Ecuador has opened a new licensing round, placing eight onshore tracts available for bidding in the northeastern province of Sucumbios. The blocks on offer in the Intracampos Licensing Round are Araza Este, Changue, Iguana, Perico, Espejo, Panayacu Norte, Charapa and Sahino.In an effort to draw additional interest from private companies, Ecuador will sign production sharing contracts with qualified companies, a revised regulatory scheme that replaces the contract agreements used in previous licensing rounds. Under......
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