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 12, 2014 9:16pm

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Post# 22553215

18,000 Barrels Daily $12/Share Canacol Like Parex 2014

Canacol Energy 18,000 Barrels per day soon. Parex $12 in Colombian oil With 108 Million shares...just like Canacol 108 million shares after Share Issue. However Canacol's Reserves 60,000,000 Very Soon...In My Top Blog on Stockhouse Thedave ...Said Canacol The Kings Of Leon.o 33,000,000 Going To 100,000,000 Barrels Reserves By 2015. Looks Good

Cheers Thedave

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