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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.


TSX:CNE - Post by User

Canacol Energy Ltd (Alberta)
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Comment by Georgieboy1on Jan 26, 2011 12:46pm
360 Views
Post# 18029246

RE: A good deal by management

RE: A good deal by managementSome good thoughts here indeed, Patagonia!!  Looking at the share price it has indeed been well rec'd by the streets here.  Funny, I had some room yesterday and thought of buying an entire whack here but since I already have a sizable position I went to TCM instead. anyways, looking forward to the AGM next month. I'm sure Charlie and the boys will have something special for us long term holders!  George
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities