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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
Post by thedave2005on Apr 30, 2014 5:23pm
169 Views
Post# 22509628

Canacol $8.41 Up 265%, Open To Buyout CEO Gamba Says

Canacol $8.41 Up 265%, Open To Buyout CEO Gamba Says.Canacol CEO Talks Buyout Offers, Canacol Open To Takeover Offers Now 2014
 
Canacol energy CEO Gamba Has Been All Over The InterNet Telling Everyone Now in 2014 With Canacol Above $8.41 Per Share that Canacol energy is OPEN For Offers Good Offers $15? $20+? 
 
Gamba Says Two Very Large Colombian Oil Company were Looking at Canacol in 2013. Now However, as Canacol Hits More And More Reserves in Colombia LLA 23  Leono(1) Labrador(2) Pantro(3) Mono Arana(4) Gas Fields (5) 9,000 boed in 2015.
 
CEO Gamba Clearly Wants A Good Offer To Takeover and Buyout Canacol Energy in Colombia. Says Shale Production 2016/2017 with Canacol 2nd Largest Shale Oil & Gas in Colombia 545,000 Net Acres.
 
Therefore Look For More Shale Oil Farmouts With Exxon Soon. Southern Basin Shale like Canacol Did With Exxon, Shell & ConocoPhillips in Northern. Shale Blocks.
 
Thedave Has Been Correct All Along With Canacol $2.31 To $8.41 Going to $20+ Said. Mr Gamba Bought Gas Assets for Cash Flow/Reserves, but Mainly To Buy Time So Canacol was Not Taken Over Before $15/Share. IMO Oil Companies in Colombia Wanted Oil Production not gas. Thus a Very Smart Move By CEO Of Canacol.
Canacol Reserves now 45,000,000 Barrels. With Massive Shale & Heavy Oil Reserves Going Forward.
 
Buyout Offers Welcome CEO Gamba Says Now! We Think Canacol's CEO Has The 3D Seismic and Pull To Sell 90% Canacol and Keep Some Good Bits To Start a New Oil Exploraco. 
 
Food For Thought, But Remember TheDave Has Been Correct Every Time on Canacol Energy ...Read My Blogs on Stockhouse Or Just Google Them! Rubiales Should Have Read My Blogs lol FACTS!
 
Good Luck To All, So Happy Canacol Up 265% Thedave!
 
 
Bullboard Posts