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Canacol's Latest Colombian Discovery Hits 1,863 BO/d
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Canacol Energy Ltd. has reported the first flow test result from the Leono 2 appraisal well located on the LLA23 Exploration and Production Contract in the Llanos Basin of Colombia.
As previously reported, the Leono 1 discovery well encountered 133 feet of net oil pay in four separate reservoirs, and tested at a gross rate of 1,863 barrels of oil per day (1,490 bopd net) in the Barco reservoir and at a gross rate of 1,869 bopd (1,495 bopd net) from the Gacheta reservoir. The Corporation has an 80% operated working interest in the LLA23 contract, with Petromont Colombia S.A. Sucursal Colombia holding the remaining 20% interest. The Leono 2 appraisal well encountered 121 ft of net oil pay, with the C7 reservoir testing 1,328 bopd gross (1,062 bopd net) of light oil.
Charle Gamba, President…
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