OREANDA-NEWS. February 11, 2013. Sinochem Petroleum Exploration & Production Co., Ltd. (an affiliate of Sinochem) carried out the test of the Vigia_Sur1 Well (located at the CR Block of Colombia) in the UNE layer and confirmed its daily output of 600 barrels of crude oil, reported the press-centre of Sinochem.

The discovery of the commercial oil flow this time is a signal that Sinochem Colombia Project has found a new oil field in CR Block.

The newly-completed Vigia_Sur1 Well is located in the higher position of Vigia_Sur structure (in western Llanos Basin) in CR Block in Colombia. The company has discovered two layers of oil with accumulated depth of over 40 feet, and the discovery proves that the trap condition is the main controlling factor of the oil & gas enrichment in this field.

In October 2009, Sinochem Group acquired 100% equity of Emerald Energy Plc and obtained its oil and gas assets in Syria, Colombia and Peru, including 50%-100% equity of 8 exploration and production blocks in Colombia (hereinafter referred to as the "Sinochem Colombia Project”).