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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 Dec 11, 2019 10:12am
132 Views
Post# 30443460

Gamba Factor....continues..!!!

Gamba Factor....continues..!!!Gamba has made two announcements regarding the signing of the new pipeline consortium which have not happened. First he stated he would have the deal finalized by the end of August and then by the end of November....<br /> <br /> What I find hillarious is that he does not come out and state what is going on, he just ignores his previous announcements like nothing happened.... that is simply his lack of respect and accountability for his shareholders...<br /> <br /> GAMBA Factor continues...!!!!<br /> <br /> JMHO
Bullboard Posts