Canacol Energy Ltd. announce the successful appraisal of the Oso Pardo light oil discovery made by Canacol in 2013 with the Morsa 1 well located on its operated Santa Isabel Exploration and Production (E&P) Contract in the Middle Magdalena Basin of Colombia, which production tested 832 barrels of oil per day gross (bopd) (832 bopd net) of light oil.
Charle Gamba, President and CEO of the Corporation, commented, Our drilling program continues to deliver in 2014, with Morsa 1 marking the successful appraisal of the Oso Pardo light oil discovery that we made within Tertiary aged sandstones on the Canacol operated Santa Isabel contract in 2013.
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Canacol Energy Inc.
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