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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 Crotchon Aug 18, 2014 11:58am
231 Views
Post# 22851994

Greetings/Meetings?

Greetings/Meetings?
Just received this from Kevin Flick - not sure if it was intended for a general audience:

There appears to be a capital markets dislocation in Canacol’s shares. I can book flights to any city in North America or make myself available for conference calls anytime this week ahead of a Saturday trip to Bogota. I can be on a plane immediately.
 
My objective is to explain the soundness of our operations and my confidence in forward outcomes.
 
Ready to accommodate your schedule with an interest in solving this riddle.


Good luck to the holders of this stock.
Bullboard Posts