03:41 PM EST - Petrominerales : announced an operational update highlighted by our Curito-1 discovery well that tested over 5,900 barrels of oil per day. The Curito-1 exploration well was drilled to target depth of 10,390 feet. The company cased the well based on its petrophysical interpretation and performed initial tests using a progressive cavity pump in the following intervals: the Ubaque test averaged 69 barrels per day of 14.5 degree API oil at a 86% water-cut over a 44-hour period; the Gacheta test averaged 93 barrels per day of 14.3 degree API oil at a 52% water-cut over a 65 hour period. Petrominerales
shares T.PMG are trading up $0.76 at $6.76.
