29 Mar
Posted by Brian Anderson as Finance Help
Colombian hydrocarbons regulator ANH is seeing strong interest in the upcoming 2010 open round and has already sold close to 100 data packages, ANH director Armando Zamora told BNamericas.
A March 19 information meeting on the round in Bogot drew 150 assistants, according to Zamora.
“I think the system is well understood and accepted,” he said.
ANH launched the round for 170 blocks late last year and has held road shows around the world.
Energy and mines minister Hernn Martnez Torres has said he expects at least half of the blocks to be tendered.
“There are three types of blocks including smaller and medium blocks up to 200ha, which have established potential and will be used for production. And then there are very large blocks with very little knowledge, which will require technical analysis for exploration,” the minister said last year.
Offers are due and will be opened on June 21.
SECURITY SITUATION
Colombian officials, meanwhile, are continuing to improve security across Colombia.
“There is a security agreement in place between the government and the oil industry,” Zamora said. “All of the indicators, which are reviewed each month, point to substantial improvements.”
Farc guerrillas last week kidnapped five local oil contractors near an oil field operated by US oil firm Occidental (NYSE: OXY), local press in Colombia reported.
The kidnapped men worked for oil firms Tuboscope and Tecnioriente, both contracted by OXY for works on the Caricare oil field in Arauca department on the border with Venezuela.
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