BrewBilt Brewing Co (BRBL)

[coolcoins]

Here's an update on activity nearby with Solimar.

http://www.ogj.com/articles/2012/01/san-joaquin-paloma-deep-test-flows-gas-condensate.html


Commenting on the testing of the Paloma Deep ST/2 well, Solimar CEO John Begg said:


"The results at this stage, although preliminary, are very promising and we are hopeful of achieving stabilised flows at commercial rates once the mechanical issues can be overcome. It is particularly pleasing that hydrocarbons have flowed to surface without stimulation of the test zones. Given also the number of additional zones yet to be tested in the well and the Company's expanded land position in the play (details of which will be published in due course) the Paloma project could rapidly evolve as a significant field development and production and cash generating asset for the Company."