A well in the Llanos basin in Colombia revealed 120 ft of oil-saturated net pay, according to operator ONGC Videsh Ltd. of India.
The company began drilling the Mariposa-1 well on the CPO-5 block in late March. It has directionally drilled to 11,556 ft.
Electric log analysis indicates oil presence in the Lower Sands Unit 3 of the Une formation. A testing program is planned.
ONGC Videsh holds 70% and Amerisur Resources PLC has 30%.