Colombia seeks shale oil on former rebel-held lands

Colombia’s oil production has risen by about 40 percent from 2009 to 2011— making it the fastest-growing oil producer in Latin America.

Right now, the focus is on expanding unconventional exploration, but this means treading on territory that until very recently was dominated by rebel groups.

The security situation remains extremely complex, and will continue to dominate the potential investment climate.



Source: Energy Tribune