Exploration & Production | Drilling / Well Results | Key Wells | Production Rates
Petronova Provides Well Results for CPO 13
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PetroNova Inc. has provided an operational update for its CPO-13 and Tinigua Blocks, in which PetroNova has a 20% and 40% working interest, respectively.
Antonio Vincentelli, PetroNova's President and CEO, said: "The CPO-13 Block has become the launching pad for reserve growth for the Corporation and hence the base for expanding our production capacity. The Pendare discovery is emerging as an attractive producer even under relatively harsh economic scenarios. Although we do not yet have conclusive flow tests, preliminary results from the Tillava wells suggest that a similar trapping mechanism of the contiguous fields are present in our block."
CPO-13 BlockIn the CPO-13 Block, during phase 2 of the exploration period the Company drilled five wells of an ongoing eight well drilling…
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