Amerisur Resources PLC, Cardiff, UK, said Paraguay authorities have approved two of three licenses the company had applied for in the Piriti and Pilar basins in western Paraguay.
Amerisur Resources PLC, Cardiff, UK, said Paraguay authorities have approved two of three licenses the company had applied for in the Piriti and Pilar basins in west-central Paraguay.
Approved are the 2.4 million ha Las Palmas block and the 402,000 ha Coronillo block. The result of the third application, Espartillar covering more than 2.4 million ha, is expected to be known before the end of February 2012.
Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.
Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.
