HRT informs the discovery of hydrocarbons in the well 1-HRT-3-AM, Block SOL-T-168, in the Solimões Sedimentary Basin

abarrelfullabarrelfull wrote on 19 Sep 2011 13:54
Tags: brazil hrt s-america upstream

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Rio de Janeiro, Brazil, September 16, 2011 - HRT Participações em Petróleo S.A. (the “Company” or “HRT”) (BM&FBOVESPA: HRTP3, TSX-V: HRP) informs that its subsidiary, HRT O&G Exploração e Produção de Petróleo Ltda. (“HRT O&G”), forwarded today to the National Petroleum, Natural Gas and Biofuels Agency (Agência Nacional do Petróleo, Gás Natural e Biocombustíveis - ANP), a Notice of Discovery to the effect that gaseous and liquid hydrocarbons have been observed in well 1-HRT-3-AM, located in the Block SOL-T-168, in the Solimões Sedimentary Basin. The well is positioned at 7.5 km northwest of the Municipal District of Carauari, in the State of Amazonas, and was drilled by rig QG-IX (Queiroz Galvão).

The drilling achieved a final depth of 2,680 meters, reaching the crystalline basement. The well is presently under evaluation, after having completed the electric logs, initiated the wireline formation tests and the nuclear magnetic resonance, as well as the sidewall cores. Based on the results of such evaluation, the well will be cased to carry out the formation test to characterize the types of fluid and the production potential of the reservoir.

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