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 May 08, 2014 11:43pm

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Post# 22542054

Canacol's New Oil Field Pantro Mirador Reservoir Oil Flows

......Canacol New Oil Fields every month lately, Reserves At 50,000,090 and Griwing Fast, 20,000,000 boe Adding thus Summer as Esperanza Drills 3 Massive fields.

Thedave (Canacol $20+ By 2015 Love it) Love The Fact CEO Gamba Doing a Great Job Growing Canacol Energy into World Class Colombian Oil Producer. Notice Everytime Canacol in Buyout Talks CEO Gamba Issues Shares? Buys Shona, Buys Carrao, Issues Shares $7.90/share. This has Kept Buyouts at bay... Time to Grow Canacol to $20+ By 2015.
Thedave on Canacol Energy (CNE)

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