Canacol Energy Ltd
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Charlie A. Gamba
- Full Time Employees
- 396
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 215 - 9th Avenue SW Calgary AB Canada T2P 1K3
- IPO Date
- Jan 5, 2010
- Website
- canacolenergy.com
- Similar Companies
- Business
- Canacol Energy Ltd (TSX:CNE; OTC:CNNEF) is a natural gas exploration and production company focused on Colombia and Ecuador. The company engages in the acquisition, exploration, development, and production of natural gas and oil reserves; natural gas sales and distribution; and related services, including gas processing and compression. Its operations center on conventional and unconventional natural gas assets in the Middle Magdalena Valley and Lower Magdalena basins in Colombia, as well as the Guayuyaco block in Ecuador. Core products and services encompass natural gas exploration and production from key assets such as the Merey and Jobo fields; gas sales to industrial customers and power generators via long-term contracts; gas processing facilities with capacity exceeding 100 MMscfd; and drilling and completion services through its in-house capabilities. Canacol markets its gas primarily to the Colombian domestic market, serving residential, commercial, and electricity generation sectors. Founded in 1970 and headquartered in Calgary, Alberta, Canada, with principal operations in Bogotá, Colombia, the company operates exclusively in Latin America, targeting Colombia's growing natural gas demand amid declining conventional supplies. Subsidiaries include Canacol Resources Ltd and various local operating entities. In 2024, Canacol commenced production from its VIM-74 unconventional block in the Middle Magdalena Valley, marking a strategic shift toward shale gas development following successful appraisal drilling. The company also advanced its 2025 drilling program with multiple horizontal wells planned on VIM-74 and other assets to expand contingent resources. No major acquisitions, funding rounds, or partnerships were reported in the last 1-2 years, though operational expansions continue to support reserve replacement.
Canacol Energy Secures Key Restructuring Decision from Alberta Court; Colombian Consumer Protections Preserved
Canacol Energy Announces Appointment of Chief Restructuring Officer
Canacol Energy Closes First Subsequent Advance Under DIP Financing
Canacol Obtains Court Approval of Sale and Investment Solicitation Process
Canacol Energy (OTCMKTS:CNNEF) Share Price Passes Below Fifty Day Moving Average – Here’s Why
Canacol Energy Closes Initial Advance Under DIP Financing
Canacol Energy Filed for Relief Under Chapter 15 of the U.S. Bankruptcy Code
Canacol Energy Granted Creditor Protection to Pursue Restructuring
Canacol Energy Seeks Creditor Protection to Pursue Restructuring
Canacol Energy Ltd. Reports Net lncome of $18.7 Million For The Third Quarter of 2025
Canacol Energy Ltd Provides Information on Arbitration Process
Canacol Energy Ltd (CNNEF) Q2 2025 Earnings Call Transcript
Canacol Energy Ltd. Reports Net Income of $13.9 Million For The Second Quarter of 2025
Canacol Energy Ltd. To Announce Second Quarter 2025 Financial Results on Thursday, August 7, 2025; Hold Conference Call on Friday, August 8, 2025
Canacol Energy Ltd Provides Exploration Drilling Update
Canacol Energy Ltd. Announces Meeting Results
Canacol Energy Ltd. (CNNEF) Q1 2025 Earnings Call Transcript
Canacol Energy Ltd. Reports a 12% Increase in Natural Gas Netback in Q1 2025
Canacol Energy Ltd. To Announce First Quarter 2025 Financial Results on Thursday, May 8, 2025; Hold Conference Call on Friday, May 9, 2025
Canacol Energy Ltd (CNNEF) Q4 2024 Earnings Call Transcript