March 23, 2012 RCNRadio.com reports that Glencore is being audited for alleged legal maneuvers to reduce royalties paid for the extraction of coal.
No doubt helped by a good dry season, stood at 4,060 as of the end of February 2012. If this rhythm is maintained, the country should finish at over 24,500 kilometers, 2% better than 2011 but still below the peak of 25,213 kilometers in 2010.
Colombia reached a new record for wells drilled in 2011 so it is no surprise that utilization was high in November when companies were in the final push to finish year-end goals.
March 13, 2012 From Estrella International Press Release “Buenos Aires, Argentina, February 23, 2012 – Estrella International Energy Services Ltd. (the “Company” or “Estrella”) (TSX-V: EEN),
March 13, 2012 Extracts from a Sintana Energy Inc. press release Sintana Energy Inc. has entered into a definitive agreement dated as of March 12, 2012, providing for a business combination of the two companies.
Cartagena, February 23, 2012 (GIS)). President Juan Manuel Santos announced that by resolution, the Ministry of Mines and Energy delineated Strategic Mining Areas in Colombia.
During the days 4,5,6 and 7 March 2012 , Canada’s Prospectors & Developers Association of Canada mining exhibition (PDAC 2012) will be held in Toronto.
MME, D.C. Bogotá, February 20, 2012. The Ministry of Mines and Energy will participate in the Prospectors and Developers Association of Canada (PDAC) Convention which will be held from 4 to 7 March 2012 in Toronto, Canada.
February 21, 2012 National newspaper El Tiempo reports the director of the National Hydrocarbons Agency (ANH), Orlando Cabrales saying that the organization determined that the National Development Plan target of 205 exploratory wells for 2012 was a little ‘heavy’.
Minister of Mines and Energy, Mauricio Cardenas, said the government’s goal is to increase its oil reserves to a minimum of ten years.
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