South Korea's state-owned Korea National Oil Corp(KNOC)is gearing up to explore the CPE 7 oil field in Colombia in partnership with Argentina's Pluspetrol and China National Petroleum Corp(CNPC),said the Korean player.CPE 7 lies in Llanos,eastern Colombia,which has about 130 oil fields in production,KNOC said.The area produces 340,000 b/d of heavy crude,which is around 70% of Colombia's total oil output.
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