Tecpetrol Divests Of Interest In Río Atuel Joint Venture

Instant Max AI

(Tecpetrol, 17.Aug.2017) — Tecpetrol S.A. entered into an agreement on August 16, 2017 for the sale of its interest in joint venture Río Atuel to Petrolera El Trébol S.A. for $1.75 million.

Tecpetrol was the operator and representative of the joint venture until September 26, 2017 (date on which the transaction became effective) and Petrolera El Trébol S.A. was appointed as the new joint venture’s operator effective as from the execution date, announced Tecpetrol in a financial statement on its website.

***

Previous post Open Season Fees, Delays Puzzle Mexico’s Investors
Next post The Caribbean Poised To Become Major Oil Region

Leave a Reply

Your email address will not be published.