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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

Comment by oilwatcher13on Nov 08, 2021 2:53pm
158 Views
Post# 34101403

RE:2025 senior notes. https://www.prnewswire.com

RE:2025 senior notes. https://www.prnewswire.comGAMBA FACTOR IS.... we are renegotiating the senior notes to obtain a better rate in the market and remove some terms we dont like before the rates start to rise but wait for it... here it is...

WE ARE UPSIZING THE VALUE OF THE NEW NOTES TO INCREASE THE CNE DEBT THAT WE CAN NEVER SEEM TO PAY DOWN BECAUSE WE REALLY CANNOT MAKE ANY MONEY.... BUT WE LOVE TO SPEND IT.

THE GAMBA FACTOR / SHAREHOLDERS TAKE ALL THE RISK ON THE NEW MEDALLIN PIPELINE AND THEN I SELL IT TO MY BUDDIES TO MAKE ALL THE MONEY...

JMHO
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