Labrador  Oil Well Results this Tues. At the very least Labrador will hit drilling basement, and Canacol owns 80% of this Oil Well. Started Drilling Oct 30/2012 (20 days to Drill)  IN FACT, Canacol Energy:  HAS 50 Leads 1,100,000 Acres in Heavy Oil Basin. CAPELLA, PORTOFINO, CEDRELA, ACHAPO, TAMARIN, SANGRETORO, SERRANIA, LOS PICACHOS, & MACAYA BLOCK$ CANACOL BOUGHT FOR $33 PER ACRE, SELLING NOW FOR $209 PER ACRE..FACT Ecopetrol pays $209 per acre beside PORTOFINO BLOCK.