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Osage adds to Colombian brood

California-based Osage Exploration and Development has purchased a minority interest in a producing oil field in Colombia.

Osage did not reveal the full price it paid for the interest, but said it had placed a $100,000 deposit to secure the deal. The transaction is expected to close within 30 days.

The new field will yield roughly 115 barrels a day net to Osage’s interest.

The company said it is interested in all Colombian oil opportunities going foward.

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