Latin America is the strategic focus area of Avante Petroleum.
The continent accounts for 10% of the world’s proven petroleum reserves. Yet, it lacks serious long term commitment from oil companies concerned for the region’s changing political climate and its effect on exploration and production policy. This situation creates opportunities for Avante Petroleum.
We continue to find ways to work within the political, legal and financial challenges to become a long term player in Latin America with a strategic objective of pursuing low risk projects falling below the radar screen of the majors and maximizing our core competency of producing reserves profitably.