OREANDA-NEWS. Canacol Energy Ltd. announces that Mr. Mark Holliday has elected to retire from the Corp oration effective November 30, 2015 after 7 years as Chief Operating Officer. Mr. Holliday will be replaced by Mr. Ravi Sharma effective October 1, 2015.

Mr. Ravi Sharma is a reservoir engineer with 30 years of oil and natural gas expe rience in the Americas, Middle East, Russia, Australasia, and Africa. He has held progressively senior management roles at major E&P companies worldwide, most recently Head of Production & Operations with Afren Plc. where he was responsible for production, development and operations activities in West Africa. Prior to this, Mr. Sharma was Global Petroleum Engineering Manager for BHP Billiton Petroleum where he was responsible for managing the Central Subsurface Engineering Group. While there, he was involved in several natural gas production and de velopment projects in Australasia. Mr. Sharma also held the position of Worldwide Chief Reservoir Engineer for Occide ntal Oil and Gas Corp. where his main responsibilities were to manage the central technical services group and provide technic al oversight in reservoir engineering which included development planning for natural gas condensate fields in the Middle East. Mr. Sharma holds a B.Sc. and M.Sc. in Mechanical Engineering from the University of Alberta.

Canacol is an exploration and production company with operations focused in Colombia and Ecuador. The Corpor ation’s common stock trades on the Toronto Stock Exchange, the OTCQX in the United States of Am erica, and the Colombia Stock Exchange under ticker symbols CNE, CNNEF, and CNEC, respectively.