Canacol Energy Provides Gas Sales and Drilling Update

Source: www.gulfoilandgas.com 5/6/2021, Location: South America

Canacol Energy Ltd. ("Canacol") (CNE) is pleased to provide the following information concerning its April 2021 natural gas sales and drilling program.

Gas sales averaged 166 MMscfpd for April 2021
Realized contractual natural gas sales (which are gas produced, delivered, and paid for) were 166 million standard cubic feet per day (“MMscfpd”) for April 2021.

Nelson 9 development well and Agua Vivas 1 exploration well
The Nelson 9 development well encountered 52 feet true vertical depth of gas pay within the Porquero sandstone target, and will be tied in and on production by early May 2021. The Aguas Vivas 1 exploration well is expected to spud prior to Mid May 2021.


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