Seeking Alpha

tullii's  Instablog

tullii
Send Message
Studied: Power Engineering, Exploration Technology, Worked Upstream, Midstream, Downstream in Oil and Gas, Pipelines, Drilling, Refineries. I'm Interested in very big picture, game changers that come from sizeable economic deposits of Oil, Gas, Gold, Silver, Uranium, Specialty Metals used in... More
My company:
Tullii.com
My blog:
UNDER CONSTRUCTION TIL 2015
My book:
CrOblet Creating real opportunity by leveraging energy technology
  • PAREX Increases 2P Reserves By 80% In Colombia 0 comments
    Jul 14, 2014 4:02 PM | about stocks: SROYF, PARXF, PTAXF, EC, CNNEF

    You can see in the map below that the LLANOS is the main focus.

    Second is Putumayo. With the recent Verano Acquisition and Blocks 17,32,34 they have a nice future to grow production and reserves from in the PutuMayo.

    Nearby other companies like PetroNova, Suroco and PetroAmerica are chasing exciting plays in Colombia. An all share merger between PetroAmerica and Suroco before the courts as we speak.

    The value of Suroco shot up substantially upon the acquisition and shareholders of PetroAmerica hope one day a similar event may occur from an Acquiror like Ecopetrol or Parex might be in the cards.

    (click to enlarge)(click to enlarge)

    The active blocks like 32-34 hold much promise.

    (click to enlarge)(click to enlarge)(click to enlarge)(click to enlarge)

    The plays are getting larger and larger(click to enlarge)

    (click to enlarge)

    (click to enlarge)(click to enlarge)(click to enlarge)(click to enlarge)(click to enlarge)

    (click to enlarge)(click to enlarge)

    (click to enlarge)(click to enlarge)

    (click to enlarge)

    (click to enlarge)

    Llanos 34 Block in Colombia.

    GeoPark is the Operator of and has a 45% working interest in the Llanos 34 Block. GeoPark drilled and completed the Tigana Norte 1 well to a total depth of 12,141 feet. A test conducted with an electrical submersible pump in the Guadalupe formation, at approximately 11,557 feet, resulted in a production rate of approximately 1,061 barrels of oil per day ("bopd").

    Just today, another company geopark hit oil on Block 34.

    Themes: LLanos, PutuMayo, Colombia Stocks: SROYF, PARXF, PTAXF, EC, CNNEF
Back To tullii's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.