Norwood Reports Abundant In-Place Oil on the Oklanicsa Concession
Norwood Resources has received an independent evaluation of the well logs from both San Bartolo and Las Mesas conducted by Fronterra Geosciences.
Low resistivity / low contrast pay intervals have been identified corresponding to the DST intervals where oil was recovered in both Las Mesas and San Bartolo. These intervals were not originally recognized in the previous petrophysical analysis as pay.
The report confirms formation damage in many of the intervals especially in Las Mesas where the borehole was open longer before logging.
- Norwood Tests Positive Oil Flows at San Bartolo ST in Nicaragua (Feb 19)
- Norwood Pumps 38.5 API Light Crude Oil from SB-1X2 in Nicaragua (Dec 16)
- Norwood to Recommence Drilling on Indoklanicsa Concession in Nicaragua (Jul 15)