Claren Energy Provides Corporate Update

Toronto –February 21, 2017 – Claren Energy Corp. (“Claren” or the “Company”) (TSX-V: CEN) is pleased to provide a corporate update to shareholders. Claren has completed its wellsite operations on the Bobocu 310 side-track well, onshore Romania. The Company completed cased-hole well tests on the Lobe G and Corcova sandstone reservoirs and also tested Lobe H above Lobe G.  The …

Claren Energy Provides Additional Operations Update

Toronto – January 24, 2017 – Claren Energy Corp. (“Claren” or the “Company”) (TSX-V: CEN) is pleased to provide a further wellsite operations update. In order to prepare the Bobocu 310 side-track (“B310-ST1”) for well-testing operations, B310-ST1 has been cased, cemented, and all surface facilities installed at the well-head in preparation for testing. The MR-8000 drilling rig has been released. …

Claren Energy Reaches Total Depth on the Bobocu Side-track Well

Toronto – January 17, 2017 – Claren Energy Corp. (“Claren” or the “Company”) (TSX-V: CEN) is pleased to announce that the Bobocu 310 side-track well (“B310-ST1”) onshore Romania has reached Total Depth (“TD”) of 2,765 meters (9,071 feet). B310-ST1 has successfully drilled through the Lobe G sandstone and the Corcova sandstone which are Upper Miocene reservoirs. Lobe G was penetrated …

Claren Energy Provides Drilling Operations Update

Toronto – January 9, 2017 – Claren Energy Corp. (“Claren” or the “Company”) (TSX-V: CEN) is pleased to provide an update on its current drilling operations at the onshore Bobocu gas field, situated in the foreland basin of the Carpathians approximately 150 km NE of Bucharest. The Bobocu 310 side-track well (“B310-ST1”) is primarily targeting the Corcova reservoir, Lobe G …