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Canacol Energy Ltd (Alberta) 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, 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

Comment by Georgieboy1on Apr 10, 2010 6:38pm
370 Views
Post# 16978518

RE: RE: CHEERS ALL AROUND DUDES!!!

RE: RE: CHEERS ALL AROUND DUDES!!!Wolf, you know that once we get close to the Colombian listing or shortly  as it gets listed there, the Colombian Fund Managers are going to be all over this one for sure!!! This is the first junior to be listed there and if you saw what happened with t.PRE when it got listed there in in Dec, the share price went up quite a bit...it didn't go ballistics  but at that time it went from $13 to about $15 plus, but with CNE since it'll be so cheap, you know that this is going to have a huge benefit for CNE's share price!!!
The $1 mark is within sight and we're going to blow by it just like we did when .50 and .60 cents were the benchmarks for this puppy!!! We have ourselves a huge huge WINNER!!! George
Once Again, I'm up in arms with t.CSI as well in a huge huge way!!! For anyone listening out there, CSI is a beauty!!!check out the bb posts there!
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