Project Profile
Location: northeast of the Suroriente Block, Putumayo Basin, Colombia
Area: approximately 232 sq km
Start-up Year: -
The Alea 1947C Block has a total area of approximately 232 sq km and is located northeast of the producing Suroriente Block. The block was awarded pursuant to the ANH 2007 Licensing Round and, as such, does not carry any additional royalty to the ANH.
Phase 1 of the contract was satisfied by the acquisition of 100 km of 2D seismic in 2009. Phase 2 of the contract requires the drilling of a single exploration well. The contract is currently suspended pending an environmental study required for the issuance of a permit to allow drilling to proceed. A total of 7 exploration leads and prospects have been identified on the block. The block has a single legacy exploration well which was drilled in 1968. This well proved the existence of a hydrocarbon column in the Villeta \'N\' sand and the presence of thick porous reservoirs in the Villeta U and T sands.
Operators:
Agencia Nacional de Hidrocarburos (ANH): Operator with 50.5% interest
Gran Tierra Energy: 49.5% interest (Suroco Energy Inc. initial partner)