Palmer production: Canacol plans to tie in Colombia gas discovery
Canacol aims for more Llanos pay
05 August 2014 01:54 GMT
Canacol adds to Colombia stake
18 June 2014 11:46 GMT
Canacol makes Colombia finds
22 August 2014 11:24 GMT
Canacol in $153m deal for Shona Energy
17 October 2012 05:33 GMT
27 August 2014 11:05 GMT
Colombia-focused Canacol Energy has flowed 2730 barrels of oil equivalent per day of dry gas from its Palmer 1 discovery in the Lower Magdalena basin.
The explorer has hired an auditor to prepare a reserves report on the find, which was made the Esperanza E&P contract gained under the company’s 2012 acquisition of Shona Energy.
Toronto-listed Canacol plans to further test the Cienaga de Oro sandstone reservoir’s deliverability before tying the probe into its Jobo gas processing facility five kilometres to the east.
Later this year a further two exploration probes are planned on the block, Corozo 1 and Canandonga 1.
Two drill locations to appraise and develop the Palmer discovery have also been lined up for drilling early next year subject to permitting.
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