Exploration & Production | Operational Updates | Drilling / Well Results
Petroamerica Discovers Light Crude in Los Ocarros
Print
|
Petroamerica Oil Corp., has announced a light oil discovery at the La Guira-1 exploration well on the Los Ocarros Block.
Total Company Working Interest production reached a new high with an average rate of 6,312 barrels of oil per day over the month of October.
Operations at the El Eden Block continue to progress, with the La Casona-2 well scheduled to begin testing in the next two weeks, the La Casona-1 well long term test production expected to commence within the next week, and the Rumi-1 exploration well currently drilling at a depth of approximately 5,000 feet.
La Guira Well, Los Ocarros Block (50% Working Interest)The La Guira-1 exploration well on the La Guira prospect was spud on October 9, 2013 and drilled to a total depth of 12,500 feet. The well encountered 11 feet of net pay…
Finish this article — free account or subscription
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in