"Does any one have information on how long will it take to produce oil commercially if Colombia happens to be a good discovery? Road Warrior?" - believe in Cll

If you go back to Petrolifera's original 6 wells that they drilled in Argentina Nov 2005- March 2006 as far as I can tell they were producing by November 2006 I believe. I have no idea about Columbia. Is there a main pipeline near to the La Pinta 1 well to connect to ? Are there good roads nearby to bring in drilling rigs and equipment? Petrolifera is using a heli-portable rig to drill the La Pinta 1 well. Why? I'm assuming because there is no road access to the La Pinta site. I don't know the facts. Petrolifera said that if La Pinta 1 is a success they will drill La Pinta 2 and then move the heli-portable drilling rig to Peru at the end of the summer to drill in Peru.

From Petrolifera's January 26, 2009 Press Report it stated the following:

"The La Pinta 1 well is located approximately 600 meters from the Guamito-1 well, which was drilled by a major oil company in 1975; this well tested very light gravity 46.7 degree crude oil but was not extensively production tested at the time due to lack of facilities and infrastructure and was later suspended. A subsequent testing effort in 1983 by another operator was unsuccessful due to casing problems and Guamito-1 was abandoned."

http://www.petrolifera.ca/documents/...

This leads me to believe that the La Pinta 1 well is in the middle of nowhere with no facilities or infrastructure nearby so it will take awhile to get the oil out. How long is anbody's guess. It won't happen overnight. If there are no roads to truck the oil out, they will have to find a lot of oil in place before they build a branch pipeline to hook it into a main pipeline (if there is one nearby).

A great deal of patience will be needed. First the testing must be completed on La Pinta 1. Then Petrolifera will decide if it is to be a production well. Then they will drill La Pinta 2 to determine the extent of the oil pool. In the mean time if Petrolifera concludes a sale of all of their Argentinian assets then they may have some more money to commit to Columbian exploration in 2009 but their budget for the year is already established and it accounted for drilling 2 wells in Columbia only and shooting seismic there. Remember, La Pinta 1 was budgeted to cost $8 million dollars and it cost over $12 million so far to drill before testing costs are included. This may be all Petrolifera can do in 2009. Of course I could be wrong about all of this but this is my interpretation of the information that we have been provided with.

Of course you can always contact Richard Gusella directly and ask him.

Best Wishes; Scott