The company has spud the well and has set the surface casing for the shale exploration well.
Americas Petrogas has planned to drill the vertical to a total depth of 3,350m and target the Vaca Muerta shale formation as the primary interest and Tordillo, Quintuco and Mulichinco formations as secondary interest.
Americas Petrogas president and CEO of Barclay Hambrook said, "The Company continues to execute on its unconventional shale oil and gas drilling program and to prove-up its assets."
The company owns 45% working interest in the Los Toldos blocks and is the operator, ExxonMobil too holds 45% working interest whereas Gas y Petroleo del Neuquen has 10% interest.
