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 thedave2005on Apr 29, 2014 7:47am

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Post# 22501221

Canacol is The Best! Growing Faster than OverPriced Buyouts

Canacol Energy Growing Faster:

1) Leono Oil Field 3,009 Barrels Per Well Now
2) Pantro New Oil Field
3) Labrador 1,850 Barrels Daily
4) Esperanza 9,000 Boed Dec/2015
5) Mono Arana 2,500 boed June/2014
6) Capella 55 Oil Producing Wells 2014
7) Ecuador 2,500 Barrels Daily 2014 (Dec
8) 3D Seismic 420sqKM LLA23
9) Shale Oil & Gas 2nd Largest in Colombia
10Heavy Oil 1,100,000 Acres Massive Reserves

(10 Reasons Canacol Energy Growing So Fast in Colombia, while Oil Majors in Colombia are Knocking at the Better Mouse Trap = CanaCol

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