The development stages:Exploration drilling/2016-09.The Andaquíes block, which covers an area of 46,489ha, has low work commitments of one exploration well by May 2017. The block has multiple proven reservoir targets, six mapped leads targeting both proven and novel plays and unrisked resources of 66Mb of oil prospects, both proven and unproven, and sits to the northeast of a proven structural play within the Putumayo basin. The block's exploration environmental license has been granted. The block was originally awarded to C&C Energía in the 2010 Colombian Round, launched by the country's national hydrocarbons agency (ANH). In 2011, C&C Energía entered a joint operating agreement with Canacol Energy to explore the block. The following year, Pacific Rubiales Energy acquired C&C Energía and created a new exploration company, Platino Energy Corp., to own and operate C&C Energía's 64% interest in the Andaquíes block. In 2013, Platino Energy acquired Canacol's 36% interest in the block. In 2016, Amerisur Resources acquired a 100% stake in the block from Platino Energy.