Americas Petrogas Completes First Well at Medanito Sur

Americas Petrogas Inc. (TSXV:BOE) has completed the first well (ECE.a-5) of its four-well drilling program on Medanito Sur. The second well (EJ.a-18) and the third well (ECE.a-33) are in the process of being completed.

As quoted in the press release:

The well was completed in the Cuyo Formation without hydraulic stimulation. During the initial test the well produced, by natural free flow, an estimated rate of 232 bopd of 33 degree API light crude on a 2-inch open choke with no wellhead pressure. No decline was observed during the 24-hour test. The flow test result was the initial well productivity test and is not necessarily indicative of long-term production potential or capability.

Click here to read the Americas Petrogas Inc. (TSXV:BOE) press release.