Niscota Block Qualification Attracts 9 Firms


Colombia's hydrocarbons regulator ANH has reported that nine companies submitted qualification documents for the US$50mn Niscota hydrocarbons block work program, the regulator said in a statement.

The groups are UK major BP (NYSE: BP), Colombia's state oil company Ecopetrol, Colombian oil firm Hocol, Russia's Lukoil, Spanish major Repsol YPF (NYSE: REP), UK oil company Perenco, Argentina's Pluspetrol, Canadian firm Talisman Energy (NYSE: TLM) and Tempa.

Niscota is in the Piedemonte area in Casanare department and potential reserves could be as much as 500 million barrels.

According to the latest timetable, ANH will release a list of qualified companies on July 24 and open a data room along with access to 3D seismic information from August 10-24. Bids are due on September 1.

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.

Company: Talisman Energy more info
 - Strong Upstream Performance from European Majors (Jul 28)
 - PETRONAS, PetroVietnam Extend PM3CAA PSC in Malaysia-Vietnam Waters to 2027 (May 10)
 - Repsol Significantly Scales Back Upstream Investment (Oct 15)
Company: Repsol more info
 - Big Oil Reuses Platforms in Latest Cost-Cutting Trick (Nov 15)
 - Sources: Spain's Repsol Hires Tanker For Iran's Pars Oil As Sanctions Loom (Jun 19)
 - Total Signs Deal to Extend TFT Gas Field License in Algeria (Jun 11)
Company: Perenco more info
 - Reports: Offshore Gas Worker Dies in North Sea Incident (Dec 07)
 - BP: Potential Gas Play Could Open Up New Phase of North Sea Development (Dec 06)
 - Golar, Perenco Reach Agreement on Commercial Terms of Cameroon FLNG Project (Jul 01)
Company: Ecopetrol more info
 - Union Strike Halts Rigs At Ecopetrol Oilfield, Production Unaffected (Sep 06)
 - CEO: Ecopetrol To Focus Spending On Drilling For Rest Of Year (Aug 24)
 - Colombia's Ecopetrol Cuts Planned 2018 Spending To $3-3.5B (Aug 15)
Company: Pluspetrol more info
 - Government: Bids on Peru's Biggest Oil Block to Start in April (Mar 06)
 - Pluspetrol Interested in Bidding on Peru's Biggest Oil Block (Feb 11)
 - Argentina's Pluspetrol to Buy Apco Oil and Gas for $427 Million (Oct 03)
Company: ANH more info
 - Colombian ANH's 'Open Round' Roadshow Visits Houston (Feb 04)
 - Ecopetrol Hits Hydrocarbons at Tempranillo North-1 (Jan 29)
 - Colombia's ANH 'Open Round' Arrives in Calgary (Jan 27)