GREY:HRTPF - Post by User
Post by
powerwalkeron Sep 30, 2011 5:48pm
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Post# 19106037
9/30 update
9/30 updateNOTICE TO THE MARKET
Monitoring of Well Drilling in Exploratory Blocks located in Solimões Sedimentary Basin
Rio de Janeiro, September 30, 2011 – HRT Participações em Petróleo S.A. ("Company" or "HRT") (BM&FBOVESPA: HRTP3, TSX-V: HRP), continuing the process of disclosing the progress of the well drilling in the areas under concession, announces the status of operations with position on today’s date at 3:00pm.
Well 1-HRT-1-AM
The well is under evaluation for formation test, which aims to characterize the type of fluids and to estimate the potential production of the reservoirs. Once the tests have been completed, the rig will remain at the same block being mobilized to the location 170-6. This new well is considered analogous to the geological structure of Petrobras discovery Igarapé Chibata.
Well 1-HRT-2-AM
Current depth: 2,946m.
Current status: drilling the 3rd phase*.Zone of interest forecast for depth between 3,060m and 3,500m.
Well 1-HRT-4-AM
Current depth: 1,856m.
Current status: drilling the 3rd phase*.Zone of interest forecast for depth between 2,360m and 2,700m.
* 3rd Phase: Drilling, logging and running the 95/8" intermediary casing.