Osage Exploration and Development, Inc, has completed testing of the Rosablanca-1 well without find producible hydrocarbons in any of the zones evaluated. Plug and abandon operations were initiated this past weekend.
“The Rosablanca-1 structure was by far the largest target on the concession, which is why we began our exploration efforts there. We carried high expectations for this part of the concession and are disappointed by not making a well. Our next order of business will be to assimilate the knowledge that we have gained by drilling this well with possible additional seismic to advance our next target. The prospectivity of this concession is very much intact and we intend to proceed expeditiously with the exploration program together with our operator Lewis Energy Colombia and our other partners Gold Oil plc, and EMPESA, SA,” stated Kim Bradford, President and CEO.
About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogota, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
About Lewis Energy Colombia
Lewis Energy Colombia is a Colombian subsidiary of a closely held US company that is engaged in oil and gas exploration, development, production, pipeline, drilling and production services in Texas and Latin America.
About Gold Oil, plc
Gold Oil, plc is a publicly traded company listed on the Alternative Investment Market (AIM) operated by the London Stock Exchange. Gold Oil is an oil and gas exploration and exploitation company focused on Central and Southern America. Gold Oil has exploration efforts ongoing in Peru, Brazil, and Colombia. www.goldoilplc.com
About EMPESA, SA
Compania Petrolera de Servicios y Acesorias S.A. (EMPESA) is a multi-disciplinary group of professionals with wide experience in the petroleum industry in Colombia. EMPESA executes well design, well planning, drill programs, and engineering/geosciences studies for customers in Colombia such as Occidental Colombia, Lukoil, Gulfsands, and Ecopetrol.
Contact:
For more information, please contact:
Osage Exploration and Development, Inc.
Kim Bradford, President and CEO, 619-677-3956
Fax: 619-677-3964
kbradford@osageexploration.com
www.osageexploration.com
source: yahoo
“The Rosablanca-1 structure was by far the largest target on the concession, which is why we began our exploration efforts there. We carried high expectations for this part of the concession and are disappointed by not making a well. Our next order of business will be to assimilate the knowledge that we have gained by drilling this well with possible additional seismic to advance our next target. The prospectivity of this concession is very much intact and we intend to proceed expeditiously with the exploration program together with our operator Lewis Energy Colombia and our other partners Gold Oil plc, and EMPESA, SA,” stated Kim Bradford, President and CEO.
About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogota, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
About Lewis Energy Colombia
Lewis Energy Colombia is a Colombian subsidiary of a closely held US company that is engaged in oil and gas exploration, development, production, pipeline, drilling and production services in Texas and Latin America.
About Gold Oil, plc
Gold Oil, plc is a publicly traded company listed on the Alternative Investment Market (AIM) operated by the London Stock Exchange. Gold Oil is an oil and gas exploration and exploitation company focused on Central and Southern America. Gold Oil has exploration efforts ongoing in Peru, Brazil, and Colombia. www.goldoilplc.com
About EMPESA, SA
Compania Petrolera de Servicios y Acesorias S.A. (EMPESA) is a multi-disciplinary group of professionals with wide experience in the petroleum industry in Colombia. EMPESA executes well design, well planning, drill programs, and engineering/geosciences studies for customers in Colombia such as Occidental Colombia, Lukoil, Gulfsands, and Ecopetrol.
Contact:
For more information, please contact:
Osage Exploration and Development, Inc.
Kim Bradford, President and CEO, 619-677-3956
Fax: 619-677-3964
kbradford@osageexploration.com
www.osageexploration.com
source: yahoo
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