Gran Tierra Energy announced that the Company has completed the testing of the new field wildcat Popa-1 well in the Rio Magdalena Block, Colombia, and has initiated the mobilization of three rigs in preparation for exploration drilling programs in Colombia and Argentina.
The Popa-1 well establishes a new light oil exploration play trend for continuing activity in the Rio Magdalena Block. Gran Tierra Energy is now initiating plans for acquiring seismic data in early 2007 to further delineate the Popa structure and assess the potential of additional exploration leads adjacent to the Popa location. |
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