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Santa Maria to Abandon Llanos Wells After Poor Results

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Santa Maria to Abandon Llanos Wells After Poor Results

Santa Maria Petroleum Inc. has been informed by Omega Energy Colombia, the operator of the Llanos 21 block in the Llanos basin in Colombia, that it has abandoned the Calacho No. 1 and the Rocamao No. 1 wells.

The wells were part of a continuous two well drilling and testing program carried out by the operator in fulfillment of the exploration requirements on the block. Completion and testing of the wells was delayed by a combination of weather conditions and blockades of industry access roads in the area by local citizens.

The C7 formation in the Calacho No. 1 well was recently tested. During the test period the C7 formation produced a total of 5,857 barrels of fluid, consisting of 5,669 barrels of water and 188 barrels of 35 degree API oil. The maximum fluid production rate was…

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