Colombia

By OGJ editors
HOUSTON, June 7 – Quetzal Energy Ltd. has spud the Canaguay-1 exploratory well on the Canaguaro block in Colombia’s Llanos basin, said partner Brownstone Ventures Inc., Toronto.

Planned total depth is 16,000 ft to test the Carbonera, Mirador, Gacheta, and Une reservoirs. Brownstone has a 25% working interest in the block.

Quetzal also advised Brownstone that acquisition of 220 sq km of 3D seismic data on Block LLA-27 in the Llanos basin has been completed and is being processed. Processing and interpretation of the LLA-27 3-D seismic are to be completed in the third quarter of 2010. The seismic program on Block LLA-21 has been postponed until after the rainy season and is to be completed by late 2010 to early 2011.