EXPM:AZBCF - Post by User
Post by
JonnyRbuck12on Apr 21, 2009 9:45pm
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Post# 15934891
March 2009 Presentation, MUST READ
March 2009 Presentation, MUST READ
THIS IS IMPORTANT TO READ IF YOU OWN AZA OR WANT IN. 4 Wells, if all are good AZA could actually make it to that $1 target in my opinion..
This is from the site:
Loma El Divisadero Block (81,000 net acres)
The Loma El Divisadero Block (81,000 net acres) is located in the southern part of Mendoza Province, in the Platform area of the Neuquen basin, a few kilometres north of the biggest oil fields in Argentina. The Block was previously drilled by YPF in the 1960's through the 1980's with oil and gas shows on brief tests. After shooting 182 square kms of 3D seismic, Argenta discovered oil and gas at a depth of 1,000 to 1,200 metres in the Chorreado Mb, Huitrin Formation, with other shallower potential pay zones including the Rayoso and the Neuquen Formations which require further exploration. The Block is now under appraisal to determine the potential size of the reservoir.
PRESENTATION FROM MARCH 2009 LINK:
https://www.argentaoilandgas.com/Theme/Argenta/files/2009%20AGM%20Presentation.pdf