Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports that the
exploratory well Tibirita-1A, located in the municipality of San Martin,
Meta province (Colombia), has shown the presence of hydrocarbons. Initial testing at the well indicated a hydrocarbon column of 50 feet.
Testing also indicated an average daily production of 580 barrels of
crude oil of 11.3° API.
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