1.3K
Talisman Oil & Gas Ltd, a unit of
Talisman Energy Inc, discovered a significant gas
condensate field in the Niscota Block of the Andes foothills in
Colombia.
The Huron-1 well located in the Niscota Block was spudded
in June last year and has been drilled to a current depth of
18,275 feet in a heavily faulted area and encountered several
reservoirs, the company said.
Talisman, which holds a 30 percent interest in the Niscota
Block, said one reservoir was tested at 3,400 barrels per day
of gas condensate.
Currently the well is being deepened to complete the
evaluation of the prospective section, and further logging and
testing is planned, the company added.
Talisman Energy shares closed at C$16.95 Tuesday on the
Toronto Stock Exchange.
