Positive Results in Columbia for P1 Energy

Resource Investing News

Private Calgary-based company P1 Energy Corp. announced that it found a significant amount of oil at the Llanos 32 Block in Columbia.

Private Calgary-based company P1 Energy Corp. announced that it found a significant amount of oil at the Llanos 32 Block in Columbia.

As quoted in the company news:

The maximum flow obtained from the well during the jet pump test was 9,512 barrels of oil per day over a one hour period during the four hour period. The well also flowed naturally at an average rate approximately of 3,036 barrels oil per day over a 6 hour period with downhole restrictions due to the jet pump assembly.

Click here to read the full P1 Energy Corp. press release.

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