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Petrodorado Spuds Verdal-2X in Talora Block
Petrodorado Spuds Verdal-2X in Talora Block NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR...
About this update from Rok Resources, Inc. Class B
[{"type":"text","content":"Petrodorado Spuds Verdal-2X in Talora BlockPetrodorado Spuds Verdal-2X in Talora Block\n\nNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES\n\nCalgary, Alberta CANADA, November 19, 2013 /FSC/ - Petrodorado Energy Ltd. (PDQ - TSX Venture), is pleased to announce the start of drilling operations for the exploration well, Verdal-2X, in the Talora Block, located in the Upper Magdalena Basin of Colombia.\n\nThe Verdal-2X exploration well was spudded on November 17, 2013 and is targeting the sands within the Hondita Formation, which lies above the Tetuan Formation source rock. The well is expected to reach 5,000 feet True Vertical Depth (TVD) on November 28, 2013, which will satisfy the only current commitment on the block.  \n\nPetrodorado has a 65% operated working interest in this block.\n\n\nAbout Petrodorado Energy Ltd.\n\nPetrodorado is primarily engaged in petroleum and natural gas exploration and development activities in Colombia. Its head office is located in Calgary, Alberta, Canada and Petrodorado's common shares are traded on the TSXV under the trading symbol \"PDQ\".\n\n\nFor further information, please contact:\nGregg Vernon, Interim President and CEO\nChris Reid, VP of Finance and CFO\n(403) 800-9240\nEmail:  [email protected]\nWebsite:  www.petrodorado.com\n\n\nForward Looking Statements\n\nThis news release includes forward-looking statements related to expected occurrences in relation to the Company, in particular with respect to the seeking of strategic alternatives and the possible expansion of the board of directors. A multitude of factors can cause actual events to differ significantly from any anticipated development and although Petrodorado believes that the expectations represented by such forward-looking statements are reasonable; there can be no assurance that such expectations will be realized.  These forward looking statements are based upon assumptions that Petrodorado has made concerning the oil and gas industry in Colombia, the capital markets in Canada and globally, the availability of suitable candidates for the board of directors and the continuing market for oil and gas.  Risk factors may include the current volatility in the capital markets, risks associated with conducting operations under a foreign regime, th...