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Canacol Energy Ltd T.CNE

Alternate Symbol(s):  CNNEF

Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5 and VIM-21 blocks located in the Lower Magdalena Basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). In addition to its producing blocks, the Company also has interests in several natural gas exploration contracts in Colombia.


TSX:CNE - Post by User

Bullboard Posts
Post by duderonon Jan 17, 2011 9:44am
421 Views
Post# 17982807

Pffft..

Pffft..Find me one domestic O/G company that reports a 4000 BOPD well and the S/P goes down...Not sure why the disconnect with the market with continually stellar results from Canacol, yet the price does nothing.  Even with the net production that this "measly" 4000 gets us its still money in the bank. And a lot of it. Oh well...good luck
Bullboard Posts