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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Comment by Georgieboy1on Jul 21, 2010 9:08am

283 Views

Post# 17284183

RE: Could be a big day tomorrow...Colombian press

Good fine, C, thanks for posting it! If the mkts are bullish tomorrow, particularly with oil, then watch for CNE to move on the BVC tomorrow then as you can bet that the media coverage is going to be big!!! CNE the next PRE would/could be the headline over there and here in North America!!
FLICK, remember, put on that MILLION $$mile when the camera (both from TV and Print) are on!! George

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