Andes Petroleum Company Company News

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Ecuador, Andes Petroleum Likely to Sign New Production Contract
Ecuador's government and China-based oil company Andes Petroleum Ecuador Ltd. will likely sign a new one-year transitory production contract in the first week of August.
8:00 PM EST | July 27, 2008
Andes JV Completes Seismic, Plans 4 New Wells
Andes announced that its joint venture with Patagonia O&G includes the completion of significant seismic work, as well as plans for four new exploration wells.
8:00 PM EST | June 25, 2008
Ecuador Eyes Temporary Oil Contracts
Ecuador's left-leaning president is seeking to increase state control of oil under the country's new constitution.
8:00 PM EST | April 13, 2008
Nationalization Bug Prepares to Bite in Ecuador
Ecuador could arrive at an agreement with U.S-owned City Oriente to end its contract to produce crude oil in the Andean nation, Ecuador's Energy Minister Galo Chiriboga said Monday.
7:00 PM EST | February 24, 2008
Andes Strikes Deal, Ends Tarapoa Protests
Chinese oil consortium Andes Petroleum has struck a deal with residents from Ecuador's Sucumbíos province who occupied installations on the company's Tarapoa block last week, a hydrocarbons ministry spokesperson said.
7:00 PM EST | November 13, 2006
Protesters Occupy Andes Petroleum, Ops Suspended
Residents in Ecuador's Sucumbios province in the Amazon on Friday occupied Chinese oil consortium Andes Petroleum's installations and halted production, local press reported.
7:00 PM EST | November 12, 2006
EnCana Closes Sale of Ecuador Interests
EnCana Corporation has closed the previously-announced sale of all of its oil and pipeline interests in Ecuador to Andes Petroleum Company, a joint venture of Chinese petroleum companies, for approximately US$1.42 billion.
7:00 PM EST | February 27, 2006