-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WPUbd/oWrnHpoe+FIYoKEs+cE6b4EEQu2sy+qpwHj1iBPvOh/8xi4Y7xdJ2KVG+X TgludujrzFGplGYUg9Ltnw== 0001175710-03-000041.txt : 20030403 0001175710-03-000041.hdr.sgml : 20030403 20030403152549 ACCESSION NUMBER: 0001175710-03-000041 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20030331 FILED AS OF DATE: 20030403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONTINENTAL ENERGY CORP/ BC CENTRAL INDEX KEY: 0000852747 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17863 FILM NUMBER: 03638583 BUSINESS ADDRESS: STREET 1: 21795 - 64 AVENUE CITY: LANGLEY STATE: A1 ZIP: V2Y 2N7 BUSINESS PHONE: 604-532-6066 FORMER COMPANY: FORMER CONFORMED NAME: INTL FOCUS RES INC DATE OF NAME CHANGE: 19970606 FORMER COMPANY: FORMER CONFORMED NAME: CONTINENTAL COPPER CORP DATE OF NAME CHANGE: 19970606 6-K 1 cecform6k030403.htm CONTINENTAL 6K FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K   REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934

OMB:3235-0116

Exp:31Aug05

CONTINENTAL  ENERGY  CORPORATION

(Translation of registrant's name into English)

21795 64th Avenue, Langley, British Columbia, V2Y-2N7, Canada

(Address of registrant’s principal executive offices)


For the month of:   MARCH, 2003

SEC File No.: 0-17863



Under cover of this page and forming a part of this Form-6K filing please find attached the following documents:

1.

Press Release” concerning Company’s Bengara-II Farm Out to China Wisdom dated March 6, 2003.

2.

Press Release” concerning Company’s Authorized Share Capital Increase dated March 24, 2003.

3.

Press Release” concerning Company’s Yapen Property Assignment dated March 25, 2003.

4.

Press Release” concerning Company’s Issue of Shares dated March 28, 2003.


All of the above listed documents have also been filed separately by the registrant electronically on SEDAR, the “System for Electronic Archiving and Retrieval”, in compliance with Canadian British Columbia Securities Commission regulations in the registrant’s home jurisdiction. The listed documents are available for public review and download in Adobe Acrobat® PDF file format from SEDAR’s internet website,  www.sedar.com

i - Indicate by check mark whether the registrant files annual reports under cover of FORM 20-F  X  or Form 40-F   .

ii - Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by:  Regulation S-T Rule 101(b)(1) ___ or Regulation S-T Rule 101(b)(7) ___ .

iii - Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934; Yes       or  No  X .  If "Yes" is marked, the file number assigned to the registrant in connection with Rule 12g3-2(b) is         .

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CONTINENTAL  ENERGY  CORPORATION

By:

_”Gary R. Schell”______

Date: 3 April 2003

Gary R. Schell, Director & Chairman

EX-1 3 cecpr24mar03authocapeditfore.htm NEWS RELEASE PRESS RELEASE

PRESS RELEASE

Email:  INFO@CONTINENTALENERGY.COM

Web:  WWW.CONTINENTALENERGY.COM

Symbol:  OTC-BB:  CPPXF


CONTINENTAL ENERGY INCREASES AUTHORIZED CAPITAL


Langley, BC, Canada:  MARCH 24, 2003 CONTINENTAL ENERGY CORPORATION (“Continental”, OTC-BB: CPPXF) announced today that it has registered appropriate documents increasing its authorized common share capital to 500,000,000 common shares without par value from 100,000,000 common shares. The directors of the Company had previously obtained approval for the increase from a special majority vote of the shareholders at the Company’s annual general meeting. There is no change to the Company’s currently authorized 100,000,000 preferred shares without par value capital.

The authorized capital of the Company now consists of Six Hundred Million (600,000,000) shares divided into Five Hundred Million (500,000,000) common shares without par value and One Hundred Million (100,000,000) preferred shares without par value.

Continental Energy is a small but aggressive oil and gas exploration company focusing its efforts on discovering major reserves in Indonesia. Continental owns interests in two high potential exploration properties under Production Sharing Contracts covering 3 million acres in Indonesia, the onshore Bengara-II Block in East Kalimantan and the offshore Irian Jaya Yapen Block. Continental also owns a stake in a Technical Assistance Contract for the development of the Bangkudulis Oil Field, East Kalimantan.


On behalf of the Board,


“Original Signed by Gary R. Schell”

___________________

Gary R. Schell, Director



No securities regulatory authority has either approved or disapproved the contents of this news release.

Certain matters discussed within this press release are forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, changes in local or national economic conditions and other risks detailed fro m time to time in Continental's periodic filings with the US Securities Exchange Commission.

For more info please contact Craig Doctor,  Investor Relations, 604-278-4656 or Advisors, Alex Tassos & Associates 760-737-7000

Or Gary Schell, Director, at the Company’s Headquarters, 21795 64th Avenue, Langley, BC, V2Y-2N, BC, 604-532-6066.





No securities regulatory authority has either approved or disapproved the contents of this news release.

Certain matters discussed within this press release are forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Continental's periodic filings with the US Se curities Exchange Commission.

For more info please contact Craig Doctor,  Investor Relations, 604-278-4656 or Advisors, Alex Tassos & Associates 760-737-7000

Or Gary Schell, Director, at the Company’s Headquarters, 21795 64th Avenue, Langley, BC, V2Y-2N, BC, 604-532-6066.


EX-2 4 cecpr25mar03ypnappeditforedg.htm NEWS RELEASE PRESS RELEASE

PRESS RELEASE

Email:  INFO@CONTINENTALENERGY.COM

Web:  WWW.CONTINENTALENERGY.COM

Symbol:  OTC-BB:  CPPXF



YAPEN BLOCK ASSIGNMENT


Langley, BC, Canada:  MARCH 28, 2003 CONTINENTAL ENERGY CORPORATION (“Continental”, OTC-BB: CPPXF) announced today that it has received final approvals from Indonesian oil and gas concession regulators of assignment of a 90% interest in, and operatorship of, the Yapen Production Sharing Contract (”PSC”) pursuant to a farm out agreement closed last year between its Continental Energy Yapen Ltd. subsidiary and Indonesian operator PT Exspan Yapen (See the Company’s press release dated November 28, 2002).


The Company also announces the change of name of its Yapen PSC holding company from Continental Energy Yapen Ltd. to Continental-GeoPetro (Yapen) Ltd.


Continental-GeoPetro (Yapen) Ltd. retains a 10% carried interest in the Yapen PSC in accordance with the terms of the November 2002 farm out agreement.


The Company owns a 60% stake in Continental-GeoPetro (Yapen) Ltd.


Continental Energy is a small but aggressive oil and gas exploration company focusing its efforts on discovering major reserves in Indonesia. Continental owns interests in two high potential exploration properties under Production Sharing Contracts covering 3 million acres in Indonesia, the onshore Bengara-II Block in East Kalimantan and the offshore Irian Jaya Yapen Block. Continental also owns a stake in a Technical Assistance Contract for the development of the Bangkudulis Oil Field, East Kalimantan.


On behalf of the Board,


“Original Signed by Gary R. Schell”

___________________

Gary R. Schell, Director


No securities regulatory authority has either approved or disapproved the contents of this news release.

Certain matters discussed within this press release are forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, international terrorist acts, changes in local, regional or national economic or political conditions and other risks detailed from time to time in Continental's periodic filings with the US Securities Exchange Commission.

For more info please contact Craig Doctor,  Investor Relations, 604-278-4656 or Advisors, Alex Tassos & Associates 760-737-7000

Or Gary Schell, Director, at the Company’s Headquarters, 21795 64th Avenue, Langley, BC, V2Y-2N, BC, 604-532-6066.






No securities regulatory authority has either approved or disapproved the contents of this news release.

Certain matters discussed within this press release are forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Continental's periodic filings with the US Se curities Exchange Commission.

For more info please contact Craig Doctor,  Investor Relations, 604-278-4656 or Advisors, Alex Tassos & Associates 760-737-7000

Or Gary Schell, Director, at the Company’s Headquarters, 21795 64th Avenue, Langley, BC, V2Y-2N, BC, 604-532-6066.


EX-4 5 cecpr28mar03b2finderseditfor.htm NEWS RELEASE PRESS RELEASE

PRESS RELEASE

Email:  INFO@CONTINENTALENERGY.COM

Web:  WWW.CONTINENTALENERGY.COM

Symbol:  OTC-BB:  CPPXF


SHARES ISSUED


Langley, BC, Canada:  MARCH 28, 2003 CONTINENTAL ENERGY CORPORATION (“Continental”, OTC-BB: CPPXF) announced today that it plans to issue 900,000 common shares to several arms length individuals as compensation promised them for their instrumental role in introducing and assisting with negotiations with the Chinese consortium who recently concluded an agreement with the Company and farmed-in to a 40% stake in the Company’s Bengara-II production sharing contract. For details of the farm-out see the Company’s press release dated March 6, 2003. Valued at recent a recent market price of US$ 0.25 per share the total issue is equivalent to a finders fee of US$ 225,000. The shares so issued shall be restricted from trading until December 31, 2004.

Continental Energy is a small but aggressive oil and gas exploration company focusing its efforts on discovering major reserves in Indonesia. Continental owns interests in two high potential exploration properties under Production Sharing Contracts covering 3 million acres in Indonesia, the onshore Bengara-II Block in East Kalimantan and the offshore Irian Jaya Yapen Block. Continental also owns a stake in a Technical Assistance Contract for the development of the Bangkudulis Oil Field, East Kalimantan.


On behalf of the Board,


“Original Signed by Gary R. Schell”

___________________

Gary R. Schell, Director


No securities regulatory authority has either approved or disapproved the contents of this news release.

Certain matters discussed within this press release are forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, international terrorist acts, changes in local, regional or national economic or political conditions and other risks detailed from time to time in Continental's periodic filings with the US Securities Exchange Commission.

For more info please contact Craig Doctor,  Investor Relations, 604-278-4656 or Advisors, Alex Tassos & Associates 760-737-7000

Or Gary Schell, Director, at the Company’s Headquarters, 21795 64th Avenue, Langley, BC, V2Y-2N, BC, 604-532-6066.






No securities regulatory authority has either approved or disapproved the contents of this news release.

Certain matters discussed within this press release are forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Continental's periodic filings with the US Se curities Exchange Commission.

For more info please contact Craig Doctor,  Investor Relations, 604-278-4656 or Advisors, Alex Tassos & Associates 760-737-7000

Or Gary Schell, Director, at the Company’s Headquarters, 21795 64th Avenue, Langley, BC, V2Y-2N, BC, 604-532-6066.


EX-3 6 cecpr6mar03ab2foeditforedgar.htm NEWS RELEASE PRESS RELEASE

PRESS RELEASE

Email:  INFO@CONTINENTALENERGY.COM

Web:  WWW.CONTINENTALENERGY.COM

Symbol:  OTC-BB:  CPPXF


BENGARA-II  BLOCK  FARM-OUT:

CHINESE CONSORTIUM TO DRILL FIVE WELLS


Langley, BC, Canada:  MARCH 6, 2003 CONTINENTAL ENERGY CORPORATION, “Continental”, (OTC-BB: CPPXF) announced the farm-out to China Wisdom International (HK) Ltd. (“China Wisdom”) of a 40% share of Continental’s majority owned Apex (Bengara-II) Ltd. subsidiary and its million-acre “Bengara-II Block” production sharing contract (“PSC”) oil and gas exploration and production concession area located on and offshore East Kalimantan, Indonesia.

To earn its interest, China Wisdom is obliged under the farm-out agreement to pay the next US$ 720,000 of general and administrative and geological and geophysical expenditures made on the Bengara-II Block as a reimbursement of past costs. Additionally, China Wisdom shall pay for 100% of the costs of drilling, testing and completing five (5) exploration wells on the Bengara-II Block, three before end 2003 and two more by end 2004.

Continental’s subsidiary, Apex (Bengara-II) Ltd., shall continue to own 100% of the Bengara-II Block PSC. Upon fulfilling its farm-out agreement obligations China Wisdom shall have earned and take up a 40% share holding interest in Apex (Bengara-II) Ltd. Continental shall keep a 36% stake and existing partner, GeoPetro Resources Company, a 24% share. The name of Apex (Bengara-II) Ltd. will be changed to “Continental-Wisdom-GeoPetro (Bengara-II) Ltd.” (CWG-Bengara-II).

Once China Wisdom has invested the next US$ 720,000 cash and paid for and completed drilling the five exploration wells as per the farm-out agreement all further costs incurred under the Bengara-II PSC shall be paid for and shared by the three partners in proportion to their respective share holding interests.

Continental has named its President, Mr. Richard L. McAdoo, and its Chairman, Mr. Gary R. Schell, to the CWG-Bengara-II board of directors. China Wisdom has named its President, Mr. Wang Hong Jun, and Mr. Li Qiang to the board. GeoPetro has named Mr. S.J. Doshi. Mr. McAdoo is also named President and CEO of CWG-Bengara-II and Mr. Wang Hong Jun, also President of China Wisdom, is named CFO.

China Wisdom is newly formed Hong Kong company for this investment. It is owned by a consortium of mainland Chinese oil companies and investors including Sinopec Star Petroleum Exploration & Production Company, an affiliate of SINOPEC, the Chinese Petroleum and Chemical Corporation, (NYSE symbol: SNP) and Sichuan Petroleum Group Co. Ltd. an affiliate of state owned CNPC, China National Petroleum Company, group or PetroChina Company Ltd. (NYSE symbol: PTR) as it’s international affiliate is known.

Continental’s Chief Geophysicist, Mr. Jim Haebig, said of the five exploration wells that China Wisdom shall drill to earn its interest, “Jointly with China Wisdom’s technical experts we have selected the first five drilling locations that China Wisdom shall drill as part of its farm-in obligation. Two of the five wells are located onshore and will be drilled with a land drilling rig that China Wisdom plans to provide. The other three are located offshore but only in very shallow waters of depths of 10 to 30 feet in the delta of the Bulungan River. A barge mounted drilling rig will be needed to drill these. Each one of the five exploration wells to be drilled by China Wisdom shall test an entirely different play concept and the locations have been carefully chosen to enable testing of at least two and in some cases three and four vertically stacked zones which we hope have each trapped oil and gas accumulations. If any one of the 5 plays tested by the 5 farm-out wells successfully produces oil and gas then we already have identified numerous other drilling prospects associated with each play which would then, of course, become high priority drilling targets themselves. We would expect the cost of the onshore wells to total approximately US$ 4 Million each and the offshore wells about US$ 6 Million each.”


No securities regulatory authority has either approved or disapproved the contents of this news release.

Certain matters discussed within this press release are forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, changes in local or national economic conditions and other risks detailed fro m time to time in Continental's periodic filings with the US Securities Exchange Commission.

For more info please contact Craig Doctor,  Investor Relations, 604-278-4656 or Advisors, Alex Tassos & Associates 760-737-7000

Or Gary Schell, Director, at the Company’s Headquarters, 21795 64th Avenue, Langley, BC, V2Y-2N, BC, 604-532-6066.






President of China Wisdom, Mr. Wang Hong Jun, said following signature of the farm-out agreement, “This agreement culminates over one year of negotiations with Continental and a comprehensive evaluation of the oil and gas potential of the Bengara-II Block by our teams of technical experts. We are entirely confident that early exploration success will be achieved and that oil, gas and gas liquids production will be realized. We are planning to deliver two drilling rigs from China to the Bengara-II Block by mid summer to start drilling on our five exploration wells farm-in commitment. In addition to our five well exploration commitment we are eyeing a three well appraisal drilling program on the Bengara-II Block’s Makapan gas discovery with a view to early commercial development of that known gas, condensate and LPG resource. Continental and its technical team have done an exemplary job in already identifying many promising oil and gas prospects and drilling targets in the Bengara-II Block and our principal focus will be evaluating these prospects with the drill bit. Economic growth in China and the southeast and eastern Asia region is increasing at a rapid pace and there is a corresponding and ever growing demand for oil and gas in the region. Given current world oil and gas prices and possible supply disruptions in the middle east we are focusing on developing oil and gas supplies from other sources and the Chinese government has identified Indonesia in particular as a preferred source, making Indonesia the target for major Chinese oil and gas investment.”

Continental’s President, Mr. Richard L. McAdoo, said of the farm-out, “We are proud to welcome China Wisdom as our partners in the Bengara-II Block. China Wisdom shares our enthusiasm and confidence in the geological merits of the Bengara-II Block and its potential for realization of substantial oil and gas production and their five well drilling commitment represents an investment of approximately US$ 26 Million which reflects this confidence. Such investment represents over US$ 9 Million in direct value to Continental due to China Wisdom’s payment of drilling costs that would otherwise have to be paid by Continental to fund its 36% stake in the venture. The China Wisdom consortium also brings a tremendous amount of financial clout, technical resources and oil and gas expertise to the table and their partici pation with us as a partner will aid in our joint, early and thorough exploration and development of the Bengara-II Block to its fullest potential. In particular China Wisdom’s downstream experience, their stated intention to provide off-take agreements for any Bengara-II Block oil and gas liquids produced, coupled with their desire for additional investment in local petrochemical industries will provide ready markets for Bengara-II oil and gas and enable us to fast track any discoveries into commercial production.”

Continental Energy is a small but aggressive oil and gas exploration company focusing its efforts on discovering major reserves in Indonesia where it owns interest in production sharing contracts for two high potential exploration properties, the Yapen and Bengara-II Blocks, covering 3 million acres and a third development property for exploitation of the Bangkudulis Oil Field.

On behalf of the Board,

“Gary R. Schell”

___________________

Gary R. Schell

Director & Chairman of the Board


No securities regulatory authority has either approved or disapproved the contents of this news release.

Certain matters discussed within this press release are forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, international terrorist acts, changes in local, regional or national economic or political conditions and other risks detailed from time to time in Continental's periodic filings with the US Securities Exchange Commission.

For more info please contact Craig Doctor,  Investor Relations, 604-278-4656 or Advisors, Alex Tassos & Associates 760-737-7000

Or Gary Schell, Director, at the Company’s Headquarters, 21795 64th Avenue, Langley, BC, V2Y-2N, BC, 604-532-6066.






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