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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 Georgeboy11on Dec 21, 2011 6:37pm
379 Views
Post# 19343552

RE: RE: Alert Fraser Mackenzie Starts StrongBuy

RE: RE: Alert Fraser Mackenzie Starts StrongBuy$hitbar, you better believe it, t.CNE is a strong strong buy, my friend.  Trading volume over the past few days and particulalry today, looks like CNE is in for a good start to 2012!!  My crystal ball sees CNE has a takeout target by exit 2012.  Thoughts/comments here welcomed!  George  BTW, my bet's on a Chinese company!
Bullboard Posts
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