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)

Bullboard Posts

Post by Crotchon Apr 19, 2011 2:47pm

293 Views

Post# 18455216

SP Drop vs Insider Selling - connection?

Is there any insider selling? Canadian Insider shows the last reported selling was from Mar 7 - is that accurate? Nothing at all during this recent sllide - is that a good sign?

If so, I think it adds just a little more fuel to the fire, eh? Anyone have some insight they'd be kind enough to offer?

In other news, $1.26 - yay.

Bullboard Posts

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