Keep digging.

Empresa Colombiana de Petroleos (Ecopetrol) is selecting the best deposits in Colombia Colombia (kəlŭm`bēə, Span. kōlōm`byä), officially Republic of Colombia, republic (2005 est. pop. 42,954,000), 439,735 sq mi (1,138,914 sq km), NW South America. Bogotá is the capital and largest city. to maximize its natural gas production. To that end, the state-owned state-owned adj → estatal, del estado

state-owned adj → étatisé(e)

state-owned state adj → oil company extended its Guajira contract in the northeastern region of the country with ChevronTexaco Petroleum Company, a Colombian subsidiary of the U.S. oil and gas company, in order to continue natural gas production activities beyond 2004. The two companies previously offered an extension of the Catalina Catalina may refer to:

In geography:

Catalina, Arizona
Catalina, Romania
Catalina, Dominican Republic, an island off the coast of the province of La Romana.

offshore gas development, but Colombla's Mining and Energy Ministry rejected the project, saying it would not boost production. Together, Ecopetrol and ChevronTexaco produce nearly 500 million cubic feet of gas per day--more than 80% of the natural gas consumed con·sume
v. con·sumed, con·sum·ing, con·sumes

v.tr.
1. To take in as food; eat or drink up. See Synonyms at eat.

2.
a. in Colombia.

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Title Annotation:	Panorama; ChevronTexaco Petroleum Company contract with Empresa Colombiana de Petroleos S.A.
Comment:	Keep digging.(Panorama)(ChevronTexaco Petroleum Company contract with Empresa Colombiana de Petroleos S.A.)
Publication:	Latin Trade
Article Type:	Brief Article
Geographic Code:	3COLO
Date:	Mar 1, 2004
Words:	112
Previous Article:	Grupo Herdez.(Mexico)(beer distribution contract)(Brief Article)
Next Article:	Petroleos Mexicanos (Pemex), Mexico's state-owned oil company.(Mexico)(contract)(Brief Article)
Topics:	Petroleum industry Contracts

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