"The seismic vessel is offshore right now," Yeager said. "We have others trying to come to us who want to partner with us on this."
BHP Billiton (NYSE: BHP) acquired E&P rights in the Fuerte Norte and Fuerte Sur offshore blocks in Colombia in April 2006.
The blocks measure nearly 500,000ha each. BHP Billiton holds a 75% interest in each block and is the designated operator.
Colombian state oil company Ecopetrol holds the remaining 25% in the blocks.
BHP is in the process of prequalification for the upcoming Ronda Caribe round for 13 E&P blocks in northern Colombia being run by state hydrocarbons regulator ANH.
BHP's oil division has average daily production of 318,000b/d.
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.
Most Popular Articles
From the Career Center
Jobs that may interest you