Amerisur gets rig for Colombian project
South America-focused oil and gas group Amerisur Resources has signed a contract for a drilling rig for its Platanillo project in Colombia.
South America-focused oil and gas group Amerisur Resources has signed a contract for a drilling rig for its Platanillo project in Colombia.
The Serrinco D10 1200HP drilling unit will be used for two firm wells with a continuing option to extend for further wells and the contractor for the rig expected mobilisation of the unit within the next week. Results from the first well are expected in May.
"I am very pleased to have signed up Rig D10 and look forward to our contractor undertaking a rapid and efficient mobilisation to the drilling location," said Chief Executive Officer John Wardle.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Amerisur also said that the recently worked over Platanillo-2 well is now being tested with an electrical submersible pump at higher rates than previously reported in natural flow.
"The start of our exciting drilling programme is most welcome; and given our success in the N sand of Platanillo-2 we have even more objectives to go for in the new wells," Wardle added.
BC
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Would you delay retirement to help your children through university?
Parents are missing out on as much as £45,000 that could have gone into their pensions because they are using that money to pay their children’s way through university, according to new research
-
Family face £100k stamp duty bill after avoidance scheme crashes in court – the mistakes to avoid
A couple faces a substantial stamp duty bill after trying to reduce the amount they owed