IAHL Corporation (IAHL)

[Gators12]

Acipet said the potential size of the resource would only be known following the execution of an evaluation plan and testing.
Earlier, president Gustavo Petro said the discovery proved Colombia no longer needed to sign new exploration contracts.
Since assuming office last August, Petro has kept a promise to stop issuing E&P licenses as part of broader efforts to accelerate the clean energy transition.
"The increase in reserves does not depend on the signing of new exploration contracts, which would work in the long term," Petro tweeted. "What works in the next decade is the efficient [progress] of existing exploration contracts," he added.