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Black Rock Oil & Gas reports on Acacia Este production tests

04 March 2008

Black Rock Oil & Gas has reported on production tests at its Acacia Este-2 well in Colombia.

Production rose to a maximum of 20 barrels of heavy oil per day but currently the well is producing between 5 and 10 BOPD. Evaluation and testing of the well is ongoing.

In addition, Acacia Este-1 is currently pumping between 50 and 60 barrels of 14.9 degrees API heavy oil per day under long-term production test. Additional storage facilities have been installed at the Acacia Este Field site.

Dr John Cubitt, Managing Director of Black Rock Oil & Gas Plc, commented:

'The results so far from the production test on Acacia Este-2 together with the continuing long term production test from Acacia Este-1 are positive for the field. The next important milestone for Acacia Este is the acquisition of the seismic to better understand the field ahead of selecting the drilling location for the Acacia Este-3 well.'

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