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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

Post by oilwatcher13on Jun 02, 2021 12:44am
395 Views
Post# 33308988

Fourth Sail Capital Connection - Board Member of CNE

Fourth Sail Capital Connection - Board Member of CNEARIEL MERENSTEIN Independent Director So Paulo, Brazil Director since: March 17, 2020 Age: 37 Key Experience and Expertise: Financial Industry knowledge Capital markets/investor relations Corporate governance International operations Mr. Merenstein is the Managing Partner and Portfolio Manager of Fourth Sail Capital, LP (“Fourth Sail”). Prior to founding Fourth Sail in 2019, he spent eleven years at Prince Street Capital Management, a global Emerging and Frontier markets fund, where he was a Partner on the Research team and the Portfolio Manager of the Prince Street Latin America Long/Short fund. In addition to his PM responsibilities, Mr. Merenstein oversaw the firm’s investments in Latin America, and regularly reviewed global macroeconomics for the firm. Prior to joining Prince Street, Mr. Merenstein worked at Lehman Brothers and Bear Stearns. He is a magna cu laude graduate of the New York University Stern School of Business. He holds dual citizenship in Costa Rica, where he was born, as well as the United States. Mr. Merenstein is based in So Paulo, and is fluent in Spanish, Portuguese and English. 2020 Board and Committee Membership(1) 2020 Attendance Board of Directors 11/11 – 100%(5) Compensation Committee N/A(6) Number of Common Shares Owned, Directed or Controlled Number of Options Held 34,860,968(7) Nil Number of RSUs Held Other Public Boards 26,000 None
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