Canacol Energy Ltd (Alberta) 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, VIM-21 and VIM-33 blocks located in the Lower Magdalena Valley basin in Colombia. Its 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. The Company operates over 1.5 million net acres in 11 exploration and production gas contracts in Colombia, located in the Lower & Middle Magdalena Basins. Its natural gas processing and treatment facilities consist of three plants.

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Canacol Energy Ltd (Alberta)

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Comment by yoplaiton Nov 29, 2012 11:35am

288 Views

Post# 20660386

RE: RE: RE: RE: Re Re Re Re Re Re: AGM

Just realized I've made several reference to VMM3 with Exxon...VMM2 is associated with Exxon...sorrry for any confusion this may have caused. My BAD!

Also in digging into the notice of meet pg 14/15 Execution Copy items 2.3 and 2.4 show that Shona already has 40% of the required 67% needed to pass. CNE only has 2.4% of its 50% voting requirement secured.

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