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Canacol Energy Ltd (Alberta)
Suite 2000, 215-Calgary9 Ave, SW
Phone: (403) 561-1648p:403 561-1648 CALGARY, AB  T2P 1K3  Canada Ticker: CNECNE
Business Summary
Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5, VIM-21 and VIM-33 blocks located in the Lower Magdalena Valley basin in Colombia. Its production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). It supplies approximately 17% of the country’s gas needs and more than 50% of the Caribbean Coast’s gas demand. Its gas fields which produce from the Cienaga de Oro and Porquero proven reservoirs are connected to its central Jobo gas processing and treatment facility through more than 169 kilometers of flow lines, mainly flexible steel flow lines. The Company operates over 1.5 million net acres in 11 exploration and production gas contracts in Colombia, located in the Lower & Middle Magdalena Basins. Its natural gas processing and treatment facilities consist of three plants.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-YesYesYes-

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board Michael J.Hibberd 68 1/1/2021 10/30/2008
President, Chief Executive Officer, Director CharleGamba 59 10/30/2008 10/30/2008
Chief Financial Officer JasonBednar 4/29/2016 10/30/2008
10 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Shona Energy Company, Inc. 675 Bering Street Drive Houston TX United States

Business Names
Business Name
3B6A
BrazAlta Brasil Norte Commercializacao de Pertoleo Ltda.
Brazalta Resources Corp.
11 additional Business Names available in full report.

General Information
Number of Employees: 396 (As of 12/31/2023)
Outstanding Shares: 34,119,987 (As of 1/10/2025)
Stock Exchange: TSE


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Monday, January 27, 2025