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Guatemala to start oil production in Atzam-4

Monday, June 17, 2013


Range Resources associate Citation Resources is poised to start commercial oil production from its Atzam-4 oil well in Guatemala.

Negotiations are currently underway between the operator Latin American Resources and a number of parties for the immediate and long term oil commercial production from Atzam-4.

The well had tested an initial rate of 610 barrels of oil per day.



Source: Proactive Investors