2P Replace reserves increased to 637 BCF | CNE:CA Message Board Posts


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Msg  237 of 242  at  3/3/2021 12:25:04 PM  by

urhmi

The following message was updated on 3/3/2021 12:39:40 PM.

2P Replace reserves increased to 637 BCF

Canacol Energy Ltd. Achieves 122% 2P Gas Reserve Replacement Ratio Increasing 2P Reserves to 637 BCF With a BTAX Value of US$1.7 Billion
CALGARY, Alberta, March 03, 2021 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) is pleased to report its conventional natural gas reserves for the fiscal year end December 31, 2020. The Corporation’s conventional natural gas reserves are located in the Lower Magdalena Valley basin, Colombia.
Canacol Energy Ltd Gross Natural Gas Reserves Summary

Best Rgds;
R..............NAV after TAX = $ 3.41 based on 1P with RLI 5.7 for 1P Only


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