Canacol Energy Oil Netbacks are $60 already at LLA23 Oil Block, 80% owned by Canacol Energy! Going to $70 / barrel Netbacks this Q. as Oil is Up and Production from RH gas add to Canacol's Netbacks of more than $70 per barrel. Furthermore, on March 14/ 2013 New Oil well drilling there, adding another 1,500 boed Production by March 31/2013 at LLA23. Even Ecuador Oil Netbacks $40/barrel to Canacol.