03:41 PM EST - Gran Tierra Energy Inc. : announced results of two exploration wells. For instance, initial testing of the Melero-1 exploration well, located on the Garibay Block in the Llanos Basin, has been completed. The well spud on June 22, and reached total measured depth at 9,748 feet or 9,561 feet true vertical depth on July 16. Four drill stem tests were run and average production of 922 barrels of oil per day of 16.8 degrees API gravity with a 0.3% water cut was obtained from an interpreted 16 feet of net pay in the Upper Mirador reservoir. Gran Tierra Energy Inc.
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