Brownstone Spuds Canaguay #1 Well in Colombia

Source: www.gulfoilandgas.com 6/7/2010, Location: South America

Brownstone Ventures Inc is pleased to announce that the Company, along with its partners, including Quetzal Energy Ltd. as operator, has commenced drilling the Canaguay # 1 well on the Canaguaro Block in the Llanos Basin, Colombia. The well has a planned total depth of 16,000 feet and drilling is expected to take approximately 75 days. The well is programmed to test the hydrocarbon potential of several reservoirs including the Carbonera, Mirador, Gacheta, and Une. Brownstone has a 25% working interest in the Canaguaro Block.

Brownstone also has been advised by Quetzal that the acquisition of 220 square kilometers of 3-D seismic data on Block LLA-27 in the Llanos Basin has been completed and the seismic data is currently in processing. It is expected that processing and interpretation of the LLA-27 3-D seismic will be completed in the third quarter of 2010. The seismic program on Block LLA-21 has been postponed until after the rainy season, and the Company is currently planning to complete the program by late 2010 to early 2011.


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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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