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LGO Energy: Trinidad drilling update

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Oilfield Technology,

LGO can today confirm that Rig#18 has now been successfully mobilised to the Goudron Field where it has been contracted to drill at least two infill wells to the Mayaro Sandstone reservoir. Drilling operations are now expected to commence in the next week.

As previously announced, the first well, H18E N4, which is expected to be designated GY-682 at spud, is targeting a net 200 ft thick Mayaro Sandstone pay interval at a depth between 300 and 1000 ft depth and the well is anticipated to be completed for production immediately after drilling operations are concluded.

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