Ecuador Oil & Gas Report Q1 2014 - New Report Available
Ecuador's oil production is on track to make some near-term gains as output rises and enhanced oil recovery projects take shape. Moreover, while in the short term we anticipate only modest growth potential given above-ground challenges, the news that the government has opened blocks in the Amazon for drilling suggests upside risk to our pessimistic longer term forecasts. Meanwhile, our current projection for gas assumes that with the arrival of a rig and planned investment at Block 6, output will...
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