Project Profile
Value: US$7.2 million
Location: Putumayo basin
Area: 550 sq. km.
Start-up Year: 2015
The PUT-12 Block is located in the municipality of Puerto Asís, Putumayo department, Colombia. The PUT 12 block covers an area of 550 sq. km. and is adjacent to the Platanillo field in Colombia\'s Putumayo basin. It was awarded in 2012 to a joint venture between Amerisur and Pluspetrol. The partners had committed to spending US$7.2 million in the first three years of exploration.Using existing 2D seismic, nine material leads were identified totaling P50 resources of 305Mb. Under the revised 2015 exploration campaign, the PUT 12 drilling program had began in December 2015 with the drilling of Lead 1, targeting a mean prospective resource of 106.6Mb that is similar in seismic terms to the Platanillo structure. The companies aim to tie the production from this discovery back to the Platanillo system. According to Amerisur, the block exhibits similar geology to its prolific Platanillo block.
Operators:
Amerisur Resources: Operator with 60% interest
Pluspetrol: 40% interest