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Canacol Energy Ltd 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 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

Bullboard Posts
Post by oilwatcher13on Jul 24, 2018 9:37am
155 Views
Post# 28357942

Promigas Pipeline Expansion Approval..!!!

Promigas Pipeline Expansion Approval..!!!Now it is almost 2 mnths overdue with not a word from GAMBA on the delays which will directly affect the stated gas sales targets.... over promise and under deliver .... Overpaid group of CLOWNS....

GAMBA has to GO...!!!!

JMHO
Bullboard Posts