Gulf United Energy, Inc. (OTCBB:GLFE) reported that it has acquired 40% participation interest in Block SSJN-5 in northwest Colombia.
As quoted in the press release:
The partners are currently drilling the Cañaguate-1 well on the block, which was spudded late July 2012.
Gulf United Energy’s Chief Executive Officer, John Connally said:
We are very excited about both expanding our inventory of prospects in Colombia and continuing our partnership with SK.