The company has completed initial testing of this Melero-1 well, and has also suspended the well for long-term testing.
Gran Tierra said four drill stem tests were run and average production of 922 barrels of oil per day of 16.8 degrees API gravity with a 0.3% water cut was obtained from an interpreted 16ft of net pay in the Upper Mirador reservoir.
The company, through an indirect wholly owned subsidiary, holds a 50% working interest in the Garibay Block, while Compania Espanola de Petroleos holds the remaining 50% interest and is the operator of the property.
