|Working Interest||100% during the exploration contract period|
|End 2023 (renewable)|
convertible on request into a 25 year production concession
The Angostura exploration area, that covers 384 km², lays directly to the west of and is interconnected via gas pipeline to President’s Las Bases field. Gas is currently being produced from three wells and oil from two wells. There is a small treatment facility for the gas, which is then transported via pipeline to the Las Bases gas plant and thereafter on though President’s regional pipeline direct to off takers. Oil production is shipped via truck to President’s own Puesto Prado oil treatment plant for processing.
The field has a gas connection via pipeline to Las Bases