Exploration & Production | Drilling & Completions | Drilling / Well Results
NAMG Recovers Oil at Tejon Prospect
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North American Oil and Gas Corp. (NAMG) has reported that 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 depths between 7,120-7,180. 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. NAMG holds a 75% participation interest. East West Petroleum, through its 100%-owned U.S. subsidiary Avere Energy Corp., holds a 25% participation interest in the Tejon Extension prospect.
The Company also announced that ongoing leasing activities in the southern sector of the San Joaquin Basin with EWP has now built…
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