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    Canacol Energy Ltd. Tests C7 Reservoirs From the Rancho Hermoso 10 Well in Colombia

    Investing News Network
    Feb. 24, 2011 02:54PM PST
    Oil and Gas Investing

    Canacol Energy Ltd. (CVE:CNE) updates on the Rancho Hermoso Field drilling program at the Llanos Basin of Colombia.

    Canacol Energy Ltd. (TSXV:CNE) updates on the Rancho Hermoso Field drilling program at the Llanos Basin of Colombia.

    The press release is quoted as saying:

    The Corporation has completed four production tests in the recently drilled Rancho Hermoso 10 (“RH 10″) well. The Corporation previously tested a combined rate of 19,066 barrels of oil per day (“bopd”) from the Ubaque and Guadalupe reservoirs. The RH 10 well encountered 110 feet (“ft”) of net oil pay within 5 different reservoir intervals, which include, from top to bottom, the C7, Mirador, Los Cuervos–Barco, Guadalupe, and Ubaque.

    Click here to access the entire press release

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