Colombia

By OGJ editors
HOUSTON, July 8 – Colombia awarded Alange Energy Corp., Toronto, three more exploratory blocks that total 217,418 ha in the Magdalena basin.

The VNM 35 block covers 7,704 ha in Middle Magdalena near Nare and Las Quinchas oil fields. The block’s main reservoirs are Tertiary sandstones sourced by the La Luna formation in potential structures with oil higher than 15° gravity. The 36-month first exploration phase calls for seismic and one exploratory well.

The VSM 12 block covers 56,730 ha near San Francisco, largest oil field in Upper Magdalena. The block’s main reservoirs are Caballos sandstones sourced by the Villeta formation, with 25° gravity oil or lighter. The 36-month initial phase calls for seismic and drilling one exploratory well.

The VSM 13 block, also in Upper Magdalena near Tello, Rio Ceibas, Pijao, Dina, and Tenay oil fields, covers 58,693 ha. It has potential for oil of 25° gravity or lighter in Caballos and Monserrat sandstones sourced by Villeta. The first 36-month period requires seismic and drilling one exploratory well.

Alange Energy in June was awarded the LLA 41 and COR 33 blocks in the Llanos and Cordillera basins, respectively.