Business
Operations Update on Rosa Blanca 1
Operations Update on Rosa Blanca 1.
About this update from Sunda Energy Plc
[{"type":"text","content":"\n \n\n\n\n29th January 2009\n\n Gold Oil Plc (AIM: GOO)\n (\"Gold Oil\" or the \"Company\")\n\nThe company announces the suspension of testing operations on the\nRosa Blanca 1 well. The drilling rig is being demobilized after\ntesting of the lower and middle sections of the target reservoirs\nfailed to find producible hydrocarbons.\nThe Joint Venture partners, Lewis Energy Colombia, Osage Exploration\nand Development and EMPESA will come to a decision shortly on whether\nto re-enter the well with a smaller work over rig and retest the\nmiddle sections and test the upper section encountered after\nconsidering the logs, sidewall core, and data collated to date from\ntesting operations.\nThe technical information contained in this announcement has been\nreviewed and approved by the Chairman of the board, Michael Burchell,\nB.Sc., 68, member of the SPE and with over 46 years experience in the\noil and gas business.\n\nFor further information on the Company, visit: www.goldoilplc.com or\ncontact:\n\n\nMichael Burchell Chairman Tel: 01372 361 772\nRoland Cornish Beaumont Cornish Limited Tel: 020 7628 3396\nDaniel Fox Davies Fox Davies Capital Tel 020 7936 5230\n\n\n\n\nNotes to Editors\n\nGold Oil is an AIM-listed oil and gas exploration and production\ncompany primarily focused on opportunities in Latin America. It has\noil production in Colombia and significant exploration acreage and\nlicences both onshore and offshore in Colombia and Peru.\n\n---END OF MESSAGE---\n\n\n\n\nThis announcement was originally distributed by Hugin. The issuer is \nsolely responsible for the content of this announcement.\n\n\n\n\n \n ","length":1783,"tagName":"div"}]