Irish explorer Pan Andean Resources has won two oil and gas blocks “in a competive round” which cover Peruvian highlands and lowlands, including an area near the “world class” Camisea gas-condensate field in the Ucayali basin. 
Mexican army and police have been reinforced after two pipeline blasts in a week proved to be the work of rebels partly protesting the narrow election win of the conservative federal government. 
London-listed Calgary oil company Solana said it has a gusher in the in southern Colombia, where a Chaza Block wildcat well in the Putumayo Basin has struck oil. 
French-Canadian yard Davie in Quebec City has been handed its third shipbuilding contract in as many months with a US$145.3 million order to make an offshore construction vessel able to lift 400 tonnes into 3,000-metre depths. 
BG Group has finalized a deal to supply Chile's first import terminal for liquefied natural gas, or LNG, a project expected to supply 40 percent of the country’s needs. 
Calgary based oil company Antrim has started drilling the first of two exploration wells at the Meianera license in Rio Negro Province, central Argentina. 
Petrolifera Petroleum Limited provides an operational update to its shareholders. The company’s first quarter 2007 crude oil sales averaged 11,333 bbl/d, which represents a 511 percent increase over the same period last year when sales were only1,855 bbl/d. 
Emerald Energy Plc has been awarded a new exploration & production contract in Colombia. The Jacaranda Contract, in which Emerald has a 100% working interest, covers an area of 235 sq. km and is located in foreland of the Llanos Basin, in Colombia, 130 km to the southwest of the Company’s Campo Rico operations. 
Petrobras and field partner Norse Energy declared Friday a stepping up of operations at the offshore Manati field, where one well, No. 3, has come onstream, it was announced Friday. 
Norway-based oil outfit Interoil E&P noted the impact of drilling costs before posting on Friday an $11.7 million fourth-quarter loss on revenues that slipped 1.2 million to $10.7 million. |
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Chaco Resources Plc, the oil and gas explorer and developer focused in South America announces that the spud date for the Cachapa £1 well on the Primavera block, Colombia, is now anticipated to be in the first half of March 2007. 
Plectrum together with its AIM listed joint venture partner, Gold Oil Plc (Gold), has been awarded an Exploration Licence covering Block Z-34, offshore Peru. 
Lukoil’s overseas operator, Lukoil Overseas, has struck oil at the Condor field, Columbia, where 100 million barrels are believed hidden, it was learned Thursday. 
Houston-based BPZ Energy, Inc., with properties in northwest Peru and southwest Ecuador, has begun testing the recently drilled CX11-21XD well in its Corvina gas field off the coast of Peru. |
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