Capella 2 Billion Barrel Reserves News Capella has 2 Billion Barrels Reserves and with 1,000,000 acres like Capella Heavy Oil fields Canacol energy could hit $3 or $4 per share soon. For the remainder of 2012, the Corporation anticipates participating in the drilling of 18 additional horizontal and vertical wells in the field. By year-end 2012, the Corporation will have participated in the drilling of 44 Wells in the field. Current productive capacity of the field is approximately 3,000 Barrels/ day although security issues associated with the transportation of crude oil by truck along local roads has resulted in intermittent shut in of production in the field when local storage capacity of approximately 7,000 barrels of oil is exceeded.
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