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.

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Canacol Energy Ltd (Alberta)

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Post by Georgieboy1on Jun 02, 2010 7:37pm

504 Views

Post# 17152404

Comm'on feel the noise, can't you

feel the heartbeat of CNE here!!! Man oh man, this is set to explode!! Colombian listing in about 10 days!! The hiring of FLICK could not have come at a better time! Hey, SweetCrystal, MaySteeler, Sellhi, and other wannabes, watch our little gem move right before your very eyes! Sellhi, I know that you sold in the 80's but we have a long ways to go before CNE sleeps just yet! $3 by exit 2010?? George

Bullboard Posts

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