I Like The Potential of the Big "E" Exploration Well...Results due by end of this year. Wonder what the potential is, but it is in their high prolific and production zone of the Llano Foothills.
Big 'E' Exploration - Llanos Foothills - LLA-122(1)
The drilling of the Arantes well in the high-potential Colombian Foothills continues to progress on an extended timeline. In Q3 2024, an operational sidetrack was executed following a stuck pipe event; the sidetrack was successful, and the well is now at roughly 17,750 feet. Parex is progressing toward the setting of the final liner immediately above the zones of interest, prior to drilling and evaluating the prospective zones. Based on the current pace of operations, the Company expects preliminary results by YE 2024.
(1) 50% W.I.