Canadian operator, Madalena Energy executives reported at an investor conference held in mid-November 2018 that the company was still seeking partners for its Neuquen Basin, Curamhuele license in 2019. After a 40 degree API sweet crude discovery in the Lower Agrio tight sands by the Yapai x-1001 wildcat. Partners are currently planning a Lower Agrio horizontal multi-frack delineation well potentially funded by the future JV partner. In 2016 the Neuquen provincial government awarded to Madalena an evaluation lot for Curamhuele, valid until 9 March 2019. The Yapai x-1001 deeper pool test produced 6,160 barrels of oil (77 bo/d), 95 bw/d (56% of the fracking fluid) and 7.0 MMcf/g (88 Mcfg/d) from the Early Cretaceous Mulichinco Formation over an 80 day period. In February 2015 a rig deepened the Yapai x-1001 in order to perform hydraulic fracturing and testing. The Curamhuele x-1 wildcat was also reentered. Madalena holds 90% interest in the Curamhuele Block and provincial company Gas y Petroleo del Neuquen has 10%.
Argentina, Curamhuele