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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Comment by thedave2O12on Aug 20, 2012 11:32pm

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Post# 20240201

RE: thedave2012 I have Talked to Management

I have Talked to Management of Canacol energy, and it seems clear IMO that they are wanting a Buyout a takeover to be ought by an oil Major, remember Partners with Sinochem, Exxon, Shell, Ecopetrol, Schlumberger, and Great Pacific Rubiales.Again ask CEO Gamba or Mr Flick if they will take an offer for $1 per CNE Share.. thedave2012 called Ithaca PetroMagdalena, Petrolifera, UTS Energy, Nexen,Solana Resources, soon IMO and looks buyout Canacol. Still say Talisman also and Petrominerales..

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Visionstate set to leverage success in the U.S. market