I am not sure if there is any truth in this.
This is from proactive investor forum in London.
The alleged partner is Petro Caribbean Resources, based in Bogota, Colombia. E-mail:
www.caribbeanresources.net
. Andrew P Kitts is the CEO tel: 0057 (1) 3152651250. I understand Kitts used to work in the industry in Australia at one time. PCR hold exploration licences for 2 blocks in the Puntamayo Basin, which is located towards the border with Ecuador. I understand that Ecopetrol, the Colombian State Oil Company, is investing quite a bit of money in the region. I also understand that Puntamayo in general is considered a mix of low cost, low risk and higher cost high reward plays. Colombia is apparently about to become a 1 million barrel a day oil producer.
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