HRT concludes drill STEM test of well 1-HRT-10-AM, in the Solimoes Basin
Friday, Jan 11, 2013
HRT Participações em Petróleo S.A. (the “Company” or “HRT”) (BM&FBOVESPA: HRTP3, TSX-V: HRP) announces that its subsidiary, HRT O&G Exploração e Produção de Petróleo Ltda. ("HRT O&G"), has concluded the drill stem test of a cased hole in the Tucumã prospect (1-HRT-192/02-AM), block SOL-T-192, in the Solimões Basin, of the Amazonas State, on January 7th, 2013 at 1.30 am.
The prospect, located approximately 30 km to the south of the Juruá Field, was tested to identify hydrocarbons in a faulted anticlinal structure in a regional SW-NE oriented structural lineament sub parallel to the Juruá and Tefé gas trend.
Two intervals were selected for the drill stem test, achieving the following results:
a) DST – 01: Interval 2,254.0 to 2,260.3 meters - Juruá Formation Lower Member – Reach a stable production rate of 520,456 cubic meters (18,379,737 cubic feet) of natural gas per day, with a choke of 40/64” (The estimated AOF for this test is 1,600,000 cubic meters per day / 56,503,488 cubic feet per day).
b) DST – 02: Interval 2,208.0 to 2,217.0 meters - Juruá Formation Lower Member – Reach a production rate of 143,092 cubic meters (5,053,248 cubic feet) of natural gas per day, with a choke of 40/64”.
Source: HRT Participações em Petróleo S.A.
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