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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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Post by Georgeboy11on Dec 27, 2011 5:21pm
337 Views
Post# 19353118

Look for CNE to make a strong move tomorrow...

Look for CNE to make a strong move tomorrow...

it has almost reached it's year high on the US pink sheet:  CAAEF closed @ .71, year high there is .75! 

Huge volume today with price  appreciation from the US today is going to translate into CNE breaking back into the .75 range tomorrow??  A great way to move into  2012!!  George

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities