Maurel et Prom : Maurel et Prom : Colombia Exploration Update
Paris, January 14^th 2013
COLOMBIA EXPLORATION UPDATE
New oil discovery in the Sabanero block after drilling Chaman-1 well
No hydrocarbon results on SantaFe-1 well (SSJN-9)
New oil discovery in the Sabanero block
The Sabanero block covers an area of 434 sqkm and it is located approximately
at 250 km to the South East of Bogota in the heavy-oil prolific Llanos Basin
at approx. 50 km northeast of Rubiales and Quifa fields. This block is 100%
Maurel & Prom Colombia (Maurel & Prom operator - through its 50.01% subsidiary
MP Colombia BV).
The Chaman-1 exploration well, located at the central part of the Sabanero
Block (approx. 6 km away from Sabanero field CPF), resulted in a new oil
discovery in the C7 Formation (12° API) and is currently under production
test, proving the prospectivity of the northern area in the block.
The short test production started with 174 bopd. Size of this discovery is
SantaFe-1 well was drilled in the SSJN-9 block with no hydrocarbon results.
The SSJN-9 block covers an area of approx. 2,648 SqKm and it is located in the
Lower Magdalena Valley basin. This block is 50% Hocol and 50% Maurel & Prom
Colombia which is the operator.
The SantaFe-1 well was drilled at 8,290' MD (with Cienaga de Oro Formation as
the main target for gas) and unfortunately the well was dry and it was plugged
For more information: www.maureletprom.fr
Phone: +33 (0)1 42 72 46 76
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