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GeoPark's Jacana 3 Appraisal Well Hits Pay in Colombia

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GeoPark's Jacana 3 Appraisal Well Hits Pay in Colombia

GeoPark Limited announced the successful drilling and testing of the Jacana 3 appraisal well in the Jacana oil field in the Llanos 34 Block (GeoPark operated with a 45% working interest) in Colombia.

GeoPark drilled and completed the Jacana 3 appraisal well to a total depth of 11,008 feet. Petrophysical logging analysis in the well demonstrated hydrocarbons throughout the Guadalupe formation without identifying an oil-water contact. A production test in the Guadalupe formation with an electric submersible pump over a period of 7 days resulted in a flow rate of approximately 1,650 barrels per day of oil of 15 degrees API, with approximately 1% water cut, through a choke of 43/64 inches and wellhead pressure of 50 pounds per square inch. Further production history is required to determine…

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