Foto Rig Coal Exploration

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Exploration on the northern flank of the east venezuela basin started in 1978n 1986, discovery well ful-1 penetrated 276 m of net oil sandstone and produced up to 7300 bbl of 26 api oil per dayl furrial turned out to be a giant oil field 614 km at 14,000 ft and 4 years later in 1990 reserves were estimated at 1gb.

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