Canacol Energy Ltd. is an international oil and gas company with operations focused onshore in Colombia and Ecuador. Canacol has interests over 20 exploration and production contracts that consist of proven oil producing assets and a large exploration inventory of conventional oil prospects.... More
Monday, Dec 210:11 AMCanacol Energy hits pay with Colombian well
Monday, Dec 210:11 AM| Comment!
- Canacol Energy (CAAEF +9.7%) says its Leono 1 exploration well drilled in the Llanos Basin of Colombia encountered 133 feet of net oil pay within four different reservoirs, and is preparing to conduct a series of production tests on the discovery.
- CEO Charle Gamba says Leono is the second wildcat discovery on the Llanos Basin LLA23 block after 2012’s Labrador find, adding that “the thickness of the net oil pay section at Leono 1 is approximately twice that of Labrador.”
Thursday, Jul 182:23 PMCanacol Energy (CAAEF.PK +3.1%) rises for a second straight session on more than triple the average 10-day volume. In an article published Wednesday and out of embargo today, SA Pro contributor Caiman Valores called the stock "a deep value investment [trading] at a significant discount to net-asset-value … offering investors potential upside of 60%." |Thursday, Jul 182:23 PM| Comment!
Wednesday, Feb 271:12 PM
Thursday, Apr 52012, 10:55 AM