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Parex Mobilizing Rigs to Multiple Projects; Accelerating Drilling
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Parex Resources Inc. reported on its 2H2016 activities, including mobilizing more rigs and accelerating drilling.
Upcoming Work ProgramThroughout September 2016, Parex expects to accelerate its drilling program, with rigs mobilizing to the following locations:
Aguas Blancas (WI 50%): Civil works are underway as we prepare to mobilize a drilling rig to spud an appraisal well prior to the end of September 2016. We are also preparing a second pad for drilling and expect to drill a total of 6 appraisal wells in 2016. Block LLA-34 (WI 55%): Following up on the successful Jacana-5 exploration well (currently producing approximately 2,500 bopd), the drilling rig will move from the Tigana-4 development well to the Jacana-6 exploration well. The Jacana-6 well is programmed to evaluate the…- ✓ Full news archive — U.S., Canada & international coverage
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