Panama confirms oil discovery in Darién
Wednesday, August 24, 2011

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Some 900 million barrels of crude have been detected in two basins in eastern Panama, the nation’s Energy ministry reported.\
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The ministry said the discovery was made by OTS, a Venezuelan company, in the province of Darién near the border with Colombia.\
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OTS is reported to have suggested four exploration blocks to be auctioned on each of the two basins.\
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Original source (in Spanish): Efe\
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