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<strong>Dan</strong> <strong>Hughes</strong> biography-chapter 17_Layout 1 2/16/2016 11:47 AM Page 139<br />
SOUTH AMERICA AND<br />
COLOMBIA<br />
In 1996, with the oil business still in the doldrums, <strong>Dan</strong> decided<br />
to explore the oil possibilities in South America due to the success<br />
of the other foreign operations. An investment group was put<br />
together to finance the operation and the initial focus was on<br />
Bolivia. <strong>Dan</strong> Allen, Jr., was sent there, but after several months, was<br />
unable to find any drillable prospects.<br />
A study was made of other countries in South America and finally<br />
<strong>Dan</strong> and <strong>Dan</strong> Jr. settled upon Colombia as being the best area for oil<br />
exploration. Along with John Saunders and son, <strong>Dan</strong> Allen, he formed<br />
an operating company named Hupecol, derived from “<strong>Hughes</strong><br />
Petroleum Colombia”. When the company first entered Colombia, its<br />
consulting geophysicist, Redge Greenburg, worked all of the 2D<br />
seismic that was available in the Llanos Basin. Hupecol’s first venture<br />
was on a concession where a wildcat well was drilled looking for a sand<br />
truncating up on a basement plug. <strong>The</strong> well was a dry hole mainly due<br />
HUPECOL – Jaguar #1, Llanos Basin, CaraCara Contract, Colombia, 2008.<br />
139
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