Brownstone Energy Spuds Mani #1 Well in Colombia
Canaguaro, Llanos Basin - Operational update:
Brownstone has also been advised that the Canaguay #1 well was shut in on October 20, 2011 to conduct a down-hole clean out and to install a new submersible pump at a deeper well depth. The work-over and clean-up are expected to take approximately 10 days. Total cost of the work-over is budgeted to be $1 million, of which Brownstone will pay 25%.
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