greenhorn schrieb am 03.11.2011, 18:05 Uhr[/url]"]heute dafür wieder gute News
bleibe weiter Long dabei........
Canacol finds 130 feet of net oil pay at RH 12 well
2011-11-03 08:16 ET - News Release
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CNE-1895520&symbol=CNE®ion=C
Mr. Kevin Flick reports
CANACOL ENERGY LTD. PROVIDES DRILLING AND PRODUCTION UPDATE FROM ITS RANCHO HERMOSO FIELD IN COLOMBIA
Canacol Energy Ltd. has provided an update of its development drilling program at its operated Rancho Hermoso field, located in the Llanos basin of Colombia. The company has completed the drilling and casing of the second of four new development wells it plans to drill through the remainder of calendar 2011. The Rancho Hermoso 12 (RH 12) well has been placed on permanent production from the Los Cuervos-Barco reservoir, which is producing at a stabilized gross rate of approximately 14,790 barrels of oil per day (3,697 barrels of oil per day net to Canacol). The RH 12 well encountered 130 feet of net oil pay within five different reservoir intervals, which include, from top to bottom, the C7, Mirador, Los Cuervos-Barco, Guadalupe and Ubaque intervals.
Charle Gamba, president and chief executive officer of the company, commented: "We encountered a new Los Cuervos-Barco channel sandstone reservoir within the northern part of the field at apparently virgin reservoir conditions, an outcome that was not anticipated in this part of the field.
The production results from the well are significantly better than we had forecast, and will ensure that Canacol has a strong finish to calendar 2011 in terms of net revenue production, with an anticipated exit rate in excess of 14,000 barrels of oil per day. Meanwhile, operations are under way to spud the Rancho Hermoso 13 development well, the third of four new wells planned in the field for the remainder of calendar 2011. With $115-million (U.S.) in cash as of our last reporting period and strong production revenues, the corporation is fully financed to execute its development and exploration drilling programs throughout 2012."
Rancho Hermoso 12 well results
The RH 12 well was spudded on Sept. 30, 2011, and reached a total depth of 10,160 feet measured depth on Oct. 15, 2011, in the Ubaque reservoir. Good oil and gas shows were encountered in the C7, Mirador, Los Cuervos-Barco, Guadalupe and Ubaque reservoirs while drilling. Petrophysical analysis of the open-hole logs indicates a total of 130 feet of oil pay within the well: 13 feet of oil pay within the C7 reservoir with average porosity of 22 per cent, 11 feet of oil pay in the Mirador reservoir with average porosity of 29 per cent, 21 feet of pay within the Los Cuervos-Barco reservoir with average porosity of 20 per cent, 40 feet of oil pay within the Guadalupe reservoir with average porosity of 23 per cent and 45 feet of oil pay within the Ubaque reservoir with average porosity of 25 per cent.
Production results
The company completed the Los Cuervos-Barco reservoir between 9,089 to 9,099 feet measured depth and 9,072 to 9,077 feet measured depth, and equipped the well with an electrosubmersible pump. The well has been placed on permanent production at a stable gross rate of approximately 14,790 barrels of oil per day (
3,697 barrels of oil per day net to Canacol) of 34-degree API light oil with no water at a pump frequency of 60 hertz.
The company, through its 100-per-cent-owned Colombian subsidiary, Rancho Hermoso SA, operates the Rancho Hermoso field under two contracts with Ecopetrol SA, those being: (i) a participation contract in the Casanare area, whereby the company receives approximately 25 per cent (after royalty) of gross production from the C7, Los Cuervos-Barco, Guadalupe, Gacheta and Ubaque reservoirs, and the remainder (approximately 75 per cent) goes to Ecopetrol SA; and (ii) a risked service production contract for the Mirador reservoir, whereby the company is paid a tariff for each barrel of oil produced and Ecopetrol SA receives the oil.
Annual general shareholders meeting
The company plans to hold its annual general shareholders meeting on Jan. 27, 2012, at 2:30 p.m. MST, in Calgary, Alta. Additional details of the meeting, including its specific location in Calgary, will be provided at a later date.
We seek Safe Harbor.
[url=http://peketec.de/trading/viewtopic.php?p=1164392#1164392 schrieb:
greenhorn schrieb am 31.10.2011, 16:29 Uhr[/url]"]Rückschläge gibt es leider immer mal.........
Canacol Energy plugs, abandons Tamarin 1 well
2011-10-31 07:36 ET - News Release
Mr. Kevin Flick reports
CANACOL ENERGY LTD. PROVIDES UPDATE OF THE TAMARIN 1 EXPLORATION WELL IN COLOMBIA
Canacol Energy Ltd.'s Tamarin 1 exploration well, the first of five exploration wells the corporation plans to drill in the Caguan-Putumayo basin of Colombia, is being plugged and abandoned. The Tamarin 1 well was drilled on the Tamarin exploration and production (E&P) contract where the corporation holds a 100-per-cent-operated working interest. The corporation also has a 100-per-cent-operated working interest in two offsetting contracts, the Cedrela and Sangretoro E&P contracts, where the corporation plans to drill four additional exploration wells prior to midyear 2012.
The Tamarin 1 exploration well was spudded on Oct. 17, 2011, and reached a total depth of 2,774 feet on Oct. 28, 2011, without incident. The primary Mirador sandstone reservoir was encountered as anticipated with approximately 60 feet of porous sandstone, but was wet with only minor oil shows. The well is currently being plugged and abandoned.
The corporation plans to drill two exploration wells on its Cedrela E&P contract, followed by two additional wells on its Sangretoro E&P contract, through to midyear 2012.
We seek Safe Harbor.
[url=http://peketec.de/trading/viewtopic.php?p=1159872#1159872 schrieb:
greenhorn schrieb am 21.10.2011, 10:54 Uhr[/url]"]
CNE - Canacol die letzten Tage erholt vom Tief bei 0,50 CAD auf aktuell 0,72/0,75 CAD
trotzdem noch viel viel Potential
Ölpreis stabil über 100$ - Rücksetzer nach der kleinen Erholung kann man zu Nachkäufen nutzen
Canaccord hat CNE jüngst mit Spec.Buy und 1,65 Target eingestuft...
[url=http://peketec.de/trading/viewtopic.php?p=1154847#1154847 schrieb:
greenhorn schrieb am 12.10.2011, 09:44 Uhr[/url]"]
CNE - Canacol auch ne schöne Chance, ich bin da long, seit gestern K-Signal gebildet
fundamental läuft es sehr gut, die 0,90 CAD als erstes Ziel sind gesetzt
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[url=http://peketec.de/trading/viewtopic.php?p=1149052#1149052 schrieb:
greenhorn schrieb am 29.09.2011, 14:19 Uhr[/url]"]auch krass abverkauft..........
haben im Moment ne MK von ca. 350 Mio $ + 115 Mio$ Cash!
http://www.canacolenergy.com/upload/media_element/9/34/fact-sheet_9.28.pdf
http://www.canacolenergy.com/upload/presentation/4/53/webmaster_9.28.pdf
Canacol Energy Ltd. Announces 401% Increase in Revenues and Strong Operating Cash Flow for Fiscal Year Ended 2011
Canacol Energy Ltd CNE 9/29/2011 6:30:00 AMCALGARY, ALBERTA, Sep 29, 2011 (Marketwire via COMTEX News Network) --
http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=8323146
FINANCIAL AND OPERATING HIGHLIGHTS
Twelve months ended June 30, 2011
Total revenues for the fiscal year ended June 30, 2011 increased 401% to US $114.4 million from US $22.8 million for the fiscal year ended June 30, 2010. Operating cash flow for the twelve months ended June 30, 2011 increased to US $47.8 million from US ($0.2) million for the twelve months ended June 30, 2010.
Capital expenditures for the fiscal year ended June 30, 2011 increased 188% to US $73.3 million from US $25.5 million for the fiscal year ended June 30, 2010. For the twelve months ended June 30, 2011, 81% of the Corporation's capital expenditures occurred in Colombia.
Average daily sales volumes increased 238% to 7,047 barrels of oil per day ("bopd") for the twelve months ended June 30, 2011 from 2,086 bopd for the twelve months ended June 30, 2010.
For the twelve months ended June 30, 2011, the Corporation's operating netback per barrel for non-tariff production in Colombia was US $56.46.
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