Tag: Devonian Icla

• Wednesday, December 31st 2014 - 05:18 UTC

  Blackout for Paraguay's hydrocarbons hopes in Chaco drillings

  

  President Energy slumped by as much as a third on Monday following an update on testing of the Silurian Santa Rosa and Devonian Icla reservoirs in the Lapacho well in Paraguay's Chaco. A test of Santa Rosa was cut short, although management reckons that it can be commercialized, and a test of Icla recovered only gas and no oil.