Pluspetrol Company News
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Government: Bids on Peru's Biggest Oil Block to Start in April
Friday, March 06, 2015Bidding on the rights to develop Peru's biggest oil block will begin next month, and a winner will likely be announced in August, state energy agency Perupetro says.
Pluspetrol Interested in Bidding on Peru's Biggest Oil Block
Wednesday, February 11, 2015Argentine energy company Pluspetrol is interested in bidding on the rights to continue developing Peru's biggest oil block after its contract expires on Aug. 15, a company manager says.
Argentina's Pluspetrol to Buy Apco Oil and Gas for $427 Million
Friday, October 03, 2014Pluspetrol Resources agrees to buy Apco Oil and Gas International for $427 million, sending shares up 18 percent.
Pluspetrol Says Protests Stop 70% of Output from Peru Oil Block
Friday, April 25, 2014Pluspetrol says output from Peru's biggest oil block has fallen 70 percent since indigenous protesters occupied its facilities there on Monday.
Harvest Natural In Talks To Sell Itself To Argentina's Pluspetrol
Wednesday, September 11, 2013Harvest Natural Resources says it was in exclusive talks to sell itself to Argentina's Pluspetrol in a deal valued at about $373M including debt after struggling to fund its exploration activities.
Lacula Suspends Castanha Appraisal Well
Monday, November 15, 2010Lacula Oil Company, a wholly owned subsidiary of ROC, advises that the Castanha 3 ST-1 appraisal well has been drilled to a total measured depth of 2,525 metres and has been suspended. Castanha-3 ST1 is a sidetrack from the original Castanha-3 wellbo
Angola: Production Testing in Progress at Castanha-1
Thursday, February 18, 2010Lacula Oil Company Limited, a wholly owned subsidiary of ROC, has provided an update on activity at the Cabinda Onshore South Block, Angola.
Cabinda Onshore South Block Partners Prep Production Test
Monday, February 08, 2010Lacula Oil Company Limited, a wholly owned subsidiary of ROC, has provided an update on activity at the Cabinda Onshore South Block, Angola.
Pluspetrol's Helicopters on Track with Blue Sky GPS
Thursday, January 21, 2010Pluspetrol is utilizing Blue Sky Network's GPS-based aviation tracking devices to follow and stay in contact with its contracted helicopter fleets.
Pluspetrol Spuds First '09 Well in Cabinda South Block
Tuesday, November 17, 2009Lacula Oil, a wholly owned subsidiary of ROC, advised that the Castanha-1 exploration well commenced drilling on November 13, 2009.
Operations Commence at Cabinda Onshore South Block
Tuesday, November 03, 2009Operations have commenced to re-enter Coco-1 for extended well testing, as well as pre-drilling operations at the site of the Castanha-1 exploration well.
Lacula Farms-Out Interest to Cupet Onshore Angola
Tuesday, November 03, 2009Cupet has secured a 5% interest under a farm-out arrangement with Lacula Oil, a wholly owned subsidiary of ROC, for the Cabinda Onshore South Block.
Pluspetrol Extends Offer for Petro Andina Resources
Wednesday, August 19, 2009Pluspetrol's Alberta subsidiary has extended the expiry time for its all-cash offer to acquire all of the issued and outstanding Class A Shares of Petro Andina Resources.
Peruvian Fields to Supply New Southern Andean Pipeline
Friday, August 14, 2009Peruvian Energy and Mines Minister Pedro Sanchez says there are sufficient reserves in the Camisea fields to supply a new natural gas pipeline in the Southern Andes.
Petro Andina's Board Rejects Pluspetrol's Offer
Friday, July 03, 2009Petro Andina announced that its Board of Directors unanimously recommends that shareholders reject Pluspetrol's unsolicited offer to acquire Petro Andina.
Pluspetrol Proposes All-Cash Offer to Acquire Petro Andina
Thursday, June 18, 2009Pluspetrol's subsidiary intends to make an all-cash offer to acquire all of the issued and outstanding common shares of Petro Andina Resources Inc.
Pan Andean Commences Survey over Block 141 in Titicaca Basin
Friday, May 15, 2009Pan Andean announced that an aero-gravimetric and magnetometric survey has commenced on Block 141 in the Titicaca basin of the Peruvian Andes, close to Lake Titicaca.
Roc Oil Farms-Out Interest in Cabinda Onshore South Block in Angola
Tuesday, April 28, 2009Roc Oil has executed a farm-out agreement with Pluspetrol Angola for the farm-out of a 45% interest in the Cabinda Onshore South Block, Angola. Pluspetrol will also become operator of the block.
Colombia Auctions Rights to Seek, Produce Oil on 22 Areas
Tuesday, November 11, 2008The Colombian oil licensing agency auctioned rights to seek and produce oil or gas in 22 areas across the country.
Manas Petroleum: Global Operations 'On Track & Moving Ahead'
Thursday, October 16, 2008Manas Petroleum has issued an operational update and has reported that all of the Company's operations are on track and progressing ahead of expectations.
Peru Govt. Auctions Off 17 New Oil, Gas Lots
Wednesday, September 10, 2008Peru's government has auctioned off 17 new oil and gas blocks, part of its push to explore for new hydrocarbon resources both on and offshore.
Peru's July Oil/Products Output Rises 4.75% Versus June
Wednesday, August 06, 2008Peru produced an average of 118,714 barrels of liquid hydrocarbons a day in July, 4.75 percent higher than in the previous month, state agency Perupetro said Tuesday.
Wood Snags 3-Year Maintenance Contract for Camisea Facilities
Thursday, July 17, 2008Wood Group Production Facilities was awarded a three-year, performance-based contract by Pluspetrol to provide integrated maintenance services for the Camisea facilities in Peru, the project of which includes the largest NG field in the region.
Rig in Peru Closed After Workers Held Hostage
Thursday, March 06, 2008Pluspetrol stated to the Peru securities regulator that operations at Pavayacu had been halted because of protests held by people in a nearby community who were demanding that the company implement social programs.
Exec: Camisea Reserves Increase Expected Year-End
Thursday, July 26, 2007Confirmation of a reserves increase for blocks 88 and 56 of Peru's Camisea gas project is expected at year-end, according to Norberto Benito, general manager of Argentine company Pluspetrol's local subsidiary.
Bolivia: Four Companies Operating Under New Contracts
Wednesday, June 27, 2007Four of the 12 hydrocarbons companies that signed contracts with Bolivia's government are operating under the new deals, according to hydrocarbons and energy minister Carlos Villegas.
Eight Interested in Rio Negro's 3rd Tender Round
Wednesday, May 23, 2007Eight companies to date have purchased bidding rules for the third hydrocarbons tender launched by Argentina's Rio Negro province, provincial hydrocarbons department director Tamara Perez Balda told BNamericas.
Pluspetrol Could Drill 3 More Wells on Block 56
Thursday, May 03, 2007The Peruvian subsidiary of Argentine oil company Pluspetrol could drill three more wells on the Pagoreni field in block 56 by year-end, government newspaper El Peruano reported, quoting subsidiary CEO Norberto Benito.
Pluspetrol Norte 2006 Profits Up 40% to US$175mn
Monday, March 12, 2007Pluspetrol Norte, the Peruvian subsidiary of Argentine oil company Pluspetrol, posted net profits of US$175mn in 2006, up 40% from the previous year on higher revenues, the company said in its year-end earnings statement.
Rio Negro Inks Exploration Concession Contracts
Friday, March 09, 2007The governor of Argentina's Rio Negro province, Miguel Saiz, has signed exploration contracts with four hydrocarbons companies to explore four areas of the province, the provincial government said in a statement.
Rio Negro E&P Bidding Rules Attract 11 Buyers
Tuesday, February 20, 2007Eleven companies have purchased bidding rules to date for the E&P of seven oil blocks in the Neuquen basin of Argentina's Rio Negro province, the provincial government said in a statement.
Pluspetrol to Invest Nearly $600M in 2007
Friday, December 29, 2006Argentine oil company Pluspetrol plans to invest nearly US$600mn through 2007 for exploration, drilling and environmental remediation in Peru, local press reported.
Rio Negro to Sign 4 Exploration Concessions End-January
Thursday, December 28, 2006The governor of Argentina's Río Negro province Miguel Angel Saiz will sign decrees awarding contracts for four Neuquen basin hydrocarbons blocks in January instead of December as previously planned.
Rio Negro Pre-awards 4 Neuquen Exploration Concessions
Sunday, November 26, 2006The government of Argentina's Rio Negro province has pre-awarded exploration permits for four hydrocarbons blocks in the Neuquen basin, the provincial government said in a statement.
Peru's Liquid Hydrocarbons Output Down 5% in October Due to Protests
Monday, November 13, 2006Peru's total production of hydrocarbons liquids in October this year fell 5% to 3.3Mb from the same month in 2005, largely due to protests from indigenous communities, Perupetro said.
Salta E&P Offers Total US$220mn
Friday, October 27, 2006Offers for the E&P of six hydrocarbons areas in Argentine province Salta total US$220mn, the provincial government reported.
Pluspetrol Resumes Output from Blocks 1AB, 8
Wednesday, October 25, 2006Argentine oil company Pluspetrol has resumed operations at blocks 1AB and 8 in Peru's Loreto department after losing roughly US$15mn in output, Peru's mining and energy ministry said.
Protesters Reach Deal with Pluspetrol
Tuesday, October 24, 2006Peru's government has reached a deal with a group of citizens from the indigenous communities of the Río Corrientes basin in Peru's Loreto department to end protests against Argentine oil company Pluspetrol's installments on blocks 1AB and 8.
Indigenous Group Refuses to Abandon Pluspetrol Installments
Wednesday, October 18, 2006A group of citizens from the indigenous communities of the Río Corrientes basin in Peru's Loreto department has refused to abandon Argentine oil company Pluspetrol's installments on blocks 1AB and 8.
Peru Indians, Govt Reach Deal, Ending Oil Well Seizures
Monday, October 16, 2006Indians who seized three oil wells in Peru's northern jungle this week, trapping 40 workers, ended their protest after reaching an agreement with the government, officials said Saturday.
Peru Commission to Address Dispute Over Pluspetrol Block
Wednesday, October 11, 2006A multi-sector commission will meet in an indigenous community in northern Peru Wednesday in a bid to resolve an impasse between native communities and Pluspetrol SA's Pluspetrol Norte SA, a Pluspetrol official said Wednesday.
Peru's Hydrocarbons Liquids Output Up 2.79% January-September
Thursday, October 05, 2006Peru's total production of hydrocarbons liquids from January-September this year was 31.6Mb, or 115,651b/d, up 2.79% from the year-ago period, the energy and mines ministry said in a statement.
Seven Bidders for Four Rio Negro Blocks
Thursday, September 28, 2006The government of Argentina's Rio Negro province has received bids from seven companies for four hydrocarbons blocks in the Neuquen basin, the provincial government said in a statement.
Argentine Oil Output Down 3% in H1, NatGas Up 1.6%
Tuesday, September 26, 2006Argentine crude production fell 3% to 18.9 million cubic meters (Mm3, 119 million barrels) in the first six months of the year compared to the year-ago period, according to a report from local consulting firm IES.
Change in Hydrocarbons Ministry Could Help Bilateral Talks
Thursday, September 21, 2006Brazil's government sees the changes at Bolivia's hydrocarbons ministry as a sign the landlocked country is willing to continue negotiations over its nationalization plans, according to top Brazilian government officials.
ANH to Award Niscota Oil Block September 12th
Monday, September 11, 2006Colombia's hydrocarbons regulator ANH announced on Friday it would unveil the winner of the Niscota block oil E&P concession on September 12.
Peru Govt, Gas Companies Reach Deal on Camisea Contract
Thursday, September 07, 2006The Peruvian government and a consortium developing the Camisea natural gas project have reached an agreement to reduce the ceiling on natural gas prices for the domestic market, and to regulate price increases, government and company officials said.
Peru's August Natural Gas Output up 27.2%
Wednesday, September 06, 2006Peru's August 2006 natural gas output reached 7.04 billion cubic feet (Bf3; 199 million cubic meters), up 27.2% year-on-year due to higher gas consumption by thermoelectric generation plants in the country.
Peru Camisea Contract Talks to Wrap Up Soon
Monday, September 04, 2006Contract talks between government officials and representatives from the consortia developing the Camisea natural gas project could be wrapped up early this week, Pluspetrol Peru Corp.'s general manager, Norberto Benito, said Monday.
Mendoza Sells 17 Bidding Rules for Exploration of 4 Areas
Wednesday, August 30, 2006Argentina's Mendoza province has sold bidding rules to explore four hydrocarbons areas to 17 companies in a tender process launched July 12, the provincial government reported.