This information is available only to subscribers.
Start a free trial, to unlock the full potential of a subscription to BNamericas.
Already a subscriber? Please, login.

Coatí block

Project Stages

The development stages in the projects are displayed in the standard sequence for the industry. However, projects may be developed in a different sequence because of corporate decisions or events that push the owner to repeat stages. To access the full details of this project’s history please explore its milestones

Early Works
Current Stage: Exploration drilling
Start: 07/2013
Completion: 12/2017
In Construction
Project Details


The Coatí block is located in the Caguán-Putumayo basin and is operated by Platino Energy, a wholly owned subsidiary of Amerisur Plc. Amerisur currently holds a 60% working interest, while Canacol Energy owns the remaining 40% stake. C&C Energía, former operator of the block, drilled 3 wells: Temblon-1X, Temblon-1V and Chiguaco-1, all in the Caballos formation. The Caballos Formation is the main reservoir objective on the Coati block. Platino Enegy drilled the Coatí-1 well to a total depth of 10,800ft in June 2013. The Temblon/Coatí evaluation area in the southern part of the Coatí Block is currently in an evaluation program agreed with the ANH. The company agreed with the ANH on October 28, 2014 on the indefinite suspension of this program due to security issues, and consequently the Coatí-1 well remained shut-in during all of 2014. The rest of the Coatí Block is currently in an exploration phase. The third exploration phase involved a commitment to drill one exploration well by July 28, 2014. Platino requested an extension to this phase on May 23, 2014 due to a delay in receipt of the required environmental permits. On December 29, 2014, the ANH notified Platino that they were denying the Phase 3 extension request and would consequently initiate a process to resolve the interpreted noncompliance. Platino had previously notified the ANH that it has taken all necessary steps to obtain the required regulatory permits and that it disagrees with the approach taken by the ANH on this issue. Platino has subsequently continued to engage with the ANH to resolve the issue. Additionally, on December 30, 2014, and as a direct consequence of the Phase 3 extension rejection, the ANH notified Platino that it deemed that the corporation had entered into exploration phase 4 of the contract. Platino has directly rejected this interpretation and has been in talks with the ANH to resolve the matter. The existing environmental license in the Coati Block does not allow for any additional appraisal, development or exploration drilling in either of the two block areas, and is limited to production from the existing wellbores.

Only BNamericas Subscribers Can Access This Information.
Subscribe to BNamericas to gain better insight into project development and contract opportunities in Latin America.
  • Early-stage and under-development projects throughout the region
  • Project coverage focused on biggest investments in each country and sector
  • Project milestones highlighting planned and unplanned developments
  • Sales contacts within operators and contracted companies
  • Access to experienced research staff
  • Risk analysis of cost increases, scheduling conflicts and regulatory environment
Already a subscriber? Please, login

Milestones Log and News

Related Companies

Name Sector Country Relation
Locked content
Project Owners
Locked content
Locked content
Locked content
Locked content
Dear visitor, this table includes insights that is only available for subscribers

  • * Figures and dates are as per the latest publicly available information, as well as information gathered by BNamericas reporters and analysts and are subject to change.

  • * Changes to original budget estimates are shown as the total figure available and may include interest, working capital, inflation adjustments and other contingencies in addition to capital expenditure.

  • * Amounts and overall results are shown in US dollars unless otherwise stated.

  • * BNamericas does not guarantee the sequence, accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. There are no express or implied warranties. In no event shall BNamericas, its agents, directors, officers, employees, representatives, successors, and assigns be liable for any damages of any nature in connection with BNamericas content.

Key Specs

Full Name
Coatí block
Project Type
Exploration, Onshore, Upstream
Development Phase
Exploration drilling
Project Status
Project Capacity

The Coatí block is located in Colombia's Putumayo department.

* The map coordinates represent the approximate latitude and longitude, and not the exact location of the project.

Locked content
Owner / operator
Locked content
VP Business Development
Locked content
Locked content
VP Exploration
Locked content
VP Business Development
Locked content
VP, Business Development, Colombia
Dear visitor, this table includes insights that is only available for subscribers