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Aruchara-5 successfully drilled to a total depth of 9,097 feet, hitting the H1 target as designed and passing through the H2, H3, H4, H5 and H6 zones, with all zones showing positive results of gas at the surface and through wireline logs Aruchara-5 has been completed and connected to the central processing facility and an evaluation of well performance is underway through the CPF with new gas volumes being sold…

U.S. natural gas futures fell, with oil markets continuing to sell off on peace deal hopes and domestic weather-driven demand seen light for the next couple of weeks.