The eight-month timeline will depend on Ancap's ability to acquire a boat to conduct the offshore survey, he said on the sidelines of the 3rd Annual Energy Integration Congress in Buenos Aires hosted by BNamericas and International Business Communications.
Interpretation will take an additional eight months after acquiring the data, Lattanzio said.
Uruguay could tender blocks in the regions if data from the areas appears favorable, Lattanzio added.
Ancap is reinterpreting existing seismic data in the regions with Brazil's federal energy company Petrobras (NYSE: PBR) and a Brazilian university.
Last year, Ancap and Petrobras signed a MOU for exploration and refining cooperation.
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.
Most Popular Articles
From the Career Center
Jobs that may interest you