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Canacol Energy Ltd CNNEF


Primary Symbol: T.CNE

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
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Post by oilwatcher13on Apr 14, 2022 11:13am
179 Views
Post# 34603825

GAMBA FACTOR IS ALIVE AND WELL..!!!

GAMBA FACTOR IS ALIVE AND WELL..!!!GAMBA and HIBBERD have burned every bridge they have ever had with Analysts and Funds looking to invest in CNE...

EVERY YEAR THEY EXPRESS THEIR TARGETS AND NEVER MEET THEM...LOL

WHAT HAPPENED TO THE PROMISE TO REDUCE DEBT TO EQUITY RATIO... NEVER HAPENED AND THEY CONTINUE TO TAKE ON DEBT .. OVER PROMISE AND UNDER DELIVER...

GAMBA AND HIBBERD NEED TO GO..!!!

JMHO
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