Canacol Energy Ltd (CNE.TO)
- Reuters
Canacol Energy not in talks with Ecopetrol over gas assets, chief executive says
BOGOTA (Reuters) -Canada's Canacol Energy has not had any discussion with Colombia's majority state-owned oil company, Ecopetrol, regarding a transaction over its gas assets in the Andean country, Chief Executive Charle Gamba said on Friday. Ecopetrol's CEO, Ricardo Roa, earlier this week said the Colombian company was analyzing the potential to incorporate Canacol Energy's assets in its own portfolio. On Wednesday, Roa said Ecopetrol was considering buying the Canadian company's gas assets amid growing concern that Colombia will lose gas self-sufficiency in five years.
- Reuters
UPDATE 2-Canacol Energy not in talks with Ecopetrol over gas assets, chief executive says
Canada's Canacol Energy has not had any discussion with Colombia's majority state-owned oil company, Ecopetrol, regarding a transaction over its gas assets in the Andean country, Chief Executive Charle Gamba said on Friday. Ecopetrol's CEO, Ricardo Roa, earlier this week said the Colombian company was analyzing the potential to incorporate Canacol Energy's assets in its own portfolio. On Wednesday, Roa said Ecopetrol was considering buying the Canadian company's gas assets amid growing concern that Colombia will lose gas self-sufficiency in five years.
- GlobeNewswire
Canacol Energy Ltd. Reports a 22% Increase in Netback and an Adjusted EBITDAX of $61 Million in Q1 2024
CALGARY, Alberta, May 09, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three months ended March 31, 2024. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices (“C$”) where indicated and otherwise noted. Highlights for the three months ended March 31, 2024 Adjusted funds from operations increased 29% to $42.2 million
