Pacific Stratus Announces Second Test Results at La Creciente 3 Well



    TORONTO, Nov. 6 /CNW/ - Pacific Stratus Energy Ltd. (TSX: PSE) announced
today that it has completed the second production test at the La Creciente 3
well (LCA-3), which indicates a production potential of 32.7 million cubic
feet per day (mmcfd) with a 32/64 inch choke.
    LCA-3, located at Prospect A of the La Creciente Block in the Lower
Magdalena Basin of Colombia was drilled to a final Measured Depth of 12,950
feet or 10,977 True Vertical Depth at Sub-Sea level. Test results of the DST-2
indicate a production potential slightly higher than that measured at the
LCA-1 well, which measured 29.1 mmcfd with the same choke.

    The second Drill Stem Test (DST-2) comprises the following intervals:

    
        DST-2
        11948 - 11958 feet (10 ft)
        11962 - 11986 feet (24 ft)
        12010 - 12025 feet (15 ft)
        12046 - 12052 feet  (6 ft)
        12057 - 12060 feet  (3 ft)
        12064 - 12068 feet  (4 ft)
        12074 - 12090 feet (16 ft)

    The DST-2 test results, as well as those for the DST-1 at LCA-3 and the
open hole testing at LCA-1, are as follows:

    -------------------------------------------------------------------------
                    LCA-3 vs. LCA-1 SURFACE RESULTS COMPARISON
    -------------------------------------------------------------------------
    DST 2 LA CRECIENTE A-3    DST 1 LA CRECIENTE A-3      LA CRECIENTE A-1
    -------------------------------------------------------------------------
           Intervals:                Intervals:               Open hole:
      11965 - 12107 feet        12152 - 12186 feet        10915 - 11510 feet
    -------------------------------------------------------------------------
    CHOKE   Gas Rate   WHFP  CHOKE   Gas Rate   WHFP  CHOKE   Gas Rate   WHFP
    -------------------------------------------------------------------------
     /64"     kpcd     psig   /64"     kpcd     psig   /64"     kpcd     psig
    -------------------------------------------------------------------------
      16     8,902    5,343     8     2,392    5,432    12     6,221    5,465
    -------------------------------------------------------------------------
      20    14,390    5,281    12     5,373    5,412    18    11,259    5,385
    -------------------------------------------------------------------------
      24    20,240    5,117    16     9,972    5,321    24    17,578    5,091
    -------------------------------------------------------------------------
      32    32,720    4,534    20    14,400    5,130    32    29,100    4,451
    -------------------------------------------------------------------------
                               32(*) 25,400    4,453
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    WHFP = Well Head Flowing Pressure
    kcfd = thousand cubic feet per day
    psig = pounds per square inch gauge
    (*) Note: Wellhead Flowing Pressure and Gas Rate at choke 32/64" for
              DST 1 in LCA-3 was estimated by extrapolation of 2nd order
              polynomial function based on real data.
    

    Actual production may differ from initial test results.

    The company also announced that drilling at LCD-1 has reached 860 feet
and the company is presently preparing to run and cement the surface casing.
Total final depth of this well is planned at 11,143 feet and the top of
Cienaga de Oro is expected at 10,583 feet.

    Pacific Stratus Energy is a Canadian-based oil and gas company that
initiated operations in 2004. The company is focused on identifying attractive
opportunities primarily within the upstream Sub Andean basins. Pacific Stratus
has a current net production of 1,900 barrels of oil per day, with working
interests in the Caguan, Dindal, Rio Seco, Puli B, La Creciente, Moriche,
Guama and Arauca blocks in Colombia and blocks 135, 137 and 138 in Peru. The
company has offices in Toronto, Caracas and Bogota. Further information is
available on our website at www.pacificstratus.com.

    This press release contains forward-looking statements based on
assumptions, uncertainties and management's best estimates of future events.
Actual results may differ materially from those currently anticipated.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties. Important factors that could cause actual results to differ
materially from those expressed or implied by such forward looking statements
are detailed from time to time in the company's periodic reports filed with
the British Columbia Securities Commission and other regulatory authorities.
The company has no intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

    %SEDAR: 00008913E




For further information:

For further information: Jose Francisco Arata, Chief Executive Officer,
(416) 362-7735, jfarata@pacificstratus.com

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Pacific Stratus Energy Corp.

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