Black Rock spuds Acacia Este appraisal well
28 December 2007
Black Rock Oil & Gas has spudded the Acacia Este 2 appraisal well in the Las Quinchas Association Contract in the Middle Magdalena Valley of Colombia.
The well is expected to take up to 40 days to drill, test and complete.
Acacia Este was announced as a discovery on the 18 July 2007 producing oil from several sand horizons in the Tertiary Mugrosa Formation. Testing subsequently recovered heavy oil to a maximum rate of 101 barrels per day with only 5 per cent. bottom sediment and water at standard conditions and low pump rates.
Black Rock added that its joint venture partner, Kappa, intends over the next year to conduct a programme of appraisal well drilling and new seismic acquisition over the Acacia Este field to delineate the size and nature of the discovery.
Dr John Cubitt, Managing Director of Black Rock Oil & Gas plc, commented:
"The spudding of Acacia Este 2 which is 0.5 kilometres from the Acacia Este discovery well represents the first step in the appraisal of the significant heavy oil discovery made earlier this year. We eagerly await the outcome of the well.”
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