Tecpetrol, Petrobras Consortium Win Hickman Concession

A consortium of Argentine oil companies Tecpetrol and Petrobras Energia (NYSE: PZE) have won the exploration concession for the Hickman block in northeast Salta province, Tecpetrol said in a statement to the Buenos Aires stock exchange.

The two companies will have equal shares in the 6,555 sq km block. Tecpetrol will act as operator.

The consortium plans a US$18.7 million investment in exploratory works over the next four years.

Visit BNamericas to access our real-time news reports, 10-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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Location Manager I - Saybolt
Expertise: Business Development|Facilities Management|Surveying
Location: Texas City, TX
 
Legal Assistant
Expertise: Legal
Location: San Ramon, CA
 
Paralegal
Expertise: Legal
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours