Hi canzman
4.Why does it take so long to production test? - i.e Paca 1 well has been tested since October 08.
Start with the easy one first, You dont have to pay any tax when you are in production testing and it will be the ANP chasing us up to say its time up guys for production testing
1. What is total depth to be at PACA 2.
In announcement it says 2 figures of 550m & 530m.
Paragraph 3 in the bold section
In light of the multiple oil zones being encountered, the JV has decided to drill deeper to a TD of
550m to test the Serraria Formation.
You will have to give me a bit of time to get the info for your other 2 questions
Cheers
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- about announcement on 9th
about announcement on 9th, page-2
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