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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.

TSX:CNE - Post by User

Canacol Energy Ltd

Bullboard Posts

Comment by 1thedave2006on Nov 04, 2014 9:27am

64 Views

Post# 23091746

RE:RE:RE:Labrador6,Leono3,Tigro2,Pantro2.Wells 13 LLA23

Labrador6,Leono3,Tigro2,Pantro2.Wells 13 LLA23

Already 4 Light Oil fields at LLA23
In Fact Production of 15,000 barrels just at Rancho Hermoso
Canacol has 22 or more Oil Fields on its 115,000 Acre LLA23 Llanos Block
$67 per Barrel Netback Canacol energy

Thedave Cheers$

Read more at https://www.stockhouse.com/companies/bullboard/t.cne/canacol-energy-ord#cpdpw17Y5pEo2fUo.99...

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