Canadian oil company Frontera Energy made the first oil find in Ecuador in six years, the country’s President Guillermo Lasso said late Jan. 19. Frontera’s well in the Perico field in the northeastern Amazon jungle Oriente Basin is producing 925 b/d oil equivalent, Lasso wrote via Twitter. “It’s great news for Ecuador and the result .
Calgary, Alberta (Newsfile Corp. - January 14, 2022) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus" or the "Corporation") is pleased to announce that further to its news release dated October 20
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Ecuador’s oil and gas industry is on track for a busy year of privatization and E&P contract overhauls in 2022 as President Guillermo Lasso seeks to open up the heavily indebted Andean country to foreign investment. Lasso’s new center-right government, which has set out to reform Ecuador’s Hydrocarbons Law, aims to sell off all of .