SierraCol Energy is 100% owner and operator of all the blocks, which include five active production facilities and 25 active wells.
Central Llanos offers a new operating hub with additional near-term drillable upside opportunities, and with the possibility to accelerate development of reserves to increase production.
These assets represent additional upside from audited 2C resources as well as several low risk, near field exploration prospects.
Central LLanos
We hold 100% WI in LLA-23, Rio Verde, Los Hatos and Alcaraván blocks that were included with the COG Energy integration.
With these blocks we have an operating hub in CLL with additional near-term drillable upside opportunities.
Production
Exploration
Blocks:
1. LLA 232. Rio Verde3. Alcaraván4. Los Hatos
In the province of Casanare, SierraCol Energy is the operator of the Rio Verde, Los Hatos and LLA-23 E&P contracts with the ANH and the Alcaraván Association contract with Ecopetrol.
These operations have further upside potential from ongoing development and exploration opportunities in the current operations.
COG has been present in the area since the 1990s and has a long track record of harmonious development efforts in the areas where it operates.
SierraCol Energy owns the Paloblanco Station, a storage, blending and transport facility located in the Municipality of Mani, where all the crude oil produced in the Central Llanos fields is blended and transported through the Guarimena–Santiago pipeline, also a property of SierraCol Energy, to the Santiago Station operated by Ecopetrol.
Rio Verde
The Rio Verde Block comprises two commercial fields, Tilodiran and Boral, and covers 6,000 acres. The Tilodiran field was discovered in 2006 and the Boral field in 2008. Both fields’ production is from stacked reservoirs.
Since 2016 seven wells have been drilled in these fields, resulting in a sustained increase in production and reserves.
SierraCol Energy holds 100% of the interests in this block.
Los Hatos
The Los Hatos Block is an ANH E&P contract adjacent to the Estero field.
This block covers 279 acres, including the Los Hatos field which was discovered in 2005. This block’s production is from the Mirador Formation.
SierraCol Energy holds 100% of the interests in this block.
Los Hatos
LLA-23
The LLA-23 Block covers 114,600 acres, and includes three fields: Labrador, Leono/Pantro/Tigro and Danes. The Labrador field was discovered in 2012, Leono/Pantro/Tigro in 2016, and Danes in 2018. This block’s production is from the Carbonera, Mirador and Gacheta formations.
SierraCol Energy holds 100% of the interests in this block.
Alcaraván
The Alcaraván Block covers 24,000 acres and includes two fields, Estero and Canacabare, as well as the Paloblanco storage, blending and transport station.
The Estero field was discovered in 1997 and the Canacabare field in 2000. This block’s production is from the Carbonera, Gacheta and Uabaque formations.
SierraCol Energy holds 100% of the interest in this block.
