BRIEF-Canacol Energy doubles natural gas drilling activity in Colombia

Wed Sep 21, 2016 5:05pm EDT
 
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Sept 21 (Reuters) - Canacol Energy Ltd L

* Canacol Energy Ltd. doubles natural gas drilling activity in Colombia

* Revised 2016 capital plan has increased by $34 million, from $58 million to $92 million

* One new oil well will be drilled over remainder of 2016

* Estimates oil and gas sales before royalty between 16,000 to 17,000 barrels of oil equivalent per day ("BOEPD") for 2016

* Anticipates near record EBITDAX of approximately $135 million for 2016

* Sees q3 oil and gas sales before royalty of approximately 18,200 boepd Source text for Eikon: Further company coverage: