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The Tempranillo North-1 well is located in the township of Aipe, Huila.
Well drilling began in the final week of October and by
The well drilled through two layers of the Caballos Formation, where accumulations of hydrocarbons were found at three intervals. Upper layer sands revealed two intervals at depths below 8,500 feet, with a net hydrocarbon thickness of 40 feet. Lower layer sands are located below 9,700 feet and revealed a net hydrocarbon interval of 16 feet.
Short Drill Stream Tests (DSTs) performed during the month of
This new finding increases our reserves inventory in this region of
Ecopetrol is
This release contains forward-looking statements relating to our business prospects, estimates for operating and financial results, and statements related to Ecopetrol's growth prospects. These statements are merely projections and, as such, are based exclusively on the expectations of management concerning the future of the business and its continued access to capital to fund the Company's business plan. These forward-looking statements may vary depending on changes in market conditions, government regulations, competition, the performance of the Colombian economy and the industry, among other factors, and are therefore subject to change without prior notice.
For more information, please contact: Investor Relations Officer: Alejandro Giraldo Phone: +571-234-5190 Email: investors@ecopetrol.com.co Media Relations (Colombia) Mauricio Tellez Phone: +571-234-5377 Fax: +571-234-4480 Email: mtellez@ecopetrol.com.co Website: www.ecopetrol.com.co
SOURCE Ecopetrol S.A.