Oil market Colombia: opportunities and risks

Posted on June 9, 2014 • Filed under: Colombia, Oil

forbes.com reported…On June 15, Colombia holds a presidential election that could help end that country’s five-decade conflict with the Revolutionary Armed Forces of Colombia (FARC). Yet that contest may not be the most closely watched by energy companies with an interest in Colombia. On July 23, the Ronda Colombia 2014 will auction off 101 oil blocks; with leases that will come with attractive contract terms aimed at bolstering foreign direct investment and expanding the country’s usable reserves. Read Article

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