PARIS, December 6, 2010 /PRNewswire/ -- M&P through its wholly-owned subsidiary M&P Colombia BV has drilled the exploration well Sabanero SE-2, located 1.8km to the south east of previous well Sabanero SE-1. The well was drilled to a depth of 3,040 ft, and found a net pay zone of 18 feet in the Carbonera C7 structure.

The Group is currently evaluating the results of the well and plans to conduct additional work soon (seismic and / or drilling).

Sabanero SE-2 is the third positive well drilled in the block located 50kms north east of Rubiales field.

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