Armstrong International LLC starts immediately with gas and oil exploration.

ORANJESTAD - Recently, the signing took place of the contract between the Aruban Petroleum Company (CAP) and Andicuri Oil & Gas Exploration VBA (AOGX), a local subsidiary of Armstrong International LLC ("AI"), for the exploration, development, and production of hydrocarbons in the maritime area of Aruba.

Armstrong Oil & Gas is very active in America, especially in Alaska, where they have had success finding oil in recent years. The company searched for the perfect location to find oil for about two years. They conducted research in Aruba and other sites in South America, and based on the results, Aruba gave them the best indication of finding gas and possibly oil.

The recent signing is crucial to start with Aruba in the gas and exploration oil. The first step is geophysical and geological work, with the hope that they can identify multiple drilling locations within the next 18 months.

So far, drilling for oil in four areas (locations) in Aruba's territorial waters had little success. According to Bill Armstrong, CEO of Armstrong International LLC, the company Repsol has made some attempts and found nothing, but the areas identified by Armstrong seem more promising.

 

Aruban Petroleum Company signs with Andicuri Oil & Gas Exploration VBA.