Spondias mombin

Canacol Energy Ltd. Announces New Gas Discovery at Pomelo 1

Retrieved on: 
Wednesday, March 27, 2024
CDO, Spondias mombin, Corporation, CNE, TSX, Ciénega, Interval, Bactris gasipaes, Porosity, Cubic foot, Oil

CALGARY, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Pomelo 1 gas discovery.

Key Points: 
  • CALGARY, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Pomelo 1 gas discovery.
  • The well encountered 96 feet true vertical depth of net gas pay with average porosity of 21 percent within the primary Cienaga de Oro (“CDO”) sandstone reservoir.
  • The CDO reservoir was perforated over a 48-foot Interval and was tied into the existing flowline to the Betania substation.
  • The Corporation is currently mobilizing the rig to drill the Chontaduro 1 exploration well located approximately 3 kilometers to the north of Pomelo discovery.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Tuesday, January 9, 2024
Holiday, Corporation, TSX, CNE, Spondias mombin

CALGARY, Alberta, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.

Key Points: 
  • CALGARY, Alberta, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered and paid for) averaged 166 MMscfpd for the period of December 1 to December 20.
  • Beginning December 21 2023 the Corporation performed two scheduled routine maintenance procedures on its Jobo processing plant which interrupted production levels until January 2, 2024, a period where gas demand is typically low due to the Holidays.
  • As such, December realized contractual natural sales averaged 160 MMscfpd.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update and Announces Dividend

Retrieved on: 
Wednesday, December 20, 2023
Spondias mombin, Quality of life, Ciénega, National government, Form, CAD, CNE, Ministry, Corporation, Investment, TSX, Toronto Stock Exchange, Security (finance)

CALGARY, Alberta, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update, along with announcement of quarterly dividend.

Key Points: 
  • CALGARY, Alberta, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update, along with announcement of quarterly dividend.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 169 million standard cubic feet per day for November 2023.
  • Gas sales during the month of November were impacted by high reservoir levels and related hydroelectric power generation due to heavy rainfall which reduced the demand for gas for thermoelectric power generation.
  • The Corporation completed the drilling of the Pandereta 10 development well which encountered 122 feet of net gas pay within the Cienaga de Oro (“CDO”) sandstone reservoir.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Tuesday, November 7, 2023
Nelson, Ciénega, CNE, TSX, Spondias mombin, Corporation, Oil

CALGARY, Alberta, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.

Key Points: 
  • CALGARY, Alberta, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 170 million standard cubic feet per day for October 2023.
  • As a result of the foregoing the Corporation has had to restrict gas deliveries under certain supply contracts dedicated to supplying non-essential gas demand, all in accordance with applicable Colombian regulations and in consultation with the relevant authorities.
  • The wells are currently being tied into the Jobo gas treatment facility and will both be on production within one week.

Canacol Energy Ltd. Announces Cancelation of EPM Gas Sales Contract and Strategic Entrance into Bolivia

Retrieved on: 
Thursday, October 19, 2023
YPFB, Senior management, Government, LMV, EST, Conference, Project, EPM, BOOM, Transport, SETCO, CNE, Webcast, Spondias mombin, Corporation, Conference call, Nigerian Upstream Petroleum Regulatory Commission, TSX, MST, Oil

CALGARY, Alberta, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) announces that the long term take or pay gas sales contract with Empresas Publicas de Medellin E.S.P.

Key Points: 
  • CALGARY, Alberta, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) announces that the long term take or pay gas sales contract with Empresas Publicas de Medellin E.S.P.
  • (“EPM”), previously scheduled to commence deliveries on December 1, 2024 (the “Project”) has been terminated by the Corporation.
  • Senior Management will hold a Conference Call to discuss the cancellation of the EPM contract and strategic entrance into Bolivia on Friday, October 20, 2023, at 6:30 a.m. MST / 8:30 a.m. EST.
  • As such the Corporation has advised EPM of its intention to terminate the contract with immediate effect.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Tuesday, October 10, 2023
TSX, Technische Universität Darmstadt, CNE, Águas, TVD, Corporation, Nelson, Ciénega, CDO, Spondias mombin, Oil

CALGARY, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.

Key Points: 
  • CALGARY, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following gas sales and drilling operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 161 million standard cubic feet per day for September 2023.
  • Average realized contractual natural gas sales for the month of October 2023 to date are 162 MMscfpd, with current contractual natural gas sales as of October 9, 2023 being 180 MMscfpd of gas.
  • Realized contractual natural gas sales for the third quarter of 2023 averaged 178 MMscfpd, down slightly from the 185 MMscfpd and 186 MMscfpd reported in the second and first quarters respectively.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Tuesday, September 5, 2023
TSX, CDO, TD, Agua, Corporation, Ciénega, Spondias mombin, CNE, Oil, Natural gas

CALGARY, Alberta, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and drilling operations update.

Key Points: 
  • CALGARY, Alberta, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and drilling operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 178 million standard cubic feet per day for August 2023.
  • The well encountered noncommercial quantities of gas within the Cienaga de Oro (“CDO”) sandstone reservoir and was plugged and abandoned.
  • The Corporation is focusing on infill development drilling and workover opportunities to meet anticipated high gas demand during the El Niño season which is anticipated to start in fourth quarter 2023.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Thursday, August 3, 2023
Nigerian Upstream Petroleum Regulatory Commission, Ciénaga de Oro, VIM, Águas, CDO, Spondias mombin, Corporation, CNE, TSX, Ciénega, Oil, Petroleum, Mafaldine, Comunidad Cristiana Agua Viva

CALGARY, Alberta, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and drilling operations update.

Key Points: 
  • CALGARY, Alberta, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and drilling operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 197 million standard cubic feet per day for July 2023.
  • Canacol’s near field exploration program includes the successful Lulo discovery, as well as the Piña Norte, Cereza, and Mafaldine prospects.
  • The twin offset Piña Norte 2 exploration well was spud on July 18, 2023 and is currently drilling ahead.

Canacol Energy Ltd. Provides Gas Sales and Drilling Update

Retrieved on: 
Wednesday, July 5, 2023
Pressure, Ciénega, API, Gran Tierra Energy, Porosity, CDO, Spondias mombin, Corporation, E&P, CNE, THP, TSX, Oil, Natural gas, Petroleum

CALGARY, Alberta, July 05, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and operations update.

Key Points: 
  • CALGARY, Alberta, July 05, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following gas sales and operations update.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 186 million standard cubic feet per day for June 2023.
  • Chimela is located approximately 7 kilometers from the Acordionero field operated by Gran Tierra Energy.
  • Malfadine 1 is also targeting gas charged reservoirs within the CDO sandstone and will take 3 weeks to drill and complete.

Canacol Energy Ltd. Encounters 230 Feet of Net Gas Pay in the Lulo 2 Well and Provides a Gas Sales Update

Retrieved on: 
Tuesday, June 6, 2023
Porosity, Corporation, Spondias mombin, E&P, CNE, TSX, Ciénega, Oil, Natural gas, Solanum quitoense

CALGARY, Alberta, June 06, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the Lulo 2 well and May 2023 natural gas sales.

Key Points: 
  • CALGARY, Alberta, June 06, 2023 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the Lulo 2 well and May 2023 natural gas sales.
  • Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 189 million standard cubic feet per day for May 2023.
  • The Lulo 2 appraisal well, located on the 100 percent operated VIM21 Exploration and Production (“E&P”) contract, reached total depth of 7,112 feet measured depth on June 1, 2023.
  • The well encountered 230 feet true vertical depth of net gas pay with average porosity of 20 percent within the primary Cienaga de Oro (“CDO”) sandstone reservoir.