Energy and Oil Minister Rafael Ramírez declared that bidding for the award of joint venture partners in developing of heavy crude oil reserves in one of four blocks in the Orinoco Basin had been delayed. For full story, click here
Brazil state-controlled oil company Petrobras has approved the development project for its Siri field in the Campos Basin. For full story, click here
MegaWest Energy Corp. announced the acquisition of the Montana’s Devils Basin play. For full news, click here
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