Labrador 4 Hit 3 Oil Reservoirs, Leono 3 Drilling May 15Canacol Energy ;
canacol has 2 Rigs Drilling Up Light Oil Wells that take 11 to 16 days to Drill in Llanos Basin Colombia. Highly Productive Oil Wells, that Produce 1,900 to 3,009 Barrels Per Day from Just 1 Reservoir. In Fact, All of Canacol's Light Oil Fields Have 3 to 6 Oil Reservoirs Per Well. With Leono, Labrador, Rancho Hermoso and Pantro All Multiple Oil Zones/Reservoirs. High $67 Netback per Barrel Going Higher toward $70 as More Leono Pantro Oil Wells Come Online. Labrador 4 just Hit another 1,900 Barrel Reservoir and Leono 3 Drills Next Week. Should be Another 3,009 Barrel