Summary

Anticipated strong growth in base production

2017 guidance between 18,000 and 19,000 boepd.

The Corporation forecasts realized contractual oil and gas sales of approximately 25,000 boepd in December 2017 upon completion of the Sabanas pipeline.

High-impact exploration portfolio that will continue to deliver growth

Canacol has built an exploration portfolio that exposes shareholders to 5 different basins in Colombia and Ecuador across 20 blocks or 3.2 million gross acres. Given Canacol's historical commercial exploration success record of 62%, the Corporation anticipates that the exploration portfolio will continue to deliver solid commercial success for many years to come, yielding continuing growth in production and cash flow.