Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced a capital spending program of US$198 million for exploration and production development operations in Colombia, Peru, and Argentina for 2009. This budget includes the drilling of seven exploration wells and six development wells in Colombia, in addition to seismic acquisition programs in Colombia,...
Osage Exploration and Development, Inc, announce that Saturday, December 6 drilling has begun on its first exploratory well on the Rosablanca concession in Colombia. Osage is joined in the Rosablanca concession by Gold Oil plc, Lewis Energy Colombia and EMPESA, SA. “This well is the culmination of a project that was begun almost exactly two years ago,” stated Kim Bradford, Chairman and CEO, “we...
Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, today announced that it had completed drilling Costayaco-6, a new well in the Costayaco Field in the Chaza Block, in the Putumayo Basin of southern Colombia, encountering oil deeper in the primary reservoir zone than previous wells in the field. Gran Tierra Energy has also completed drilling Zafiro-1, an...
Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced that it had completed drilling Costayaco-6, a new well in the Costayaco Field in the Chaza Block, in the Putumayo Basin of southern Colombia, encountering oil deeper in the primary reservoir zone than previous wells in the field. Gran Tierra Energy has also completed drilling Zafiro-1, an exploratory...
Gran Tierra Energy Inc. a company focused on oil exploration and production in South America, announced that it has temporarily suspended production operations in the Costayaco and Juanambu oil fields in the Putumayo Basin of southern Colombia. Production from other assets in the Putumayo Basin, the Llanos Basin and the lower Magdalena Basin continues unimpeded. This temporary suspension of production...
Radial Energy Inc. announced the most recent developments in each of the Company’s oil & gas projects, detailing significant progress in Peru, Colombia, Texas and Utah. Radial Energy is focused on acquiring and developing overlooked and under-exploited oil and natural gas reserves in North and Latin America and is moving forward rapidly on multiple fronts. Radial Energy reports the Huaya...