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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

Post by longrunon Aug 15, 2014 11:49am
170 Views
Post# 22846410

BNN talking Heads

BNN talking Heads
Signal
Expert
Opinion
Price
2014-07-30 PAST TOP PICK Peter Imhof
(Top Pick July 11/13, Up 116.26%) Started buying when he moved to AGF.  They did a big financing and people participated.  He really likes the story,  A lot of news coming out over the next 4-5 weeks.  A lot of catalysts in the next 6 months.
 
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Price:
$7.190
Subject:
NORTH AMERICAN - SMALL
Bias:
SELECTIVE
Owned:
Yes
2014-05-21 COMMENT Robert Lauzon
Recently bought this off a recent financing and is a little disappointed in how the stock has performed post that. This is primarily in Colombia. Prefers Gran Tierra (GTE-T) and Parex (PXT-T) over this if you want exposure to South America.
 
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Price:
$7.240
Subject:
ENERGY
Bias:
BULLISH on ENERGY
Owned:
Yes
2014-05-07 COMMENT Peter Imhof
Has been a Top Pick in his last 3 appearances at $2, $4 and $5 and has done extremely well. Came out with some excellent exploration results that were 2900 BOEs with about 2300 net to them. Continuing to cash flow very well and their net backs are increasing. Just raised $125 million. Really likes the story and thinks you will hear a lot of good news. There are some big targets out there for over the next 6 months.
 
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Price:
$7.680
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
Yes
2014-04-08 TOP PICK Brian Huen
Primarily in Colombia. Extremely prospective. Oil and gas. Cash flow growth of 40%+ year-over-year. Thinks the production guidance is conservative and will be re-rated. Extremely strong balance sheet that allows them to execute their business plan. Have big partners that will help them finance growth going forward. It will be volatile, but for somebody who is patient and likes growth, this is one you definitely want to own.
 
 
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