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Press Release 20/01/2015 07:02

The discovery, located in the Boquerón field, will produce an estimated 6,500 barrels of oil in 2019, equivalent to more than 120% of the current production of crude oil in the country.
The expected investment in the development of the field is around $200 million and includes the drilling of up to 25 new wells in the first quarter of 2016.
The Boquerón 4D well reached a total depth of 3,237 meters, with a flow rate of 700 barrels of oil per day in initial tests.