February 13, 2012 / 11:44 AM / 6 years ago

Canacol Energy posts narrower 2nd-qtr loss on higher sales volumes

Feb 13 (Reuters) - Oil company Canacol Energy Ltd posted a narrower second-quarter loss, helped by a jump in average daily sales volume.

Net loss during the quarter was $2.4 million, compared with a net loss of $14.9 million for the comparable period last year.

Total revenue jumped more than three-fold to $55.2 million.

Reporting by Shounak Dasgupta in Bangalore; Editing by Sriraj Kalluvila

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