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Gran Tierra walks away from Popa



By Upstream staff 

Canadian outfit Gran Tierra Energy has plugged and abandoned the Popa-1 wildcat, onshore Colombia, saying the well was a non-commercial discovery.

Drill stem testing in two of the uppermost prospective sandstone intervals of the Monserrate formation saw the flow of 200 barrels of light oil per day. This was unable to give the company a definite idea of the reservoir performance due to equipment constraints

However, a second test in late October was unable to prove commercial rates of production.

Gran Tierra said that it now plans to shoot a seismic survey early next year to further delineate the Popa structure and assess the potential of a number of leads near the Popa site.


Tuesday, 21 November, 2006, 07:39 GMT  | last updated: Tuesday, 21 November, 2006, 08:00 GMT

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