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 > CNE GAMBA / HIBBERD CLASS ACTION LAWSUIT

<< Previous

Bullboard Posts

Next >>

Post by oilwatcher13on Oct 23, 2023 4:07pm

259 Views

Post# 35696970

CNE GAMBA / HIBBERD CLASS ACTION LAWSUIT

These guys should be hung for not pre warning of the circumstances surrounding the boondoggle of the Mendilin Pipeline cancellation. Hopefully one of the Institutional Investors will start a class action lawsuit against these clowns.

Nice 25% share depreciation in 2 trading days... complete clown show!

JMHO

<< Previous

Bullboard Posts

Next >>

TELUS adds 347K customers in Q3