Closing of Prosecutor’s Investigation Regarding the Covid‑19 Credit of Terraoil Swiss AG
2 September 2021
Prosecutor’s Office Closes Investigation.
Terraoil Announces Enhanced Oil Recovery with High Pressure Nitrogen Stimulations
2 August 2021
Terraoil Announces Initial Production Test Results Since Resuming Drilling Operations on Visoka Block
27 July 2021
Promising initial production test results show 0% water cut and strong pressure support.
Terraoil Announces Offering of up to 24’000’000 Shares Following Approval of Prospectus by the SIX Prospectus Office
5 July 2021
Proceeds from the offering to be used to fund the work program for its oil and gas properties in Albania, to reduce debt and for general corporate purposes and working capital needs.
Terraoil Announces Continuation of Drilling Operations on Visoka Block
11 May 2021
The new drilling activities are executed according to the work program for Visoka.
Terraoil announces Approval of CHF 19.3 million KER and Key Upcoming Milestones
19 April 2021
Terraoil announces CHF 19.3 million as capital contribution reserves (Kapitaleinlagereserve) and key corporate milestones to support development of the company.
Terraoil to participate in the upcoming virtual Oil & Gas Automation and Digitalization congress
16 April 2021
Terraoil’s executive leadership team to participate in the upcoming virtual AUTOMA 2021 | Oil & Gas Automation and Digitalization congress.
Terraoil business interview with the executive leadership team following the COVID-19 pandemic
8 April 2021
Terraoil’s executive leadership provides update via a Zoom-recorded interview.
Terraoil Receives Approval for 2021 Work Program
16 March 2021
Project update: Terraoil’s 2020 and 2021 Visoka work plan approved by regulatory body (AKBN) and state-run Albpetrol.
Terraoil implements Enterprise Resource Planning System to transform business operations
3 March 2021
The Vienna Advantage Cloud ERP System provides a wide-ranging business enhancement for Terraoil’s international operations.
Terraoil’s Board of Directors notes the resignation of Peter Luggen
26 January 2021
Peter Luggen to resign from the Board of Directors due to health reasons.
CM Equity AG in Pre-Marketing for Terraoil: Security Token Offering for a double digits Mio. Euro amount
2 October 2020, updated 10 October 2020
Terraoil announces the completion of its public fundraising prospectus for BaFin and start of the pre-marketing of the Terraoil Swiss AG Security Token Offering for a double digits Mio. Euro amount.
Terraoil announces approval and completion of the 2019 audits
24 July 2020
Terraoil Swiss has received audit reports from BDO for the 2019 Swiss statutory and the consolidated financial statements prepared in accordance with IFRS.
Terraoil together with CM-Equity to launch a double-digit million EUR funding through security tokens
7 July 2020
Terraoil Swiss has engaged CM-Equity AG as global coordinator for its digital asset financing and CM’s mandate will include preparing a securities offering prospectus, providing the technical fulfilment and arranging the public placement of the financing.
Following the recent capital increase Terraoil Swiss has now 142,886,508 registered shares issued
16 June 2020
With the conversion of a convertible loan and outstanding liabilities the share capital of Terraoil Swiss AG amounts to CHF 1,428,865.08 divided into 142,886,508 registered shares at CHF 0.01 each.
Terraoil announces timing of 2020 AGM
9 June 2020
Terraoil Swiss AG plans to hold its annual general meeting in the second half of 2020.
Terraoil Swiss AG hosted its first multimedia conference for shareholders on 27 March 2020
16 April 2020
Terraoil Swiss AG hosted a multimedia conference for shareholders on Friday, 27 March 2020 to share the decisions and outcome of the Extraordinary General Meeting.
Terraoil Swiss AG to implement cost cutting and reduced capex programme for 2020
9 April 2020
The Terraoil Swiss AG Board of Directors have agreed to implement a new cost cutting programme for its operations due to the current global economic situation.
Terraoil Swiss AG Extraordinary General Meeting held on 17 March 2020
3 April 2020
Terraoil Swiss AG held an EGM on 17th March 2020 in absence of the physical presence of shareholders.
Terraoil Swiss Announces Conversion of CHF 15 Million Convertible Loan into shares
27 February 2020
CHF 15 million Convertible Loan subscriber has given notice of full conversion to shares, showing confidence in Terraoil’s attractive business model.
Terraoil Swiss announces placement of up to CHF 15 Million CLN and preparations for listing
18 February 2020
On 24 October 2019, Terraoil together with CAT Financial Products Ltd, hosted a lunch event in Zurich presenting its CHF 15 million credit linked note (“CLN”). The Company continues to focus on listing on an internationally recognized stock exchange.
Terraoil CEO delivers speech at the SPE Upstream Finance and Investments Conference
6 February 2020
Peter Krempin, CEO of Terraoil Swiss AG, contributed in an international upstreamers panel organised by the Society of Petroleum Engineers (SPE) on 29 October 2019 in London.
Shareholder Information: Overview of 2019
17 December 2019
Terraoil gives a summary of both the operational and financial achievements it has made this year. Additionally, the Company provides its comments on the current market environment and expectations for the oil price in H1 2020. Terraoil remains committed to its goal of achieving a listing on a premier capital market.
CEO’s Annual Review 2018: a successful, eventful year for Terraoil
29 April 2019
Terraoil’s CEO, Peter Krempin, provides an update on the Company’s activities in 2018, highlighting the significant progress made. Additionally, Peter Krempin offers an outlook for 2019 which is expected to be another successful year.
Terraoil enters into crude oil sale and purchase agreement with Eni Trading & Shipping
21 January 2019
Terraoil has signed an agreement with Eni Trading & Shipping S.p.A. in respect of the sale and purchase of Albanian crude oil. The initial term of the agreement is from 1 February 2019 through to 31 January 2021. The companies also have a mutual interest in pursuing a long-term strategic relationship.