THE PROMISE OF COLOMBIA: Government opens new acreage to oil and gas exploration

摘要

Foreign investors are looking with renewed interest at Colombia, where oil and gas reserves are already considered large but most of the territory-is still unexplored or under-explored. The Colombian government is willing to attract foreign investors and has opened 52,000 sq.mi. (135,000 km~2) of acreage to oil and gas exploration. The acreage is divided into 109 blocks spread across several regions - some of which are under-explored, such as Colombia's mountain ranges, jungles and Caribbean coastal areas.