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Canacol Lays Out Plans for Remainder of Year

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Canacol Lays Out Plans for Remainder of Year


[Summary: Canacol provides guidance for 2017. Highlights include:

Canahuate 1 Exploration Well
Spud March 2017

Toronja 1 Exploration Well
Spud May 2017

Pandereta 1 Exploration Well
Set to spud September 2017

Pumara 1 Exploration Well
Spud March 2017

Additional capital projects for 2017.]


Canacol Energy Ltd. Provides Guidance for 2017

CALGARY, ALBERTA--(Marketwired - April 12, 2017) - Canacol Energy Ltd. ("Canacol" or the "Corporation") is pleased to provide the following update concerning its corporate guidance for 2017.

The Corporation announces that its 2017 capital budget is US$ 89 million, with forecast realized contractual oil and gas sales anticipated to average between 18,000 and 19,000 barrels of oil equivalent per day ("boepd"). The Corporation forecasts realized contractual oil and…

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