Canacol Energy

Canacol Energy’s Palmer 1 exploration well encountered 87 ft of gas pay within the primary target of the Cienaga de Oro sandstone reservoir. Located in the Esperanza Exploration and Production Contract in Colombia’s lower Magdalena basin, Palmer 1 was drilled to a total depth of 9,317 ft. The well flowed at a rate of 15.5 MMscf/D of dry gas during the course of a 36-hour, isochronal flow test. Canacol (100%) is the operator.


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