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GeoPark Begins Drilling Ops in Llanos Basin; Six-Well Program
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GeoPark Limited announced the start-up of its drilling program in the Llanos 34 Block (GeoPark operated with a 45% working interest) in Colombia.
GeoPark’s 2016 drilling program in the Llanos 34 Block commenced the second week of June with the spudding of the Jacana 3 appraisal well and is expected to continue with the drilling of the Jacana 4 well. The Jacana oil field, discovered in September 2015, is currently producing approximately 5,700 bopd gross from two wells and is located south-west and on trend with the large Tigana oil field.
In Colombia, GeoPark is targeting to drill approximately 6 wells (including 1-2 exploration wells) in the Llanos 34 Block during 2016 to continue the Company’s low cost economic production growth. This block became a leading geological and economic…
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