Denver, Colorado-based independent oil and gas producer Escalera Resources last week filed a petition in the U.S. Bankruptcy Court seeking relief from creditors under provisions of Chapter 11 of the United States Code. The Company believes the Chapter 11 process will provide the greatest flexibility to pursue viable options for asset sales … Read more
UK’s Amerisur Resources, a South America-focused oil and gas company, said this week its Ecuador-Colombia oil pipeline project, Oleoducto Binacional Amerisur (OBA), will be ready in December, Kallanish Energy understands. The 5,000-barrel interconnector will transport Amerisur’s crude from its onshore Platanillo operations in south Colombia, to Ecuador by year-end. Originally, the pipeline was slated to … Read more
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