Continental Resources signs Venezuela oil-development agreement
Continental Resources signed a memorandum of understanding with Venezuela’s PDVSA to operate and develop the Ayacucho 2 block in the Orinoco Belt. Production has not been reported to have begun, and final approvals are not indicated as complete.
By DoomRadar · Published on DoomRadar .
Why it matters
The agreement could affect Venezuela’s oil-sector activity and future crude supply, subject to implementation and regulatory constraints.
Related source links
These links were collected with this event. Recorded source dates may reflect when a link was found. Article publication dates are shown only when available from the source. Open the originals for their full context.
- Continental Resources Signs Memorandum of Understanding with Petróleos de Venezuela, S.A. (PDVSA) to Operate and Develop the Ayacucho 2 Block in Venezuela's Orinoco Belt ↗prnewswire.com · Recorded source date: Sep 16, 2026, 4:31 PM UTC
- Continental Resources Signs Memorandum of Understanding with Petróleos de Venezuela, S.A. (PDVSA) to Operate and Develop the Ayacucho 2 Block in Venezuela's Orinoco Belt ↗prnewswire.com · Recorded source date: Sep 16, 2026, 4:47 PM UTC
- Continental Resources to develop Venezuela's Orinoco Belt oil block ↗foxbusiness.com · Recorded source date: Sep 16, 2026, 5:31 PM UTC
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