From PAREX nr today


"Las Maracas-6 was brought on-stream at 1,850 bopd in December 2012. The Las Maracas-7 well was drilled as a southern delineation well and encountered potential pay in both the Mirador and Gacheta formations and is currently awaiting testing. The drilling rig will move over and drill a dedicated water disposal well off of the same pad as the Las Maracas 7 well. We expect the Las Maracas field (Parex operated; 50 percent working interest) to produce at a rate of approximately 8,000 bopd (gross) until the oil treatment plant is commissioned in the second quarter of 2013;