Scandinavian Oil-Gas Magazine

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Global Energy Development signs farm-out agreement for Bolivar association contract area

Global Energy Development has signed a farm-out agreement (the "Agreement") with respect to its Bolivar

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Global Energy Development

Global Energy Development has signed a farm-out agreement (the "Agreement") with respect to its Bolivar association contract area (the "Contract Area"), in the Middle Magdalena Basin, with Everest.

The Agreement marks the successful conclusion of a previously announced extensive marketing process conducted by Jefferies International over the last 12 months in connection with the Bolivar association contract.

Tags: Global Energy Development