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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.


TSX:CNE - Post by User

Canacol Energy Ltd
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Post by oThedave2oo6on Nov 14, 2016 7:54am
141 Views
Post# 25455851

Promigas to Pay 100% of Canacols New Pipeline 😆😆😆😆😆🏧🏧

Promigas to Pay 100% of Canacols New Pipeline 😆😆😆😆😆🏧🏧
Canacol & Promigas New Pipeline Deal, paid by Promigas 100%
 
...CANACOL'S  NEW  DEAL  FOR  PRODUCTION  IS  A  COMPANY  MAKER  40,000 BARRELS  DAILY  PRODUCTION,  GREAT  NEWS,.. FACTS  ARE  FACTS
 
PROMIGAS FUNDS CANACOL'S NEW GAS PIPELINE, Superb FACT$
 
PROMIGAS  SAYS  ITS  STARTED  BUILDING  CANACOL'S  GREAT  NEW  GAS  PIPELINE
 
IN  COLOMBIA  AT  ZERO  COST  TO  CANACOL  ENERGY.  THIS  IS  AN  "ACTION  BUY  LIST  REPORT"  MASSIVE  GAS  SALES  FOR  CANACOL  AS  IT  SIGNED  NEW  GAS  CONTRACTS  FOR  10  YEARS.  THE  FUTURE  IS  OURS,  CANACOL  ENERGY  HAS  SAID.
 
FANTASTIC  NEWS  FOR  CANACOL  ENERGY   40,000  BARRELS  DAILY  SOON..
 
FACTS  ARE  FACTS !!!$.. 
 
Canacol Energy 
 
* Canacol Energy Ltd executes agreement with Promigas S.A. to increase corporate gas transportation and gas sales to Colombian Caribbean Coast to 190 mmscfpd in 2018
 
* Canacol - to expand gas distribution network currently used to accommodate additional 100 million mmscfpd of new gas transportation
 
* Gas distribution network expansion project will be fully funded by promigas and commence in november 2016 today.
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Dealroom for high-potential pre-IPO opportunities