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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 Greyballson Aug 11, 2021 10:33pm
172 Views
Post# 33689945

RE:RE:Net Income of $2.4 million in Q2 2021

RE:RE:Net Income of $2.4 million in Q2 2021Unusual and mysterious panama company deals especially 2014 and 2015.. don't you agree oilwatcher? Shares for "blocks" no longer owned and buying out undisclosed "hidden" industry partners who didn't pay a dime. No advisor. Where was the board? Do your homework and ask the questions. Tik tok
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