Events Date: 9

Brownstone Energy drills Calacho #1 well in Llanos basin, Colombia

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Canada-based Brownstone Energy has announced the commencement of drilling of the Calacho No. 1 well on the Llanos 21 block in the Llanos basin in Colombia.

Omega Energy Colombia, the operator of the Llanos 21 block has spud the first of the two well drilling program. The second to be drilled on the block is Rocamao No. 1 well.

The Calacho well will be spud to a planned total depth of 7,000ft to test the hydrocarbon potential of the C7 and Une formations.

The drilling program is expected to take about 30 days to complete. A gross budget of $4.5m is allotted for the drilling and testing of the well.

Drilling of the second well Rocamao well is planned to a total depth of 6,99ft to test the hydrocarbon potential of the C7 and Une formations.

The drilling program may take 30 days; and $5.1m has been reserved for the drilling and testing of the second well.

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