GeoPark in Chile discovery

Chile

SANTIAGO, August 21, 2018 – GeoPark has struck gas in its Fell block in Chile, the South America-focused E&P player announced on Monday.

The Jauke-1 well tested at 164,000 cubic metres (5.8 mcf) of gas per day, marking the discovery of a new field, the company statement added.

“The Jauke gasfield is part of the large Dicky geological structure in the Fell block – and has the potential for multiple development drilling opportunities,” GeoPark said. “Petrophysical analysis also indicates hydrocarbon potential in the shallower El Salto formation, which will be tested in the future.”

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