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Canacol Energy Ltd. Tests 46.3 MMSCFPD (8,123 BOEPD) from 8th Consecutive Colombian Gas Discovery at Toronja 1

Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) is pleased to provide the following update for the Toronja 1 exploration well, the Corporation’s eighth consecutive gas discovery in the Lower Magdalena Basin. The Corporation also announces the addition of a fourth gas exploration well, Gaitero 1, to its drilling program

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