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 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 [...]
Pacific Rubiales is a heavy oil and natual gas company focused on Columbia and northern Peru. The company announced today that it had purchased a 21.7% indirect interest in one of its gas consumers, Proelectrica. Ronald Pantin, Chief Executive Officer of Pacific Rubiales is quoted as saying, The acquisition of an interest in Proelectrica makes [...]
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