Costa Rica: Black Hills still seeking concessions

By OGJ editors
HOUSTON, June 21
– Black Hills Corp., Rapid City, SD, said its Mallon Oil Co. Sucursal Costa Rica affiliate is working with the Costa Rican government to execute six oil and gas concessions by the end of 2011 on 2.3 million acres in northern Costa Rica.

Mallon Oil Co., Denver, began working to obtain the concessions in 1999, and Black Hills continued the effort since acquiring Mallon in 2003 (see map, OGJ, May 12, 1997, p. 79). For years it appeared that the concessions would not be executed, but recent news reports from Costa Rica have indicated that the contract will be finalized, the company said.

The concessions cover a majority of the San Carlos and Limon North basins. In the US, Black Hills operates oil and natural gas producing properties in Colorado, New Mexico, and Wyoming and has nonoperated interests in properties producing in California, Montana, North Dakota, Oklahoma, Texas, and Wyoming.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...