Hydrocarbon Potential and Unconventional Potential Explorations
COLOMBIA'S MAGDALENA BASIN | VMM-37
SINTANA
ENERGY
In 2011, Sintana was awarded the Licence contract for Block VMM-37
(43,000 acres) located in the prolific Middle Magdalena Basin.
Sintana entered into a Farmout agreement with Exxon Mobil
(operator) in 2012 whereby Exxon Mobil would pay 100% to earn 70%
participation interest.
In 2015, Exxon Mobil drilled the Manati Blanco-1 well to a depth of
14,345 ft. and confirmed approximately 2,600 feet of gross pay in
the La Luna unconventional formation (similar to the Eagle Ford
formation in Texas).
Exxon Mobil was awarded a contract in 2021 to drill the Platero-1 at
VMM-37, a research pilot project well (CEPI) with an estimated cost
of approximately US$53 million.
Colombia
VENENZUELA
Upper
Magdalena
Basin
CR-4
La Loma a.
DRUMMOND LTD.
COLOMBIN
COLOMBIA
VMM-2
ConocoPhillips
VMM-3
MAGDALENA
MEDIO
CANACOL
ENERGY LTD.
epeTROL
SINTANA
ENERGY VMM-37
ExxonMobil
Bucaramanga
Middle Magdalena
Basin
VMM-9
Medellin
PAREX
RESOURCES
Source: Sintana Energy, Ecopetrol, IPD Latin America - ANH
Exploring A Better
Way™
TM
Miles
0
50
100
Bogota
Platero Well
Kale Well
Mid. Magdelena
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