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.

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Canacol Energy Ltd

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Comment by robt1234on Jun 23, 2015 1:11pm

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Post# 23859856

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

OK I just searched for the buyer of the Altenesol NG from CNE which Gamba was all hyped up to tell you. The firm doing the buying to supply Caribbean needs appears to be another Mystery Buyer. The only stuff in a google search relates to the deal - if they exist I am confident the deal will not proceed. You need to browse for this group which c001 says his analyst says is a 'firm' deal. Is c001 a paid pumper? Here is the name of the firm from the release which has many typos - usual CNE cr^p! Adventus Fuel Inc.

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