Colombia has auctioned off 115 oil blocks in the "Ronda Colombia 2012," reported newspaper El Espectador on Thursday.

Colombia's minister for mining and energy Federico Renjifo said during the Colombian bidding round that 37 domestic and international companies have made bids for 49 areas, and are awaiting another auction that will allegedly take place in the coming days.

http://colombiareports.com/colombia-news/economy/26565-colombias-oil-fields-go-to-auction.html