Brownstone Ventures Inc has been advised by the operator, Petrolifera Petroleum Limited, that they have recently drilled, logged and cased for testing the VM.x-2014 exploratory well on the Vaca Mahuida license, situated southeast of Puesto Morales. The well encountered a number of zones of interest, including some oil shows in side wall cores and testing will occur upon arrival of a service rig.
The 253,000 acre (approximately 1,025 square kilometers) Vaca Mahuida Block is in the province of Rio Negro, Argentina, where Brownstone is incurring 50% of the costs of the Vaca Mahuida project to earn a 25% working interest.
