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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)

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.

TSX:CNE - Post by User

Canacol Energy Ltd

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Comment by thedave2005on May 11, 2014 9:00pm

264 Views

Post# 22549262

RE:Canacol Raises $364,000,000 To Drill Massive Colombian Oil

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Canacol Raises $364,000,000 To Drill Massive Colombian Oil

....Canacol Raises $364,000,000 To Drill Massive Colombian Oil Canacol energy has Raised $144,000,000 in Bought Deal at $7.90/ Share Canacol has also Just a low interest loan at $220,000,000 thus in a Month The Very Smart CEO of Canacol has Put together $364,000,000 to Drill their Massive Oil Fields in Colombia Canacol Going To $20+ Truly by 2015. raised a million per day Awesome News for Canacol (cne. Thedave on Stockhouse ....

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