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PetroTal Announces Spud of Second Bretaña Oil Well
PetroTal Announces Spud of Second Bretaña Oil Well Canada NewsWire CALGARY ...
About this update from Petrotal Corp.
[{"type":"text","content":"\n\n\n\nPetroTal Announces Spud of Second Bretaña Oil Well\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\nCALGARY and HOUSTON, Feb. 28, 2019\n\n\n\nCALGARY and HOUSTON, Feb. 28, 2019 /CNW/ - PetroTal Corp. (\"PetroTal\" or the \"Company\") (TSX-V: TAL and AIM: PTAL) is pleased to announce that the BN 95-2-2-2XD oil development well (the \"well\") commenced drilling operations on February 26, 2019.  \nThe well is to be completed as a producer in the Vivian formation in the northern portion of the Bretaña structure, progressing the first phase of development of the Bretaña oilfield.  The well will be directionally drilled to 3,040 meters total depth and will take up to 45 days to drill and complete.  The well is the first in a program of three new producers designed to boost production to over 5,000 barrels of oil per day by mid-year 2019.  \nIn addition to the primary objective of completing the well as an oil producer in the Vivian Formation, the drilling plan includes a deeper exploration section to test a secondary objective in the underlying Chonta formation.  The Chonta formation has been a secondary producer of oil in the fields north of Bretaña. \nSubsequent to the evaluation of the Chonta formation, the well will be completed as a vertical producer in the Vivian formation and later sidetracked as a horizontal producer when appropriate.  This will also allow us to compare this well's performance with the existing horizontal producer and the two remaining horizontal completions to be drilled in 2019.  \nManolo Zuniga, President and Chief Executive Officer, commented:\n\"Drilling the second oil producer at the Bretaña oil field is an important step forward as the field development gathers momentum.  The main focus of the drilling campaign is the Vivian formation, which has a gross thickness of approximately 300 feet with 100 feet of oil column at the crest of the structure. The production and pressure data from the initial vertical completion, complemented with the fol...