Amerisur Resources provided an update on the well Platanillo-3 in the Platanillo Field, Colombia, the first of a planned six well drilling campaign.

After analysis of the electric logs the Company has estimated that the Platanillo-3 well encountered an interval of 85 feet gross, 52 feet net pay in the U sands of the Villeta formation. Two additional zones within the Villeta may also contain potential pay and are under evaluation.

The Company perforated the upper 26 feet of indicated net pay using a Drill Stem Testing assembly. Over a flow period of 24 hours the interval produced in natural flow at a final stabilized rate of approximately 2,340 bopd of 30.4 degree API oil with trace water, while choked back and with wellhead pressure of approximately 44 psi.

Tags: Amerisur Resources Plc