Quetzal Energy Ltd. (TSX-V: QEI) has announced that the company has cased the Atzam #3A development well to a depth of 1506 feet, as a potential Coban C-12 new pool oil discovery in the 1-2005 exploration and production contract area of Guatemala. The company is the operator of the contract where they hold a 97% working interest.
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Quetzal has also reported updated information regarding progress of operations in Colombia. The ANH has granted an extension through July 21 to complete the Canaguay #1 drilling operations on the Canaguaro block in the Llanos Basin. The drilling loction and access road were completed and the Nabors-119 drilling rig is believed to be moved to the Canaguay #1 drilling location in the near future.
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