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Colombia: Putumayo exploratory well spud nears

Gran Tierra Energy Inc., Calgary, is building location for the La Vega Este-1 exploratory well on the Azar block in the Putumayo basin of Colombia.

The well, targeting the same Cretaceous sandstone intervals present in the Costayaco and Moqueta discoveries, is expected to spud in late April 2012. Gran Tierra is operator with 40% working interest, Lewis Energy Colombia Inc. has 40%, and Gold Oil PLC has 20% subject to Agencia Nacional de Hidrocarburos approval.

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