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Canacol Energy Ltd.

11:48 AM EST - Canacol Energy Ltd. : reported its financial results for the fiscal year ended ended June 30, 2011. Total revenues increased 401% to $114.4 million U.S. from $22.8 million U.S. for the fiscal year ended June 30, 2010. Operating cash flow increased to $47.8 million U.S. from $200,000 U.S. for the 12 months ended June 30, 2010. Canacol Energy Ltd. shares T.CNE are trading down $0.02 at $0.65.