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 and VIM-21 blocks located in the Lower Magdalena Valley basin in Colombia. The Company’s 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. It operates over 1.5 million net acres in 14 exploration and production contracts in Colombia, with 11 of these contracts focused on exploring for and developing natural gas. These blocks are all located in the Lower & Middle Magdalena Basins of Colombia.

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Canacol Energy Ltd (Alberta)

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Post by noble13on Mar 03, 2010 5:54pm

470 Views

Post# 16840102

Quotes from Georgieboy

Jan 22   TD/BMO?Instinet all picked up 20,000 shares "something positive is up!"   Close .73
Jan 26   Loving how CNE is closing here each and every time.                                    Close .70
Jan 29   just be a tab patient here my friends!!! Wink wink wink!!!                              Close .66
Feb 02   Good support here with CNE!!!                                                                           Close .64
Feb 04   M Partners on the buy Things are adding up!! TIA George                              Close .55

And here we sit at .53. Listen to Georgie at your own risk. The smart ones were selling in January and buying back now.

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