Suroco announce commencement of drilling operations for the Quinde-4 well

Suroco announce commencement of drilling operations for the Quinde-4 well

Suroco Energy Inc. (TSX Venture Exchange: SRN) (“Suroco” or the “Corporation”) is pleased to announce the commencement of drilling operations for the Quinde-4 well in the Suroriente Block and results of completion and testing operations for the recently drilled Quinde-2 well.
Suroriente Block Drilling Program Update
The Quinde-2 well (see the Corporation’s October 29, 2013 press release) has been successfully drilled to a total depth of 10,200 feet, and completed to evaluate two Villeta sand intervals through November and into early December. The well encountered 10 feet of oil-bearing Upper Villeta sand, and 5.5 feet of oil pay over water in the Villeta Lower T Sand. The Upper Villeta sand was perforated from 9,167 to 9,179 feet and the Villeta T sand was perforated from 9,983 to 9,989 feet, and a dual-zone completion system was installed in the well. Initial testing of the Upper Villeta interval with a hydraulic pumping unit indicated minimal inflow, with a small amount of 18 degree API oil recovered. The Villeta T interval was not tested due to a malfunction of the dual completion equipment that will require the intervention of a service rig.
The drilling rig has now commenced drilling the Quinde-4 location from the same multi-well pad, targeting a bottomhole location approximately 640 metres north of the Quinde-2 well.
Results from the Quinde 2 well have confirmed the Corporation’s seismic model which indicates thicker and higher quality Upper Villeta Sand at the Quinde 4 location.
Completion activities will continue at the Quinde-2 well after the drilling rig has moved from the Quinde multi-well pad. In addition to a production test of the Villeta T sand, remedial work to remove possible wellbore damage of the Upper Villeta sand will be considered.
Source: suroco
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