Stock Info & FAQ

How do I contact business development and/or investor relations?

Business Development & Investor Relations
Kevin Flick
Phone 214.235.4798
Toll Free (US/Canada) 1.877.272.4402
kflick@canacolenergy.com

Investor Relations (South America)
Liliana Gonzalez
Phone +571.621.0067
Calle 100 No. 8A-55 Torre C - Oficina 309
World Trade Center
Bogota, Colombia
lgonzalez@canacolenergy.com

Where does the Corporation’s stock trade?
The Corporation's common stock trades on the TSX Venture Exchange and the Colombia Stock Exchange under ticker symbol CNE and CNEC, respectively. The Corporation's convertible debentures began trading on the TSX Venture Exchange on July 22, 2010 under ticker symbol CNE.DB

Why list your shares on two exchanges?
Listing Canacol in Canada and Colombia sets the Corporation apart from its peers. The dual listing enables the Corporation to expand its institutional and retail shareholder base into Colombia where it has the majority of its operations and where capital markets are rapidly growing. Additionally, the listing in Colombia gives institutional and retail Colombian investors the ability to purchase shares of Canacol through the facilities of the BVC, allowing them to participate directly in the growth of the Corporation. 

In connection with Canacol's listing on the Colombia Stock Exchange ("BVC"), was there any new shares issued?
The new listing did not involve the issuance of new common shares of the Corporation or any securities or derivatives, such as ADRs, as it was structured solely to allow the common shares of the Corporation that are currently issued and outstanding, and trading on the TSX Venture Exchange, to be tradeable by investors through BVC's facilities. Other than enabling investors to buy and sell shares in Colombian pesos, the listing did not result in any changes to the rights and entitlements of holders of the Corporation's shares, irrespective of whether they purchase their shares through the TSX Venture Exchange or the BVC.

Does the Corporation hedge its production or hedge its currency exposure?
The Corporation has the following hedges in place:

Period Volume Type Price Range
Jan-Dec10 140bbls/day Financial WTI Oil Collar US$55.00-US$80.25
Jan-Aug11 114bbls/day Financial WTI Oil Collar US$55.00-US$80.25
May-Aug11 500bbls/day Financial WTI Oil Collar US$70.00-US$100.45

The Corporation has not entered into currency derivatives for its continuing operations in order to hedge its exposure to fluctuations between the US dollar, Colombian Peso, or the Brazilian Real.

What is a transfer agent, who is yours, and how do I contact them?
A transfer agent is a regulated organization keeps track of stockholder records and information. To find out more, please contact Canacol's transfer agent:

Olympia Trust Company: Corporate & Shareholders Services Division
2300, 125 ‐ 9th Ave SE
Calgary, Alberta T2G0P6 Canada
Phone: 403.261.0900
Fax: 403.265.1455

When does the Corporation’s fiscal year end?
The Corporation's fiscal year ends on June 30. The Corporation's quarters end on March 31, June 30, September 30, and December 31.

Who is the Corporation’s auditor?
Deloitte & Touche LLP ‐ Canada

Who are the Corporation’s bankers?
HSBC Bank Canada – Calgary, Canada
HSBC Bank Brazil – Rio de Janeiro, Brazil
Citibank – Bogota, Colombia

Who are the Canacol’s reserve engineers?
Rancho Hermoso & Entrerrios - Ryder Scott Company LP
Capella - Netherland, Sewell & Associates
Brazil - DeGolyer and MacNaughton Canada Limited

The Corporation anticipates releasing its 2010 reserve reports in mid-October.

Who are the Corporation’s legal representatives?
Davis LLP – Canada
Schmidt, Valois, Miranda, Ferreira & Agel – Brazil
Salazar Asociados Abogados – Colombia