09:54 AM EST - Canacol Energy Ltd. : Provided the following update concerning its ongoing exploration and development drilling programs. Pibe-1 Exploration Well (VIM-21 Exploration and Exploitation Contract 100% Operated Interest). The Pibe-1 exploration well was spud on November 23, 2024, and reached a total depth of 11,000 feet measured depth (“ft MD”). The well is located approximately 4 kilometers to the north of the recent Chontaduro-1 discovery. The well encountered 1,044 feet true vertical depth (“ft TVD”) of gross gas column within the Cienaga de Oro sandstone reservoir. Canacol Energy Ltd.
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