The company has begun drilling of the KD-1 well, which is the second of two planned exploration wells in the block.
The well will be drilled to test a thrusted surface anticline with stacked Miocene and Eocene targets to a planned total measured depth of about 10,800ft.
The company owns a 64.4% non-operated working interest in the Budong-Budong block production sharing contract.
Harvest Natural Resources is an energy company with principal operations in Venezuela, and exploration assets in the US, Indonesia, Gabon, China and Oman.
