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

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Post by thedave2O12on Aug 14, 2012 4:43pm

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Post# 20217170

CEO Gamba Do U Like $1 Buyout CNE?

CEO Gamba would you like $1 per share Buyout of Canacol Energy now, Kevin Flick would you, lol we know we know, cash those options at $1 per share come on boys tell the shareholders the truth Yes U Can. Well Canacol energy been trading in the .40's for a while now, $1 per CNE share is fair for us, I mean shareholders... Canacol Energy IMO buyout coming soon 2012. WATCH SEE IF THIS DOES NOT HAPPEN, imo you were told. So at this price .42 looks solid. Exxon, Shell, Sinochem, Ecopetrol, Schlumberger, and Pacific Rubiales.

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