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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)
Bullboard Posts
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Post by bluespruceon Oct 06, 2016 4:13pm
206 Views
Post# 25319467

Oil watcher. Be very concerned!!!

Oil watcher. Be very concerned!!!Any idea as to why the price is heading north Oil?  Seems very strange after your "mayday mayday" last couple of posts?    I have never seen so many insiders sell in 1 day like that.  Oh well something is certainly coming down the pike!!!  Looks to be good news, not bad.  Even Dave seems to have gone awol  last few days.   Calm before the storm??  Blue
Bullboard Posts
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