Juanambu discovery on stream in Colombia

Gran Tierra Energy, Calgary, has placed the Juanambu-1 discovery well on production on the Guayuyaco Block in the Putumayo basin of southern Colombia, said partner Solana Resources Ltd.

By OGJ editors
HOUSTON, Nov. 21 -- Gran Tierra Energy, Calgary, has placed the Juanambu-1 discovery well on production on the Guayuyaco Block in the Putumayo basin of southern Colombia, said partner Solana Resources Ltd.

Juanambu was discovered and tested in the first half of this year (OGJ Online, Aug. 28, 2007). It is currently producing about 1,400 b/d of oil, 450 b/d net to Solana.

State-owned Ecopetrol recently approved Juanambu field commercial and exercised an option to back in for a 30% interest. Gran Tierra and Solana each will retain a 35% interest in the field.

Meanwhile, on the Catguas Block in northeastern Colombia, operator and 100% interest holder Solana on Nov. 16 spudded the Cocodrilo-1 well, which is expected to take 3 weeks to drill.

Cocodrilo-1 targets the Eocene Barco and Paleocene Catatumbo formations, which are oil-bearing in the Solana's nearby Tres Curvas-1 new field discovery (OGJ Online, Sept. 17, 2007).

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