La Cortez Energy Inc. is an exploration and production company focused on the development of oil and gas resources in Colombia. The company has established its headquarters in Bogota, Colombia, and has an interest in two joint venture agreements, including:
- a 20% participation right in the Maranta block located in the prolific Putumayo Basin in Southwestern Colombia.
- a 100% interest in Avante Colombia. Avante Colombia currently has 50% participation interest in, and is the operator of, the Rio de Oro and Puerto Barco production contracts with Ecopetrol S.A. in the Catatumbo Basin in northeastern Colombia.
The Company's joint venture agreements have been signed with experienced, established producers in Colombia, including Sinochem (Emerald Energy PLC -Sucursal Colombia) and Vetra Exploracion y Produccion Colombia, S.A.
The company holds an interest in four producing wells in Maranta Block.