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Petroamerica Makes New Llanos Basin Discovery

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Petroamerica Makes New Llanos Basin Discovery

Petroamerica Oil Corp., a Canadian oil and gas company operating in Colombia has announced that testing operations have established a stabilized test rate of 760 barrels of oil per day (bopd) from the Langur-1X exploration well on the LLA19 Block in the Llanos Basin of Colombia .

After being drilled to 13,717 feet TD, the Langur-1X exploration well was cased to evaluate 14.5 feet of Gacheta C oil pay. Two intervals were perforated and the well was tested for fifteen days under flow-assistance by coiled tubing and nitrogen, establishing a stabilized flow rate over the last 24 hours of 760 bopd of 24° API oil (380 bopd net to the Company before royalty) with a 27% watercut. The watercut was steadily decreasing for the duration of the test from approximately 50% at the beginning of the test…

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