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Canacol Energy Ltd T.CNE

Alternate Symbol(s):  CNNEF

Energy Oil & Gas E&P
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

Canacol Energy Ltd
Bullboard Posts
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(1)
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Comment by teomaxon Nov 09, 2011 10:02am
375 Views
Post# 19221864

RE: Further dilution - not cool

RE: Further dilution - not coolquite intelligent to finance the acquistion with shares being close to yearly lows...i am sure they could partly use some of their cash or get a credit line, but why....when you can drill shareholders for the money. hopefully it will be good acquistion at least.....
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities