Heavy Oil Investing News » Ivanhoe Energy Ecuador received approval for Pungarayaca fields

Ivanhoe Energy Ecuador received approval for Pungarayaca fields

May 27, 2009 @ 6:43 am In Heavy Oil Company News

Ivanhoe Energy Ecuador declared that it has received approval to assume control of Block 20 and initiate operations on the Pungarayacu field in Ecuador. This follows the receipt by Ivanhoe Energy Ecuador of a key environmental license issued by the Ecuadorean government, related to the development of the field.

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