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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.


TSX:CNE - Post by User

Canacol Energy Ltd (Alberta)
Bullboard Posts
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Comment by reapiton May 10, 2015 5:26pm
73 Views
Post# 23713333

RE:Dave is a jinx! Every stock he picks turns to dust!

RE:Dave is a jinx! Every stock he picks turns to dust!AB as much as he's a door knob there could be potential upside with CNE and many other Juniors if the oil markets do come back which they will. To many jobs lost from it and the political barrons will pump it up soon. PXT has lots of cash and I can see more acquisitions soon. GTE has cash as well but reserve life is not there.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities