Focused on Peru


Large oil field with first production in June 2018

  • 3D seismic acquired in 2014
  • Five wells define structure and continuity of reservoir
  • 100% oil production with nominal gas
  • First production initiated in June 2018 on time and under budget
  • Capex of $18.5 million to first oil  – 25% under original budget

Development Plan in place

  • 2023 budget of $125 million with an average production target of 14,500 bopd in 2023
  • Infrastructure and export routes in place – established barging and pipeline route to tide-water market

Exploration upside on trend

  • 5 exploration prospects / leads on trend with Bretaña

Focused on Acquisition, Development and Exploration of Material Oil Assets in Peru