LGO Energy says that the last of its currently planned 2015 development wells, GY-678, at its Goudron Field development in Trinidad, which was spudded on 13 August 2015 successfully reached TD at 4,219 feet measured depth on 5 September. Electric log interpretation from both the Goudron Sandstone and C-sand reservoir intervals confirm the presence of recoverable hydrocarbons, with a net hydrocarbon pay in the C-sand main target totaling nearly 480 feet.

Neil Ritson, LGO's Chief Executive, commented,'Well GY-678, the seventh C-sand well this year, was targeting an area of anticipated thicker sandstone development and has successfully located a similar section to GY-670, which was drilled and completed late in 2014 and has subsequently produced over 105,000 barrels oil to date. This new well has found that same thick sand package and will now be completed for production.'

Tags: LGO Energy