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Canacol Energy Ltd (Alberta) 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, VIM-21 and VIM-33 blocks located in the Lower Magdalena Valley basin in Colombia. Its production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). It supplies approximately 17% of the country’s gas needs and more than 50% of the Caribbean Coast’s gas demand. Its gas fields which produce from the Cienaga de Oro and Porquero proven reservoirs are connected to its central Jobo gas processing and treatment facility through more than 169 kilometers of flow lines, mainly flexible steel flow lines. The Company operates over 1.5 million net acres in 11 exploration and production gas contracts in Colombia, located in the Lower & Middle Magdalena Basins. Its natural gas processing and treatment facilities consist of three plants.


TSX:CNE - Post by User

Canacol Energy Ltd (Alberta)
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Post by Georgieboy1on Jan 19, 2010 3:40pm
568 Views
Post# 16696491

Junior's article and the AGM

Junior's article and the AGMtwo good reasons why CNE will soon be realized by others!!! Remember, at the AGM, there were brokers and investment bankers!!!!Why was Raymond James on the buy today???Put it altogether and you'll see that we're going for a run!!!  Horizontal drilling on the RH well....this is getting good with the best yet to come till Q2!!! George BTW, good to see you back here, Hiker!!!
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