Exploration & Production | Drilling / Well Results | Top Story
East West Touts San Joaquin Position; Tests Tejon Well
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East West Petroleum Corp. has provided the following update on its California exploration program in the San Joaquin Basin of California.
After drilling the Pass Exploration well, on budget, to a total depth of 7,550 feet to test the Tejon Extension prospect, a total of four zones were tested. A small amount of light oil was recovered in one test at depth between 7,120-7,180. North American Oil and Gas Corporation (NAMG), the project operator, has released the rig, pending more detailed petrophysical and geological studies. Additional testing of a shallow zone is anticipated at a later date.
East West Petroleum, through its 100%-owned U.S. subsidiary Avere Energy Corp., holds a 25% participation interest in the Tejon Extension prospect, with NAMG holding the remaining 75% participation…
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