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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

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Post by thedave2O12on Aug 14, 2012 6:40pm
167 Views
Post# 20217579

I Blogged this end2011 on CLL, CNE Next

I Blogged this end2011 on CLL, CNE Next

.CONNACHER OIL (CLL ceo of Connacher buys 125,000 shares \.......>>>> IS IT A TAKEOVER TARGET AS IT IS IN TALKS FOR A PARTNER ON IT'S HUGE OILSANDS PRODUCTION 650,000,000 BARRELS RESERVES ON 100,000 OILSANDS PRODUCING ACRES.... IN TALKS FOR JOINT VENTURE AT PRODUCING GREAT DIVIDE (ALGAR OIL POD) YET AT ONLY .36 CENTS PER SHARE CONNACHER OIL IS A TAKEOVER TARGET NOW.... imo AND IN MANY ANALYSTS VIEW CHINESE INTO LONG TERM OIL PLAYS WITH OILSANDS ONE OF THE SAFEST AND BEST PRICED. OILSANDS CHINESE ARE BUYING BIG BIG BIGTIME $15,000,000,000 IN THE LAST 18 MONTHS WITH $100 BILLION YES $100,000,000,000 IN THE NEXT 10 YEARS OR OVER 10 BILLION $$$$ PER YEAR IN THE OILSANDS CONNACHER OIL WILL BE BOUGHT... imo Connacher oil (cll) See What you think, i'm in. Cheers Good Luck = Oil and more Oil.

Well I'm Good Connacher oil just Raised $200,000,000 for 2 little units More than there Market Cap of only $195M...  Canacol Buyout $1 per share in 2012.  You Have my Fantastic Record, always called Arawak Energy .33 to 90cents takeover and Bow Valley Energy, not in Colombia so lets keep with Colombian Takeovers.

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