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Canacol Energy Ltd 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 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

Bullboard Posts
Comment by robt1234on Jun 23, 2015 12:51pm
52 Views
Post# 23859745

RE:147745 or whatever your name is. Tell me what you

RE:147745 or whatever your name is. Tell me what you
I really do not know a lot more about Altenesol than you appear to know. You have asked good questions and provided some of the earlier agreements as anyone here should have known. I put a lot of it up here last year and Racer updated the matter shortly after the recent revived deal showed up. But the was a difference if you notice. You now ask about the LNG plant. I read the recent plan as no LNG plant at all, the main plant infrastructure in old artist renderings is no more. Now you have a much smaller pressurizing situation which might all be done on the train. I do not know. In Cheniere's Corpus Christie planned plant they are also using trains.
Bullboard Posts