The Colombian National Agency of Hydrocarbons (ANH) 'OPEN ROUND COLOMBIA 2010' Arrives in New York City

NEW YORK, Feb. 11 /PRNewswire/ -- The Colombian National Agency of Hydrocarbons (ANH) announced today that Dr. Armando Zamora, Director of the ANH, will be visiting New York City on Feb. 25 and 26 with his team from Colombia, as part of their global road show promoting foreign investment in Colombia's hydrocarbons sector and featuring an upcoming bidding round.

ANH will be hosting a road show on February 25 in New York City to present more than 225 blocks in 22 Colombian basins that are available in the bidding round.  Dr. Zamora will talk about investment, exploration and production opportunities for hydrocarbons in the country.  He will offer areas for Special TEAs, E&P and MiniRound in 2010.

Colombia continues to play a crucial role in oil & gas discovery on a global scale. In 2008, nearly $3.5 billion was invested in the E&P sector in Colombia from foreign sources. In 2009, the foreign investment experienced an 11 percent increase, bringing total investment from foreign sources to $3.89 billion. The expectation is the number will continue to increase in 2010.  Additionally, nearly 50 percent of the blocks that were explored in 2008 and 2009 yielded positive results.

Details and RSVP instructions for the event are listed below.  

For detailed information on the OPEN ROUND COLOMBIA 2010, please visit: http://www.rondacolombia2010.com/index_lang.php

ANH was created by the Colombian Government through Executive Order 1760 of June 26, 2003 as a Special Administrative Unit (UAE) reporting to the Ministry of Mines and Energy. ANH's responsibility is to manage the Colombia's Oil & Gas resources, in order to benefit Colombian citizens. The Agency represents the Colombian government and its citizens when designating exploration areas.

After New York City, the ANH is headed to London, Edinburgh, Madrid, Rio de Janeiro, Perth Australia, Singapore and Shanghai.

SOURCE Colombian National Agency of Hydrocarbons