Canacol Energy Ltd 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 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

Canacol Energy Ltd

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Comment by Georgeboy11on Oct 29, 2011 5:30pm

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Post# 19192856

RE: #99, #33 NOT CNE

Remember, patience always pays off and just when you lose your patience, bang, it starts to move! CNE's story hasn't changed, but many impatient investors' hands have changed. sit tight and we'll be alright!

Dr. Z, looking for a breakout of a junior, look no further than my cooper gem: v. DCY! Sandwiched inbetween New gold's Afton mine and Abacus's Ajax mine. Sweet looking there, my friend. Next week shall be sweeter, I'd think! george

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