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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 > Scotia Agrees, Gamba Overspends and Underperforms....
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Comment by oilwatcher13on Jan 19, 2022 10:27am
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Post# 34332457

RE:RE:Scotia Agrees, Gamba Overspends and Underperforms....

RE:RE:Scotia Agrees, Gamba Overspends and Underperforms.... GAMBA FACTOR... I wonder what Joseph Shackter thinks now that he has pumped this garbage and had Gamba lie to him ... over promise and under deliver...

Shareholders funding the complete risk side of the new pipeline in which by Colombian Law CNE can only own 20%... someone is going to get a sweet deal with no risk and capital exposure...

How much you want to bet it is GAMBAs buddies in Colombia... and Argentina...

JMHO

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