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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 Jul 27, 2010 8:43pm
289 Views
Post# 17301744

RE: RE: IT APPEARS THAT THE TRADING

RE: RE: IT APPEARS THAT THE TRADINGDanny, tougher to follow, but you know, I much prefer this as we know that these shares are going to the big boys not the retailers!!! Only the big boys buying for their funds!!  Wait until the fat big boys come back from their holidays later in August, come Sept, watch CNE start making some waves again!! 
How 'bout this thought:  After the G results, which should be in Nov/Dec, mgmt decides to make a move on to the big board: TSX or NYSE??  Hey, you never know  because by then, we'll be at $3 plus. Who knows, but it's food for thought!
FLICK, let mgmt know about my idea here, ok?  George
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