RoMaNa (@RomanaV)

Petroecuador says billions of barrels of oil remain untapped Petroecuador says that “billions of barrels of oil remain underground” in Ecuador and is urging international oil companies to “explore the possibilities of future projects.” Petroecuador manager Sebastián Maag made the comment in promoting production opportunities in the Amazonian Sacha oil field at the Energy Cooperation Seminar between Korea and Ecuador in Quito. “In the Sacha fields alone, a new survey recently upgraded proven reserves from 350 million barrels to 640,” Maag said, adding that other surveys have recently raised estimates of reserves in other areas. “As we continue to explore existing oil fields and new ones, it is clear that billions of barrels remain to be exploited.” During the seminar, Maag said claims that Ecuador is running out of oil are untrue. “The more we explore, the more we are certain that oil will continue to flow for many years from this country,” he said. https://cuencahighlife.com/u-s-warns-tourists-about-manabi-and-santa-elena-provinces-petroecuador-says-billions-of-barrels-of-oil-remain-underground-wind-power-project-considered/