Colombia To Auction Oil Rights

Published June 24th, 2008


The Colombian government will auction rights to seek oil in more than 100 blocks on Oct. 24, the chief of the oil licensing agency, known as ANH, said in an interview.

The Colombian government will auction about 100 small areas, some of which had been handed over by companies back to the government, Zamora said. Interested companies have until the end of August to apply to be authorized to bid during the auction, he added.





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