GeoPark commences new drilling exploration in Chile

AIM-listed Latin American oil and gas explorer GeoPark has commenced a new exploration drilling in Tierra del Fuego in Chile through its partnership with Empresa Nacional de Petroleo de Chile,(ENAP), with the spudding of the Chercán 1 well on the Flamenco Block.

AIM-listed Latin American oil and gas explorer GeoPark has commenced a new exploration drilling in Tierra del Fuego in Chile through its partnership with Empresa Nacional de Petroleo de Chile,(ENAP), with the spudding of the Chercn 1 well on the Flamenco Block.

Chercn 1 is the first of 21 exploratory wells on the Flamenco, Campanario and Isla Norte Blocks in Tierra del Fuego and is part of an approximately $100m investment commitment during the First Exploration Period, the company said.

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