Suroco Energy Inc. is an oil and gas exploration company. The Company's principal assets and its focus of activity are in the Putumayo Basin in Colombia. It has focused on the identification and evaluation of opportunities for the acquisition of interests in oil and gas properties, assets or businesses, and once identified and evaluated, negotiating acquisitions. As of December 31, 2010, the Company had a 30% non-operated working interest in four oil and gas properties located in the Flat Lake area of Saskatchewan. It holds a 15.8% non-operating working interest in the Suroriente Block in the Putumayo Basin. It holds a 50% non-operating working interest in the Alea 1848A Block. It holds a 24.5% non-operated working interest in the Alea 1947C Block. On September 7, 2010, the Company announced the sale of its interest in the Arjona Block in Colombia. On November 8, 2010, the Company acquired San Antonio Block.