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Canacol Energy Ltd CNNEF


Primary Symbol: T.CNE

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

Comment by marketdivaon Jul 20, 2021 1:47pm
168 Views
Post# 33575916

RE:Executive Compensation Excessive...!!!

RE:Executive Compensation Excessive...!!!Pretty much the worst energy performer on the tax....takes some special talent to be so bad with world prices rising like they have. Not impressed with private capital sitting by doing nothing either.....clean house

oilwatcher13 wrote: Gamba - 2 mil a year, others 1 million plus a year... excessive joke...

Charle Gamba(7) President and Chief Executive Officer 2020 2019 2018 735,589(8) 623,643(8) 608,979(8) 720,000 516,850 418,901 Nil Nil 239,985 378,303(8) 656,861(8) 304,409(8) Nil Nil Nil Nil Nil Nil 91,139(8) 92,907(8) 88,172(8) 1,925,031 1,890,261 1,660,446 Jason Bednar Chief Financial Officer 2020 2019 2018 418,708 386,500 380,000 405,000 381,990 307,287 Nil Nil 159,990 208,737(8) 368,878(8) 239,705(8) Nil Nil Nil Nil Nil Nil Nil Nil Nil 1,032,446 1,137,368 1,086,982 Ravi Sharma Chief Operating Officer 2020 2019 2018 517,595(8) 490,953(8) 479,409(8) 405,000 381,990 307,287 Nil Nil 159,990 208,737(8) 490,953(8) 250,394(8) Nil Nil Nil Nil Nil Nil 59,963(8) 61,397(8) 58,188(8) 1,191,296 1,425,293 1,255,268 Anthony Zaidi Vice President, Business Development and General Counsel 2020 2019 2018 489,089(8) 464,415(8) 453,495(8) 405,000 381,990 307,287 Nil Nil 159,990 208,737(8) 368,878(8) 226,748(8) Nil Nil Nil Nil Nil Nil 105,661(8) 83,412(8) 64,673(8) 1,208,487 1,298,695 1,212,193 

JMHO


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