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Government: Bids on Peru's Biggest Oil Block to Start in April
Bidding on the rights to develop Peru's biggest oil block will begin next month, and a winner will likely be announced in August, state energy agency Perupetro says.
7:00 PM EST | March 05, 2015
Pluspetrol Interested in Bidding on Peru's Biggest Oil Block
Argentine energy company Pluspetrol is interested in bidding on the rights to continue developing Peru's biggest oil block after its contract expires on Aug. 15, a company manager says.
7:00 PM EST | February 10, 2015
Argentina's Pluspetrol to Buy Apco Oil and Gas for $427 Million
Pluspetrol Resources agrees to buy Apco Oil and Gas International for $427 million, sending shares up 18 percent.
8:00 PM EST | October 02, 2014
Pluspetrol Says Protests Stop 70% of Output from Peru Oil Block
Pluspetrol says output from Peru's biggest oil block has fallen 70 percent since indigenous protesters occupied its facilities there on Monday.
8:00 PM EST | April 24, 2014
Harvest Natural In Talks To Sell Itself To Argentina's Pluspetrol
Harvest Natural Resources says it was in exclusive talks to sell itself to Argentina's Pluspetrol in a deal valued at about $373M including debt after struggling to fund its exploration activities.
8:00 PM EST | September 10, 2013
Lacula Suspends Castanha Appraisal Well
Lacula Oil Company, a wholly owned subsidiary of ROC, advises that the Castanha 3 ST-1 appraisal well has been drilled to a total measured depth of 2,525 metres and has been suspended. Castanha-3 ST1 is a sidetrack from the original Castanha-3 wellbo
7:00 PM EST | November 14, 2010
Angola: Production Testing in Progress at Castanha-1
Lacula Oil Company Limited, a wholly owned subsidiary of ROC, has provided an update on activity at the Cabinda Onshore South Block, Angola.
7:00 PM EST | February 17, 2010
Cabinda Onshore South Block Partners Prep Production Test
Lacula Oil Company Limited, a wholly owned subsidiary of ROC, has provided an update on activity at the Cabinda Onshore South Block, Angola.
7:00 PM EST | February 07, 2010
Pluspetrol's Helicopters on Track with Blue Sky GPS
Pluspetrol is utilizing Blue Sky Network's GPS-based aviation tracking devices to follow and stay in contact with its contracted helicopter fleets.
7:00 PM EST | January 20, 2010
Pluspetrol Spuds First '09 Well in Cabinda South Block
Lacula Oil, a wholly owned subsidiary of ROC, advised that the Castanha-1 exploration well commenced drilling on November 13, 2009.
7:00 PM EST | November 16, 2009
Operations Commence at Cabinda Onshore South Block
Operations have commenced to re-enter Coco-1 for extended well testing, as well as pre-drilling operations at the site of the Castanha-1 exploration well.
7:00 PM EST | November 02, 2009
Lacula Farms-Out Interest to Cupet Onshore Angola
Cupet has secured a 5% interest under a farm-out arrangement with Lacula Oil, a wholly owned subsidiary of ROC, for the Cabinda Onshore South Block.
7:00 PM EST | November 02, 2009
Pluspetrol Extends Offer for Petro Andina Resources
Pluspetrol's Alberta subsidiary has extended the expiry time for its all-cash offer to acquire all of the issued and outstanding Class A Shares of Petro Andina Resources.
8:00 PM EST | August 18, 2009
Peruvian Fields to Supply New Southern Andean Pipeline
Peruvian Energy and Mines Minister Pedro Sanchez says there are sufficient reserves in the Camisea fields to supply a new natural gas pipeline in the Southern Andes.
8:00 PM EST | August 13, 2009
Petro Andina's Board Rejects Pluspetrol's Offer
Petro Andina announced that its Board of Directors unanimously recommends that shareholders reject Pluspetrol's unsolicited offer to acquire Petro Andina.
8:00 PM EST | July 02, 2009
Pluspetrol Proposes All-Cash Offer to Acquire Petro Andina
Pluspetrol's subsidiary intends to make an all-cash offer to acquire all of the issued and outstanding common shares of Petro Andina Resources Inc.
8:00 PM EST | June 17, 2009
Pan Andean Commences Survey over Block 141 in Titicaca Basin
Pan Andean announced that an aero-gravimetric and magnetometric survey has commenced on Block 141 in the Titicaca basin of the Peruvian Andes, close to Lake Titicaca.
8:00 PM EST | May 14, 2009
Roc Oil Farms-Out Interest in Cabinda Onshore South Block in Angola
Roc Oil has executed a farm-out agreement with Pluspetrol Angola for the farm-out of a 45% interest in the Cabinda Onshore South Block, Angola. Pluspetrol will also become operator of the block.
8:00 PM EST | April 27, 2009
Colombia Auctions Rights to Seek, Produce Oil on 22 Areas
The Colombian oil licensing agency auctioned rights to seek and produce oil or gas in 22 areas across the country.
7:00 PM EST | November 10, 2008
Manas Petroleum: Global Operations 'On Track & Moving Ahead'
Manas Petroleum has issued an operational update and has reported that all of the Company's operations are on track and progressing ahead of expectations.
8:00 PM EST | October 15, 2008
Peru Govt. Auctions Off 17 New Oil, Gas Lots
Peru's government has auctioned off 17 new oil and gas blocks, part of its push to explore for new hydrocarbon resources both on and offshore.
8:00 PM EST | September 09, 2008
Peru's July Oil/Products Output Rises 4.75% Versus June
Peru produced an average of 118,714 barrels of liquid hydrocarbons a day in July, 4.75 percent higher than in the previous month, state agency Perupetro said Tuesday.
8:00 PM EST | August 05, 2008
Wood Snags 3-Year Maintenance Contract for Camisea Facilities
Wood Group Production Facilities was awarded a three-year, performance-based contract by Pluspetrol to provide integrated maintenance services for the Camisea facilities in Peru, the project of which includes the largest NG field in the region.
8:00 PM EST | July 16, 2008
Rig in Peru Closed After Workers Held Hostage
Pluspetrol stated to the Peru securities regulator that operations at Pavayacu had been halted because of protests held by people in a nearby community who were demanding that the company implement social programs.
7:00 PM EST | March 05, 2008
Exec: Camisea Reserves Increase Expected Year-End
Confirmation of a reserves increase for blocks 88 and 56 of Peru's Camisea gas project is expected at year-end, according to Norberto Benito, general manager of Argentine company Pluspetrol's local subsidiary.
8:00 PM EST | July 25, 2007
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
Eight Interested in Rio Negro's 3rd Tender Round
Eight companies to date have purchased bidding rules for the third hydrocarbons tender launched by Argentina's Rio Negro province, provincial hydrocarbons department director Tamara Perez Balda told BNamericas.
8:00 PM EST | May 22, 2007
Pluspetrol Could Drill 3 More Wells on Block 56
The Peruvian subsidiary of Argentine oil company Pluspetrol could drill three more wells on the Pagoreni field in block 56 by year-end, government newspaper El Peruano reported, quoting subsidiary CEO Norberto Benito.
8:00 PM EST | May 02, 2007
Pluspetrol Norte 2006 Profits Up 40% to US$175mn
Pluspetrol Norte, the Peruvian subsidiary of Argentine oil company Pluspetrol, posted net profits of US$175mn in 2006, up 40% from the previous year on higher revenues, the company said in its year-end earnings statement.
8:00 PM EST | March 11, 2007
Rio Negro Inks Exploration Concession Contracts
The governor of Argentina's Rio Negro province, Miguel Saiz, has signed exploration contracts with four hydrocarbons companies to explore four areas of the province, the provincial government said in a statement.
7:00 PM EST | March 08, 2007
Rio Negro E&P Bidding Rules Attract 11 Buyers
Eleven companies have purchased bidding rules to date for the E&P of seven oil blocks in the Neuquen basin of Argentina's Rio Negro province, the provincial government said in a statement.
7:00 PM EST | February 19, 2007
Pluspetrol to Invest Nearly $600M in 2007
Argentine oil company Pluspetrol plans to invest nearly US$600mn through 2007 for exploration, drilling and environmental remediation in Peru, local press reported.
7:00 PM EST | December 28, 2006
Rio Negro to Sign 4 Exploration Concessions End-January
The governor of Argentina's Río Negro province Miguel Angel Saiz will sign decrees awarding contracts for four Neuquen basin hydrocarbons blocks in January instead of December as previously planned.
7:00 PM EST | December 27, 2006
Rio Negro Pre-awards 4 Neuquen Exploration Concessions
The government of Argentina's Rio Negro province has pre-awarded exploration permits for four hydrocarbons blocks in the Neuquen basin, the provincial government said in a statement.
7:00 PM EST | November 25, 2006
Peru's Liquid Hydrocarbons Output Down 5% in October Due to Protests
Peru's total production of hydrocarbons liquids in October this year fell 5% to 3.3Mb from the same month in 2005, largely due to protests from indigenous communities, Perupetro said.
7:00 PM EST | November 12, 2006
Salta E&P Offers Total US$220mn
Offers for the E&P of six hydrocarbons areas in Argentine province Salta total US$220mn, the provincial government reported.
8:00 PM EST | October 26, 2006
Pluspetrol Resumes Output from Blocks 1AB, 8
Argentine oil company Pluspetrol has resumed operations at blocks 1AB and 8 in Peru's Loreto department after losing roughly US$15mn in output, Peru's mining and energy ministry said.
8:00 PM EST | October 24, 2006
Protesters Reach Deal with Pluspetrol
Peru's government has reached a deal with a group of citizens from the indigenous communities of the Río Corrientes basin in Peru's Loreto department to end protests against Argentine oil company Pluspetrol's installments on blocks 1AB and 8.
8:00 PM EST | October 23, 2006
Indigenous Group Refuses to Abandon Pluspetrol Installments
A group of citizens from the indigenous communities of the Río Corrientes basin in Peru's Loreto department has refused to abandon Argentine oil company Pluspetrol's installments on blocks 1AB and 8.
8:00 PM EST | October 17, 2006
Peru Indians, Govt Reach Deal, Ending Oil Well Seizures
Indians who seized three oil wells in Peru's northern jungle this week, trapping 40 workers, ended their protest after reaching an agreement with the government, officials said Saturday.
8:00 PM EST | October 15, 2006
Peru Commission to Address Dispute Over Pluspetrol Block
A multi-sector commission will meet in an indigenous community in northern Peru Wednesday in a bid to resolve an impasse between native communities and Pluspetrol SA's Pluspetrol Norte SA, a Pluspetrol official said Wednesday.
8:00 PM EST | October 10, 2006
Peru's Hydrocarbons Liquids Output Up 2.79% January-September
Peru's total production of hydrocarbons liquids from January-September this year was 31.6Mb, or 115,651b/d, up 2.79% from the year-ago period, the energy and mines ministry said in a statement.
8:00 PM EST | October 04, 2006
Seven Bidders for Four Rio Negro Blocks
The government of Argentina's Rio Negro province has received bids from seven companies for four hydrocarbons blocks in the Neuquen basin, the provincial government said in a statement.
8:00 PM EST | September 27, 2006
Argentine Oil Output Down 3% in H1, NatGas Up 1.6%
Argentine crude production fell 3% to 18.9 million cubic meters (Mm3, 119 million barrels) in the first six months of the year compared to the year-ago period, according to a report from local consulting firm IES.
8:00 PM EST | September 25, 2006
Change in Hydrocarbons Ministry Could Help Bilateral Talks
Brazil's government sees the changes at Bolivia's hydrocarbons ministry as a sign the landlocked country is willing to continue negotiations over its nationalization plans, according to top Brazilian government officials.
8:00 PM EST | September 20, 2006
ANH to Award Niscota Oil Block September 12th
Colombia's hydrocarbons regulator ANH announced on Friday it would unveil the winner of the Niscota block oil E&P concession on September 12.
8:00 PM EST | September 10, 2006
Peru Govt, Gas Companies Reach Deal on Camisea Contract
The Peruvian government and a consortium developing the Camisea natural gas project have reached an agreement to reduce the ceiling on natural gas prices for the domestic market, and to regulate price increases, government and company officials said.
8:00 PM EST | September 06, 2006
Peru's August Natural Gas Output up 27.2%
Peru's August 2006 natural gas output reached 7.04 billion cubic feet (Bf3; 199 million cubic meters), up 27.2% year-on-year due to higher gas consumption by thermoelectric generation plants in the country.
8:00 PM EST | September 05, 2006
Peru Camisea Contract Talks to Wrap Up Soon
Contract talks between government officials and representatives from the consortia developing the Camisea natural gas project could be wrapped up early this week, Pluspetrol Peru Corp.'s general manager, Norberto Benito, said Monday.
8:00 PM EST | September 03, 2006
Mendoza Sells 17 Bidding Rules for Exploration of 4 Areas
Argentina's Mendoza province has sold bidding rules to explore four hydrocarbons areas to 17 companies in a tender process launched July 12, the provincial government reported.
8:00 PM EST | August 29, 2006