According to the winery this particular Spanish Red is aged 18 months in French and American oak barrels. This wine is made in La Rioja, Spain from Tempranillo, Mazuelo and Graciano grapes from the 2006 harvest. Nice cherry color and lots of aroma and a smooth finish. It’s a very cheap wine at just $12.79 at the time of purchase in 2012, but I would rate it up there with some of the $18 and $20 bottles of the region. I think it’s a good buy and you should drink it upon purchase. I was unable to see a benefit from decanting.