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Petrolifera fights for Salinas Grande I



By Upstream staff 

Canadian explorer Petrolifera Petroleum said today it will fight an Argentine tribunal's decision revoking its provisional award of the Salinas Grande I Block, in La Pampa province, Argentina.

Petrolifera was told it had provisionally won the block in August.

However, the province's Tribunal Cuentas decided to revole the provisional award because of "administrative deficiencies" in Petrolifera's application.

Petrolifera said today it believes it complied with all the terms and conditions of the bidding procedure and will appeal the tribunal's decision.


Wednesday, 25 October, 2006, 14:06 GMT  | last updated: Wednesday, 25 October, 2006, 14:06 GMT

Lost chance? Petrolifera will fight for the Salinas grande I Block, it said today
 

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