Amerisur Resources announces successful Mariposa-1 well in the CPO-5 block, Llanos Basin

Source Press Release
Company Amerisur Resources PlcONGC 
Tags Exploration, Upstream Activities, Discovery
Date May 04, 2017

Amerisur Resources, the oil and gas producer and explorer focused on South America, has announced that well Mariposa-1 has been successfully drilled to a total depth of 11556ft (MD). Analysis indicates the presence of approx. 120ft of oil saturated net pay in the Lower Sands Unit 3 of the Une formation. In addition, good shows of oil and gas were encountered while drilling this section. The Operator, ONGC Videsh, is currently conditioning the well to run and cement a 7" production liner in order to initiate the testing programme.

John Wardle, Chief Executive Officer, commented:

'I am delighted with the result of the Mariposa-1 well, in the CPO-5 block. We look forward to updating shareholders upon completion of further tests by our partners ONGC Videsh.'

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