Inspenet, January 26, 2023
Canacol Energy announced new natural gas discoveries in Colombia and its drilling plan. These are the Saxophone 1, Dividivi 1 and Chimela 1 exploration wells.
The ‘Saxophone 1’ exploration well has a VIM5 100% WI operated contract, and is located in the Lower Magdalena Basin. The well reached a total depth of 9,416 feet measured depth (ft md) encountering a 290 ft true vertical depth (ft tvd) crude gas column this month.
For its part, the ‘Dividivi 1’ exploration well has an exploration contract operated by VIM33 E&P with a 100% participation, and like Saxophone 1, it is also located in the Lower Magdalena Basin. The well reached a total depth of 4,692 ft md and encountered a crude gas column of 89 ft tvd.
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Finally, the ‘Chimela 1’ exploration well has an operated contract with a 100% participation of exploration and production by VMM45, located in the Middle Magdalena Basin. The well reached a total depth of 14,101 ft md and encountered multiple oil and gas reservoirs within the Lisama Superior and Lisama Basal primary sandstone reservoirs between depths of 12,410 and 13,694 ft md.
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