BPZ to resume Corvina well test off Peru

BPZ Resources has secured an extended well testing (EWT) permit and associated gas flaring permit for its CX11-17D well in the Corvina field in Peru’s offshore block Z-1.

Offshore staff

HOUSTON -- BPZ Resources has secured an extended well testing (EWT) permit and associated gas flaring permit for its CX11-17D well in the Corvina field in Peru’s offshore block Z-1. Both permits are valid through Nov. 30.

Following the expiration of its initial six-month testing period, the well was set to be shut in on Aug. 15.

The gas allocated for flaring under the new agreement should allow BPZ to continue production from the well under the same conditions as before, probably throughout the duration of the EWT. On Nov. 30, Corvina is due to transition to commercial production.

08/17/2010

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