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Petro Vista provides operations update and loan advance


Published Oct 30, 2012
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PetroVista in Brazil

Petro Vista Energy Corp., an independent oil and gas exploration and production company provide the following update.

Tartaruga Work-Over

The workover program to install a downhole Electric Submersible Pump ("ESP") on the 7- TTG well in the Tartaruga Field in Brazil by the Operator has been successfully completed. The well was placed on production and produced a total of 486 barrels of oil in the first 24 hours of operation. The well is now being placed on production to determine the optimum level of long-term production rate and the Company will provide an update on production rates as these are determined. There can be no assurances that the flow rate will stabilize at current rates or higher rates over time.

Tags: Petro Vista Energy Corp.




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