March 16, 2018 |
Petroamazonas said in a statement it intends to sell stakes in the following five oil and gas blocks.
- Cuyabeno-Sansahuari with 17,500 bbls/day in output- Yuralpa with 5,000 bbls/day- Oso with 13,000 bbls/day- Blanca-Vinita with 800 bbls/day- Amistad with 39 MMscf/day
Ecuador's state-run oil company said contracts may need up to $755m in investments over a 10-year period to increase oil and gas production. Enhancements include building new facilities, ramping up well drilling and reactivating
Ecuador's state-run energy company outlines five blocks needing roughly $755m in investments