On 24 January 2019, Nautilus Marine Services, formerly Global Energy Development, announced it continues efforts to divest the Bolivar and Bocachico blocks located in the Middle Magdalena Basin. The sale of these non-strategic assets will eliminate annual operating costs and any future abandonment obligations. Nautilus was assessing divestment and partnership opportunities during 2018 and evaluations continue until an acceptable deal is secured.Â  The company name change to Nautilus was effective 8 February 2017.
Colombia, Bocachico