Amerisur Resources provides an update on the well Platanillo-9 in the Platanillo Field, Colombia, the fourth of a planned eight well drilling campaign.

Platanillo-9 is being drilled directionally to a reservoir target approximately 1,525ft west of the bottom hole location of Platanillo-3. The well is currently at a depth of 5,725ft, having successfully set and cemented 9.5/8". Total depth of the well will be approximately 8,650ft. The Company expects log data from this well and to update the market by the middle of November.

The wells in the Platanillo field continue to produce commercially at a controlled rate of approximately 3,800 BOPD. The Company expects to exit 2012 with a production rate of 5,000 BOPD.

Tags: Amerisur Resources Plc