Canacol Energy (ticker: CNE)
Canacol Energy, headquartered in Calgary, Alberta, is an independent E&P developing properties in Colombia. The company is focused on natural gas production on its acreage located near the country’s northern coast. Canacol is targeting 230 MMcf/d of gas production in 2019, up from current output of 117 MMcf/d. The company holds an estimated 2.6 Tcf of gross mean unrisked prospective gas reserves.
Summary
- Q2 Production: 129.1 MMcfe/d
- Total Common Stock Outstanding: 177 million
- Enterprise Value: $825 million
- Total Debt: $314 million
- 1P Reserves: 315.7 Bcfe
- Operating Netbacks: $3.82/Mcfe
Management Team
Charle Gamba – President & CEO
Jason Bednar – CFO
Ravi Sharma – COO
Mark Teare – SVP Exploration
Luis Baena – EVP Business Development
The Oil and Gas Conference®
Canacol Energy is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-22, 2018. EnerCom expects to have more than 86 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.
