Petroamerica Oil Corp., Calgary, said Colombia’s Cepcolsa as contract operator has begun the appraisal drilling program on the Los Ocarros block in Colombia’s Llanos basin by spudding the Las Maracas-3 appraisal well.
Las Maracas-3 will appraise the Mirador discovery made at the Las Maracas-2 sidetrack, on production since Apr. 23, 2012. It will also explore the deeper Une and Gacheta reservoirs that produce in other fields in the vicinity. The Las Maracas-3 well will be drilled to a total depth of 12,784 ft.
Las Maracas-4 will be drilled immediately thereafter and will further assess the Mirador formation as well as any exploration discoveries made by the Las Maracas-3 well.
Petroamerica holds a 50% participating interest in the block. Cepcolsa has transferred its 50% working interest to Parex Resources Colombia Ltd. Sucursal. Final approval of the transfer is pending.