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Canacol Energy Ltd 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 and VIM-21 blocks located in the Lower Magdalena Valley basin in Colombia. The Company’s 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. It operates over 1.5 million net acres in 14 exploration and production contracts in Colombia, with 11 of these contracts focused on exploring for and developing natural gas. These blocks are all located in the Lower & Middle Magdalena Basins of Colombia.


TSX:CNE - Post by User

Bullboard Posts
Post by hotrokon Jun 24, 2011 3:10pm
428 Views
Post# 18762839

dont know what to make of today's action

dont know what to make of today's actionanyone care to comment what the heck is going on?  looks like cannacord and sprott have dominated today's action.  dont like the huge volume and the fact stock is down 2 cents... seems like ppl are running out the door big time.. 
BUY    
  % Shares
Sprott Securities Inc. 49.4% 12,469,000
Canaccord Capital Corporation 27.5% 6,942,500
National Bank Financial Inc. 12.3% 3,108,710
Unknown 3.7% 934,500
BMO Nesbitt Burns Inc. 2.9% 721,000
TD Securities Inc. 1.7% 436,500
RBC Capital Markets 0.9% 237,150
Paradigm Capital Inc. 0.6% 161,000
The Jitney Group Inc. 0.5% 138,500
Scotia Capital Inc. 0.2% 61,700
HSBC Securities (Canada) Inc. 0.1% 25,000
CIBC World Markets Inc. 0.1% 24,400
Questrade Inc. 0.0% 100
Total 100.0% 25,260,060
SELL    
Canaccord Capital Corporation 55.9% 14,130,500
Sprott Securities Inc. 32.0% 8,081,000
National Bank Financial Inc. 8.5% 2,150,000
Unknown 1.7% 419,500
TD Securities Inc. 0.8% 211,000
The Jitney Group Inc. 0.3% 88,000
GMP Securities L.P. 0.3% 75,000
RBC Capital Markets 0.2% 41,000
Jennings Capital Inc. 0.1% 34,500
BMO Nesbitt Burns Inc. 0.1% 28,000
Haywood Securities Inc. 0.0% 1,560
Unknown 0.0% 0
Unknown 0.0% 0
Unknown 0.0% 0
Total 100.0% 25,260,060
Bullboard Posts

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