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.

TSX:CNE - Post by User

Canacol Energy Ltd

Bullboard Posts

Comment by boredhousewifeon Dec 20, 2012 11:48am

368 Views

Post# 20756027

RE: early trade good bye penny flippers

Well one no one can sell their shares until the investment accounts are adjusted which takes a bit depending on who you trade with.. Unless you want to pay big commission fees for your investment account to be sold by your broker..Or you wait and let the change of shares of the consolidation which normally takes about a week to see the change in your account.. The markets are on hold right now until somehting breaks witih the fiscal cliff.. TSX holdiays.. Hopefully investors get some sort of stocking stuffer from Congress before the holidays start...Guessing stocks pretty much on auto trade for the next few days...JMHO