(ANH Colombia, 30.May.2019) — After having been validated by the firm ‘Gestión y Auditoría Especializada S.A.S., independent auditor, the National Hydrocarbons Agency of Colombia published the final list of investors that are enabled to compete for the 20 areas for exploration and production of hydrocarbons. These areas were released on February 21st during the launching of the Permanent Process of Area Allocation (PPAA), for the first stage of 2019.
Among the qualified companies are operators of recognized trajectory in Colombia and in the world, and the presence of two new players who venture into the local market, with headquarters in the United States, stands out. These are the companies Noble Energy and Hunt Overseas, companies that have expressed their interest in entering the national market thanks to the investment opportunities offered by the government of President Iván Duque.
The audit study evaluated five aspects of the interested parties, for purposes of shaping the final eligible list. The areas of study were: legal, financial, technical, environmental and social responsibility.
Once this stage has been completed, the selected companies will be able to participate in bidding for the 20 areas that were initially offered. This process will begin next Tuesday, June 4, when the Proposal Deposit Hearing is held.
The 20 areas of conventional deposits postulated by the ANH for the first stage of 2019 correspond to an area of 1,418,000 hectares, 18 of which are located in the continental zone and two in the offshore zone.
***