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.

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Canacol Energy Ltd

Bullboard Posts

Comment by sgandzaon Mar 15, 2012 9:23pm

287 Views

Post# 19678157

RE: RE: Capella 2 Billion Barrel Reserves News

Yep, I actually wanted to free up some cash for another play and sold my postition a few days ago. I don't want to say it's his fault, but I get tired of reading the same "Decter says triple" dribble 10 times a day. So I lost interest in researching/monitoring this stock - and nobody posts on here anymore because all he does is fill up the board with the same junk. If he is trying to promote the stock, he is having the opposite effect.

I'll get back in when I think it is starting to run again.

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