11:37 AM EST - Canacol Energy Ltd. : Provided the following update concerning its gas sales and the expansion of its Jobo gas processing facility. Realized contractual gas sales currently total 90 million standard cubic feet per day. Canacol's gas sales are priced in U.S. dollars sold at the Jobo plantgate under long term multi year escalated take or pay contracts at a 2016 average sales price of $31.92 U.S. / barrel of oil equivalent ("boe"), or $5.60 U.S./ thousand standard cubic feet ("mscf"), to major Colombian gas consumers including thermoelectric producers and mining companies. Canacol Energy Ltd.
shares T.CNE are trading up $0.07 at $4.04.