By OGJ editors
HOUSTON, Oct. 15 -- Dallas-based Harken Energy Corp. subsidiary Global Energy Development PLC has begun drilling the Estero No.5 development well in Palo Blanco field in Colombia's Llanos basin.
Global is drilling Estero No. 5 to 9,000 ft, targeting the Traditional Ubaque, Massive Ubaque, and Mirador formations. The company expects to complete the well by Nov. 30, if drilling results are favorable.
Estero No. 5 is the first of nine wells scheduled to be drilled or completed within the next 12 months in Global's Palo Blanco field and its new Rio Verde contract acreage.