Heavy Earth Resources, Inc. is preparing to commence its 2013-14 exploration and production work plan.

The work plan's focus is to commence production from the Morichito-5 (M-5) discovery well, support the long-term development of the Morichito block and fulfill the obligations required for a two-year E&P Contract extension from the Colombian Agencia Nacional de Hidrocarburos (ANH).

Located within producing trends of the prolific Llanos Basin, Heavy Earth's Morichito block is surrounded by analog production including Pacific Rubiales Energy's productive Cachicamo and Cravoviejo fields, CEPSA's 20,000 bopd Caracara field and Hocol, S.A.'s 20,000 bopd Guarrojo field.

Tags: Heavy Earth Resources