Heavy Oil Investing News » Guatemala will open bidding for Heavy Oil Areas

Guatemala will open bidding for Heavy Oil Areas

May 5, 2009 @ 1:47 am In Heavy Oil Company News

Guatemala's bidding process for 12 oil and natural-gas blocks may commence in June, which could result in the Central American nation becoming self- sufficient in oil and fuels in as little as seven years.

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[1] here: http://www.bloomberg.com/apps/news?pid=20601086&sid=aV9_t9qNMUm8&refer=latin_america