This well, part of an exploratory campaign carried out by the company in the Cano Sur block in the Llanos Orientales, was drilled vertically to a depth of 3,256ft.

According to the company, technical data indicates that the hydrocarbon accumulation is located in the basal sands of the Carbonera formation.

Production tests carried out show production to date of 12.3 degrees API crude oil (heavy), with an average flow of 170 barrels per day, and a water and sediment of 22%, leaving an average daily rate of 132 barrels of crude oil.

The Fauno-1 well is located in the eastern sector of the Cano Sur block and is in addition to three other wells in the same block that were previously announced as successful.

Ecopetrol is the operator and owner of all the rights to the Cano Sur hydrocarbon exploration and operation contract that was signed with the National Hydrocarbon Agency of Colombia, which covers an area of about 611,343 hectares.