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Tuesday, 02 December, 2008, 21:40 GMT | more >>

Global set to spud probe in Colombia



By Upstream staff 

UK-listed Global Energy Development expects to spud its first exploration well within the Los Hatos concession in Colombia by late August this year.

The Los Hatos-1 well is located updip and about 300 metres from the Cajaro-1 well in the Balo Blanco field that has produced about 328,000 barrels of oil since it was placed on production in June 2003.

Global said that it expects Los Hatos-1 to encounter a significantly larger oil zone than Cajaro-1. Which intersected 11 feet of oil pay.


Tuesday, 16 August, 2005, 06:46 GMT  | last updated: Tuesday, 16 August, 2005, 06:46 GMT

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