LGO Energy (LGO) has announced that its second new development well in the 2017 drilling programme successfully reached a total depth of 1,250ft. Electric log interpretation of the Mayaro Sandstone target interval confirms the presence of oil and will shortly be put into production over a net oil pay of 269ft.
06 Apr 2017
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- Published:
06 Apr 2017 -
Author:
VSA Research Team -
Pages:
4
LGO Energy (LGO) has announced that its second new development well in the 2017 drilling programme successfully reached a total depth of 1,250ft. Electric log interpretation of the Mayaro Sandstone target interval confirms the presence of oil and will shortly be put into production over a net oil pay of 269ft.