Canacol Energy Over 10,000 BOED in June 2013 as Labrador 3 oil well comes online imo... also Charle Gamba, President and CEO of Canacol, commented, "For the period January through to mid May 2013 the Corporation has managed to keep production basically flat without the benefit of drilling a single new development well. With the first 2 of our 9 production wells planned for 2013 coming on stream late last week, we anticipate steady and significant production growth throughout the remainder of calendar 2013, starting with the 1,500 bopd that we added late last week to our Corporate total from these two wells. The Corporation has also realized a significant reduction in field opex and transportation costs for year to date, as reflected in our recent financial statements, which will increase the profitability of the Corporations production going forward. Following up on the success of our oil discovery at Labrador, the Corporation plans to drill 2 additional exploration wells on the LLA 23 block during the remainder of the year, both located to the north of and on the same fault trend as the Labrador oil discovery."