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
Class-1 Blocks are located in "mature" basins, for which extensive geological
knowledge is available. These shall be assigned under Exploration and
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
Buchanan Tim Thompson T: +442074665000
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
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