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Petro Andina to begin drilling in Trinidad

PORT SPAIN
Petroleumworldtt.com 01 31 2010

Petro Andina Ltd., a newcomer in Trinidad and Tobago's energy industry, plans to begin a drilling program, Country Manager Brian Lynam said on Wednesday.

"We have a number of leads and prospects on the blocks that we have. We are very excited about it," he said at an energy conference in Trinidad.

Petro Andina has three onshore blocks in Trinidad and four onshore blocks in Colombia.

"We've picked two countries that we think are in excellent position to make investments. I think it's an opportunity for us to invest and stay here," Lynam said.

He said the company is interested in seeking out oil over natural gas in Trinidad. He described the country as being an extension of major petroleum opportunities extending from neighboring Venezuela.

Story by Linda Huitchinson-Jafar from Reuters
Reuters January 27 2010

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