Latin America-focussed oil producer Petrominerales Ltd said it successfully drilled a second well in Yenac in Colombia.
The company said the Yenac-2 well in the Mirador formation produced 2,936 barrels of oil per day, and that it has put the well in extended production test.
Petrominerales, a 65 percent-owned unit of Petrobank Energy and Resources Ltd, said it will test the remaining Mirador sands in Yenac-2 at a later date, and would defer testing the rest of the formation.
Yenac-2 is the second well drilled at Yenac, which was discovered on the Casimena Block in April.
Last month, Petrobank Energy said it would spin off its stake in Petrominerales to shareholders.
Petrominerales’ shares, which have gained more than 15 percent since announcing the spin-off, closed at CAD$32.89 on Monday on the Toronto Stock Exchange.