BPZ Energy adds Pacific Rubiales to offshore Peru contract

Source: BPZ Energy

BPZ Energy (BPZ) (BPZ), an independent oil and gas exploration and production company, today announced that the Peruvian Government has signed the Supreme Decree authorizing Perupetro to execute the amendment to the Block Z-1 License to add Pacific Rubiales Corp. (PRE.TO) (BVC:PREC) (BOVESPA:PREB) to the Z-1 License Contract.

President and CEO Manolo Zunyiga commented, "We appreciate the hard work of the BPZ and Pacific Rubiales teams dedicated to this process that helped us obtain the necessary approvals before year-end. With the contractual agreements closed and the Supreme Decree now received, our partnership with Pacific Rubiales enters the new year intently focused on production growth at Block Z-1."

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Marketing you can trust

Whitepapers

Five Steps to Build an Effective Threat Intelligence Capability

Against today’s mutating threat landscape and sophisticated cybercriminals, security and risk (S&...

Big Data: Business Insight for Power and Utilities

With this paper Microsoft aims to distill the Big Data drivers, challenges, and opportunities for...

Mobility Innovations for the Next Generation Utility

Utilities are experiencing rapidly changing field mobility requirements as they race to keep up w...

Six Hurdles to Change Management

Are you able to effectively monitor intelligent industrial endpoints and manage change within cri...

Latest Energy Jobs

View more Job Listings >>

Archived Articles

PennEnergy Articles
2008 | 2009 | 2010 | 2011 | 2012 | 2013

OGJ Articles
2011 | 2012 | 2013

OGFJ Articles
2011 | 2012 | 2013

Power Engineering Articles
2011 | 2012 | 2013

Power Engineering Intl Articles
2011 | 2012 | 2013

Utility Products Articles
2011 | 2012 | 2013

HydroWorld Articles
2011 | 2012 | 2013

COSPP Articles
2011 | 2012 | 2013

ELP Articles
2011 | 2012 | 2013