Shona Energy Company, Inc. (CVE:SHO) through its wholly-owned subsidiary, Geoproduction Oil & Gas Company of Colombia, has completed and tested Nelson-3, Nelson-2, within the Esperanza concession of Colombia.
Shona Energy Company, Inc. (CVE:SHO) through its wholly-owned subsidiary, Geoproduction Oil & Gas Company of Colombia, has completed and tested Nelson-3, Nelson-2, within the Esperanza concession of Colombia.
The press release is quoted as saying:
Nelson-3 has an estimated 120 feet of net pay in the main Cienaga de Oro formation and 21 feet of net pay in a deeper Cienaga de Oro sand. A total of 94 net feet in the main Cienaga de Oro formation was perforated and tested at a rate of 11,600 MCFPD with 2573 psi flowing tubing pressure on a 28/64″ choke. The Nelson-3 is a southwest offset to the Nelson-2 discovery well, and its results confirm Shona’s geological interpretation of the sizeable Nelson natural gas discovery. The drilling rig is being moved to Nelson-4, which is a northeast offset to the Nelson-2, and would be the third producing well in the Nelson field upon its completion.
Click here to access the entire press release
The Conversation (0)
Latest News
Outlook Reports world
Featured Stocks
Browse Companies
MARKETS
COMMODITIES
CURRENCIES