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Canacol Energy Ltd (Alberta) 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, 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

Comment by renoman1960on May 11, 2014 12:13am
200 Views
Post# 22548250

RE:RE:RE:RE:RE:RE:Making money now Dividend possible

RE:RE:RE:RE:RE:RE:Making money now Dividend possiblePandora your going to win on this one hang in there i was lucky and bought at .50 then .40 then 2.35 after the reverse 10 for 1 split  i have an average cost of 3.23 until the last purchase at 7.60. i was very lucky as i shorted Pacific Rubialies from 22.00 to 15.50 so just 1 lucky trade but i did buy in at 16.00 again and rode it till 20.00 heres a free one for you try mto.v i just purchased 100,000 last week at 15.5 cents and you could do extremly well with this gold producer, they do 50,000 ounces a year and are drilling a second mine that could have 10,000,000 ounces worth a look for sure i have just started to acquire and i think this baby has more potential than CNE
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