Parex has accelerated exploration drilling on the Jacana Field, with the newly planned Jacana-6 exploration well that is expected to spud prior to the end of September 2016e. If successful, the well will result in incremental reserve growth beyond what is already expected with the very successful Jacana-5 well. Parex will drill at least six appraisal wells on the Aguas Blancas Field (50% WI) prior to year-end 2016e. Appraisal drilling is low risk, will likely result in reserve growth with yea
09 Sep 2016
Parex Resources Expands and Accelerates Exploration and Appraisal Drilling Program
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Parex Resources Expands and Accelerates Exploration and Appraisal Drilling Program
Parex Resources Inc. (PXT:TSE) | 0 0 1.1% | Mkt Cap: 2,763m
- Published:
09 Sep 2016 -
Author:
Darren B. Engels -
Pages:
7
Parex has accelerated exploration drilling on the Jacana Field, with the newly planned Jacana-6 exploration well that is expected to spud prior to the end of September 2016e. If successful, the well will result in incremental reserve growth beyond what is already expected with the very successful Jacana-5 well. Parex will drill at least six appraisal wells on the Aguas Blancas Field (50% WI) prior to year-end 2016e. Appraisal drilling is low risk, will likely result in reserve growth with yea