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

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Comment by Crotchon Apr 04, 2013 9:06am

216 Views

Post# 21209334

RE: RE: RE: RE: RE: Cutting cost....

I've been in and out of this stock for 3+ years now. I still have some expectations for growth, but they are nowhere near the crazy talk I see on the board on a regular basis.

I'm not bashing either. If you knew this company's track record you'd be much more pragmatic in your assessment.

Shorting? By way of a rarely-viewed bulletin board? Yeah, that seems like sound logic. No need to post here to scare off weak hands - the ever-declining SP and lack of news should be enough for that.

So no, your questions aren't very hard to answer. What they do however, is reveal the fact that you're living in an echo chamber. Good luck.

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