Americas Petrogas Finishes Hydrualic Stimulation at Vaca Muerta Shale Well

Americas Petrogas Inc., operator, announced it has completed a multi-stage hydraulic stimulation program on its ALL.x-1 well on the Los Toldos I block, which the company (45%) operates and shares with ExxonMobil (45%) and Gas y Petróleo del Neuquen (10%).

The multi-stage hydraulic stimulation involved four stages and was completed in the Vaca Muerta shale formation of the ALL.x-1 well. The operations were carried out as per the predicted program. As earlier reported, the ALL.x-1 was drilled and cased to total depth of approximately 10,554 feet (3217 meters). It was also reported that the well intersected a continuous 1843 feet (562 meters) of the Vaca Muerta shale formation.

Americas Petrogas, as Operator, is now proceeding with plans for production testing of the well.

"We are pleased with the progress that we have made on this well and continue to be excited about the prospects for our unconventional wells," President and CEO Barclay Hambrook said.

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