Altair Block News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Interoil signs farm-out agreements in Colombia and Argentina and announces small private placement
04 Mar 2021
Interoil Exploration and Production has announced two transactions which strengthen the company’s production growth outlook in both Colombia and Argentina.
In
SLS and Quantum Resources for the drilling of the remaining committed
exploratory well (Mazorca) in the Altair block. This agreement is subject to Interoil’s obtainment of the funding required to meet its obligations under the farm-out agreement.  The subscription of the small private placement announced herein constitutes a Company action aimed at securing such funding.
In
Velitec to invest in the
re-opening of 15 wells in the Mata Magallanes Oeste (MMO) oil field, including the reconditioning of the nearby dispatch battery at the ....

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