Colombia's ANH awards 14 blocks in latest oil auction
08 Dec 2019
Colombia's ANH has awarded 14 blocks in its latest oil auction. On offer were 59 blocks, located throughout the Andean country but concentrated near its northern Caribbean coast and in its eastern plains. One block, Llanos 124, which was the subject of a counter offer, is still to be awarded
Companies including Canada’s Parex Resources and Ecopetrol won contracts to operate the oil blocks as the Andean nation seeks to reinvigorate its petroleum sector.