HRT Spuds Well 1-HRT-192/01-AM in Block SOL-T-192

Source: www.gulfoilandgas.com 12/28/2011, Location: South America

HRT Participaçoes em Petroleo S.A announces that, on December 27 at 08:00 p.m., its subsidiary HRT O&G Exploraçao e Produçao de Petroleo Ltda (“HRT O&G”), spudded its fifth exploration well, in the prospect named Sandalo (1- HRT-192/01-AM), located in the Solimoes Sedimentary Basin, in the Municipality of Tefe- AM, in the Block SOL-T-192.

The objective of this well is to test a structure, located around 20 km southern of the Jurua Province. It has as main targets the Jurua Formation reservoirs (Carboniferous age), expected to be reached from 2,700m depth, as well as the Uere Formation (Devonian age). The well has been drilled by the rig QG-IX, and is forecast to reach a final depth at around 3,000m.


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