Suroco Energy Inc. says that the Cohembi-6 appraisal well in the Suroriente Block encountered 24 feet of net oil pay and will commence production in early March, 2013. Drilling has now commenced from the same surface pad for the Cohembi-9 well, which will be directionally drilled 1.2 kilometers south of the Cohembi-6 well.

Mr. Alastair Hill, the Corporation's President and Chief Executive Officer commented, "The results from the Cohembi-6 well have exceeded our expectations, as we have encountered one of the thickest net pay intervals in the field to date. This success gives us optimism as we continue our appraisal and development in the southwestern quadrant of the field".

Cohembi-6 Well

The Cohembi-6 well is the first well drilled from the newly constructed Cohembi-6 surface pad. The operator of the Suroriente Block and the Corporation now plan to drill three additional wells from the same pad. The Cohembi-6 well was spudded on January 20, 2013 and drilled vertically to a total depth of 8,642 feet, approximately one kilometer south-west of the Cohembi-13 well. It encountered 24 feet of high quality oil pay with no indication of an oil-water contact.

Tags: Suroco Energy