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    Santa Maria Petroleum Starts Test Production of Flami-1 Well

    Investing News Network
    Aug. 20, 2012 02:53PM PST
    Oil and Gas Investing

    Santa Maria Petroleum Inc. (TSXV:SMQ) has started test production of the Flami-1 well at the Llanos 27 block.

    Santa Maria Petroleum Inc. (TSXV:SMQ) has started test production of the Flami-1 well at the Llanos 27 block.

    As quoted in the press release:

    Santa Maria and its partners have brought the well back on at initial fluid production rates of 1,700 BOFD. The intention is to gradually increase drawdown rate while closely monitoring watercut in order to determine optimal production conditions. At present the well has been producing at an 18% watercut, producing approximately 1,400 BOPD.

    Click here to read the Santa Maria Petroleum Inc. (TSXV:SMQ) press release.

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