Colombia

Canacol Energy Ltd., Calgary, set production casing at the Recio-1 exploration well in Colombia’s Middle Magdalena basin.
April 1, 2010

By OGJ editors
HOUSTON, Apr. 1
– Canacol Energy Ltd., Calgary, set production casing at the Recio-1 exploration well in Colombia’s Middle Magdalena basin.

The well cut 10 ft of potential oil pay in a Lower Tertiary Middle Honda sandstone at 1,548-58 ft measured depth and 27 ft of potential oil pay in a Lower Honda sandstone at 1,608-35 ft measured depth.

Interests in the Sierra exploration and production contract area are Canacol and Benchmark Energy Corp., Calgary, 25.5% each, and TC Oil and Services and Winchester Oil and Gas SA 24.5%.

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