Parex will take over operatorship of the Boranda, Aguas Blancas and De Mares fields, for which a USD 150-million, 15-well campaign has been planned.
“We have been able to sign three contracts and incorporate a first-class partner in our activities in the Medio del Magdalena Valley [Middle Magdalena Valley],” Ecopetrol’s corporate vice-president of strategy and new business, Juan Manuel Rojas, said in a statement cited by Reuters.
The companies will each take 50% stakes in the fields.
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