Nov 12 (Reuters) - Canacol Energy Ltd CNE.TO :
* REPORTS AN 11% INCREASE IN REALIZED CONTRACTUAL GAS SALES AND A NET INCOME OF $2.6 MILLION IN Q3 2020
* QTRLY TOTAL NATURAL GAS REVENUES, NET OF ROYALTIES AND TRANSPORTATION EXPENSES INCREASED 2% TO $56.3 MILLION VERSUS $55.1 MILLION
* FOR REMAINDER OF 2020, CORPORATION PLANS TO COMMENCE DRILLING OF TWO ADDITIONAL GAS EXPLORATION WELLS, FLAUTA-1 AND SIKU-1
* CORPORATION ALSO PLANS TO ADD TWO NEW EXPLORATION AND PRODUCTION CONTRACTS TO ITS PORTFOLIO, VIM-44 BLOCK AND VMM-47 BLOCK