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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 > GAMBA FACTOR IS ALIVE AND WELL..!!!
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Comment by oilwatcher13on Oct 20, 2022 12:55pm
181 Views
Post# 35036719

RE:RE:RE:GAMBA FACTOR IS ALIVE AND WELL..!!!

RE:RE:RE:GAMBA FACTOR IS ALIVE AND WELL..!!!Speaking of communication, the announcement of the contract award for the pipeline was supposed to happen in August / Early Serptember? Another Gamba lie as we have had a few press releases since the last earnings when he made this statement and not a thing has been said regarding this issue...in any of the subsequent press releases.

What about the announcement of the PIPELINE CONSORTIUM that is going to participate in funding of 75% of the pipline construction? That was supposed to have been announced almost a year ago. Instead CNE shareholders are taking 100% of the risk and can only benefit from a 25% ownership?

GAMBA IS ABOVE KEEPING HIS SHAREHOLDERS INFORMED AS HE CONTINUES TO RUN HIS PERSONAL ATM MACHINE AND REWARDING HIS COLOMBIAN BUDDIES.

JMHO
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