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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 > Class Action Lawsuit Overdue! Gamba Factor Going Down!
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Post by oilwatcher13on Nov 20, 2023 11:55am
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Post# 35744479

Class Action Lawsuit Overdue! Gamba Factor Going Down!

Class Action Lawsuit Overdue! Gamba Factor Going Down!Gamba and Hibberd have been screwing over shareholders for 10 years, it's about time these guys get taken on by a Class Action Lawsuit. Gamba has run CNE like his personal bank account for years and Hibberd is a serial Calgary BOD Chair that over looks everything. I can't believe some of the current institutional investors haven't been up in arms over the latest debackle!

Who knew they have been investing in Bolivia for the last 4 years? They also never warned shareholders about anything with respect to the pipline fiasco for the last nine months, then boom; it's all over!

Complete Clown Show!

JMHO


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