March 2012, Vol. 239 No. 3

Q&A

Latin American Approach to Oil And Gas Lacks Structure

Though unconventional plays are remaking the face of the North American oil and gas industry, we dare not overlook our neighbors to the south. Although activity in Latin America varies from country to country because of political situations, economics and resources, oil and gas development is the essential ingredient needed to improve the standard of living of their citizens – both in terms of the comforts they provide and the revenues they earn. Jose Valera is a partner in the Houston office of Mayer Brown’s Energy practice. He focuses his practice on domestic and international energy transactions, and has more than 25 years of legal experience representing oil, gas