The increase from the previous estimate resulted from recovery of the bottom-hole pressure data recorded during the flow and shut-in periods of the production test, which was conducted during the period from April 17, 2010 through April 20, 2010, resulting in a more accurate AOF estimation.
The measured rate of the drill stem test (DST) conducted between 3,138ft – 3,350ft subsurface was 8.4MMcf/d of dry natural gas, with no water, through a 48/64th inch choke with surface pressure at 579 pounds per square inch (psi).
Current plans to suspend the well until a permit to conduct a long-term test is received remain unchanged.
The company said that measured flow rates and the calculated AOF rate may not be indicative of stabilized production rates for the Brillante SE-1X well. Petrolifera has a right to appraise its oil and gas rights in Colombia but it does not have a right to produce same until such time as the reserves are determined to be commercial.
