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Canacol Energy Ltd (Alberta) 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, 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

Canacol Energy Ltd (Alberta)
Bullboard Posts
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(1)
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Comment by reapiton Jul 24, 2014 9:55pm
213 Views
Post# 22780558

RE:RE:RE:RE:Q4 production

RE:RE:RE:RE:Q4 productionProduction numbers are just or will be shy of expectations but the feature that will show integrity is the volume they will have in the future. it's a win win situation this stock. If the rebels behave we will see a gloat around the corner. 1.46x 6(x) will push us past 9.55 in 45 days.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities