Canacol Energy Ltd. declared that it has been awarded the Pacarana Technical Evaluation Area by the National Hydrocarbon Agency of Colombia. Charle Gamba, President and CEO of Canacol, stated: This contract provides us with access to potentially material exploration prospects similar in nature to its Capella heavy oil discovery on the Ombu E&P contract, which [...]
Canacol Energy Ltd. declared the following operational update associated with its Capella heavy oil discovery in Colombia. For full story, click here
Canacol Energy Ltd. declared that it has filed its interim quarterly financial statements for the three and nine months ended March 31, 2009 and its Management Discussion and Analysis. For full story, click here
Canacol Energy Ltd. declared that it has executed a series of agreements with Gemini Oil and Gas Fund II, L.P., the Jersey based oil and gas investment fund, whereby Gemini will, subject to certain preconditions, invest up to US$ 9 million to be used to fund a portion of the Corporation’s development and appraisal programs [...]
Canacol Energy Ltd. declared an update of its exploration and appraisal drilling program to date on its 300 square kilometer Ombu E&P contract in the Caguan Putumayo Basin in Colombia. Charle Gamba, President and CEO of Canacol, stated: We are pleased with the positive drilling and production test results obtained to date from the Capella [...]
Thursday, July 2, 2009