bullish

Canacol Energy - Q3 gas sales dip but netbacks improve

356 Views14 Oct 2023 07:10
Issuer-paid
SUMMARY

On 10 October, Canacol Energy provided an update on gas sales and drilling results. Gas sales in Q3 were 178mmcf/day, which was down approximately 4% from the level seen in Q2 due to previously flagged problems at its Jobo gas processing plant. This is being resolved and management is confident about achieving its average 2023 production targets.

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