contact operated horizontal wells (average 25% working interest ("WI")) and participating in a fifth non-operated well (24% WI). The confirmed regional extent of prospective Montney reserves at East Kakwa was expanded and the prospectivity of a second zone (the Upper Montney D4 interval) was confirmed in the McDaniel Report. Considerable additional data was collected from Contact's extensive operational program, which included securing more than 100 meters of Montney formation core from the Company's 5-23-63-6W6 well. Also during the fiscal year, Contact successfully expanded its Kakwa pipeline gathering system and constructed and commissioned the 16-7 compressor and condensate stabilization facility.

The reserves assignments by McDaniel in the McDaniel Report now encompass 10.5 gross sections (out of 18.75 total gross sections) in the middle Montney (D2 interval) and two gross sections (out of 18.75 total gross sections) in the upper Montney (D4 interval) at East Kakwa, where Contact holds a 25% WI. Contact's Montney acreage at West Kakwa, Chime and Pinto, consisting of 61 composite sections (100% WI), were not evaluated as part of the McDaniel Report.

Highlights of the McDaniel Report include (all reserve volumes are reported as net to the Company, before tax and royalty deductions with the increases referenced being against the evaluation carried out on Contact's reserves at Kakwa by McDaniel for the year ended March 31, 2013):
•East Kakwa proved plus probable reserves increased by 61% to 8,451 MBOE in 2014 consisting of 4,325 MBOE natural gas and 4,125 MBOE liquids.


•The net present value of Contact's East Kakwa net proved and probable reserves (discounted at 10%) increased by 99% to $127.6MM.


•East Kakwa proved reserves increased by 299% to 5,510 MBOE in 2014 consisting of 2,819 MBOE natural gas and 2,691 MBOE liquids.


•The net present value of Contact's East Kakwa net proved reserves (discounted at 10%) increased by 332% to $82.5MM.



Stoney Creek New Brunswick - GLJ Report

The Company's Stoney Creek and Hopewell, New Brunswick reserve evaluation remained consistent from the year ended March 31, 2013, with total proved and probable reserves decreasing less than 1% (2,210 MBOE to 2,192 MBOE). Continued well performance at Stoney Creek, combined with improved commodity forecasts, enabled net present value (discounted at 10%) during the year ended March 31, 2014 to increase by 20% to $46.8MM from $38.9MM.

Operations Update

The Company's first mile and a half horizontal well was drilled from the 7-19 pad location at East Kakwa, reaching a total measured depth of 5,504 meters in 36 days. This well achieved total depth in fewer days than any of the Company's previous mile long horizontal wells. On the second well drilled from the 7-19 site, Contact is nearing total depth of 5,400 meters, at a similar pace to that of the first well. The Company expects to spud a third well off of the same surface pad before the end of May 2014. Once the third well has reached total depth, Contact plans to consecutively complete and tie-in each of these wells to the Company's existing infrastructure. Contact holds a 25% WI in all three wells.

In addition, Contact is the process of contracting a second rig that is expected to be used to accelerate drilling at East Kakwa. This rig could also be used for drilling on the Company's 100% WI acreage at West Kakwa, Chime or Pinto.

Read more at http://www.stockhouse.com/news/press-releases/2014/05/21/con…

[wdan]

meine Depotleiche schleicht sich nach oben

[Tomu]

[IMG]http://www.advfn.com/p.php?pid=staticchart&s=TX^CEX&p=0&t=15…

so langsam wird das potenzial erkannt :-)

[Tomu]

[rumpelheisschenstilz]

Hallo Zusammen,

eine neue Präsentation - summer 2014 - ist da! Liest sich ganz geschmeidig und paßt zum Kurs.

Gruß Rhs

[inthiscase]

Pieridae Energy Canada (Pieridae) has selected CB&I to undertake Front-End Engineering and Design (FEED) for Goldboro LNG, a proposed liquefied natural gas (LNG) export facility.

Goldboro LNG, the east coast of Canada and the United States' closest mainland LNG export terminal to Europe and India, will consist of a processing plant and facilities for the storage and export of LNG, including a marine jetty. The facility is anticipated to produce approximately 10 million tonnes per annum (MTPA) of LNG and have on-site storage capacity of 690,000 cubic metres of LNG.

The FEED phase will determine the layout of the facility and associated components, as well capital expenditures, which are currently estimated at $8.3 billion.

"Having received Environmental Assessment approval from Nova Scotia's Minister of Environment in March 2014, the selection of CB&I to undertake FEED is another important milestone towards designing and constructing Goldboro LNG," said Alfred Sorensen, president and CEO, Pieridae.

"CB&I has served the liquefied natural gas industry for more than 50 years, having led or participated in more than 350 LNG projects and studies in 45 countries and this award builds on that experience," said Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group. "We look forward to working with Pieridae on the Goldboro LNG project, which upon completion will serve as North America's closest mainland LNG export terminal to Europe and India."

Pending receipt of all necessary regulatory and government permits and a positive final investment decision in 2015, Pieridae anticipates construction taking four years, with Goldboro LNG being commercially operational in 2020.

Pieridae is in advanced discussions with several natural gas producers, pipeline operators and LNG customers. In June 2013, Pieridae entered into a 20-year sales agreement with E.ON Global Commodities SE, a subsidiary of one of the world's largest investor-owned power and gas companies, to deliver approximately 5 MTPA of LNG from Goldboro LNG to E.ON.

The company has submitted an application to the National Energy Board (NEB) to import up to 1.0 billion cubic feet per day (Bcf/d) of natural gas through the existing pipeline systems between Canada and the United States, and export up to 1.4 Bcf/d of natural gas, as LNG, from Goldboro, NS, to international markets.

Pieridae anticipates that, at its peak, the Goldboro LNG terminal will create up to 3,500 jobs during construction and 200 full-time, permanent jobs during operations.

Read more at http://www.stockhouse.com/companies/bullboard/v.cex/contact-…

[Tinapay_at_Mga_Laro]

Schaut euch das Interview an

http://www.bnn.ca/Video/player.aspx?vid=375667

Geplant ist es die Mengen innerhalb der nächsten 18 Monate im Idealfall zu vervierfachen (!)

[rumpelheisschenstilz]

Hallo Zusammen,

die drei Bohrlöcher sind ferig! Ab Oktober wird die Produktion aufgenommen.
Alles läuft wohl nach Plan! Die komplette PM ist auf Stockhouse zu lesen.

Grüße RHS

[Tomu]

so langsam läuft es in die richtung die ich mir vorstelle :-)

http://www.advfn.com/p.php?pid=staticchart&s=TX^CEX&p=0&t=15…

[Tomu]

Antwort auf Beitrag Nr.: 47.612.628 von Tomu am 26.08.14 15:58:13

Zitat von Tomu: so langsam läuft es in die richtung die ich mir vorstelle :-)

http://www.advfn.com/p.php?pid=staticchart&s=TX^CEX&p=0&t=15…

[wdan]

wenn man sich den Kursverlauf des aktuellen Jahres ansieht gefällt mir das Unternehmen wieder.

[rumpelheisschenstilz]

Hallo Zusammen,

Neuigkeiten von Pieridae: Eine Finanzierungsrunde wurde durchgeführt, Contact war nicht dabei, bzw. wollte nicht dabeisein. Die prozentualen Anteile am Projekt sind daher weiter zurückgegangen, aber der Wert ist insgesamt gestiegen.(Nachzulesen auf Stockhouse) Mal sehen wieviele Prozentpunkte am Ende des Projektes für Contact noch übrigbleiben, sofern man bis zur Fertigstellung des Terminals dabeibleibt.

Grüße RHS

[rumpelheisschenstilz]

Hallo zusammen,

ein neuer CFO ist da. Auf seinen letzten Stationen wurden die jeweiligen Firmen grundsätzlich stark umstrukturiert. Ob das jetzt auch mit Contact beabsichtigt ist? Um die Möglichkeiten im Bereich Montney und Pieridae
gleichzeitig zu nutzen, langen die Kräfte wohl nicht aus. Ein starker Partner ist da vielleicht hilfreich. Wie es dann mit dem Wert der jetzigen Anteile an Contact bestellt sein wird, bliebe dann die spannende Frage.

Grüße rhs

[heinzgeiger]

Hallo rhs,

das hat sich nun schneller geklärt als gedacht. Und wer der Verlierer ist auch.
Leider Contact, wenn man die heutigen Kurse ansieht.

Grüße Heinz.

[rumpelheisschenstilz]

Antwort auf Beitrag Nr.: 48.095.788 von heinzgeiger am 21.10.14 18:08:19

Hallo Heinz,

betrachtet man den reinen Kursverlauf, so ist dieser zumindest für die kurzfristig Investierten sicher nicht befriedigend. Von Verlierer möchte ich nicht sprechen. Für beide Partner ist die Fusion ein Gewinn.
Für Contact bedeutet das auf der 42% Basis eine Erhöhung des Fördervolumens, eine signifikante Ausweitung der Explorationsmöglichkeiten und die Möglichkeit den Pieridaeanteil zu behalten.
Ich bin froh das dck mit contact fusioniert und nicht mit einem anderen Partner. Für Questerre z.b. kann es nämlich jetzt bald ungemütlich werden, bei kleineren Margen durch niedrige Ölpreise und gleichzeitig hohen Investitionsausgaben für East Kakwa!
Kurzfristig macht der Kurs sicher keine allzugroße Freude, mittelfristig auf Sicht von 1- 2 Jahren dürfte sich die Fusion aber für alle Beteiligten auszahlen, sofern in den westlichen Explorationsgebieten was zu holen ist. Diese Frage würde sich aber so oder so stellen.
Grüße rhs