Petrolifera Sees Positive Results from Well 1015

Petrolifera Petroleum reports that the RN. PM. a-1015 well in the northern portion of its Puesto Morales/Rinconada Concession in the Neuquen Basin, Argentina is flowing 100 percent oil on test at a rate of approximately 1,350 bbl/d through a 20 millimeter choke from the Sierras Blancas Formation. The indicated rate is approximately 50 percent higher than that recorded on test in the offsetting 1004 well, due to better reservoir conditions.