The LHo.x-1 well is located 16.6km northwest of the Canadon CN.x-2 well, and will be drilled to a total depth of about 2,000m targeting the Vaca Muerta shale formation.
The 293,600 acres or 1,188km² Totoral block is located in the southern region of the Neuquen Basin of Argentina.
The company holds a 90% working interest in the Totoral block whereas the Gas y Petroleo del Neuquen holds the remaining 10% interest in the block.
Americas Petrogas also has opportunities to explore other formations such as the Pre-Cuyo, Mulichinco, Quintuco and Quebrada del Sapo apart from the Vaca Muerta shale formation.
The Canadon CN.x-2 well drilled by YPF in 1962 which tested oil in the Quebrada del Sapo sandstone.
Canada based Americas Petrogas company has conventional and unconventional (shale and tight sands) oil and gas interests in numerous blocks in the Neuquen Basin of Argentina.
