Canacol Energy Ltd (Alberta) 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, 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

Canacol Energy Ltd (Alberta)

Bullboard Posts

Comment by renoman1960on Nov 19, 2013 12:29pm

179 Views

Post# 21919513

RE:RE:RE:RE:4.50 on pre-market

So true BUT at 3 million profit 1st quarter or .03 cents that means 12 million or .12 cents a share without any growth already up 500 barrels last month for the month and if we hit on any of the wells we are drilling now and new gas contracts the future does look very very bright 6.00 should be here soon and thats 25% from the 4.50 level this morning I just bought more today but i have been in buying for a year and a half so i needed these dips to average down finally above board so I have my fingers crossed

Bullboard Posts

Who, why, and what of the great "Crypto Surge"