Canacol Makes Second Gas Discovery in Weeks in Colombian Basin
Canacol found 123 feet of net gas payzone in the Chontaduro 1 well.
Stay updated with breaking news from Lower Magdalena. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Canacol found 123 feet of net gas payzone in the Chontaduro 1 well.
Canacol Energy has made three gas discoveries in Colombia.
Highlights: Increased before-tax NPV10 for Proved reserves to U.S.$171 million representing NPV10 of C$1.49 per share.Increased before-tax NPV10 for Proved plus Probable reserves to U.S.$306...
The highlight of its exploration program will be the LLA-122, VIM-1 and LLA-38 drilling campaigns, described by Parex as "high-impact targets with transformational potential".
In Colombia this year NG Energy drilled a new well and signed a deal to develop pipeline infrastructure.