“We are setting the stage for the second round and our tentative schedule envisages the opening of the offers in either April or May 2012,” Ancap manager for exploration and production Hector de Santa Ana said recently.
A consortium of Brazil’s Petrobras, YPF of Argentina and Portugal’s Galp Energia last year won a bid for oil and natural gas exploration rights covering two blocks in the new frontier Punta del Este sedimentary basin.
