HRT announces the discovery of hydrocarbons in the well 1-HRT-6-AM, Block SOL-T-170, in the Solimões Basin

abarrelfull wrote on 29 Apr 2012 10:23
Tags: brazil hrt s-america upstream

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HRT Participações em Petróleo S.A. (the "Company" or "HRT") (BM&FBOVESPA: HRTP3, TSX-V: HRP) announces that its subsidiary HRT O&G Exploração e Produção de Petróleo Ltda. ("HRT O&G") submitted to the National Agency of Petroleum, Natural Gas and Biofuels (Agência Nacional do Petróleo, Gás Natural e Biocombustíveis - ANP), Notice of Discovery of oil and gas in the well 1-HRT-6-AM.

Based on logging data, hydrocarbon shows in cuttings, gas detectors and wire line test, two oil-bearing intervals were observed in the Devonian Formation, with net pay of approximately 4 and 8 meters.

The well was spudded on January 2, 2012 and reached a final depth of 3,384 meters, reaching the crystalline basement. The well will be cased and drill stem tests will be performed to evaluate the production potential of the reservoirs.

The well 1-HRT-6-AM is located in the Municipal District of Tefé, in the State of Amazonas, and it was drilled by the Tuscany-115.

• HRT announces the discovery of hydrocarbons in the well 1-HRT-6-AM, Block SOL-T-170, in the Solimões Basin

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