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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
Post by thedave2O12on Aug 14, 2012 2:00pm
252 Views
Post# 20216132

Caguan Heavy Oil Found Canacol Energy

Caguan Heavy Oil Found Canacol Energy

..Canacol energy drilled and found billions barrels at Capella oil field in Caguan Basin beside Portofino as drilling starts Pacific Rubiales ans Canacol energy Partner at Portofino >>> CANACOL Energy and Pacific Rubiales in Caguan Basin both have HUGE acres there Canacol 1,000,000 and Pacific Rubiales just below Canacol's acres, thus CAGUAN BASINS HUGE TO PRE FUTURE, as everyone knows there Rubiales field goes back to Colombia in a few years.Partners now in PORTOFINO.
LOOKS clear that Canacol energy will be taken over in 2012, like my BLOGS HAVE SAID BEFORE, huge oil reserves drilling up now PACIFIC RUBIALES KNOWS, in fact they lose Rubiales field in a few years so look at the dots... PORTOFINO CANACOL 1,000,000 ACRES AROUND IT $$$ Capella billion barrels FACTS!.

Bullboard Posts