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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
Comment by thedave2005on Jun 03, 2014 6:17pm
218 Views
Post# 22626820

RE:RE:Leono 3 Should. Be 3,000 Barrels Daily, Labrador 4 1800 boed

RE:RE:Leono 3 Should. Be 3,000 Barrels Daily, Labrador 4 1800 boed....

RE:Leono 3 Should. Be 3,000 Barrels Daily, Labrador 4 1800 boed

...

Leono 3 Should. Be 3,000 Barrels Daily, Labrador 4 1800 boed

CEO Gamba Issued Canacol Shares @$7.90 to Drill Up LLA23 High Netback Oil Reserves, furthermore Canacol's CEO was getting a lot of Interest about Possible Takeover of Canacol Energy. At $8 per share Gamba Reasoned this is not the time. 
First, let Canacol Prove Up Reserves like 50,000,000 boe Esperanza Gas Block. LLA23 Light Oil Massive Reserves Stacked 6 Reservoirs Deep. Shale Oil & Gas Blocks Partnered with World Leading Oil Majors Exxon, Shell, and ConocoPhillips. 
Mr. Gamba Truly Believes That Canacol's Best Days are Just Ahead of it. Canacol Energy Will Trade in The $20s 2015. 

Thedave on Stockhouse Blog.

Read more at https://www.stockhouse.com/companies/bullboard/t.cne/canacol-energy-ord#KLVB0hYOVOWuAXcm.99
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