Héctor Manosalva Rojas
Vice President of Development and Production
Ecopetrol
/
Insight

Data Room and the Assistance Given by CNH

Wed, 01/21/2015 - 13:26

Q: How would you assess the information contained in the Data Room and the assistance given by CNH?

A: These licensing rounds have been occurring under the agreed terms and timeframes, and although adjustments have been made, the industry has been getting what was promised since the start of this market-opening policy, which sends an essential message to the industry. There is important information available in the Data Room, which has been easy to access, interpret, and assess. The program is being followed in an organized, structured manner, and contains the elements that we expected to allow companies like ourselves to make properly informed decisions. There is always room for improvement, yet I believe all the requirements, formalities, and logistics that have been deployed match similar processes carried out anywhere else in the world.