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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 > Where does the money go Mr Gamba?
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Comment by oilwatcher13on May 13, 2021 9:47am
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Post# 33190665

RE:Where does the money go Mr Gamba?

RE:Where does the money go Mr Gamba?Are you referring to the GAMBA ATM Machine.... he has no inclination to tell you more than he thinks you need to know. Just another right down will appear burried in the MD&A on an asset that was never made public to sharehollders.... the Gamba game....

If you are looking for the BOD to ensure Gamba's actions are above board, then you are sadly mistaken. Hibberd is a serial Calgary Board Chairman who looks the other way... just look up his track record of being chairman of failed companies from Calgary...

JMHO
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