C.DOY Doreal Energy Corp. Message Board

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Gold/Mining/Energy : C.DOY Doreal Energy Corp.

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To: Bearcatbob who wrote (110)	4/8/1999 1:09:00 PM
From: Nikole Wollerstein	Read Replies (1) of 133

HOUSTON, April 8 /PRNewswire/ -- Seven Seas Petroleum Inc. (Amex: SEV - news; Toronto: SVS.U - news) announced today the results of two new wells operated by Mohave Colombia Corporation on the Tapir Association contract in the central Llanos Basin of Colombia, South America. The Mateguafa-1 well was tested at rates up to 777 Bbls/d from a twenty foot perforated interval in the Upper Oligocene Carbonera C-7 sandstone. Evaluation of the testing results and future activity, including the drilling of an appraisal well, the Mateguafa-2, later in the year after the rainy season, are continuing. Seven Seas also announced that the Caporal-1 exploration well, located approximately 15.5 miles (25 kilometers) to the southeast of the Mateguafa-1 discovery well, is to be plugged and abandoned after reaching a total depth of 7,921 feet. Electric log analyses indicated all prospective zones in the Caporal-1 well to be water bearing.

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