Search This Board: 
Created: 03/20/2006 10:56:23 AM - Followers: 10 - Board type: Free - Posts Today: 0

Canadian Superior Energy Inc.
Investor Relations
(403) 294-1411
(403) 216-2374 (FAX)

Canadian Superior Energy Inc.
Suite 2700, 605 - 5th Avenue S.W.
Calgary, Alberta
Canada T2P 3H5


Canadian Superior Energy Inc. is a Calgary, Alberta based oil and gas exploration and production company with operations in Western Canada, offshore Trinidad & Tobago, and offshore Nova Scotia, Canada.  The Company's head office is in Calgary, Alberta, Canada with regional offices in Port of Spain, Republic of Trinidad & Tobago and in Halifax, Nova Scotia, Canada.

Trinidad and Tobago Oil & Gas Maps

Offshore Nova Scotia Slides 


Rankings of Major Acreage Holders



Rowan Gorilla V In Halifax Harbour 


 Independent Report On Canadian Superior Mariner I-85 Well




Western Canada Land Holdings Maps


Drumheller Area

  • Strategic Core Production Map

  • Coal Bed Methane (CBM) Holdings Map

Kan Tan IV Drilling Rig on Location, "Victory-1", Block 5(c)



Video footage of Bounty Well Test Offshore Trinidad






12/18/2009 SNG raises $50 million, adds oilpatch veteran to board

Reknown oilpatch veteran Clay Riddell is making a big investment in Canadian Superior Energy Inc. (TSX:SNG), a Calgary-based natural gas producer that has seen a great deal of upheaval in the past year.

"I´m excited about their project in Trinidad," said Riddell in an interview, referring to an offshore block believed to contain between three and five trillion cubic feet of natural gas.

When asked what about the offshore Trinidad natural gas field piqued his interest, Riddell said bluntly: "It´s big."

A long-time investor in Canadian Superior, Riddell had been following the evolution of exploration Block 5 (c), in which Canadian Superior used to have a controlling stake.

After a series of developments over the past year _ including a dispute with one joint venture partner and the takeover of another _Canadian Superior now has a 25 per cent interest in the field, which is believed to contain between three and five trillion cubic feet of natural gas.

Canadian Superior said Friday it plans to raise up to $50 million through a non-brokered private placement issue of up to 96.2 million common shares. The company said it will issue the stock at 52 cents each.

Shares in the company soared 15.7 per cent to 59 cents on the Toronto Stock Exchange on Friday.

The financing is slated to close Jan. 14, and the money raised will be used for exploration and development and for general corporate purposes.

Treherne Resources Ltd., a private company controlled by Riddell, has subscribed for $20 million of that private placement.

Riddell, or someone else from Treherne, was offered a spot on Canadian Superior´s board, which was overhauled at the behest of a major shareholder in September.

"I´ll have such a large interest in the company and I´d like to participate in how it goes forward," Riddell said.

The Riddell name is well known in Alberta´s oil and gas industry.

A geologist by trade, Riddell founded Paramount Resources Ltd. in 1974, which has since been spun off into different firms.

His daughter Sue Riddell Rose runs Paramount Energy Trust (TSX:PET.UN) and his son Jim Riddell is chief utive of Trilogy Energy Trust (TSX:TET.UN).

He is also the chairman and chief utive of another company he founded, Arctic natural gas explorer MGM Energy Corp. (TSX:MGX).

In February, a partner in the Trinidad block, U.K.-based BG Group, persuaded an Alberta judge to put Canadian Superior´s stake under the control of a receiver.

BG had feared final testing and completion of a well would not be completed, given the financial problems of Canadian Superior and a third partner in the project, Challenger Energy Corp.

A month later, Canadian Superior and Challenger both filed for protection from creditors under the Companies´ Creditors Arrangement Act.

In May, Canadian Superior sold its 45 per cent stake in the Trinidad field for US$142.5 million to BG Group.

And then in June, Canadian Superior agreed to merge with Challenger in a friendly deal worth $77.8 million.

Canadian Superior explores for and produces oil and natural gas and is developing a liquefied natural gas project.

In addition to its venture in Trinidad and Tobago, Canadian Superior is also active in Western Canada, North Africa, off Eastern Canada and the United States.

Read more:


SNG Charts





12/17/2009 Analyst Research - Thomson Reuters

Link -



Day Range:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts Free PlusOneCoin
No plusone'd posts yet. Be the first!
Post Subject
#432 Go here I made new board and will lightbeam 01/14/2011 01:10:19 AM
#431 Not a healthy business climate in Tunisia at present. morokoy 01/13/2011 02:56:55 PM
#430 There needs to be stability in Tunisia before morokoy 01/13/2011 02:53:21 PM
#429 Nice to see you. Well nice news too microcap4 01/12/2011 10:08:46 AM
#428 Sonde Resources Corp. Announces Test Results from Its bdahl385 01/11/2011 08:59:15 AM
#427 Well I see yesterday was a good day microcap4 01/07/2011 06:56:24 AM
#426 So the reverse split occurred. Does anyone know Cougar6 06/07/2010 06:16:58 PM
#425 Name change from "Canadian_Superior_Energy_Inc." to "Sonde_Resources califax 06/05/2010 06:20:10 AM
#424 OK, what is the story with the class Cougar6 06/04/2010 06:40:44 PM
#423 Lucky for sng they were able to hold lightbeam 05/29/2010 07:17:33 PM
#422 IMO there we are very close to a PENNYPRINCE 1 05/27/2010 07:45:15 PM
#421 Nice start today and maybe we are finally ready. PENNYPRINCE 1 05/26/2010 09:51:22 AM
#420 I added a bunch at .61 PENNYPRINCE 1 05/24/2010 10:17:08 AM
#419 This company nearly doubled in outstanding shares. I Cougar6 05/20/2010 12:47:44 PM
#418 Canadian Superior Energy Announces First Quarter 2010 Financial califax 05/18/2010 11:12:52 AM
#417 SNG - califax 05/12/2010 12:45:52 PM
#416 I have a decent position but I wish PENNYPRINCE 1 05/12/2010 12:25:12 PM
#415's time! califax 05/12/2010 12:22:58 PM
#414 Nice action today maybe getting ready for a run. PENNYPRINCE 1 05/12/2010 12:21:39 PM
#413 Canadian Superior Energy Inc. Announces Departure of COO califax 05/05/2010 10:47:34 AM
#412 Clayton H. Riddell: Acquisition of Common Shares of califax 05/03/2010 11:58:27 PM
#411 The 1 Sonde for 5 SNG r/s takes hillzman 04/30/2010 06:25:39 PM
#410 Canadian Superior Commits to Rig for Drilling Offshore Tunisia califax 04/30/2010 01:37:00 PM
#409 Canadian Superior Energy Releases Details of Upcoming Annual califax 04/29/2010 09:27:37 AM
#408 Fair jump in price and volume today. Anyone Cougar6 04/27/2010 01:52:52 AM
#407 Nice jump out of the gate. PENNYPRINCE 1 04/26/2010 09:56:28 AM
#406 This one looks like it has some great radar72 04/25/2010 11:55:55 PM
#405 Well took awhile but another good day and PENNYPRINCE 1 04/23/2010 02:20:05 PM
#404 Looks like we will have a good day PENNYPRINCE 1 04/05/2010 09:38:10 AM
#403 Here we go!!!!! Some jokers have no PENNYPRINCE 1 03/31/2010 02:51:25 PM
#402 Low natural gas prices, restructuring costs widen Q4 califax 03/30/2010 12:31:42 PM
#401 ...Further, the company said it is evaluating its califax 03/30/2010 11:48:29 AM
#400 <<<The last sentence makes me feel better and basserdan 03/30/2010 11:40:34 AM
#399 The last sentence makes me feel better and PENNYPRINCE 1 03/30/2010 11:28:38 AM
#398 Canadian Superior Energy Q4 Loss Widens califax 03/30/2010 11:02:47 AM
#397 Canadian Superior Energy Reports Its Financial and Operating califax 03/30/2010 08:37:48 AM
#395 Looks good today. PENNYPRINCE 1 03/29/2010 12:32:40 PM
#394 I will try but not always free. Please PENNYPRINCE 1 03/26/2010 09:54:21 AM
#393 ...a conference call on Tuesday, March 30 at califax 03/26/2010 08:31:00 AM
#392 Do you think we will anything new? Are PENNYPRINCE 1 03/26/2010 08:29:25 AM
#391 Canadian Superior Energy Inc. Announces Shareholder Conference Call califax 03/24/2010 11:24:29 AM
#390 Nice volume and nice close and hopefully a PENNYPRINCE 1 03/23/2010 04:31:33 PM
#389 Looks great to me and where do you PENNYPRINCE 1 03/23/2010 02:49:14 PM
#388 Chart - califax 03/23/2010 12:17:36 PM
#387 Loks like a good day for SNG PENNYPRINCE 1 03/23/2010 11:53:12 AM
#386 We should see a big day soon. PENNYPRINCE 1 03/22/2010 04:12:29 PM
#385 Looks like today is the day. PENNYPRINCE 1 03/22/2010 09:49:01 AM
#384 Maybe we can break the 50 day MA PENNYPRINCE 1 03/18/2010 07:52:23 AM
#383 Just added .53 PENNYPRINCE 1 03/17/2010 02:12:38 PM
#382 TY and I hope to add befoe the pop. PENNYPRINCE 1 03/12/2010 08:41:26 AM
Post Subject