Andes Energia PLC AEN Colombia Round 2012

  Andes Energia PLC (AEN) - Colombia Round 2012

RNS Number : 6601N
Andes Energia PLC
02 October 2012




                                                                2 October 2012

                                      

                              Andes Energia plc

                          ("Andes" or "the Company")

                                      

                             Colombia Round 2012





The Board of Andes  (AIM: AEN; BCBA:  AEN), the Latin  American E&P group,  is 
pleased to announce that Andes, in a joint venture with Integra Oil & Gas SAS,
has been accepted  by the  ANH (National  Hydrocarbon Agency  of Colombia)  to 
participate in the bidding process for  Class-1 Blocks, in the Colombia  Round 
2012.

Class-1 Blocks are located in "mature" basins, for which extensive  geological 
knowledge is  available.  These  shall  be  assigned  under  Exploration  and 
Production Contracts.

The list  of approved  qualifying companies  competing in  the tender  process 
includes global firms such as Statoil, ConocoPhillips, EOG, Shell, Total, YPF,
Exxon and Petrobras amongst others.

The bids shall  be presented on  October 17^th  in the City  of Cartagena,  in 
front of a public audience, whereupon the bids will be opened and considered.

Further information on the Colombia Round 2012 bidding process can be found on
the organisation's website:http://www.rondacolombia2012.com.



For further information please contact:



Andes Energia plc     Nicolas Mallo Huergo, Chairman T: +442074955326

                      Rudolph Berends, Vice Chairman

                      Leandro Carbone, CEO

                      
Westhouse Securities Antonio Bossi                  T: +442076016100

                      Jonathan Haines

                      
Buchanan              Tim Thompson                   T: +442074665000

                     Ben Romney





Note to Editors:

Andes is a Latin American oil and gas group, with interests in Argentina and
Paraguay. The Company's focus is on the oil and gas sector in South America,
which it believes offers premium assets at undervalued prices.

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


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