Business
Successful Repair and Completion of the Well Aruchara 1 in Maria Conchita Field Results in Significant Gas Flow
Successful Repair and Completion of the Well Aruchara 1 in Maria Conchita Field Results in...
About this update from Ng Energy International Corp
[{"type":"text","content":"\n\n\n\nSuccessful Repair and Completion of the Well Aruchara 1 in Maria Conchita Field Results in Significant Gas Flow\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, BC, Aug. 31, 2020\n\n\n\nThe Company takes transformational steps towards its mission of bringing clean energy to Colombia's domestic market. The Company, in partnership with Energy Transitions-Plus+E.S.P, expects to have facilities and connections ready before the end of the year to start selling gas into the current $5 / MMBtu market. Final preparation on the Company's flagship SN-9 project for planned Q4 drilling. VANCOUVER, BC, Aug. 31, 2020 /CNW/ - Further to a prior press release issued on August 19, 2020, CruzSur Energy Corp. (the \"Company\" or \"CruzSur\") (TSXV: CZR) is pleased to announce that after implementing the Work Program approved by the National Hydrocarbons Agency-ANH, which was duly reported to the environmental authority ANLA, CruzSur, successfully carried out the repair work in the Aruchara 1 well, located in the María Conchita Block in the region of La Guajira in northern Colombia. After drilling the cement plugs and controlling the well, DSTs (Drill Stem Test) were carried out to determine the origin, pressure and volume of natural gas, to be able to repair and complete the well and have it secured.\nDST results were reviewed by John Yu, P. Eng. as an independent Qualified Reserves Evaluator and Auditor as defined in NI 51-101 Standards of Disclosure for Oil & Gas Activities, obtaining the following results:\nThe Aruchara-1 well was drilled by Texaco in 1980 to a total depth of 9,715 feet and tested gas between 8,111 and 8,121 feet and between 8,050.5 and 8,060.5 feet varying from 3.4 to 9.8 MMcf/d from these two zones at that time.  \nThis well was re-entered recently, as discussed in the Company news release of July 24, 2020. Three DST procedures of this well were conducted from August 5 to 19, 2020 during the re-entry and the results are outlined below:\nThe first DST procedure occurred between August 5 and 8, 2020, over a pe...