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BPZ Energy reports production from new Albacora A-19D well


Published Mar 10, 2014
BPZ Energy

BPZ Energy provided summary financial and operational results for the fourth quarter and full year ended December 31, 2013 along with recent results on the Albacora A-19D well.

Full year 2013 and year-to-date 2014 highlights for BPZ Energy include:

◾ Initiated the Block Z-1 development drilling campaign at both the Corvina CX-15 and Albacora platforms. ◾ Brought production online from a total of four new wells at the Corvina and Albacora fields. ◾ Achieved the first million barrels of production from five wells at Block Z-1. ◾ Received permits for exploration drilling at Z-1 shallow water prospects Delfin, Piedra Redonda and Raya. ◾ Drilled and began testing the Caracol 1X well, the first of three scheduled onshore exploration wells at Block XXIII. ◾ Finished the year with $81.3 million of remaining carry at Block Z-1.

Tags: BPZ Energy, BPZ Energy




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