The CX11-18XD well is being conditioned in preparation for logging and casing, testing will follow shortly thereafter. The company plans to test previously proved oil sands as well as prospective oil zones. Testing is expected to take approximately four weeks, depending on the number of tests to be conducted.
Manolo Zuniga, president and CEO of BPZ Resources, said: This is yet another significant accomplishment by our operations team in Peru. In particular, we will test the well to prove up new oil zones in sands deeper in the Upper Zorritos formation. The mud log shows that the oil sands we encountered may be thicker than those found in the 21XD and 14D wells, which is in line with our geologic models.