Apco Oil and Gas International Increases Presence in Colombia

Apco Oil and Gas International Inc. (Nasdaq: APAGF) announced that it has been awarded the Llanos 40 block in southwestern Colombia’s Llanos basin. The Llanos 40 block was part of the Colombian Open Bid Round 2010 held June 22, 2010.

The press release is quoted as saying:

Apco’s bid was submitted together with Ramshorn International Limited (“Ramshorn”), a subsidiary of Nabors Drilling. Apco will hold a 50 percent working interest in the block. Ramshorn will hold the remaining 50 percent and operate the Block.

Click here to access the entire press release