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The Colombian National Hydrocarbon Agency (ANH) Continues Roadshow 'Open Round Colombia 2010' in Houston

HOUSTON, Feb. 3 /PRNewswire/ -- The Colombian National Hydrocarbon Agency (ANH) announced today that Dr. Armando Zamora, Director of the ANH, will be visiting Houston with his team from Colombia on Feb. 9, 2010. The information session with Dr. Armando Zamora in Houston is the first stop in the United States on their 'Open Round Colombia 2010' global roadshow promoting foreign investment in Colombia's hydrocarbons sector.

ANH will be hosting an information session at the George Brown Convention Center to present the 225 blocks in 22 Colombian basins that are available in the bidding round. This is a private business event and not open to the public.

Colombia continues to play a crucial role in oil & gas discovery on a global scale. In 2008, nearly $3.5 billion was invested in the E&P sector in Colombia from foreign sources. In 2009, the foreign investment experienced an 11 percent increase, bringing total investment from foreign sources to $3.89 billion. The expectation is the number will continue to increase in 2010. Additionally, nearly 50 percent of the blocks that were explored in 2008 and 2009 yielded positive results.

Details and registration instructions for the information session in Houston are listed below.

ANH OPEN ROUND COLOMBIA PRESENTATION SESSION

    Date:          Tuesday, February 9, 2010, 9:00 a.m. to 5:30 p.m.

    Location:      George Brown Convention Center, 1001 Avenue of the
                   Americas, Houston, TX

    Presentation:  The presentation will include a short video followed
                   by a general overview of the Colombian hydrocarbon
                   potential and an explanation of the bidding
                   process.

    RSVP           Please contact:   aaron.delucia@porternovelli.com
                   Deadline for registration: Monday, February 8, 2010

For detailed in formation on the OPEN ROUND COLOMBIA 2010, please visit: http://www.rondacolombia2010.com/index_lang.php

ANH was created by the Colombian Government through Executive Order 1760 of June 26, 2003 as a Special Administrative Unit (UAE) reporting to the Ministry of Mines and Energy. ANH's responsibility is to manage Colombia's Oil & Gas resources in order to benefit Colombian citizens. The Agency represents the Colombian government and its citizens when designating exploration areas.

After Houston, the ANH is headed to Dallas, New York, London, Edinburgh, Madrid, Rio de Janeiro, Perth, Australia, Singapore, and Shanghai.

    Media Contact:  Andy Prince, Porter Novelli;
                    andy.prince@porternovelli.com; 512-241-2243

SOURCE Colombian National Hydrocarbon Agency