Chaco Resources Company News

Recent Articles

Results 26 articles shown

Bolivia: Four Companies Operating Under New Contracts
Four of the 12 hydrocarbons companies that signed contracts with Bolivia's government are operating under the new deals, according to hydrocarbons and energy minister Carlos Villegas.
8:00 PM EST | June 26, 2007
Chaco Announces Name Change, Share Placing
South America-focused Chaco Resources plc, which will soon be renamed Amerisur Resources plc, is proposing to raise £15 million before expenses by way of a placing with institutional and other investors.
8:00 PM EST | May 23, 2007
Chaco Acquires Stake in Middle Magdalena Block
Chaco Resources plc has signed a farm-in agreement with Fenix Oil and Gas SA to earn a substantial interest in the Fenix Block, a 24,117-hectare area located in the Middle Magdalena Basin of Colombia.
8:00 PM EST | April 24, 2007
Chaco Reports Llanos Basin Duster
Chaco Resources Plc said that drilling of the Sayona-1 well in the Primavera block in the Llanos Basin of Colombia has been completed.
8:00 PM EST | April 22, 2007
Chaco Announces Board, Management Changes
Chaco Resources plc, the oil and gas explorer and developer focused in South America, on Tuesday announced the following Board changes.
8:00 PM EST | April 16, 2007
Chaco Announces Spudding of Sayona-1
Chaco Resources Plc said that the Sayona-1 well, the second well on the Primavera block in the Llanos Basin in Colombia, has begun drilling.
8:00 PM EST | April 12, 2007
Chaco Reports Dry Hole in Colombia
Chaco Resources Plc said that drilling on the Cachapa well on the Primavera block in the Llanos Basin in Colombia has completed.
8:00 PM EST | April 04, 2007
Chaco: Primavera Well Set to Spud Next Month
Chaco Resources Plc said that the spud date for the Cachapa £1 well on the Primavera block, Colombia, is now anticipated to be in the first half of March 2007.
7:00 PM EST | February 18, 2007
Chaco Resources Says Spud Date for Cachapa #1 Well is in February
Chaco Resources says that the spud date for the Cachapa #1 well on the Primavera block, Colombia, is anticipated to be in the second half of February 2007.
7:00 PM EST | January 17, 2007
Chaco Pulls Out of Puerto Lopez Oeste
Chaco Resources Plc said that operators Expet S.A. and Consultoria Colombiana S.A. have advised that the new seismic data does not indicate the presence of structures large enough to be considered commercially viable.
7:00 PM EST | January 17, 2007
Chaco, Ecopetrol to Amalgamate First Two Years of Platanillo Contract
Chaco Resources said that Ecopetrol, the Operator of the Platanillo Block in Colombia has obtained approval from the ANH to amalgamate Years 1 & 2 of the Platanillo E&P contract.
7:00 PM EST | December 26, 2006
Rig Hired for Primavera Block in Colombia
Chaco Resources reports that the Operator of the Primavera Block in the Llanos Basin of Colombia, Gran Tierra Energy, has secured a contract for a drilling rig to drill two wells in this block.
7:00 PM EST | December 21, 2006
Chaco Resources Provides Update on Colombia Ops
Chaco Resources says on track to become a petroleum producer in 2007. The company anticipates a busy work program on three of its prospects in Columbia, Platanillo, Primavera and Puerto Lopez Oeste.
7:00 PM EST | December 20, 2006
Chaco Resources Receives Approval for Puerto Lopez Oeste 2nd Phase
Chaco Resources will be entering into the second phase of the exploration program of its Puerto Lopez Oeste block in Colombia. The decision follows the processing and interpretation of seismic data that will lead to the drilling of one well.
7:00 PM EST | December 14, 2006
Chaco Unit Wins Nod from Paraguayan Authorities
Chaco Resources Plc, the oil and gas explorer and developer focused in South America, announces that its subsidiary, Bohemia S.A.("Bohemia"), has received approval of its hydrocarbons application the Paraguayan Government.
7:00 PM EST | November 01, 2006
Chaco Resources Says Seismic Work Completed at Primavera Block
Chaco Resources says the seismic work and interpretation reprocessing on its Primavera Block in Colombia has been completed.
8:00 PM EST | October 09, 2006
ANH Approves Boundary Change for Chaco's Puerto Lopez Oeste Block
Chaco Resources has secured a change in the eastern boundary of its Puerto Lopez Oeste block in the Llanos Basin of Colombia.
8:00 PM EST | October 02, 2006
Chaco to Conclude 2D Seismic Reprocessing by August
Chaco Resources plans to complete the reprocessing of existing 2D seismic data on its 100%-owned Curupayty block in northern Paraguay by August.
8:00 PM EST | July 18, 2006
Chaco Issues Update on Operations in Paraguay, Colombia
Chaco Resources says reprocessing of existing seismic lines on the Curupayty Block is proceeding on schedule for completion in early July.
8:00 PM EST | June 13, 2006
Chaco Resources Raises £4 Million in Placement
Chaco Resources has raised £4m before expenses, through the Placing of 26,666,667 new ordinary shares at 15 pence per share.
8:00 PM EST | May 17, 2006
Chaco Finalizes Contract for Primavera Block in Columbia
Chaco Resources says that the Exploration and Exploitation Contract for the Primavera Block in Colombia was finalized on May 9, 2006 between Argosy Energy International as operator and the Colombian Government (ANH).
8:00 PM EST | May 11, 2006
Chaco Joint Venture Wins Primavera West Block
Chaco Resources will hold a 55-percent equity interest in a joint venture group that recently won an exploration and production contract over the Primavera West Block in Colombia's Llanos basin.
7:00 PM EST | March 26, 2006
Chaco Resources Raises 1.5 Million through Share Placement
Chaco Resources has raised £1.5m before expenses, through the placing of 13,636,364 new ordinary shares at 11 pence per share.
7:00 PM EST | February 16, 2006
Chaco Makes New Hydrocarbons Discovery
Bolivian oil firm Chaco has discovered hydrocarbons at the Carrasco well in its Bajo 1 block in Bolivia's Cochabamba department.
7:00 PM EST | January 11, 2006
Ecopetrol Joins Repsol in Chaco's Colombian Alea Field Farm-out
Chaco Resources says that Ecopetrol has joined Repsol Exploracion Colombia S.A. in the farm-out of the Alea field development project first announced by the Company in October.
7:00 PM EST | December 07, 2005
Chaco JV Awarded Puerto Lopez Oeste Block in Colombia
Chaco Resources has been awarded an Exploration and Production Contract over the Puerto Lopez Oeste Block in the Llanos Basin of Colombia.
7:00 PM EST | November 20, 2005