Delavaco Energy Inc. (“Delavaco”) is a private oil &
gas exploration and production company headquartered in Calgary
and Toronto, with regional operations office in Bogota, Colombia.
Delavaco
has entered into private commercial agreements under which (and
subject to final government approval) it has acquired significant
positions in each of the Rio Magdalena Block (located in the Magdalena
basin) and the Carbonera Block (located in the Catatumbo basin).”
Delavaco’s
strategy is to explore and develop these assets while continuing
to evaluate acquisition opportunities in South America through:
Strong
and effective leadership
Opportunity
to dramatically expand land position
Large working interests and operatorship
Large prospects in proven basins
Solid E&P contracts
Growing production base