Quetzal Energy announced it discovered 36 degree API oil when drilling at Atzam #3A well in its 1-2005 Exploration and Production contract area.
The Company is very encouraged by the presence of 36 degree API oil in the over-pressured C-12 reservoir which was encountered in a significantly structurally higher position relative to surrounding wells.
The arrival of petroleum company Pacific Rubiales to Guatemala reaffirms the country's oil potential.
That is the opinion of Bob Szczuczko, general manager of Quetzal Energy, adding that the participation of a company as well known as Pacific, facilitated the decision to retain their properties in the country.
A Dominican company dedicated to providing consulting services, preventive and predictive maintenance on electrical systems in the energy, industrial and commercial sector
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (809) 540-8598 - (809) 540-8599