Pacific Stratus Encounters Gas with La Creciente-1 Well


Magdalena Basin
(Click to Enlarge)
Pacific Stratus Energy says that its 100%-owned La Creciente-1 well in the Lower Magdalena Basin in Colombia, has been drilled to a depth of 11,557 feet and has encountered gas shows over a gross interval of 642 feet in the Cienaga de Oro Formation. Drilling to a final depth of 11,600 feet is expected to be completed today. The Company is now preparing to log the well to further evaluate the gas shows. The Company has all the necessary equipment at the well site to test the selected interval following completion of the logging program and the Company intends to issue a further announcement after the logging is completed.

Pacific Stratus Energy is an oil and gas company with interests in the Doima block and Ortega-Pacande oil fields, as well as in the La Creciente, Moriche and Puli-B exploration blocks in Colombia. The company is focused on identifying acquisition opportunities primarily within the upstream Sub Andean basins, initially in Colombia. The company has offices in Toronto, Caracas and Bogota.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Core Analyst II
Expertise: Geoscience Technician|Laboratory Ops / Tech
Location: Houston, TX
 
Asset Integrity Manager
Expertise: Asset Management|QA / QC / Inspection|Reliability Engineer
Location: Pasadena
 
Senior Geologist (On-call)
Expertise: Geologist
Location: Minneapolis, MN
 
search for more jobs

Brent Crude Oil : $54.94/BBL 0.88%
Light Crude Oil : $51.79/BBL 0.21%
Natural Gas : $3.65/MMBtu 6.10%
Updated in last 24 hours