Amerisur Resources and new partner Occidental Petroleum (Oxy) are set to start a multi-well drilling campaign onshore Colombia as early as the first quarter next year after agreeing a farm-in deal worth $93.2 million.
US independent Oxy is fronting the cash for drilling and the majority of investments for new 2D seismic after agreeing to take half of Amerisur’s 100% interest in four blocks — Putumayo-9, Terecay, Tacacho and Mecaya — in south-west Colombia’s Putumayo basin.
