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Canacol Energy Ltd (Alberta) 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, 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

Post by I1thedave2oo6on Jul 01, 2015 8:46am
186 Views
Post# 23883943

TD Sec. Says Canacol Energy Takeover Target Strong BUY

TD Sec. Says Canacol Energy Takeover Target Strong BUY..Canacol energy New 3D Seismic says Possible 50 Gas Fields on Massive
Producing Gas Blocks.

Nice Gas reserves Huge Future from $2.77 only, TD Sec. Says Takeover Target Canacol energy CNE

Read more at https://www.stockhouse.com/companies/bullboard/t.cne/canacol-energy

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