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.

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Canacol Energy Ltd

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Post by thedave2014on Jul 09, 2013 10:32am

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Post# 21596153

$66 Netbacks for Canacol Labrador 1,2,3Leono 1,2... $66 Per Barrel Profit

Canacol energy 10,000 Barrels daily now, as $66 Netback per barrel Labrador pushes Canacol energy Up in Price told you...

. $8 by Dec 2013 also said....like TD Analysts price target...Great news Canacol energy Leono company maker...

Canacol Energy a Top Pick in Colombian Oil

Profitable and Growing Fast Both Reserves and Production

Esperanza will Produce 9,000 boed itself in 2 years, fact is 15,000 boed by Dec 2013 = Canacol Energy.

Cheers thedave014