Brief: Canacol Energy Provides Gas Sales And Drilling Update

Canacol Energy (Alberta)

05/09/2023 15:02

Sept 5 (Reuters) - Canacol Energy Ltd  CNE.TO :
    * CANACOL ENERGY LTD. PROVIDES GAS SALES AND DRILLING UPDATE
    * REALIZED CONTRACTUAL NATURAL GAS SALES WERE 178 MILLION
STANDARD
CUBIC FEET PER DAY FOR AUGUST 2023
    * COMMENCING SECOND WEEK OF AUG CORPORATION EXPERIENCED
UNUSUAL
AND UNEXPECTED PRODUCTION CAPACITY RESTRICTIONS AT SOME  GAS
FIELDS
    * CORPORATION WORKING ON REMEDIATING THIS SHORT-TERM
DISRUPTION
AND EXPECTS TO HAVE PRODUCTION BACK TO NORMAL LEVELS SHORTLY
    * CORPORATION IS CURRENTLY DRILLING FRESA 2 APPRAISAL
    * CORPORATION HAS HAD TO RESTRICT GAS DELIVERIES UNDER
CERTAIN
SUPPLY CONTRACTS DEDICATED TO SUPPLYING NON-ESSENTIAL GAS DEMAND
    * COMPANY WILL RETURN TO EXPLORATION DRILLING PRIOR TO YEAR
END

Source text for Eikon:  ID:nSN5w7q0y 
Further company coverage:  CNE.TO 

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