02.11.06
Results of 1XD Well Test
Petrolatina Energy Plc (“PetroLatina” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America and with operations in Colombia and Guatemala, announces the following update on its Guatemalan operations.
Well 1XD encountered four potentially hydrocarbon bearing zones, the deepest of which was perforated and tested in October 2006. As previously stated, operations in Guatemala have proven extremely difficult and the 1XD test results reflect this with the well not producing at commercial levels as a result of an apparent lack of energy in the reservoir.
Given this result, the Company is suspending the well, whilst it carries out further detailed geological studies on the Las Casas structure within the 6-93 licence.
The Company owned service rig will now move to the A7-2005 licence to carry out a work over of Atzam 2, which was originally drilled in 1993. This work over is expected to be completed in November 2006.
|
|
 |
04.08.06 Directors Shareholding
PetroLatina Energy Plc (“PetroLatina” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, advises that 250,000 new ordinary shares have been issued and...
Read ››
21.07.06 Name Change
Taghmen Energy Plc, an independent oil and gas exploration, development and production company, focused on Latin America and which listed on AIM in January 2005, is pleased to announce that all necessary filings and approvals...
Read ››
20.07.06 EGM - Update
Taghmen Energy Plc, an independent oil and gas exploration, development and production company, focused on Latin America and which listed on AIM in January 2005, is pleased to announce that all of the resolutions proposed at the...
Read ››
10.07.06 Director's Dealing
The Company was informed today that John (“Jay”) M. Scott, a director of the Company, purchased 50,000 ordinary shares in Taghmen at a price of 30 pence per ordinary share. Following this transaction, Mr Scott owns 800,000...
Read ››
28.06.06 Director's Dealing
The Company was informed today that Nicholas Gay, President and Chief Executive Officer of the Company, purchased 30,000 ordinary shares in Taghmen at a price of 28.5 pence per ordinary share. Following this transaction, Mr Gay...
Read ››
26.06.06 Annual Review and Financial Results
Taghmen Energy Plc ("Taghmen" or the "Company"), an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce its financial results for the eighteen months ended...
Read ››
20.06.06 Acquisition of Petroleos Del Norte
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce that it has closed the first stage of the...
Read ››
07.06.06 Operation Update
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to provide the following operational update on its...
Read ››
31.05.06 Appointment of New Director
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce the appointment of Richard Lavers as a ...
Read ››
17.05.06 Operations Update, May 2006
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to provide the following operational update on its...
Read ››
Subscribe:
Add your email address below to get regular email news from PetroLatina Energy:
Unsubscribe
|
|
