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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Comment by thedave2014on Aug 11, 2013 9:04am

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Post# 21662059

RE:RE:RE:Canacol Energy Buyout By Pacific Rubiales in 2014? Analysts Now Think Takeover May Happen!

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Canacol energy in 2014 Takeover/ Buyout imo....with Sinochem, Rubiales and exxon Top 3 Takeover Can......In Fact Tachuelo 1 Oil Well drilling in 3 weeks, Looks like Pacific Rubiales will buyout Canacol energy in 2014 Rubiales has the Strong Cash flow! Already Partners, like Petromag. was before PRE.to. bought them! Fact!

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