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Canacol Energy Ltd (Alberta) 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, 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.


TSX:CNE - Post by User

Comment by jmlguyon Jan 07, 2013 2:45pm
242 Views
Post# 20806601

RE: RE: New shares (TD's response.)

RE: RE: New shares (TD's response.)

Thank you for your inquiry. Whenever a security undergoes a split or exchange into a new name/symbol, accounts are updated as soon as the depository allocates the new shares to our clearing firm. Allocation is usually done once the depository receives the new shares from the company. Regarding CAAEF, we are working to contact DTC to get a timeframe when the shares will be delivered and will continue to monitor the event. Your account will be credited once the shares are received with no further action required on your part. Please contact us again if you have any questions.       ( My shs are, or hopefully will be held in my existing U.S. acc. with TD; my 30,000 old will be 3000 new CAAED, which is U.S. symbol. I honestly thought a large player like TD would have been able to expedite this relatively easy reverse split....my bad? )
 

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