Brownstone Energy Inc. confirmed a new oil discovery in the Une formation at the Flami-1 well on the Llanos 27 block in Colombia.

In phase 1, the Flami-1 well produced 1,515 barrels of oil per day over a 60-hour period of 15.5° API oil with an average watercut of 13%. Cumulative oil production over the period was 3,786 barrels of oil (b/o).

Following phase 1 of the test, the well was shut in to perform a 24-hour pressure build-up test. During this time, the formation pressure was measured at 3,850 psi.

Phase 2 of the test involved periodically stepping up the total fluid production rate to observe watercut and overall fluid production. Cumulative production over a 73-hour period was 5,496 b/o.

 tests will be performed once the well can be placed on an extended test.