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Wednesday, 07 January, 2009, 19:50 GMT | more >>

Loon drill hits dirt at Abanico



By Upstream staff 

Calgary-based Loon Energy has kicked off its drilling programme on the Abanico block in Colombia.

The Ventilador-2 well, the first of a three to four well programme to be drilled during the remainder of 2005, was spudded on 25 August. The probe is targeting a shallow gas zone.

The drilling rig is now being moved to the Aleli-1 well location and drilling should begin in early September.

The Aleli-1 will be drilled to 2300 metres and will target a large structure that holds reserves of 120 million barrels of oil.


Monday, 29 August, 2005, 17:16 GMT  | last updated: Monday, 29 August, 2005, 17:17 GMT

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