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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 Georgeboy11on Sep 01, 2011 6:29pm
333 Views
Post# 19004733

RE: RE: Updates forthcoming...

RE: RE: Updates forthcoming...$hit on a $tick, this thing has been trading erractically for the past few weeks now!  Just when we thought that we were going to break beyond a Buck, bang, we're back down again, then. just when we're ready to break back into the 90's, this $on of a beach, gets thrown back down again! 

Frustrated....yes....patience I have, so, we'll see!  But, comm'on, it was just about to get ready to move earlier then it got stuck in neutral and started going the other way.  Yeah, it's up .01 but let's rock it upward now that it's Sept!  George
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