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Canacol Energy Ltd 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 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

Bullboard Posts
Comment by thedave2014on Aug 06, 2013 2:56pm
92 Views
Post# 21652175

RE:RE:LABRADOR, LEONO, RH. = Light OIL, Shale 19 Oil Wells,Gas 50 M, Heavy Oil Billions Barrels

RE:RE:LABRADOR, LEONO, RH. = Light OIL, Shale 19 Oil Wells,Gas 50 M, Heavy Oil Billions Barrels
..

CANACOL ENERGY
LABRADOR.  LEONO.  RANCHO  HERMOSO.  LIGHT OIL $70 NETBACKS
ECUADOR  2,000 BARRELS  DAILY  SOON
3,100 BOED GAS  with 50,000,000 reserves
Capella and 1,100,000 acres Billions Barrels heavy oil, chinese buyout, Pacific Rubiales Partner.
SHALE  OIL  19  OIL  WELLS over next year
Santa Isabel at target already, oil shows in mud pits now.
Canacol energy imo $11 per share in 2014 very easy, even thedave thinks $8 at least in 2013.
Cash flow and Profits, Netbacks Canacol never Better
Canacol energy Going From $2.30s to $8 per share, and TD Sec Analysts. Furthermore, 2014 CNE $11+ per share as Shale Oil Reserves and heavy oil land sales make Canacol energy Hit All time high $.  Ignore the Basher/Aliases. Canacol Stock of the Year Hitting Oil with 7 Oil Majors as Partners








 

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