Gran Tierra Energy Inc. (GTE) Reports Test Results of Exploration Well
Gran Tierra Energy Inc. announced the results of the hydrocarbon appraisal of a recent exploration well on its concession block in Colombia. The well was drilled on the Chaza Block in the Putumayo Basin. Gran Tierra Energy Inc. drilled the Moqueta-1 exploration well earlier in the year and encountered hydrocarbons at approximately 4,000 feet. The company found 53 feet of net pay in the Caballos formation, and 55 feet of net pay in the Villeta T Sandstone formation. Gran Tierra Energy Inc. said that the Caballos had both oil and natural gas zones present, while the Villeta T Sandstone had…