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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

Comment by I1thedave2oo6on Oct 31, 2015 11:00am
102 Views
Post# 24246580

RE:OBOE1 STARTS DRILLING on Clarinete Gas Field

RE:OBOE1 STARTS DRILLING on Clarinete Gas FieldCANACOL ENERGY  (CNE)
OBOE1 GAS  WELL  HUGE  RESERVES 
STARTS  DRILLING IN  COLOMBIA.
ADDING  MASSIVE  RESERVES  ALONG  WITH  CLARINETE 1 & 2 GAS  WELLS.

GREAT  NEWS  FOR  CANACOL ENERGY

Cheers  #1Thedave2006 on Stockhouse Blogs.

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