Discovery of Aquio
Published on June 22nd 2017, modified on October 12th 2017
The drilling of the exploration well Aquio X1, in the foothills of the Camiri area, has been extremely difficult. After 18 months of drilling and 6 side-tracks, we had still not found the reservoir and in case of no discovery, the block was lost at the end of April 2011. We eventually encountered the reservoir mid-April, materialized by the gas flare, and we invited the President Evo Morales on 27 April to hand-out the Declaration of Commerciality...a few days before the end of license.
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