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.

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Canacol Energy Ltd > GAMBA FACTOR IS ALIVE AND WELL..!!!

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Comment by oilwatcher13on Oct 26, 2022 9:59am

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Post# 35049401

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

MUST BE THE THIRD OR FOURTH TIME GAMBA HAS DONE A SHARE CONSOLIDATION AND CNE HAS NEVER SEEN ANY SHARE VALUE APPRECIATION. ITS TIME TO VOTE AGAINST GAMBA AND THE BOD TO TRY AND GET SOME MANAGEMENT AND DIRECTION THAT IS BENEFICIAL FOR THE SHAREHOLDERS.

IS CNE GOING TO RECOVER THE CAPITAL EXPENDITURES TO DATE THAT IT HAS SPENT ON THE PROPOSED NEW PIPELINE FROM THE NEW CHINA CONSORTIUM TAKING IT OVER?

GAMBA AND HIBBERD HAVE NO CREDIBILITY WITH EXISTING SHAREHOLDERS ANYMORE, TIME FOR A CHANGE!

JMHO

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