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.
Subscribe to 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
Sign up for MoneyWeek's newsletters
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.
-
Barclays begins paying up to £100 compensation to customers after banking outage
Barclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
By Daniel Hilton Published
-
Review: Shangri-La Paris – an ode to the world’s best food
Natasha Langan enjoys fine French and Chinese cuisine at the Shangri-La Paris
By Natasha Langan Published