Page 14 - LatAmOil Week 46 2021
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LatAmOil                                     NEWS IN BRIEF                                          LatAmOil








                                                                                the ANH requests for extensions of the terms to
                                                                                perform exploration activities in both Altair and
                                                                                LLA-47 blocks.
                                                                                  The Company requests is based on the
                                                                                adverse effect on the progress in exploration
                                                                                activities resulting from the conjoining effect of
                                                                                social unrest, national strikes, and adverse con-
                                                                                ditions and restrictions imposed for the ongo-
                                                                                ing serious impact of the COVID-19 pandemic
                                                                                in the area and the communities located in the
                                                                                vicinities of the blocks which have prevented
                                                                                advance on the socialisation of the project
                                                                                activities. The ANH response to the Company
                                                                                requests is pending.
                                                                                Interoil, November 16 2021


                                                                                INVESTMENT
                                                                                ANP qualifies Petrobras and

                                                                                Shell for the Second Round
       The Company requests is based on the adverse  shortly.
       effect on the progress in exploration activities   On November 1, Perenco notified a heavy   of the Transfer of Rights
       resulting from the conjoining effect of social  crumbling on a route section (Aguazul-Soga-
       unrest, national strikes, and adverse conditions  moso) due to heavy rains in the last weeks forc-  The National Agency of Petroleum, Natural Gas
       and restrictions imposed for the ongoing serious  ing a temporarily shutdown of oil export system.  and Biofuels (ANP) has published the names of
       impact of the COVID-19 pandemic in the area  Export operation will resume once civil works  two more companies qualified for the Second
       and the communities located in the vicinities of  finish route repairing and normal pumping  Round of Bidding for Excess Volumes of the
       the blocks which have prevented advance on the  operation is restored.   Transfer of Rights: Petrobras and Shell Brasil
       socialisation of the project activities. The ANH   Field operations and production continue at  Petróleo were both approved at a meeting of
       response to the Company requests is pending.  a reasonable level despite the logistics challenges  the Special Tender Commission (CEL). There
         Subsequent events and current plans: On  related to the COVID-19 restriction in Colom-  are ten companies eligible for bidding so far, as
       October 15, a tower unit was mobilised to Puli C  bia and lockdown imposed by the Argentinean  Chevron Brasil Óleo e Gás, Ecopetrol Óleo e Gás
       fields to repair and/or replace downhole produc-  authorities.           do Brasil, Enauta Energia, Equinor Brasil Ener-
       tion equipment in some producing wells aimed   Gross production in Q3-2021 decreased  gia, ExxonMobil Exploration Brasil, Petrogal
       at recovering oil and gas production.  from the production registered in Q2-2021  Brasil, Petronas Petróleo Brasil and TotalEn-
         On October 25, 11 Puli C workers (out of  mainly due to a combination of weather condi-  ergies EP Brasil had already been approved on
       twenty-three affected to the operation) unilater-  tions that affected road transportation, national  November 3.
       ally decided to strike and to block the entrance  strikes and social unrest in Colombia that led   Scheduled for December 17, the Second
       to the Mana Treatment Facilities with legal  to road blockages causing the suspension of the  Round of the Transfer of Rights will offer the
       collaboration from the Colombian Oil Union  oil transportation, especially from the Vikingo  areas of Sepia and Atapu, both inserted within
       Organisation (Union Sindical Obrera or USO)  operation.                  the limits of the pre-salt polygon. CNPE Reso-
       requesting additional benefits and compensa-  Interoil’s EBITDA in Q3-2021 continues  lution No. 09/2021 established that the Public
       tion to Puli C workers. Since then and regardless  with the same positive tendency registered in  Notice for the Second Round of Tenders for
       all the legal actions taken by Interoil, operational  the immediately preceding quarter in terms of  Excess Volumes of the Transfer of Rights under
       management staff has been immediately mobi-  improvement.                the production sharing regime would indicate
       lised to Puli C Facilities to, firstly, grant safety   In Argentina, the workover operations at the  the mandatory participation of Petrobras, as
       and integrity to the operation, to the environ-  MMO-15 continues to be suspended due to the  operator, occurring with 30% for both areas.
       ment and to the surrounded communities, and,  COVID-19 lockdown imposed by the Argentin-  Other requests may be analyzed at the next
       in addition, to secure a direct and friendly con-  ian authorities prohibiting critical field experts  CEL meetings. The companies registered com-
       versation with the Union and workers illegally  from arriving in the country and downhole  plied with all the requirements set out in the
       blocking the entrance aiming to find a suitable  equipment from mobilising to the well site.  notice and are able to participate in the round.
       solution to their request. On November 4, the   In Colombia, Interoil continues to seek the  Qualification is mandatory and individual for
       workers agree to end the strike and the blockage  authorities´ required approval before spudding  each interested party, even for those who intend
       and to continue negotiations with the Company.  a well in Altair and LLA-47 blocks. In addi-  to present an offer through a consortium. Once
       Regardless the blockage situation at the entrance  tion, the ANH issued in July 2021 a resolution  the requirements established in the notice have
       in Mana treatment facilities, field operation and  (Agreement 005) granting companies the right  been complied with, and the qualification having
       wells production have been normally flowing  to request extensions of the terms of exploration  been judged and approved by the Special Tender
       where oil commercial has been stored in Mana’s  programmes adversely affected by blockages,  Committee, companies may submit bids for the
       main storage facilities. As a result of the end  national strikes, the effects of the COVID-19  areas, in accordance with the rules of the round.
       of the blockage, oil sales dispatch may resume  pandemic and the like. Interoil has filed with   ANP, November 10 2021



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