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Canacol Energy Ltd. (CNNEF)

  • Dec. 2, 2013, 10:11 AM
    • Canacol Energy (CAAEF +9.7%) says its Leono 1 exploration well drilled in the Llanos Basin of Colombia encountered 133 feet of net oil pay within four different reservoirs, and is preparing to conduct a series of production tests on the discovery.
    • CEO Charle Gamba says Leono is the second wildcat discovery on the Llanos Basin LLA23 block after 2012’s Labrador find, adding that “the thickness of the net oil pay section at Leono 1 is approximately twice that of Labrador.”
    | Dec. 2, 2013, 10:11 AM | Comment!
  • Jul. 18, 2013, 2:23 PM
    Canacol Energy (CAAEF.PK +3.1%) rises for a second straight session on more than triple the average 10-day volume. In an article published Wednesday and out of embargo today, SA Pro contributor Caiman Valores called the stock "a deep value investment [trading] at a significant discount to net-asset-value … offering investors potential upside of 60%."
    | Jul. 18, 2013, 2:23 PM | Comment!
  • Feb. 27, 2013, 1:12 PM
    Canada's Canacol (CAAEF.PK +5%) finds another partner for shale oil exploration in Colombia, with ConocoPhillips (COP) agreeing to pay the cost of drilling and testing as many as 13 wells in exchange for 70% of the oil found in the deeper areas.
    | Feb. 27, 2013, 1:12 PM | 2 Comments
Company Description
Canacol is an exploration and production company with operations focused onshore in Colombia and Ecuador.
Country: Canada