Quetzal Energy Ltd. (CVE:QEI) announces its unaudited results for the three months ended September 30, 2010.
The press release is quoted as saying:
To follow up on the Canaguay-1 oil discovery made in the third quarter, the Canaguay-1 well commenced testing multiple zones on October 6, 2010. The Canaguay-1 testing program included six drill stem tests of which five were completed as of the date of this MD&A. Included in the tests completed was a test in the lower Mirador that initially tested 2,225 barrels per day of 20.7 API crude oil. (See Press Release dated November 22, 2010). Quetzal Energy Ltd is the acting operator and is earning a 25% working interest in the Canaguaro block.