09:10 AM EDT, 04/18/2024 (MT Newswires) -- Canacol Energy ( CNNEF ) on Thursday reported a new gas discovery at the Chontaduro 1 exploration well.

The Chontaduro 1 exploration well was spud on April 2 and reached a total depth of 9,625 feet on April 8. The well encountered a 123-foot true vertical depth of net gas pay with an average porosity of 21% within the primary Cienaga de Oro sandstone reservoir.

The Cienaga de Oro reservoir was perforated over a 279 feet measured depth Interval and the well tied into the Jobo gas treatment facility. The well started at a production rate of 5 million standard cubic feet per day for two hours at a choke 29/128" and a THP of 2290 psi, the company said.