Exploration/Development Briefs

07/30/2012
Argentina Americas Petrogas Inc., Calgary, has set production casing at a vertical exploratory well on the Totoral block in Argentina's southern Neuquen basin and plans to test the Vaca Muerta shale and possibly other formations. The company acquired a full log suite at La Hoya.x-1 and set casing to 6,463 ft. The well penetrated 666 ft of the primary target Vaca Muerta formation with oil and gas shows through the whole shale column. Hydrocarbon shows were also encountered and data acquired in the Mulichinco formation, 299 ft thick, Quintuco 2,172 ft thick, and Quebrada del Sapo 190 ft thick. Americas Petrogas operates the 264,240 net acre Totoral block with 90% working interest. Totoral i...
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