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Canacol Energy Ltd 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 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

Bullboard Posts
Comment by Georgeboy11on Feb 25, 2012 11:11am
476 Views
Post# 19584972

RE: Summary fo some old news

RE: Summary fo some old news

Tis oughta give CNE another bullish boast Monday Morning!!  Easily @ $1.10 on Monday!!  If we can get to $1.15 to $1.20 before the next NR, then me thinks that we've reached the next stage that would make the last 7 months or so forgettable! George, btw, Crotch, remember those days a few summers ago when CNE went crazy, umm,, those days are set to begin once again when we've reached $1.20 and beyond!  Wonder where our young scholar, Danno, went, remember, him?  On the other side, $hiningstar is no longer wanting to show his pretty face here again anymore after posting gibberish that CNE was going to tank when we were in the low 60's!!  One more thing, Crotch, told ya about DCY @ .05,still keep it on your screen, my friend!

Bullboard Posts