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Kangaroo-2 well flows oil at 3,700 bbl/d from Paleocene intervals, adding to earlier success, in offshore Santos Basin, Brazil
Kangaroo-2 well flows oil at 3,700 bbl/d from Paleocene intervals, adding to earlier success, in offshore Santos Basin, Brazil.
About this update from Prestige Cars International, Inc.
[{"type":"text","content":"\n\n\n\nKangaroo-2 well flows oil at 3,700 bbl/d from Paleocene intervals, adding to earlier success, in offshore Santos Basin, Brazil\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.prngen2{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbls{\nBORDER-LEFT:black 1pt solid\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnrbrs{\nBORDER-RIGHT:black 1pt solid\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n\n\n\n\n\n\nKangaroo-2 well flows oil at 3,700 bbl/d from Paleocene intervals, adding to earlier success, in offshore Santos Basin, Brazil\nPR Newswire\nTORONTO, Jan. 6, 2015\n\n\n\nTORONTO, Jan. 6, 2015 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) today provided an update on oil flow test results in the Kangaroo-2 appraisal well, located in the shallow offshore, Santos Basin, Brazil.\n\nThe Kangaroo-2 appraisal well is located in exploration Block S-M-1165 and confirmed an 820 foot gross (442 foot net) oil column in Paleocene and Maastrichtian aged reservoirs, announced November 26, 2014. The Company has a 35% participating interest in the wells and five surrounding blocks. Karoon Gas Australia Ltd. (ASX:KAR) (\"Karoon\")  holds the remaining 65% interest and is operator of the block.    \n\nAs announced in a news release yesterday by Karoon (see Karoon's website: www.karoongas.com.au \"Kangaroo-2 Appraisal Well Progress Report No. 7\"), a production test (DST-2A) was conducted over a 12 hour period through three perforated intervals (combined 230 feet), in the Paleocene A, B and C sandstone reservoirs. A maximum flow rate of 3,700 bbl/d (stabilised rate of 3,450 bbl/d) of 33° API oil was attained through an 88/64\" choke with a flowing tubing head pressure of 270 psi, a gas-oil-ratio (\"GOR\") of 540 cf/bbl, and no w...