Bolivia allows private firm to explore oil reserves

1 post / 0 new
#1 Fri, Jul 1, 2011 - 10:39am
New York, NY
Joined: Jun 14, 2011

Bolivia allows private firm to explore oil reserves

A private Bolivian company has gained permission for exploration in three oil reserves in eastern Bolivia, officials said.

Under a series of contracts inked Tuesday with state-run oil company Yacimientos Petroliferos Fiscales Bolivianos (YPFB), the private-hold Pluspetrol Bolivia Corporation would be able to conduct research activities in Florida, Taputa and Arenales reserves located in Bolivia's eastern province of Santa Cruz.

Edited by: SushiSioux on Nov 8, 2014 - 5:18am

Notice: If you do not see your new comment immediately, do not be alarmed. We are currently refreshing new comments approximately every 2 minutes to better manage performance while working on other issues. Thank you for your patience.