Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by boredhousewifeon Oct 04, 2012 4:26pm
245 Views
Post# 20449311

RE: Any ideas why this thing is stuck at $0.45

RE: Any ideas why this thing is stuck at $0.45

Strangling the stock almost on purpose.. Volumes have been good.. today and yesterday same houses were buying and selling to each other. canacord genuity and CIBC world being a pain. Today maquire weath bought quite a bit..My guess they want to keep it down like they are waiting for something ..True I agree with you CNE has had good news it's earnings a bit offish however not that bad, no reason why this one does not at least go up a bit more with the market at least...Could be they are waiting for peace talks on the FARC to take place and more results from CNE...The movement seems to be more at the EOD trading..Columbia itself is shaping up in my opinion with talks with China ad their stragtegic ways of letting foreign investing and more tourism and creating jobs... Anyone else have thoughts??? JMHO

Bullboard Posts