Petrodorado to Test Loto-1X in CPO-5 Block

About this update from Rok Resources, Inc. Class B

Petrodorado to Test Loto-1X in CPO-5 Block Petrodorado to Test Loto-1X in CPO-5 Block NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES Calgary, Alberta CANADA, March 11, 2013 /FSC/ - Petrodorado Energy Ltd. (PDQ - TSX Venture), ("Petrodorado" or the "Company")intends to case and test the second exploration well, Loto-1X, in the CPO-5 Block located in the Llanos Basin in Colombia. Loto-1X This second exploration well commenced on January 22, 2013, and was drilled to a total measured depth of 10,500 feet. The Loto-1X well targeted the Mirador, Guadalupe and Une sands. Drilling has been completed and three conventional cores were obtained and logging operations have been concluded.  Petrophysical evaluation supported by the conventional cores indicates that the target reservoir sands in the Tertiary, Mirador and Guadalupe formations are oil bearing. Well logs indicate total potential net oil pay of approximately 80 feet of high quality sand. Fluid sampling is presently being run in the three potential reservoirs as well as in the Une formation to confirm if it contains mobile hydrocarbons. An ESP multi-zone testing program using the present drilling rig is planned for the Loto-1X well in the Mirador, Guadalupe and Une formations. The Une formation will be tested conditional on fluid sampling results. The CPO-5 Block is presently under phase one of a two-phase exploration program of a total of 5 committed exploration wells. Petrodorado has a 30% non-operated working interest in the CPO-5 Block. Krishna Vathyam, Chairman, President and CEO of Petrodorado Energy Ltd. "The conventional cores and logging indicate excellent quality sands in the target zones and are similar to the sands found in nearby discoveries. We await testing results to confirm these logging and coring results." About Petrodorado Energy Ltd. Petrodorado is primarily engaged in petroleum and natural gas exploration and development activities in Colombia, Peru and Paraguay. Its head office is located in Calgary, Alberta, Canada and Petrodorado's common shares are traded on the TSXV under the trading symbol "PDQ". For further information, please contact: Krishna Vathyam, Chairman, President and CEO Chris Reid, VP of Finance and CFO (403) 930-7544 Email:  [email protected] Website:  www.petrodorado.com Cautionary Note Regarding ...

View stock analysis, news, and events for Rok Resources, Inc. Class B