11:51 AM EST - Canacol Energy Ltd. : reported its financial results for the fiscal year ended June 30, 2012. Year-over-year net revenues increased 64% to $184.9 million and 2P reserves and deemed volumes increased 79% to 16.1 million barrels of oil. The associated value of 2P reserves and deemed volumes increased 58% to $492.1 million. 2012 had its challenges on the operational front, particularly with respect to production operations at the Rancho Hermoso field in the last half of the fiscal year. Canacol Energy Ltd.
shares T.CNE are trading unchanged at $0.45.