Americas Petrogas confirms Vaca Muerta shale find

Argentina: the Americas Petrogas frac team

AMERICAS PETROGAS

related stories

Danica Newnham

 26 February 2013 06:41 GMT

Toronto-listed Americas Petrogas has made a new light oil discovery on its Totoral Block in the south-western region of the Neuquen basin, Argentina.

The company said on Tuesday its LHo.x-1 well had established oil production potnential from the Vaca Muerta shale play in a new and large region, the Picun Leufu sub-basin, which extended over the company’s Totoral, Yerba Buena and Bajada Colorada blocks.

Americas Petrogas chief executive Barclay Hambrook said the discovery added “significant exploration upside to a very large area where the Vaca Muerta formation could be produced at relatively shallow depths”.

LHo.x-1 was drilled to a depth of about 1900 metres, then cased and cemented in the middle of last year. It had…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index