Canancol Energy

Canancol Energy’s Clarinete 1 well, located in Colombia’s VIM 5 exploration and production contract, produced a final gross rate of 20.6 MMcf/D of dry gas during the first of two production tests. The tests were performed over two separate intervals in the Cienaga de Oro sandstone reservoir. The company plans to perforate selected intervals in the upper reservoir and perform a second flow test. Canancol is the operator and holds 100% interest in the block.