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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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Comment by Georgeboy11on Dec 30, 2011 7:31pm
317 Views
Post# 19361246

RE: RE: $hitbir, let's see you take CNE to .75 tod

RE: RE: $hitbir, let's see you take CNE to .75 tod

$hitbir, good to see you helping us out to close above my estimate of .75 today! 

Hey, if you can get your people to check out my v.DCY then that would be greatly appreciated!  Tell y'a, DCY is going to be a great play for 2012, my friend! 

 

Ok, back to CNE, I strongly believe that Charle has something to tell us @ the AGM that will add to the value of our share price!  Good to see us exit 2011 out of the .60 - .66 range.  remember, we were in the .32 - .345 range for months and then when the AGM came near the end of Jan, we started moving from there to .48 and the rest was history. 

 

Desertmule, Bloodhawk, Patagonia, do you guys have any thoughts on CNE as we move forward to 2012.  Me thinks that CNE will be a takeout candidate in 2012!  George

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