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Santa Maria Petroleum Inc. Completes Testing of Columbian Well

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Santa Maria Petroleum Inc. is pleased to announce that it has completed testing operations of the Flami-1 well at the Llanos 27 Block and is now making an application to have the well put on extended production test.

The Flami-1 well is the second well drilled by NCT Energy Group C.A. Colombia, as official Operator of the Llanos 27 Block, along with Santa Maria and its partners. The well commenced drilling on April 23, 2012 and was drilled with the Saxon 132 1,500 horsepower rig and was successfully drilled to a total depth of 9,300 feet on May 31, 2012.

Well logs indicated an estimated 20 feet of potential gross oil pay in the Mirador formation and 22 feet in the Une formation. Testing operations of both the Une formation and Mirador formation have now concluded.

Une Formation Test

On Jun…

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