Colombia: Ecopetrol increases presence in Brazil

Posted on July 19, 2012 • Filed under: Brazil, Business, Colombia, Oil

Its subsidiary in that country signed an agreement with Panatlantic, through which 30 percent have three offshore blocks in the country. The company Ecopetrol Oil and Gas do Brasil Ltda, a subsidiary of Ecopetrol, and Vanco Exploração and Produção Brazil Oil and Natural Gas Ltd, a subsidiary of Panatlantic Energy Group, reached an agreement that the first purchase 30 percent interest participation of three exploration blocks there. Read Article

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