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Suroco Energy Completes Successful Drilling of Cohembi-3 Appraisal Well

Written by Investing News Network
|
May. 09, 2011 08:55PM PST

Suroco Energy Inc. (CVE:SRN) drills Cohembi-3 and has encounters the thickest oil pay section drilled to date in the Cohembi oil field.

Suroco Energy Inc. (TSXV:SRN) drills Cohembi-3 and has encounters the thickest oil pay section drilled to date in the Cohembi oil field.

The press release is quoted as saying:

The Cohembi-3 results have exceeded our expectation, by encountering 23 feet of continuous oil pay, the thickest oil pay interval in the field to date. With this result we have so far proven up an oil column of 64 feet and have still not observed any indication of an oil-water contact. The results of the Cohembi-2 and Cohembi-3 wells provide supporting evidence for our reservoir simulation and material balance calculations which indicate the potential for a material increase to the currently booked proven and probable reserves assigned to this accumulation.

Click here to access the entire press release

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