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Petroamerica successfully appraises the Las Maracas Mirador oil discovery


Published Aug 1, 2012
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Petroamerica Oil Corp

Petroamerica Oil Corp. provide the results of its Las Maracas-3 well (the "well") drilled on the Los Ocarros Block in the Llanos Basin of Colombia.

The well has successfully appraised the Las Maracas Mirador Formation oil discovery and additionally, produced light oil from a new deeper reservoir, the Gacheta Formation, at rates of 1,491 barrels of oil per day ("bopd").

The well commenced drilling on June 28, 2012 and reached a total depth of 12,580 feet (measured depth) on July 13, 2012, following which it was logged and cased for testing.

Tags: Petroamerica Oil Corp



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