All smiles: at Pacific Rubiales
Quifa riches keep stacking up
Toronto-listed Pacific Rubiales Energy has hit pay at the Quifa-6 well, drilled on the Quifa Block, in Colombia's Llanos basin.
The company also said that the Quifa-18 appraisal, drilled on Prospect E, was a success.
Quifa-6 was drilled in Prospect A, in the north-western sector of the block, about 25 kilometres from the discoveries made on prospects D, E, H and I.
Pacific Rubiales said the well hit an oil column of about 26 feet gross, with petrophysical analysis indicating a net pay zone of 16 feet with 30% average porosity.
The company is presently planning to test the well and complete it as a vertical hole producer.
Pacific Rubiales added it regards this as a very important discovery, saying it indicates the petroleum system works perfectly in the northern reaches of the Quifa Block, opening "new and exciting opportunities" for Prospects F, G, and Q.
Prospects F, G and Q lie on the same trend and are next in the drilling sequence planned for the first quarter of this year.
Meanwhile, evaluation of the Quifa-18 well, which appraised the Quifa-5 probe, indicates a net pay zone of 49 feet, with 33% average porosity.
The company is now planning to complete the well as a highly deviated-hole producer.
Pacific Rubiales now plans to drill two further wells on prospects K and L and three appraisals on prospects H and D, taking its drilling programme for the first half of the year to eight.