Canacol Embraces The Power Of 3
| 3 Countries | Colombia, Guyana, Brazil |
| 3-Part Resource Capture Strategy | Development, Appraisal & Development, and Exploration Upside |
| 3 Million Net Acres | Highâimpact portfolio with exposure to over 10 billion barrels of net unrisked conventional oil in place |
3-Part Resource Capture Strategy Defined:
Canacol's strategy is to drill up its development assets in Colombia to increase production and cash flow, and to execute a significant conventional oil exploration program through 2013 to test over 10 billion barrels of net unrisked conventional oil in place. Canacol is a qualified operator in both Colombia and Brazil, which enables the Corporation to participate as operator in regularly scheduled exploration and marginal field bid rounds, and directly negotiate exploration contracts with government entities.