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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

Post by oilwatcher13on Feb 17, 2021 10:46am
203 Views
Post# 32584148

Gamba Clown Show...!!

Gamba Clown Show...!!CNE has not purchased / bought back any shares since the end of December because they are not even covering the divy expense right now with the current expenditures and gas sales / production levels.

Dead money until 2024... funny he hasn't announced the consortium who will own the 75% of the new pipeline. CNE is funding 80 million to design / engineer and build it... take all the risk then sell it to his buddies as a no risk investment.

Gamba's personal ATM continues....

JMHO
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