StockMarketWire.com - Oil and gas company Amerisur Resources said Friday it spudded the Pintadillo-1 well, in the central part of the Platanillo block.

Pintadillo-1 would be a slightly deviated well, with a planned total measured depth of 8,448 feet, the company said.

The well, was the first up to three wells, to target the N Sand anomaly, which had been identified on 3D seismic.

The N Sand anomaly at Pintadillo was one of four such anomalies identified by the company in the central part of the Platanillo block. It is estimated to hold P50 resources of 11.44 million barrels of oil.

'We are delighted to have commenced the drilling of Pintadillo-1, in the central part of the Platanillo block, the first of up to three fully-funded wells targeting the N Sand anomaly and estimated to hold P50 resources of 11.44mmbo,' said John Wardle, CEO of Amerisur Resources.


At 8:27am: [LON:AMER] Amerisur Resources PLC share price was +0.32p at 14.9p



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