The gas will immediately be incorporated on stream into the pipeline to Cucuta, the capital city of the Department of Norte de Santander, Colombia.
On July 1, 2010, the company initiated the workover of Cerrito-1, consisting of the abandonment of the deeper interval of La Luna formation, and a recompletion on the shallower interval (42ft of net pay) of the same formation that had presented similar petrophysical characteristics of 12% porosity, 25% water saturation, and reservoir down hole pressure of 1,800 PSI.
Alange Energy’s current gas deliveries, excluding Cerrito-1, are 1.4mmcfd comprised of 0.4mmcfd from the Cerrito block and 1mmcfd trucked from the Carbonera block.
The execution of infrastructure projects in Carbonera is underway, including a 6-inch, 8km pipeline and new loading facilities that will reduce trucking times and enable the projected growth in production to reach the market.
The Cerrito Block, located in the Catatumbo Basin of Colombia, is an asset in which the company holds working interests of 79.8% in the Cerrito 1 and 2 wells, 76% in the T-Burns well, and 81% in the remaining exploration area.
