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.

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Canacol Energy Ltd (Alberta)

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Comment by Iran150on Mar 21, 2012 9:53am

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Post# 19699083

Decter on BNN Loves CNE

Makes me very happy to see these Great Analysts, big buyers of Canacol Energy TOP 3 he says> .Decter on BNN Today March 19/ 2012 1.30 part 2 Canacol Energy (cne) = "Dramatic Upside, and Rapid Growth in Oil Production, we own and like Canacol Energy (CNE), one of our TOP 3 International Picks. Canacol is putting over $160,000,000 into oil wells this year (2012. They are now a Solid Oil Producer. That will have a rapid performance over the next 12-18 months. (CNE) At $1 Worth Buying and Putting Away." Decter on BNN Today.. CNE Going $3 imo 2012..

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