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    Petro Vista Starts Drilling of Morichito-5B Exploration/Appraisal Well at Morichito

    Investing News Network
    Mar. 21, 2011 03:23PM PST
    Resource Investing

    Petro Vista Energy Corp. (CVE:PTV) drills at its Morichito-5B deeper pool exploration and appraisal well in the Llanos Basin in Colombia.

    Petro Vista Energy Corp. (TSXV:PTV) drills at its Morichito-5B deeper pool exploration and appraisal well in the Llanos Basin in Colombia.

    The press release is quoted as saying:

    The Morichito-5B will be drilled from the same drilling pad as the 2010 field discovery well Morichito-5 (see news release dated March 25, 2010), and will be drilled directionally to a bottom hole location approximately 1,400 feet southeast of the earlier discovery. The proposed total depth for the well is 6,600 feet in the Cretaceous Ubaue formation and will fulfill the Company’s fifth phase contract commitment with the Colombia National Hydrocarbon Agency (ANH).

    Click here to access the entire press release

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