Azabache Energy Inc. the operator of the Antares Block has commenced the drilling of the Lemaya Well on the Antares Block in Colombia. The target of the well is to test the presence of oil in sandstones of the Caballos Formation the main reservoir of the Upper Magdalena Valley Basin. The operator's prognosis anticipates this reservoir will be encountered between 2,360 and 2,900 ft.

The drilling and completion are expected to take approximately three weeks.