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 Aug 10, 2010 6:45pm

626 Views

Post# 17339284

An EXCELLENT RUN in the last 45 mins

even though we were up .01, it was the way it closed that has me excited!!! CIBC was on the buy side! Me thinks that CNE has another release forthcoming??May not be tomorrow, but much sooner than we all think! I like it and y'all should really check out the next squeeze, v.ADG!!! Good stuff! George

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WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!