ANH Extends Niscota Block Qualification Deadline

Niscota Block
(Click to Enlarge)
Colombia's hydrocarbons regulator ANH has extended the deadline to submit qualification documents for the US$50mn Niscota block work program to June 30 from June 22, the watchdog said in a statement.

Niscota is in the Piedemonte area in Casanare department and potential reserves could be as much as 500 million barrels.

The regulator will publish a list of qualified companies on July 24 and plans to open a data room and provide access to 3D seismic information from August 10-24. Bids are due September 1, the same day they will be opened and the contract awarded.

UK oil major BP (NYSE: BP) spent US$80mn on exploration at Niscota but relinquished the block in July 2005 after failing to find commercial quantities of oil or gas.

Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Technical Coordinator
Expertise: Client Representative|Process Management|Technical Writing
Location: Houston, TX
Executive Assistant
Expertise: Executive|Secretarial or Administrative
Location: United States
Regional Manager - Saybolt
Expertise: Executive|Operations Management
Location: Linden, NJ
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours