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Summary of Approach: |
Focus on technically sound blocks that offer the prospect of long-life sustainable reserves and production. Near-term and longer-term drilling programs under way. |
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Government/Industry Relations: |
Colombia has been recognized by the industry and industry commentators as offering among the world's most attractive fiscal and royalty regimes. |
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Petrolifera Properties: |
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Geological Basins where active: |
Lower and Middle Magdalena Basins |
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Petrolifera Acreage: |
860,191 net acres of rights |
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Number of wells drilled by Petrolifera: |
Two wells in progress as of March 2010 |
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Year Activities Began: |
2007 |
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Official Language: |
Spanish |
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Population: |
45,346,000 |
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Government: |
Unitary Presidential Republic |
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Country Capital: |
Bogotá |
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Flag: |
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