Canacol Energy Ltd 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.

TSX:CNE - Post by User

Canacol Energy Ltd

Bullboard Posts

Comment by Crotchon May 18, 2010 12:30pm

426 Views

Post# 17109700

RE: Very Impressive!

Yes, you can almost smell the news!

There are so many reasons that this stock should be the #1 pick for any investor that likes Juniors. As George constantly points out, management is on the ball. They are consistent with their NRs (which makes DD pretty easy!) - unlike other Juniors who seem to be plagued with Pump and Dump syndrome.

We should see a banner week coming up very very very soon (I dare say imminent!). Now if only oil would start to inch closer to $80 again. I have a feeling that the inventory reports tomorrow won't help much.

Bullboard Posts

Unique Battery Metals opportunity in Quebec