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Ecopetrol, PRE ending STAR pilot project in Quifa

Wednesday, July 23rd, 2014 Category: Eye on Ecopetrol
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After a long awaited meeting of Ecopetrol’s (NYSE:EC) board of directors to discuss the use of Pacific Rubiales’s STAR secondary recovery technology, the companies issued a somber news release that says the pilot in Quifa will not continue. It would appear that the technology’s prospects are null for the Rubiales field, although neither are saying that yet.

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