Rio Negro Pre-qualifies All 5 Bidders for Neuquen Blocks

Argentina's Rio Negro province has pre-qualified all five companies that submitted bids for four blocks in the Neuquen basin after opening technical offers, the provincial government's hydrocarbons department said in a statement.

The province received bids from the following: Petrolera Entre Lomas and Cliveden Petroleo for the Agua Amarga block; Interenergy Argentina and Cliveden Petroleo for the Lago Pellegrini block; Petrolifera Petroleum, Interenergy and CGC for the Vaca Mahuida block; and Petrolifera Petroleum and Interenergy for the Villa Regina block.

The companies have passed on to the qualification stage, where they will be evaluated by a commission made up of legal, accounting and geological experts from the provincial hydrocarbons department.

The province did not receive bids for the Aguada de Cordoba, El Cuy and Meseta Baya blocks that also were included.

Rio Negro aims to include the areas in the third tender of remaining blocks in the Neuquen basin tentatively scheduled for mid-April, according to the statement.

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