General Announcement::Canacol Energy Ltd. Announces 2P Reserves and Deemed Volumes of 599 Bcfe Worth US$2.6B BTAX

Issuer & Securities

Issuer/ Manager
CANACOL ENERGY LTD.
Securities
CANACOLENE US$500M5.75%281124A - US134808AD63 - PNTB
CANACOLENE US$500M5.75%281124R - USU13518AC64 - YW0B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
21-Mar-2025 06:20:03
Status
New
Announcement Sub Title
Canacol Energy Ltd. Announces 2P Reserves and Deemed Volumes of 599 Bcfe Worth US$2.6B BTAX
Announcement Reference
SG250321OTHRNRC2
Submitted By (Co./ Ind. Name)
Canacol Energy Ltd.
Designation
SGX-SE
Description (Please provide a detailed description of the event in the box below)
Canacol Energy Ltd. Announces 2P Reserves and Deemed Volumes of 599 Bcfe Worth US$2.6B BTAX and 10 Year Reserve Life Index

CALGARY, ALBERTA - (March 20, 2025) - Canacol Energy Ltd. ( Canacol or the Corporation ) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its conventional natural gas, light, medium, and heavy crude oil reserves, and deemed volumes for the fiscal year end December 31, 2024. The Corporation s conventional natural gas reserves are located in the Lower Magdalena Valley basin, Colombia. Canacol has light and medium crude oil reserves located in the Middle Magdalena Valley basin, Colombia and light, medium, and heavy crude oil reserves and deemed volumes in the Llanos basin, Colombia.

Attachments

20.03.2025 - Canacol Energy Ltd. Announces 2P Reserves and Deemed Volumes of 599 Bcfe Worth US$2.6B BTAX.pdf
Total size =468K