Argentina Well Strikes Oil

摘要

Americas Petrogas and its co-venturer Gran Tierra Energy said they have made a "significant discovery" of oil in the first of three exploration wells on the Rinconada Norte block in the Neuquen Basin in Argentina. The company reported an initial flow rate of 1,023 boe/d from two intervals tested separately in the Precuyo formation at depths of 982-992 meters (3,221-3,255 feet) and 1,022-1032 meters.