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Ecuador's Petroamazonas will develop a new field in the country’s Amazon region with a proposed capacity of 23,000 barrels per day of “semi-heavy” crude.
The Pañacocha prospect is located in Sucumbios province near the Limoncocha and Eden-Yuturi fields, which also are being developed by Petroamazonas, a unit of state-owned Petroecuador.
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