Chaco Announces Spudding of Sayona-1


Llanos Basin, Colombia
(Click to Enlarge)
Chaco Resources Plc said that the Sayona-1 well, the second well on the Primavera block in the Llanos Basin in Colombia, has begun drilling. The well, which is operated by Gran Tierra Energy, is planned to drill to approximately 3,800 feet, and is expected to take approximately two weeks. Chaco Resources has a 55% interest in the well.

The exploration targets are the high-quality sands of the Carbonera formation.

The current exploration phase in the Primavera block terminates in May 2007. The completion of the Sayona-1 well will constitute the completion of our exploration commitment for phase one of the work program on the block.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
U.S. Zanesville: Sr Field Engineer - Directional Drilling
Expertise: Directional Driller
Location: Zanesville, OH
 
United States Canonsburg: Service Manager
Expertise: Customer Service|WellSite Supervisor
Location: Canonsburg, PA
 
Drilling Engineer II Job
Expertise: Drilling Engineering|Petroleum Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours