Paraguay Update Jacaranda-1 Preliminary Results September 2014
Paraguay Update August 2014 Jacaranda well (PE-PY-J x-1) W E Gamma Ray Yacoraite Well penetrated 800m of Oil Window live Devonian source rock, but did not Gas/Cond 5%total gas Window drill deep enough to penetrate…
Paraguay Update August 2014 Reservoir Results Reservoir Net (m) Por (%) Pore Fill Exploration Follow-up Yacoriate 50 19 C1-C5 shows No fault seal. Follow up in (residual) 4WD & Yacoraite pinch-outs Lecho 71 25 C1-C5 shows No top…
Paraguay Update August 2014 Devonian Formation Evaluation* Natural fractures (density 1-5/m) and silts throughout gross interval Trip gas up to 50% Potential for enhanced completions quality in shale associated sweet spots with…
Paraguay Update August 2014 Devonian Formation Results* President has 34,500 km2 under Licence Depth 3631-4500m Thickness 869m (TD within Devonian) Effective Porosity (%) 2.6-6% (av. 3.5%) Organic carbon, TOC (% wt) 1-2% (av.…
Paraguay Update August 2014 Mancos Formation USA* Based upon various expert advice the Mancos shale in the US has similar properties Current Operators targeting Mancos silts and liquids prone areas with initials of 400- 500 boe/d…