Business
CruzSur Energy Announces Natural Gas During the Aruchara Well Re-entry
CruzSur Energy Announces Natural Gas During the Aruchara Well Re-entry Canada News...
About this update from Ng Energy International Corp
[{"type":"text","content":"\n\n\n\nCruzSur Energy Announces Natural Gas During the Aruchara Well Re-entry\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, July 24, 2020\n\n\n\nVANCOUVER, July 24, 2020 /CNW/ - CruzSur Energy Corp. (the \"Company\" or \"CruzSur\") (TSXV: CZR) announces that during the re-entry of the Aruchara well, in order to repair a gas leak identified in the well which had been drilled in 1980, found a large amount of natural gas that has been burned in the flare stack. The Company duly informed the Colombian authorities of the re-entry. The team has now continued the process of the well repair with its cleaning to define the final conditions, quantity and quality of the gas found.  \nThe Company has successfully controlled the leak to this point and contained safe levels of natural gas exposure, taking into account the amount of gas found during the process.\nAbout CruzSur Energy Corp. CruzSur Energy Corp. is a publicly traded E&P company focused on proven oil & gas plays in Latin America. The Company holds a large diversified portfolio of producing, development and unexploited assets in Colombia and Argentina where it will leverage its amplitude of technical expertise and proven track record building companies and creating value.\nForward-Looking InformationExcept for the statements of historical fact, this news release contains \"forward-looking information\" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release.  The information in this news release about the completion of the operations described herein, and other forward-looking information includes but is not limited to information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms of such transaction.\nFactors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, risks related to the Company's inability to perf...