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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
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Comment by 1thedave2006on Nov 15, 2014 12:32pm
143 Views
Post# 23132506

RE:RE:3D Seismic Canacol's New Oil Fields Found

RE:RE:3D Seismic Canacol's New Oil Fields Found ..3D Seismic Canacol's New Oil Fields Found
 
Canacol Energy In Llanos Oil Basin Has some 18 To 22 
Light oil fields according to New 3D Seismic Program.
$300,000,000 Cash Now, Canacol energy has the Funds 

with 6 Rigs Drilling up production anc Reserves in Colombia

Cheers TheDave's Blog On Stockhouse.ca......
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Dealroom for high-potential pre-IPO opportunities