PLUSPETROL NORTE S.A.

• Location North Jungle
• Contract Signed 20-may-94
• Area (ha) 182.348,20
• Type of Contract Exploitation
• Considered Investment 2007 (MMUS$) 48.50
• Contract License

PRODUCTION:
Oil (b/d) 17,272

ACTIVIVITIES:
The reentry-horizontal well CO 1015 HR was drilled on June 19th and July 14th. The drilling was completed on July 23rd giving a production of 549 bpd.

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PETROTECH PERUANA S.A.

• Location Northern Platform
• Contract Signed 16-nov-93
• Area (ha) 199.865,22
• Type of Contract Exploitation
• Considered Investment 2007 (MMUS$) 74.80
• Contract Operations

PRODUCTION
Oil (b/d) 10,167
Gas (MMPC/D)18.810

ACTIVIVITIES
The average production of the San Pedro wells on July was 2,616 b/d, 3.1% less than the previous month average. Continue the drilling of the development well SP1-8D, which goal is to reach the final depth of 7575' and produce oil from the paleozoic. At the end of the month was drilling 7366'. On july was acquired 83.5 km2 of 3D seismic from a programed total of 270.76 km2.

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SAPET DEVELOPMENT PERU INC.

• Location Northeast
• Contract Signed 01-may-00
• Area (ha) 34.501
• Type of Contract Exploitation
• Considered Investment 2007 (MMUS$) 2.80
• Contract License

PRODUCTION:
Oil (b/d) 2,904
Gas (MMPC/D)1.388

ACTIVIVITIES:
Continue the water injection on the Siete Vientos block 4820 field for evaluate results. Continue with the water injection on the Secondary Recovery works in the Malacas-Cobra field. Continue with the water injection on the Secondary Recovery works in the Siete Vientos block 6188-6144 field.

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PETROBRAS ENERGIA PERU S.A.

• Location Northeast
• Contract Signed 20-may-94
• Area (ha) 46.952
• Type of Contract Exploitation
• Considered Investment 2007 (MMUS$) 48.00
• Contract License

PRODUCTION:
Oil (b/d) 13,438
Gas (MMPC/D): 11.627

ACTIVIVITIES:
Law 28109 PMT
Third Stage (09/16/06 - 09/15/07) covers the reaconditioning of 66 wells, the rehabilitation of 36 wells and the extension of the water injection project. On July the contractor has drilled 7 wells. With these wells accumulates 175 drilled wells under the Law Nº 28109.

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AGUAYTIA

• Location Central Jungle
• Contract Signed 30-mar-94
• Area (ha) 16.630
• Type of Contract Exploitation
• Considered Investment 2007 (MMUS$) 0,50
• Contract License

PRODUCTION:
Oil (b/d)3,043
Gas (MMPC/D) 40.599

ACTIVIVITIES:
During July 2007 the wells of the Aguaytia field, as well as the Separation and Fractioning Plants and the pipeline system for recolection, re-injection and transportation operated normally.The wells production has an average of 69.99 MMPCD of natural gas, originated from the 2, 5 and 6 wells. Also, was reinjected a daily average of 24.37 MMPCD of dry gas in the 2 and 8 wells. The dry gas sales to the Aguaytia Thermoelectrial Plant were an average of 40.46 MMPCD and the gas consume of the Pucallpa Fractioning Plant was 0.14 MMPCD. The sales of dry gas stayed high because of the dry season and due the increment of the electrical demand.

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PLUSPETROL PERU CORPORATION S.A.

• Location: Ucayali Basin
• Contract Signed: 09-dic-00
• Area (ha): 143.500,00
• Type of Contract Exploitation
• Considered Investment 2007 (MMUS$): 49,90
• Contract: License

PRODUCTION

Barrels per day (b/d)36,578
Gas (MMPC/D) 218.018

ACTIVIVITIES:
On July 2007 was reached the normal conditions of operation of the Project, the Malvinas Gas Processing Plant - Camisea and in the Pisco Division Plant. The daily average production on field was 494.1 MMPCD of Natural Gas and the daily average reinjection on field was 228.5 MMPCD of Dry Gas. In the Malvinas Plant was recovered a daily average of 36,577 barrels per day of Gas Liquids. Was dispacthed through the Pipeline a daily average of 223.2 MMPCD of Dry Gas.

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• Location: -
• Contract Signed: -
• Area (ha): 172,976
• Type of Contract Exploitation
• Considered Investment 2007 (MMUS$): 39.90
• Contract: License

PRODUCTION

Oil (b/d) 4,610

Gas (MMPC/D)
Block I: 4.795
Block XIII 0.290

ACTIVIVITIES:
The production of this group of wells (9 in the Northeast and 2 in the Central Jungle) on July was 4,610 b/d less in 0 b/d (0%) comparing with the previous month.

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