Tierra del Fuego yields another discovery

Aug. 10, 2006
Antrim Energy Inc., Calgary, expects further drilling around the Los Patos 1005 new-field discovery in Tierra del Fuego, Argentina.

By OGJ editors
HOUSTON, Aug. 10 -- Antrim Energy Inc., Calgary, expects further drilling around the Los Patos 1005 new-field discovery in Tierra del Fuego, Argentina.

During production testing, the well flowed 345 b/d of 43º gravity crude with 2% water from perforations in 6 ft of net pay in an 8-m interval of the Cretaceous Springhill formation. The well, drilled to 2,318 m TD, now is flowing naturally at 300 b/d through a 20 mm choke.

Antrim holds a 25.78% interest in a group that holds three licenses in Tierra del Fuego. Operator Roch SA holds 24.29%, Apco Argentina Inc. 25.78%, San Enrique 12.62%, and DPG 11.54%.

The group recently announced an earlier discovery in the Las Violatas 105 well (OGJ Online, June 6, 2006).