Exploration & Production | Quarterly / Earnings Reports
Canacol Touts Colombian Discoveries, Growth in Q1
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Canacol Energy Ltd. has reported its financial and operating results for the three and nine months ended March 31, 2013.
(in United States dollars, except as otherwise noted; "net" production represents working-interest production before royalties)
ProductionFor the three months ended March, 31, 2013, the Corporation's production and sales volumes were 7,659 boepd and 7,141 boepd, respectively, which compares to 5,354 boepd and 5,134 boepd, respectively for the three months ended December 31, 2012. For the nine months ended March, 31, 2013, the Corporation's production and sales volumes were 6,335 boepd and 6,528 boepd, respectively.
Over recent months, the Corporation has significantly diversified its production base through the acquisition of the Esperanza gas field in December 2012…
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