Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/global-energy-mobilizes-rig-to-rio-verde-prospect.shtml

Global Energy mobilizes rig to Rio Verde prospect

Global Energy Development says that rig mobilization has commenced to the Rio Verde 2 exploratory well within the Colombian Rio Verde

Global Energy Development

Global Energy Development says that rig mobilization has commenced to the Rio Verde 2 exploratory well within the Colombian Rio Verde contract.

The well has a proposed total depth of approximately 12,500 feet and will target three different formations-Mirador, Gatcheta and Ubaque-all being proved formations with other wells inside the contract area. The well is expected to be spudded late March and drilled, completed and tested prior to May 2010.

Tags: Global Energy Development