The company said it has successfully completed a 2.5 meter thick section of the Cañadon Seco formation in the EV 36 wellbore, which was perforated and immediately flowed oil.
The well flowed oil through a 12mm choke at an average rate of 370 barrels per day of 97% oil.
Until now, the company has drilled and completed three oil wells with the fourth well nearing completion and the interval completed in EV 36 is directly correlative with those in EV 23, 26, 33 and 34.
By the end of this week, the completion rig will be moved to the location of the second well EV 33 to re-commence completion fracturing operations.