Ecopetrol, Anadarko join for Caribbean offshore exploration

Offshore staff

BOGOTA, Colombia – Ecopetrol SA (NYSE:EC) and Anadarko Petroleum Corp. (NYSE:APC) will join to explore offshore in the Caribbean Sea, reports Bloomberg.

According to the report, Anadarko will own 50% of Fuerte Norte and Suerte Sur blocks offshore Colombia, and the two companies have won a concession to explore the Purple Angle block.

The three blocks total 2.55 million acres (10,320 sq km/3,985 sq mi).

Plans call for seismic work over the next two years, with drilling at the end of 2014.

For more information on geosciences in Latin America, click here.

12/14/2012

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