Canacol Energy Ltd. Closes Sale of Ecuador Joint Venture Interest
Canacol Energy Ltd. Announces 21% Increase in 2P Reserves to 102.5 MMBOE, Worth US$1.6B BTAX, Gas F&D Cost of $0.63 / MCF, and a 16 Year 2P Reserve Life Index
Tests an Absolute Open Flow Rate of 168 MMSCFPD at Pandereta-3 and Provides Operational Update
Canacol Energy Ltd. is a leading natural gas & oil exploration and production company in Colombia. As of the year end 2017 reserve reports, the Corporation had 2P reserves of 505 billion cubic feet of gas and 14 million barrels of oil.
The Corporation is listed on the Toronto Stock Exchange, the Colombia Stock Exchange, and the U.S. OTCQX under ticker symbol CNE, CNE.C, and CNNEF, respectively.