Apco Oil and Gas International Inc. (APAGF) Completes First Phase of Drilling Program
Apco Oil and Gas International Inc. reported that it has completed the first phase of a two phase exploration program in South America. The company is involved in a farm in agreement at the Coiron Amargo project in the Neuquen Basin in Argentina. The Coiron Amargo concession totals 100,000 gross acres. Apco Oil and Gas International Inc. has now earned a 22.5% interest in the Coiron Amargo concession after completing the second exploration well here. The company has the option of increasing its share of the concession to 45% by drilling two additional exploration wells on the acreage. The company…