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Canacol Energy Ltd.

11:59 AM EST - Canacol Energy Ltd. : announced that the Coati-1 well on the Coati Block in the Southern Putumayo Basin of Colombia has successfully drilled to a planned total depth of approximately 10,800 feet. As initially planned, Platino Energy Corp., has run casing to the top of the Caballos formation (at approximately 10,460 feet) and plans to case the well through to the Caballos formation at approximately 10,800 feet. As previously announced by the Operator, the Operator plans an extensive test program which is expected to take several weeks with plans to release preliminary well results only at the end of the program. Canacol Energy Ltd.
shares T.CNE are trading up $0.04 at $3.30.