Suroco Energy:Production Performance update

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Tue, Mar 2, 2010
Gas Company News
Post by Researcher , Gas Researcher

Suroco Energy Inc. (TSX VENTURE:SRN) reported that the Pinuna 2 well, which is the second well in the Suroriente Block development drilling program commenced drilling on February 26.

The press release is quoted as saying:

The Pinuna 2 well is being drilled with San Antonio rig SAI 15, which is the same rig that was used to drill the Pinuna 5 well. The well is targeting the Villeta ‘T’ and Lower ‘U’ reservoirs and will be drilled to a total depth of 2,983 m. The well is being directionally drilled from the Pinuna 1 surface location, with a bottom hole location approximately 350 m. from the Pinuna 1 vertical well which is currently producing at 1,550 bbls/day (226 bbls/day net to the Corporation after royalty). The well is being drilled to maximize the recovery of reserves in a four-way dip closed feature which is partially separated from the Pinuna 1 feature.

Click here to access the entire press release

Click here to access Suroco Energy Corporate Site

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