News Focus
News Focus
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twtybrd

08/26/19 11:46 AM

#17509 RE: dr_airtime #17507

CNNEF is pleased to announce that it achieved a record 217 million standard cubic feet per day (“MMscfpd”) (38,070 barrels of oil equivalent per day) of natural gas sales on August 24, 2019.
Read more at https://stockhouse.com/news/press-releases/2019/08/26/canacol-energy-achieves-record-217-mmscfpd-38-070-boepd-in-natural-gas-sales#meYBOYK04ttes9Vy.99
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Bobwins

10/08/19 3:38 PM

#17512 RE: dr_airtime #17507

CNE.to/CNNEF -.11 to C$4.27 Canacol has retreated since late August when they announced that the pipeline was operating and sales were around 217mmcfpd compared to 121mmcfpd avg in Q2. Since they reached 217 on 8/24, the Q3 avg will likely be in the 190mmcfpd range for the qtr. That is still a huge increase in revs and cashflow that should be announced with Q3 results. What will the stock do? I think it will rebound towards at least the C$5 peak in late August.