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 Crotchon Apr 24, 2012 10:55am

171 Views

Post# 19828468

RE: RE: RE: RE: C7,Mira,LosCuerB, Guad,Gacheta,Uba

hahah, I have never claimed to be an expert in anything, lol. My posts - over the last 3 years on CNE have ranged from positive to negative, and a lot in between. I do not "pretend" to have any degrees related in any way shape or form to the oil and gas industry. Feel free to attack the argument next time though. >

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The investment impact of the U.S. 25% tariff on Canadian imports