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Canada’s Quetzal Energy to shoot 3D structure on Atzam structure in Guatemala

Friday, March 11, 2011

Canada-based Quetzal Energy, which is contemplating a spinout of Guatemala assets to its shareholders, will tender this month for a 3D seismic program to better define the producing structure at Atzam oil field.

Shooting is to start in June. Quetzal plans to drill two wells this year using company tools.

Meanwhile, early tests at the Las Casas-3X well of eight intervals have produced inconclusive results of oil and water.

Original source: Oil & Gas Journal