Exploration of Frontier Geologic Provinces
Colombia, South America
Pioneer of Llanos Basin Exploration
- Awarded Five Association Contracts
- $70 million Capital Expenditure
- 2.5 Million Acres
- A non-producing basin in 1980, the Llanos produced over 100,000 barrels of oil per day by 1990 and over 500,000 barrels per day by year 2000
Joint Venture Partners
- Exxon
- Occidental Petroleum
- Elf Aquitaine
- Diamond Shamrock
- Tenneco