Chile-Major gas exploration.

CHILE/ECUADOR.

NEW GAS EXPLORATION.

The government of Ecuador and the government of Chile, have announced a joint partnership, in a new company to explore for natural gas in the Guayaquil Gulf.

Current operations in the region in conjunction with Venezuela, are already yielding 70,000 barrels of oil per day.

Latin America is rapidly becoming like the Middle East, sitting on vast deposits of much needed natural resources