10:46 AM EST - Canacol Energy Ltd. : announced a 234-billion-cubic-feet ("BCF") (41 million barrels of oil equivalent - "MMBOE") increase in its working interest before royalty 2P gas reserves associated with its recent Clarinete and Palmer discoveries, and a positive revision at its Nelson field. Canacol working interest before royalty 2P gas reserves as of February 28, are 345 BCF (61 MMBOE) with a pre-tax net present value discounted at 10% ("PTNPV10") of $852 million U.S. Canacol Energy Ltd.
shares T.CNE are trading unchanged at $2.58.