Scandoil  

Petro-Victory Energy encounters hydrocarbons at the Lapacho well


Published Oct 22, 2014
Petro-Victory Energy Corp.

Petro-Victory Energy Corp. has encountered hydrocarbons within the Icla Formation at a depth of 3,926 meters at the Lapacho well, located on the Pirity Block in Paraguay.

Based on open hole logs run across the interval, these sandstones display average porosity of 6% and are heavily fractured. A series of side wall cores recovered from the interval displayed good light oil or condensate shows.

"I am delighted with our accomplishments on both wells. The joint venture has demonstrated the ability to drill these high impact wells both on time and on budget. Furthermore, we are very pleased to have encountered hydrocarbons in this secondary target at Lapacho and we look forward to resuming drilling to the primary target, the Santa Rosa Formation." (Richard Gonzalez, Petro-Victory Energy CEO/Chairman)

Tags: Petro-Victory Energy Corp.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml