Colombian Forces Take Over Oil Field After Protest
Reuters reports that Colombian protesters blocked crude oil production at the Andean nation's highest-producing field.
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Upgrader: August 14
Thursday, August 14, 2008
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Welcome back to the Upgrader. More Q 2 results were announced this week. The record heavy oil prices of the quarter have been kind to most, thought profits in refining operations have been hindered. Calgary’s Baytex Energy Trust (NYSE:BTE) was boosted by $125 million (CDN) [...]
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Eight licenses granted in Southeastern Colombia Oil areas
Friday, July 18, 2008
Colombian oil licensing agency ANH granted rights for exploration of oil in eight areas in Southeastern Colombia. For full details, visit this link
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Pacific Rubiales wins two blocks in Colombian bidding
Friday, July 18, 2008
Pacific Rubiales Energy Corp. has been awarded two blocks in the heavy oil bidding round for Llanos basin in Colombia. Ronald Pantin, Chief Executive Officer of the company, was quotes as saying: We are very pleased with the results of the bidding round because it validates our strategy and confirms our commitment to develop heavy [...]
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