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Americas Petrogas Spuds Second Argentina Shale Well

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July 19, 2012

Americas Petrogas (BOE.V) is pleased to announce that drilling has commenced on the Aguada Los Loros x-1 (ALL.x-1) unconventional, shale exploration well on the Los Toldos I block (98,300 gross acres or 398 square kilometers or 154 sections) located in the Neuquen Basin of Argentina. 

This is the second well within the farmout agreement between Americas Petrogas and ExxonMobil Exploration Argentina that was announced in 2011 and the fourth shale oil and gas well on the Company's assets in the Neuquen Basin. The ALL.x-1 well, a vertical well, is planned ...

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