Negotiates New Gas Sales Contracts, Initiates Private Gas Pipeline, and Forecasts 130 MMSCFPD of Gas Production Exiting 2017 and 230 MMSCFPD of Gas Production Exiting 2018
Tests Nelson 6 Gas Discovery at 23 MMSCFPD (4,035 BOEPD)
Executes Agreement with Promigas S.A. to Increase Corporate Gas Transportation and Gas Sales to Colombian Caribbean Coast to 190 MMSCFPD in 2018
Canacol Energy Ltd. is a leading oil & gas exploration and production company in Colombia. Our strategy is built on management's deep expertise in Colombian basins. Where others see only risk, Canacol has the expertise to see the potential opportunity, the ability to capitalize on it and the agility to act quickly.
The Corporation is llisted on the Toronto Stock Exchange, the Colombia Stock Exchange, and the U.S. OTCQX under ticker symbol CNE, CNE.C, and CNNEF, respectively.