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Oil and gas industry news from Latin America

Vallianz sees doubled year-on-year growth as OSV charters soar in emerging markets

Submitted by Paddy Harris on Wed, 2015-02-25 11:40
25th February 2015
Vallianz Holdings has unveiled, what it describes as, a sterling set of results for the financial year ended 31 December 2014, with net profit doubled to USD 20.4m from USD 10.3m a year ago

Vallianz Holdings has unveiled, what it describes as, a sterling set of results for the financial year ended 31 December 2014, with net profit doubled to USD 20.4m from USD 10.3m a year ago

ARKeX completes airborne Trinidad survey for LGO

Submitted by Paddy Harris on Thu, 2015-02-19 11:03
19th February 2015
ARKeX Limited has now successfully completed the Full Tensor Gravity Gradiometry (FTG) survey in Trinidad for LGO

ARKeX Limited has now successfully completed the Full Tensor Gravity Gradiometry (FTG) survey in Trinidad for LGO

GeoPark uncovers further oil pay at Colombia's onshore Llanos Basin

Submitted by Paddy Harris on Wed, 2015-02-18 14:19
18th February 2015
GeoPark Limited has announced a new oil field discovery following the drilling of exploration well Tilo 1, located on the Llanos 34 Block in Colombia

GeoPark Limited has announced a new oil field discovery following the drilling of exploration well Tilo 1, located on the Llanos 34 Block in Colombia

Crown Point board questions LAIG intentions

Submitted by Paddy Harris on Thu, 2015-02-12 17:23
12th February 2015
The board of Crown Point Energy, an Argentina-focussed oil and gas company, has twice this week warned shareholders of the company against voting for proposals put forward by LAIG Investments

The board of Crown Point Energy, an Argentina-focussed oil and gas company, has twice this week warned shareholders of the company against voting for proposals put forward by LAIG Investments

Canacol increases final gas flow at Clarinete 1 onshore Colombia

Submitted by Paddy Harris on Tue, 2015-02-10 16:04
10th February 2015
Canacol Energy has announced that Clarinete 1, the first exploration well drilled in its recently acquired VIM 5 Exploration and Production (E&P) Contract, has tested at a final gross rate of 24.7 million standard cubic feet per day (mmscfpd) of dry gas with no water from the Upper Cienaga de Oro (CDO) reservoir in the second of two production tests over two separate reservoir intervals

Canacol Energy has announced that Clarinete 1, the first exploration well drilled in its recently acquired VIM 5 Exploration and Production (E&P) Contract, has tested at a final gross rate of 24.7 million standard cubic feet per day (mmscfpd) of dry gas with no water from the Upper Cienaga de Oro (CDO) reservoir in the second of two production tests over two separate reservoir intervals

Canacol secures 15-year gas sales contract in Colombia

Submitted by Paddy Harris on Fri, 2015-02-06 09:10
06th February 2015
Canacol Energy has announced that its Colombian subsidiary CNE Oil & Gas S.A.S., in its capacity as operator of the VIM 5 Exploration and Production (E&P) contract in Colombia, executed a new 15-year take or pay contract for the sale of 35 million standard cubic feet per day (MMscfpd) of gas to Altenesol LNG Colombia S.A.S. commencing in the fourth quarter of calendar 2016

Canacol Energy has announced that its Colombian subsidiary CNE Oil & Gas S.A.S., in its capacity as operator of the VIM 5 Exploration and Production (E&P) contract in Colombia, executed a new 15-year take or pay contract for the sale of 35 million standard cubic feet per day (MMscfpd) of gas to Altenesol LNG Colombia S.A.S. commencing in the fourth quarter of calendar 2016

Ivanhoe cancels service contract at Block 20 in Ecuador

Submitted by Paddy Harris on Thu, 2015-02-05 14:14
05th February 2015
Ivanhoe Energy has announced that Ivanhoe's Specific Services Contract on Block 20 in Ecuador is being terminated by mutual consent between Ivanhoe and Petroamazonas EP, Ecuador's state-run oil company

Ivanhoe Energy has announced that Ivanhoe's Specific Services Contract on Block 20 in Ecuador is being terminated by mutual consent between Ivanhoe and Petroamazonas EP, Ecuador's state-run oil company

UK subsea industry targets opportunities offshore Mexico

Submitted by Paddy Harris on Mon, 2015-02-02 12:09
02nd February 2015
Subsea UK, a trade association representing the UK’s subsea industry, has highlighted the growing opportunities present in Mexico’s offshore industry following recent energy reform legislation opening up the market to direct foreign participation

Subsea UK, a trade association representing the UK’s subsea industry, has highlighted the growing opportunities present in Mexico’s offshore industry following recent energy reform legislation opening up the market to direct foreign participation

YPF and Sinopec ink collaboration agreement

Submitted by Paddy Harris on Wed, 2015-01-28 17:25
28th January 2015
YPF, Argentina’s state oil and gas company, has signed a collaboration agreement with China’s Sinopec to jointly develop opportunities across Argentina’s oil and gas supply chain

YPF, Argentina’s state oil and gas company, has signed a collaboration agreement with China’s Sinopec to jointly develop opportunities across Argentina’s oil and gas supply chain

Canacol streams gas at Clarinete 1 onshore Colombia

Submitted by Paddy Harris on Wed, 2015-01-28 09:34
28th January 2015
Canacol Energy has announced that Clarinete 1, the first well drilled in its recently acquired VIM 5 exploration and production contract onshore Colombia, has tested at a final gross rate of 20.6 million standard cubic feet per day (3,606 barrels of oil equivalent -boepd) of dry gas with no water in the first of two planned production tests over two separate reservoir intervals

Canacol Energy has announced that Clarinete 1, the first well drilled in its recently acquired VIM 5 exploration and production contract onshore Colombia, has tested at a final gross rate of 20.6 million standard cubic feet per day (3,606 barrels of oil equivalent -boepd) of dry gas with no water in the first of two planned production tests over two separate reservoir intervals

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