Nicaragua Pacific exploration agreements

Geoex and Statoil have signed oil exploration agreements with Nicaraguan state-owned fuel-distribution company DNP-Petronic. This agreement represents first step towards oil and gas exploration in the Nicaragua’s Pacific coast waters.

Full articles in English: Global Post, Fox News, Interfax Energy, OE Digital

Full articles in Spanish: Vicepresidencia, Revista Mercados & Tendencias

Read official Statoil annoucement here.