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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)
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Post by dallytaylor24on Oct 05, 2015 11:59am
177 Views
Post# 24163635

Clarinete 2 Testing - Results Out Imminently - Positive?

Clarinete 2 Testing - Results Out Imminently - Positive?Based on action on Friday and strength this morning I suspect news is starting to trickle out on the testing of the Clarinete-2 well. 

Must be more good news, stock tends to run in advance of good news...hard to keep a lid on news coming out of the field in Colombia.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities