Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce an update on operations in the Platanillo field in Colombia.
The Company has spudded well Platanillo-21 on Pad 2N with drilling rig Serinco D-10. Platanillo-21 is planned as a short deviation directional well aimed at the crest of the mapped structure, with a drilling offset of 250ft and a total planned measured depth of 8,485ft. As previously reported the Company plans to log this well with both Logging While Drilling and Wireline techniques, and additionally to acquire core data through the entire Villeta sequence, i.e. from top N Sand to the igneous basement. These data will be important in terms of enhancing understanding at Pad 2N and in the Company's nearby prospects and adjoining blocks. The well is expected to take approximately 27 days to drill and core to total depth at a cost of $3 million. The final completion time and final cost of the well will depend upon the completion options selected. A further announcement will be made when drilling operations are complete.
John Wardle, Chief Executive Officer of Amerisur, commented:
"Platanillo-21 is a crestal well on the Pad 2N structure, designed to maximise production capacity and life and as the second well on this pad, to begin the construction of an optimal drainage system as performed on other development pads. This will help to maximise reserves recovery.
"I look forward to updating the market on the progress of Platanillo-21."
Giles Clarke, Chairman of Amerisur said:
"I am pleased our executive team has moved rapidly to spud Platanillo-21, and look forward to good success in this second well, further adding to our productive capacity."