Columbus Energy Preparing to Spud Saffron Well in the South West Peninsula

Source: www.gulfoilandgas.com 10/11/2019, Location: South America

Columbus Energy, the oil and gas producer and explorer with operations in Trinidad and Suriname, has provided an update on the Saffron well in the South West Peninsula, Trinidad. The drilling rig to be used for drilling the Saffron well (Talon #38) is now on location and ready to commence drilling operations. The drilling operations will commence in the next few days following official Ministry inspection and approval.

Leo Koot, Executive Chairman of Columbus, commented: 'The Company is pleased that the rig is on site and we are ready to commence drilling operations in the next few days. The Company notes that its preferential access to the Talon #38 rig means there is no material cost whilst waiting for the drilling operations to commence.'

According to the Company's latest presentation - South West Peninsula Exploration - Appraisal - Development (24 September 2019) the Saffron well will test three different horizons, the Upper Cruse, the Middle Cruse and the Lower Cruse (the primary target) and will be drilled to a total depth of 4000 - 4500 ft.


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