The RÃ­o Negro authorities are planning a licensing effort for the 82-sq km Puesto ZuÃ±iga block, deadline for applications (envelope opening) 29 Nov '19. The offer is the result of a Capex application for the block, who proposes 160 sq km of 3D seismic + a well to 3,800m. A requirement is that regional co. EDHIPSA hold a 10% interest in any resulting contract (3+3+25 year terms). The NeuquÃ©n block was held by Oil M&S until its July cancellation.
The RÃ­o Negro authorities are planning a licensing effort for the 82-sq km Puesto ZuÃ±iga block, deadline for applications (envelope opening) 29 Nov '19. The offer is the result of a Capex application for the block, who proposes 160 sq km of 3D seismic + a well to 3,800m. A requirement is that regional co. EDHIPSA hold a 10% interest in any resulting contract (3+3+25 year terms). The NeuquÃ©n block was held by Oil M&S until its July cancellation.