CNE.TO - Canacol Energy Ltd

Toronto - Toronto Delayed Price. Currency in CAD
4.7000
+0.0200 (+0.43%)
At close: 4:00PM EDT
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Previous Close4.6800
Open4.6800
Bid4.6600 x 0
Ask4.7400 x 0
Day's Range4.6400 - 4.7200
52 Week Range3.5400 - 5.0500
Volume132,958
Avg. Volume179,277
Market Cap833.789M
Beta (3Y Monthly)0.54
PE Ratio (TTM)204.35
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Canacol Energy Ltd. Reports an 8% Increase in Realized Gas Sales and a 10% Increase in EBITDAX for Q2 2019

    CALGARY, Alberta, Aug. 08, 2019 -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating.

  • GlobeNewswire

    Canacol Energy Ltd. To Announce Second Quarter Financial Results on Thursday, August 8, 2019; Hold Conference Call on Friday, August 9, 2019

    CALGARY, Alberta, July 31, 2019 -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) will announce its second quarter 2019 financial.

  • GlobeNewswire

    Canacol Announces Completion of the Jobo to Cartagena Gas Pipeline Expansion

    BVC:CNEC) is pleased to announce that the works associated with the expansion of the gas pipeline between its operated Jobo gas processing facility and Cartagena has been completed.  These works included the laying of 85 kilometers of 20 inch pipeline and the installation of additional compression, resulting in an increase of 100 MMscfpd of transportation capacity for the Corporation to its clients in Cartagena. Once pressure testing of the new line using water and then nitrogen is completed by July 31, 2019, the Corporation will start injecting natural gas into the line.  It is anticipated that total corporate sales of 215 MMscfpd will be achieved by August 11, 2019.  This level of sales is anticipated to be maintained for the remainder of the year.

  • GlobeNewswire

    Canacol Energy Tests 30 MMscfpd from the Ocarina 1 Well and 29 MMscfpd from the Nelson 7 Well

    BVC:CNEC) is pleased to provide the results of the Ocarina 1 exploration well located on its 100% operated VIM 5 block, and the flow testing results of the Nelson 7 development well located on its 100% operated Esperanza block, both situated in the Lower Magdalena Valley Basin of Colombia. As previously announced earlier in June 2019, the Acordeon 1 exploration well encountered a significant gas accumulation in the Cienaga de Oro (“CDO”) sandstone reservoir which tested at a final rate of 33 million standard cubic feet per day (“MMscfpd”).  The Ocarina 1 well tested the accumulation at a bottom hole location situated approximately 1 kilometer to the south east of the Acordeon 1 well and has encountered a thick section of gas pay within the same CDO sandstone reservoir, thus confirming a significant new accumulation of gas within the CDO.

  • GlobeNewswire

    Canacol Energy’s Acordeon 1 Tests 33 MMSCFPD at Significant New Gas Discovery

    BVC:CNEC) is pleased to provide the results of the Acordeon 1 exploration well located on its 100% operated VIM 5 block in the Lower Magdalena Valley Basin of Colombia.  Given the magnitude of this new discovery the Corporation is altering its previously announced 2019 drilling program and has spud the Ocarina 1 well in order to prove up its reserve potential.  Additionally, Promigas S.A. has received all regulatory approvals, including approvals of the two modifications to the Jobo to Majaguas pipeline segment, required to complete the construction of the pipeline expansion.  The Corporation estimates that the 80 million standard cubic feet (“MMscfpd”) of new pipeline capacity will be on stream by mid-July 2019, lifting Canacol’s gas sales to approximately 215 MMscfpd. The Acordeon 1 exploration well is located approximately 4 kilometers southeast of the Corporations Clarinete gas field on the Corporations 100% operated working interest VIM 5 Exploration and Production Contract.

  • GlobeNewswire

    Canacol Energy Ltd. Reports a 15% Increase in Realized Gas Sales and 42% Increase in Funds from Operations per Share for Q1 2019

    Charle Gamba, President and CEO of the Corporation, commented: “The first quarter marked a strong start to 2019, with a 42% increase in funds from operations per share to $0.17 per share, compared to the first quarter of 2018, driven by a 15% increase in realized contractual gas sales.

  • GlobeNewswire

    Canacol Energy Ltd. Announces Meeting Results

    CALGARY, Alberta, May 06, 2019 -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE) (OTCQX:CNNEF) (BVC:CNEC) is pleased to announce that at the annual general and.

  • GlobeNewswire

    Canacol Energy Ltd. To Announce First Quarter Financial Results on Wednesday May 8, 2019; Hold Conference Call on Thursday May 9, 2019

    BVC: CNEC) will announce its first quarter 2019 financial results after the market close on Wednesday, May 8, 2019. Senior Management will hold a conference call to discuss results on Thursday, May 9 at 8:00 am MST / 10:00 am ET. All remarks made during the conference call will be current at the time of the call and may not be updated to reflect subsequent material developments.

  • GlobeNewswire

    Canacol Energy Ltd. Provides Gas Sales and Operations Update, Tests 33 MMSCFPD from Nelson 13 Well

    Average gas sales for the months of January and February 2019 were approximately 126 million standard cubic feet per day (“MMscfpd”) at average wellhead sales price of US$ 4.99 / Mcf net of transportation, as compared to gas sales of 119 MMscfpd at an average wellhead sales price of US$4.95 / Mcf net of transportation for Q4 2018.  Average net oil sales from the operated Rancho Hermoso field for the months of January and February were 430 barrels of oil per day. The Nelson 13 well is the Corporations 7th well drilled into its Nelson gas field, discovered in 2011. The well encountered 104 feet true vertical depth (“ft TVD”) of net gas pay with average porosity of 26% within the productive shallow Porquero sandstone reservoir, and 162 ft TVD of net gas pay within the deeper productive CDO sandstone reservoir.  The resulting 266 feet TVD of net gas pay represents the thickest gas pay encountered in any of the Corporations wells drilled to date on any of its blocks in the Lower Magdalena Valley basin.

  • GlobeNewswire

    Canacol Energy Ltd. To Announce Fourth Quarter and Fiscal Year 2018 Financial Results on Thursday, March 21, 2019; Hold Conference Call on Friday, March 22, 2019

    CALGARY, Alberta, March 13, 2019 -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) will announce its fourth quarter and fiscal year.

  • GlobeNewswire

    Canacol Energy Ltd. Achieves 232% 2P Gas Reserve Replacement Ratio Increasing 2P Reserves to 559 BCF With a BTAX Value of US$1.5 Billion at a 2P F&D cost of $0.32/MCF

    CALGARY, Alberta, Feb. 27, 2019 -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) is pleased to report its conventional natural gas.

  • ACCESSWIRE

    Today's Research Reports on TransGlobe Energy, Hemisphere Energy, Canacol Energy Ltd and Questerre Energy

    NEW YORK, NY / ACCESSWIRE / January 10, 2019 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • GlobeNewswire

    Canacol Energy Ltd. Encounters 266 Feet of Net Gas Pay at Nelson 13

    BVC:CNEC) is pleased to provide the results of the Nelson 13 well along with the Corporations drilling plans for 2019. The Nelson 13 well is the Corporations 7th well drilled into its Nelson gas field, which was discovered in 2011.  Using the Pioneer 302 drilling rig, Nelson 13 was spud on December 4, 2018, and reached a total depth of 9,234 feet measured depth in 21 days.  The well encountered 104 feet true vertical depth (“ft TVD”) of net gas pay with average porosity of 26% within the productive shallow Porquero sandstone reservoir, and 162 ft TVD of net gas pay within the deeper productive CDO sandstone reservoir.  The resulting 266 feet of net gas pay represents the thickest gas pay encountered in any of the Corporations wells drilled to date on any of its blocks in the Lower Magdalena Valley basin.

  • GlobeNewswire

    Canacol Energy Ltd. Provides 2019 Gas Sales and Capital Guidance

    CALGARY, Alberta, Dec. 17, 2018 -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide its capital and gas sales.

  • ACCESSWIRE

    Today's Research Reports on Alderon Iron Ore, Blackbird Energy, Canacol Energy and Questerre Energy

    NEW YORK, NY / ACCESSWIRE / November 26, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • GlobeNewswire

    Canacol Energy Ltd. Announces Normal Course Issuer Bid

    Canacol Energy Ltd. (“Canacol” or the “Corporation”) (CNE.TO) (CNNEF) (BVC:CNEC) is pleased to announce that it has made the necessary filings, and received the necessary approvals to conduct a normal course issuer bid (“NCIB”) through the facilities of the Toronto Stock Exchange (“TSX”) or the following alternative markets, if eligible: CHI-X Canada, Alpha ATS, MATCH Now (Triact Canada), Omega ATS and Pure Trading. The TSX has accepted the Corporation’s notice to conduct the NCIB to purchase outstanding common shares on the open market, in accordance with the rules of the TSX.  As approved by the TSX, the Corporation is authorized to purchase up to 14,086,746 common shares, representing approximately 10% of the public float of Canacol, being 140,867,465 common shares as of November 9, 2018.

  • GlobeNewswire

    Canacol Energy Ltd. Reports Q3 2018 Results

    CALGARY, Alberta, Nov. 13, 2018 -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating.

  • GlobeNewswire

    Canacol Energy Ltd. Distributes US$20 Million of Arrow Exploration Corp. Shares to Shareholders

    BVC:CNEC) is pleased to announce that the distribution to the shareholders of the Corporation (“Shareholders”) of the 22,598,870 of Arrow Exploration Corp. Shares (“Arrow Shares”) by way of a return of capital (the “Return of Capital”) valued at US$20 million (US$0.885 cents per Arrow Share received) was effective on November 6, 2018. Mr. Charle Gamba, President and CEO of the Corporation, commented: “The Board of Directors of Canacol is pleased to be making this special dividend, which is a return of capital equivalent to US$20 million, to our shareholders, related to the recent sale of our conventional oil assets to Arrow Exploration.  Arrow is currently drilling the Danes-1 exploration well on the LLA-23 block, and plans a number of work overs on existing wells to increase production by year end.  Canacol shareholders who choose to keep the Arrow shares that they have received may stand to realize the potential upside associated with Arrow´s current and future exploration and production activities”.

  • CNW Group

    ARROW Exploration to Host Conference Call and Webcast Introducing Management and Discussing Upcoming Catalysts

    CALGARY , Nov. 1, 2018 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (AXL.V) is pleased to announce that it will host a conference call and webcast on Monday, November 5, 2018 at 9:00 am MT (11:00 am ET) to introduce Management to new investors, including current Canacol Energy (CNE.TO) shareholders due to receive shares of Arrow on November 6, 2018 following Arrow's previously disclosed transactions and arrangement agreement. On the call, Gary Wine , President & Chief Executive Officer and Jack Scott , Chief Operating Officer will provide a brief overview of Arrow's corporate strategy and upcoming catalysts.  After the prepared remarks, the Company will respond to questions from call participants. To access the conference call in North America , dial toll-free 1-888-231-8191, enter the conference passcode, 7185819 or ask for the "Arrow Exploration Conference Call".

  • ACCESSWIRE

    Today's Research Reports on Corridor Resources, Canacol Energy, Chinook Energy and Questerre Energy

    NEW YORK, NY / ACCESSWIRE / October 1, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • ACCESSWIRE

    Today's Research Reports on Canacol Energy Ltd, eCobalt Solutions, Fission Uranium and Kelt Exploration

    NEW YORK, NY / ACCESSWIRE / August 31, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...