Niscota Block Qualification Attracts 9 Firms

Niscota Block
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Colombia's hydrocarbons regulator ANH has reported that nine companies submitted qualification documents for the US$50mn Niscota hydrocarbons block work program, the regulator said in a statement.

The groups are UK major BP (NYSE: BP), Colombia's state oil company Ecopetrol, Colombian oil firm Hocol, Russia's Lukoil, Spanish major Repsol YPF (NYSE: REP), UK oil company Perenco, Argentina's Pluspetrol, Canadian firm Talisman Energy (NYSE: TLM) and Tempa.

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

According to the latest timetable, ANH will release a list of qualified companies on July 24 and open a data room along with access to 3D seismic information from August 10-24. Bids are due on September 1.

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