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.

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Canacol Energy Ltd (Alberta)

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Post by oilismoney1on Feb 26, 2015 7:07pm

176 Views

Post# 23470171

CRAZY DAY

Now there is a crazy day in the markets.

The boys in New York Hammer the price of oil and the Russian Ruble just keeps on climbing.

The Canadian dollar is almost down as much as the Russian Ruble since july.

Could the rest of the world finally be starting to get sick and tired of the U.S. propaganda/war machine and its buddys Canada, Britain , Australia and a very SMALL number of other countries

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