Tapir Block2019-05-31T09:56:35-06:00

Tapir Block – Exploration

One of the most desirable underexplored blocks remaining

  • Operated (50% WI) with 65,154 gross acres (32,577 acres net)
  • Has not been explored in over 20 years due to historic fiscal terms
  • Recently restructured Ecopetrol contract that now mimics ANH contract terms
  • Drilling EIA (1) application has been submitted to and has been approved by ANH (2)
  • 6 separate fault trends identified

Planned Activity:

  • Rio Cravo Esta-1 exploration well spud on April 26, 2019; potential appraisal well to be drilled in Q4 2019
  • Additional 3D seismic to cover most of the block is expected to be shot in 2019 – approval has been received from ANH
  • Potential infill drilling of wells in Mateguafa for “attic” oil with 3D seismic confirmation
  • Potential Carrizales field extension onto block once defined by 3D seismic

(1) Colombia’s Agencia Nacional de Hidrocarburos
(2) Environmental Impact Assessment