Government to spend $650 MM on exploration

The national government will invest over the next three years, $650 million for hydrocarbon exploration in the department of Chuquisaca. There are three exploratory wells: Sipotindi X1, Boycobo South X1 and Ñancahuazú X1, which belong to the Azero block. The wells of Ñancahuazú and Boyicobo have prospects of exceeding the trillion cubic feet (TCF), Sipotindi expects 0.33 TCF.

Source: Página Siete