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CanCambria Energy (OTCQB: CCEYF) provided an operational update and submitted a Technical Operating Plan for the 945.9 km2 Kiskunhalas Concession Area (KCA) on December 11, 2025. The CC-Ba-E-2 well is permitted and targeted for drilling in H2 2026, with conductor pipe installed and cemented to 72 m and a purchase order placed for tubulars from Tenaris Silcotub with delivery expected on or before June 30, 2026 (US$100,000 deposit paid, ~7% of invoice).
The company plans geological work in 2026, a 213 km2 3D seismic program in 2027, selection of at least two deep well locations for potential 2029 drilling, and has added 2,000 acres and 12 well locations to its development plan. CanCambria is seeking a strategic partner to underwrite part of the KCA program.
CanCambria Energy (OTCQB: CCEYF) announced three senior appointments to its leadership and board to support development of the Kiskunhalas tight gas project in Hungary on December 2, 2025. The company named Jerald (Jay) Stratton Jr. as independent director, Larry Busnardo as VP Investor Relations, and Lee Lehtonen as Technical Lead - Exploration. Collectively the appointees bring over 100 years of industry experience across exploration, operations, capital markets and investor relations.
In connection with these hires, CanCambria granted 900,000 stock options exercisable at CAD $0.53 per share for a five-year term, vesting in four equal tranches (25% every six months). The Options are subject to the company Omnibus Stock Option Plan and TSX Venture Exchange policies.
CanCambria Energy (OTCQB: CCEYF) announced an upgraded independent resource evaluation for the Kiskunhalas tight-gas project (dated Sept 30, 2025) that incorporates the newly awarded Kiskunhalas Concession Area (KCA) acquired in Q1 2025.
Key metrics: Contingent Resources (all classes) rise to 1.1 Tcf gas and 116.6 MMbbl condensate; 2C Development Pending = 571.9 Bcf and 59.6 MMbbl (net, risked 80%); NPV10 (2C Development Pending, risked) = US$1.762 billion, up ~US$200 million after KCA; KCA adds 2,000 acres (~27%) and 12 wells to a 112-well FDP.
CanCambria Energy (OTCQB: CCEYF) announced that Executive Chairman Dr. Christopher T. Cornelius will retire as Executive Chairman effective December 31, 2025 and transition to a short-term non-executive advisory role in early 2026. Dr. Cornelius founded the company in 2017 and led it to a TSX Venture listing in 2024.
Dr. Paul Clarke, President and CEO, said Dr. Clarke will serve as interim Chairman until the company concludes its strategic partnership or joint venture process, with a permanent chairman likely to be selected in Q2 2026. The company emphasized continuity while it advances its European energy asset plan and strategic partnership efforts.
CanCambria Energy Corp (OTCQB: CCEYF) engaged Raiffeisen Bank International (RBI) as strategic advisor to help secure a partner or investor for its Kiskunhalas tight-gas project in Hungary. The Transaction could take multiple forms, including a farm-out, a financial investment at parent or subsidiary level, or a partial sale of the project.
The process is expected to take several months and there is no assurance a transaction will occur. Management highlighted RBI's CEE energy M&A experience and said the partner search aims to enable drilling the first new well in the area in 2026. Further updates will be provided as the process progresses.
CanCambria Energy Corp (OTCQB: CCEYF) announced its President & CEO, Dr. Paul R. Clarke, will present at the Schachter Catch the Energy Conference in Calgary on Saturday, October 18, 2025.
The presentation is scheduled for 1:15 p.m. in Presentation Room 1 at Mount Royal University’s Bella Concert Hall and Roderick Mah Centre for Continuous Learning, subject to agenda changes. CanCambria will provide an update on its Hungarian tight-gas play, described as a large, high-pressure, high-temperature wet-gas resource in Central Europe with established infrastructure and direct access to a major European gas market. The presentation will be posted on the company investor relations website.
CanCambria Energy Corp (OTCQB: CCEYF) will present at two investor conferences in October 2025. Dr. Paul R. Clarke, President & CEO, will present at the Schachter Catch the Energy Conference on October 18, 2025 at 1:15 p.m. MT in Calgary and at the Kinvestor Day 2025 Virtual Investor Conference on October 23, 2025 at 8:40 a.m. PT / 11:40 a.m. ET.
The company will staff an exhibitor area at Schachter and offer a brief audience Q&A after the Kinvestor presentation. Registration details are provided for each event.
CanCambria Energy (OTCQB:CCEYF) has received approval from Hungary's Supervisory Authority for Regulatory Affairs (SZTFH) for its Technical Operating Plan (TOP) for two appraisal wells within the Ba-IX Mining License. The approved plan covers the drilling and completion of the CC-Ba-É-2 and CC-Ba-É-3 wells.
The wells are designed to test multiple intervals across more than 1,000 meters of gross gas-charged reservoir section. The data collected will help evaluate production potential, reservoir performance, and refine resource estimates for potential future development of the Ba-IX field.
CanCambria Energy (OTCQB:CCEYF) has announced the results of its Annual General and Special Meeting held on September 3, 2025. Shareholders demonstrated unanimous support for all items proposed by the Board and management, with 35,962,781 common shares voted by proxy, representing 30.22% of outstanding shares.
The company confirmed its leadership team, with Paul Clarke continuing as President and CEO, Konstantin Lichtenwald as CFO, Piet Van Assche as COO, and Christopher Cornelius as Executive Chairman, alongside three non-executive directors.
CanCambria Energy (OTCQB:CCEYF) has established a new Hungarian subsidiary, CanCambria Kiskunhalas, to advance exploration activities in the newly awarded Kiskunhalas Concession Area (KCA). The KCA spans 945.9 km² (233,737 acres) and is adjacent to the company's existing 131.9 km² Ba-IX Mining License.
The company plans to update contingent resource estimates, evaluate new 3D seismic acquisition possibilities in the Soltvadkert Trough, and integrate historical data from the KCA region. Additionally, CanCambria has engaged Altura Media for a two-month digital marketing services agreement valued at CAD$125,000, subject to TSX Venture Exchange approval.