Osage, Partners Elect to Case Onshore Colombian Well

Osage, in conjunction with its partners Gold Oil, Lewis Energy Colombia, and EMPESA, has elected to case the Rosablanca-1 well. This decision was entered into after evaluation of the electric logs and sidewall cores taken from the well bore.

“The Rosablanca section was thicker than we had anticipated and we encountered 30 feet of the lower Tambor sand with good shows,” stated Greg Franklin, VP Exploration. ”We will perforate and test four different zones, and remain very excited about the prospectivity of this well and this project,” he added.

“After drilling the Rosablanca-1, then taking logs and core samples, it is apparent that casing the well is in the best interest of the joint venture,” stated Kim Bradford, Chairman and CEO. “We are pleased and encouraged by the preliminary information.”