The well intersected both the reservoir and the basement, approximately 80 feet high, to prognosis. As previously reported and as expected, the well intersected oil shows from a depth of 2,600 feet in the Mugrosa Formation reservoir sandstones.
Wireline logs have been run in the hole to evaluate the hydrocarbon shows and formations penetrated by the well. As a consequence of these shows, 7" casing will now be run to a depth of 2,695 feet. Once casing has been cemented in place, the open hole reservoir section will be under-reamed to a diameter of 11 inches and the well completed for testing.
For cost and efficiency, it is planned that the drilling rig will be released and a workover rig mobilized for testing.
Black Rock has 50% equity in this project.
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