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NEGOTIATIONS & CONTRACTS
To August 2007
 A. CONTRACTS SUBSCRIBED IN 2007:
B. APPROVED BY SUPREME DECREE:
C. CONTRACTS APPROVED BY PERUPETRO’S BOARD OF DIRECTORS AND AWAITING APPROVAL BY SUPREME DECREE
D. CONTRACTS UNDER NEGOTIATION
E. CONTRACTS SUBSCRIBED IN 2006
F. CONTRACTS SUBSCRIBED IN 2005
G. CONTRACTS SUBSCRIBED IN 2004
H. CONTRACTS SUBSCRIBED IN 2003
I. CONTRACTS SUBSCRIBED IN 2002
CONTRACTS SUMMARY
A. CONTRACTS SUBSCRIBED IN 2007:
B. APPROVED BY SUPREME DECREE
C. CONTRACTS APPROVED BY PERUPETRO’S BOARD OF DIRECTORS AND AWAITING APPROVAL BY SUPREME DECREE
D. CONTRACTS UNDER NEGOTIATION
E. CONTRACTS SUBSCRIBED IN 2006
F. CONTRACTS SUBSCRIBED IN 2005
G. CONTRACTS SUBSCRIBED IN 2004
H. CONTRACTS SUBSCRIBED IN 2003
I. CONTRACTS SUBSCRIBED IN 2002
AGREEMENTS SUMMARY
A. TECHNICAL EVALUATION AGREEMENTS (CET):
B. EVALUATION AGREEMENTS FOR PROMOTION (CEP)
NEGOTIATIONS & CONTRACTS
A. CONTRACTS SUBSCRIBED IN 2007
BLOCK 127 – MARAÑON BASIN - LOON ENERGY, INC
Approved by the Board of Directors: March 29, 2007.
Supreme Decree issued: July 13, 2007.
Contract subscribed: August 21, 2007.
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
24 months |
450 UTE or to acquire, process and interpret 390 km. of 2D seismic lines, reprocess of 2D seismic lines and technical research |
Second |
18 months |
450 UTE or drilling a wildcat. |
Third |
12 months |
300 UTE or to acquire, process and interpret 300 km. of 2D seismic lines. |
Fourth |
18 months |
510 UTE or drilling a wildcat. |
Fifth |
24 months |
450 UTE or drilling a wildcat. |
BLOCK XXIV – SECHURA BASIN: EAST CAMERON PARTNERS LP., ENDEVCO EUREKA LLC. AND UPLAND OIL & GAS ENERGY LLC.
Approved by the Board of Directors: March 29, 2007.
Supreme Decree issued: June 30, 2007
Contract subscribed: July 23, 2007.
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
18 months |
117.50 UTE |
Second |
18 months |
237.50 UTE |
Third |
24 months |
380 UTE |
Fourth |
24 months |
380 UTE |
BLOCK 129 – MARAÑON BASIN - BURLINGTON RESOURCES PERU LIMITED, SUCURSAL PERUANA
Approved by the Board of Directors: February 28, 2007
Supreme Decree issued: April 24, 2007
Contract subscribed: May 24, 2007.
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
18 months |
60 UTE or 1,500 km of Aerogravimetric and Magnetometric of High Fidelity. |
Second |
24 months |
300 UTE or register 300 km. of 2D seismic lines |
Third |
15 months |
240 UTE or drilling a wildcat |
Fourth |
15 months |
240 UTE or drilling a wildcat |
Fifth |
12 months |
240 UTE or drilling a wildcat |
BLOCK Z-38 – PROGRESO BASIN – TUMBES PROGRESO BASIN - VIETNAM AMERICAN EXPLORATION COMPANY, INC. (VAMEX)
Approved by the Board of Directors: January 19, 2007.
Supreme Decree issued: March 02, 2007.
Contract subscribed: April 12, 2007
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
18 months |
460 UTE or the following:
- To acquire, process and interpret 2,000 km. of 2D seismic lines and,
- To acquire, process and interpret 1,000 km. of magnetic data and,
- To acquire, process and interpret 1,000 km. of gravimetric data and,
d) To reprocess and interpret 1,000 km. of 2D seismic lines. |
Second |
18 months |
730 UTE or the following:
a) To acquire, process and interpret 670 square km. of 3D seismic lines, or to drill a wildcat at a depth of 4,160 mts., and,
- To reprocess and interpret 1,000 km. of 2D seismic lines and,
- To acquire, process and interpret 1,000 km. of magnetic data and,
d) To acquire, process and interpret 1,000 km. of gravimetric data. |
Third |
24 months |
1,120 UTE or the following:
- To drill a wildcat at a depth of 4,160 mts. and,
- To acquire, process and interpret 450 square km. of 3D seismic lines, or to drill a wildcat at a depth of 3,180 mts.
|
Fourth |
24 months |
860 UTE or the following:
a) To drill a wildcat at a depth of 3,180 mts. and,
b) To drill a wildcat at a depth of 3,000 mts. |
BLOCK Z-34 - TALARA BASIN - GOLD OIL PERU S.A.C.
Approved by the Board of Directors: December 05, 2006.
Supreme Decree issued: February 09, 2007.
Contract subscribed: March 08, 2007
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
18 months |
400 UTE or to acquire, process and interpret 2,000 km. of 2D seismic lines. |
Second |
12 months |
400 UTE or to acquire, process and interpret 320 sq. km. of 3D seismic lines using CSEM technology and to elaborate an integral geophysical and geological report of the area. |
Third |
12 months |
720 UTE or drilling a wildcat. |
Fourth |
18 months |
740 UTE or drilling a wildcat. |
Fifth |
24 months |
470 UTE or drilling a wildcat. |
B. APPROVED BY SUPREME DECREE:
BLOCK 126 – UCAYALI BASIN – TRUE ENERGY INC. & NORTH AMERICAN VANADIUM INC.
Approved by the Board of Directors: April 13, 2007
Supreme Decree issued: July 19, 2007.
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
12 months |
40 UTE or to reprocess and interpret 1,000 km. of 2D seismic lines and integral geological study. |
Second |
24 months |
500 UTE or drilling two wildcats or two appraisal wells. One vertical well will reach a depth of 2,400 mts. The other will be a horizontal well with a vertical depth of 1,500 mts. and a horizontal portion of 300 mts. |
Third |
24 months |
250 UTE or drilling a wildcat. |
Fourth |
24 months |
250 UTE or drilling a wildcat. |
C. BLOCKS APPROVED BY PERUPETRO'S BOARD OF DIRECTORS AND EXPECTING APPROVAL BY SUPREME DECREE
None
D. BLOCKS UNDER NEGOTIATION
2007 BIDDING ROUND
XXII |
BPZ |
20.03.06 |
XXV |
Vetra Energy Group LLC |
17.07.07 |
Z-46 |
SK Corporation, Sucursal Peruana |
17.07.07 |
Z-47 |
Petrovietman Exploration Production Corporation |
17.07.07 |
Z-49 |
Petr-tech Peruna S.A. |
17.07.07 |
130 |
Samaraneftegaz S.A.A. |
17.07.07 |
131 |
Pan Andean Resources PLC |
17.07.07 |
134 |
Talisman Peru Ltda, Sucursal Peruana / ECOPETROL S.A. |
17.07.07 |
135 |
Pacific Stratus Energy Ltd. |
17.07.07 |
137 |
Pacific Stratus Energy Ltd. |
17.07.07 |
138 |
Pacific Stratus Energy Ltd. |
17.07.07 |
141 |
Pan Andean Resources PLC |
17.07.07 |
143 |
Hunt Oil Company (Block 76) of Perú LLC, Sucursal del Perú |
17.07.07 |
142 |
OCCIDENTAL OIL & AND GAS OF PERU, Sucursal del Perú |
20.07.07 |
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SECOND 2006 BIDDING ROUND
BLOCK XXIII - TALARA BASIN: BPZ ENERGY, INC.
Ander evaluation .
E. CONTRACTS SUBSCRIBED IN 2006
BLOCK XX – TUMBES BASIN – PETROLERA MONTERRICO S.A.
Approved by the Board of Directors: October 12, 2005.
Supreme Decree issued: January 04, 2006.
Subscribed: January 19, 2006
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
18 months |
Integral evaluation of the contract area. Rehabilitating 10 wells. Reconditioning 2 wells. |
Second |
12 months |
Rehabilitating 6 wells. Drilling 2 wells: 1 in the Zorritos field until reaching the Heath formation or 500 mts. and 1 well in the Carpitas field until reaching the Verdun Formation or 600 mts, whichever occur first. |
Third |
From the end of the 2nd Period to the end of contract term. |
Exploitation Phase. A yearly program will be submitted for PERUPETRO’s approval. |
| BLOCK COORDINATES – DATUM: PSAD 56 |
|
GEOGRAPHIC |
PLANE U.T.M. |
Point |
South Latitude |
West Longitude |
North Mts |
East Mts |
Est.Tumbes
(PR) |
03°32’59”322 |
80°25’45”757 |
9'607,610.298 |
563,378.600 |
Est. H-1Los
Organos(PR) |
04°10’17”247 |
81°07’33”211 |
9'538,914.280 |
486,027.673 |
1 |
03°39’17”058 |
80°38’52”712 |
9'596,024.039 |
539,094.149 |
2 PP |
03°40’15”796 |
80°38’11”979 |
9'594,220.000 |
540,350.000 |
3 |
03°42’06”581 |
80°40’32”951 |
9'590,820.000 |
536,000.000 |
4 |
03°40’22”559 |
80°41’44”986 |
9'594,014.789 |
533,779.000 |
5 |
03°40’48”605 |
80°38’38”408 |
9'593,212.899 |
539,534.319 |
6 |
03°40’48”590 |
80°37’59”508 |
9'593,212.899 |
540,734.319 |
7 PP |
03°41’30”928 |
80°37’59”490 |
9'591,912.899 |
540,734.319 |
8 |
03°41’30”944 |
80°38’38”391 |
9'591,912.899 |
539,534.319 |
9 |
03°59’19”868 |
80°59’23”927 |
9'559,100.000 |
501,112.378 |
10 |
03°59’19”854 |
80°55’09”760 |
9'559,100.000 |
508,950.000 |
11 |
04°02’02”696 |
80°55’09”744 |
9'554,100.000 |
508,950.000 |
12 PP |
04°02’02”710 |
80°00’27”420 |
9'554,100.000 |
499,154.508 |
Extension ( by area)
Zorritos Area.............. 1,764.179 ha
Cope Area.................. 156.000 ha
Carpitas Area............ 4,435.768 ha
Total = 6,355.947 ha
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BLOCK 76 – MADRE DE DIOS BASIN - HUNT OIL COMPANY OF PERU L.L.C.
Approved by the Board of Directors: June 30, 2005.
Supreme Decree issued: October 6, 2005.
Subscribed: May 02, 2006
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
30months |
20 UTE or Geological and geophysical evaluation which would include the following:
- Access to geological data – wells, maps, reports and determine the need for additional geological data acquisition.
- Acquisition and interpretation of Remote Sensing (satellite images and aerophotography).
- Geologic field trip to sample and collect Reservoir and Source rocks. Stratigraphic evaluation and structural configuration.
- Lab analysis and reports on Reservoir and Source rocks.
- Reprocessing, modeling and interpretation of existing potential fields (gravimetry and megnetometry)
- Regional facies analysis, source rock distribution and structural development.
- Access and review 2D seismic data. Reprocess as required.
- Block time and depth structural mapping, including leads and prospects.
- Palinspastic reconstruction, focusing on the reservoir paleostrructural burial, structure/trap development, source rock burial history and migration.
- Basin gheochemical modeling
- Petrophysical evaluation of potential reservoir and seal units to determine reservoir quality and seal capacity.
|
Second |
24 months |
350 UTE |
Third |
30 months |
520 UTE |
| BLOCK COORDINATES – DATUM: PSAD 56 |
| |
GEOGRAPHYC |
PLANE UTM |
| Point |
South Latitude |
West Longitude |
North Mts. |
East Mts. |
Est. Pto. Maldonado (PR) |
12°35’37”873 |
69°10’37”512 |
8’607,755.218 |
480,764.941 |
54 (PP) |
12°41’42”781 |
69°30’07”000 |
8’596,500.000 |
445,500.000 |
55 |
12°43’36”812 |
69°39’56”415 |
8'592,957.178 |
427,731.245 |
76 |
12°50’59”064 |
69°48’58”317 |
8'579,324.124 |
411,431.034 |
74 |
12°50’36”290 |
70°05’01”681 |
8'579,916.711 |
382,386.893 |
77 |
12°54’23”007 |
70°22’05”248 |
8’572,803.711 |
351,564.573 |
95 |
13°08’02”037 |
70°24’37”357 |
8'547,612.334 |
347,119.155 |
103 |
13°16’18”030 |
70°11’12”756 |
8'532,497.637 |
371,421.484 |
111 |
13°26’16”643 |
70°09’07”576 |
8'514,122.778 |
375,274.365 |
113 |
13°32’43”348 |
70°05’52”256 |
8'502,268.040 |
381,201.808 |
114 |
13°34’13”993 |
70°07’55”794 |
8'499,465.987 |
377,500.944 |
66 |
12°51’36”150 |
71°30’47”678 |
8'576,993.014 |
227,218.208 |
28 |
12°32’08”834 |
71°25’07”313 |
8'612,978.211 |
237,152.445 |
27 |
12°31’02”606 |
71°16’38”245 |
8'615,150.872 |
252,509.736 |
5 |
12°19’20”380 |
70°56’38”472 |
8'637,022.232 |
288,584.937 |
1 |
12°11’22”561 |
70°49’08”902 |
8'651,801.486 |
302,071.188 |
Extension: 14,593 Sq. Km., 3’606,076 acres.
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BLOCK 118 – UCAYALI BASIN - AMERADA HESS
Approved by the Board of Directors: December 15, 2005.
Supreme Decree issued: March 22, 2006.
Subscribed: May 04, 2006
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
18 months |
40 UTE: Reprocessing 1000 km. 2D seismic lines and a Geological Integral Study. |
Second |
18 months |
200 UTE or to acquire 200 km of 2D seismic lines. |
Third |
18 months |
240 UTE or drilling a wild cat. |
Fourth |
15 months |
320 UTE or drilling a wild cat. |
Fifth |
15 months |
250 UTE or drilling a wild cat. |
BLOCK COORDINATES – DATUM: PSAD 56 |
|
GEOGRAPHIC
|
PLANE U.T.M. |
Point |
South Latitude |
West Longitude |
North Mts |
East Mts |
Est. Tarapoto (PR) |
06°30’34”672 |
76°23’05”459 |
9'280,241.367 |
346,867.146 |
43 (PP) |
06°25’25”822 |
75°54’13”895 |
9’289,846.865 |
400,042.297 |
35 |
06°19’43”544 |
75°54’13”296 |
9’300,358.492 |
400,042.297 |
1 |
05°55’40”473 |
76°17’25”671 |
9’344,591.100 |
357,148.864 |
5 |
05°55’44”932 |
75°32’29”104 |
9’344,591.100 |
440,070.670 |
20 |
06°11’33”347 |
75°32’30”049 |
9’315,467.230 |
440,070.670 |
24 |
06°11’34”279 |
74°51’49”606 |
9’315,467.230 |
515,070.670 |
80 |
07°00’02”135 |
74°51’48”811 |
9’226,174.810 |
515,070.670 |
77 |
07°00’01”800 |
75°19’33”319 |
9’226,174.810 |
464,000.000 |
72 |
06°52’04”009 |
75°19’32”991 |
9’240,846.868 |
464,000.000 |
Extension = 988,023.237 ha
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BLOCK 119 – UCAYALI BASIN – AMERADA HESS
Approved by the Board of Directors: December 15, 2005.
Supreme Decree issued: March 22, 2006.
Subscribed: May 04, 2006
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
18 months |
40 UTE: Reprocessing 1000 km. 2D seismic lines and a Geological Integral Study. |
Second |
18 months |
200 UTE or to acquire 200 km of 2D seismic lines. |
Third |
18 months |
240 UTE or drilling a wild cat. |
Fourth |
15 months |
320 UTE or drilling a wild cat. |
Fifth |
15 months |
250 UTE or drilling a wild cat. |
BLOCK COORDINATES – DATUM: PSAD 56 |
|
GEOGRAPHIC |
PLANE U.T.M. |
Point |
South Latitude |
West Longitude |
North Mts |
East Mts |
Est. Pucallpa (PR) |
08°22’24”378 |
74°31’29”761 |
9'074,375.668 |
552,305.825 |
95 (PP) |
08°19’33”033 |
74°54’33”067 |
9’079,668.049 |
510,000.000 |
92 |
08°19’32”563 |
75°20’04”163 |
9’079,668.049 |
463,167.700 |
78 |
07°58’01”873 |
75°20’03”092 |
9’119,304.980 |
463,167.700 |
76 |
07°58’00”137 |
75°42’54”928 |
9’119,304.980 |
421,167.700 |
75 |
07°54’41”381 |
75°42’54”584 |
9’125,409.050 |
421,167.700 |
57 |
07°38’21”855 |
75°39’18”436 |
9’155,501.920 |
427,739.790 |
51 |
07°31’37”367 |
75°39’17”824 |
9’167,923.980 |
427,739.790 |
44 |
07°25’28”134 |
75°42’54”188 |
9’179,252.990 |
421,090.160 |
25 |
07°09’52”712 |
75°35’19”217 |
9’208,000.000 |
435,000.000 |
6 |
07°02’17”751 |
75°19’33”414 |
9’222,000.000 |
464,000.000 |
1 |
07°00’01”800 |
75°19’33”319 |
9’226,174.810 |
464,000.000 |
2 |
07°00’02”041 |
75°12’28”844 |
9’226,174.810 |
477,023.910 |
16 |
07°07’31”439 |
75°12’29”045 |
9’212,374.690 |
477,023.910 |
17 |
07°07’31”502 |
75°09’52”559 |
9’212,374.690 |
481,823.950 |
15 |
07°06’06”540 |
75°09’52”529 |
9’214,983.710 |
481,823.950 |
9 |
07°04’19”412 |
75°07’29”061 |
9’218,274.740 |
486,223.990 |
8 |
07°03’53”371 |
75°07’29”054 |
9’219,074.401 |
486,223.990 |
7 |
07°03’53”327 |
75°09’52”481 |
9’219,074.401 |
481,823.950 |
3 |
07°00’02”103 |
75°09’52”400 |
9’226,174.810 |
481,823.950 |
5 |
07°00’02”135 |
74°51’48”811 |
9’226,174.810 |
515,070.670 |
27 |
07°11’17”546 |
74°51’48”613 |
9’205,434.320 |
515,070.670 |
26 |
07°11’17”619 |
74°59’41”393 |
9’205,434.320 |
500,570.670 |
34 |
07°17’09”481 |
74°59’41”389 |
9’194,629.320 |
500,570.670 |
33 |
07°17’09”452 |
75°05’10”358 |
9’194,629.320 |
490,483.464 |
49 |
07°30’31”493 |
75°05’10”514 |
9’170,000.000 |
490,483.464 |
50 |
07°30’31”524 |
75°00’00”000 |
9’170,000.000 |
500,000.000 |
62 |
07°41’22”808 |
75°00’00”000 |
9’150,000.000 |
500,000.000 |
64 |
07°41’22”774 |
74°54’33”573 |
9’150,000.000 |
510,000.000 |
Extension = 960,489.984 ha
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BLOCK120 – UCAYALI BASIN - AMERADA HESS
Approved by the Board of Directors: December 15, 2005.
Supreme Decree issued: March 22, 2006.
Subscribed: May 04, 200
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
18 months |
30 UTE: Reprocessing 500 km. 2D seismic lines and a Geological Integral Study. |
Second |
18 months |
200 UTE or to acquire 200 km of 2D seismic lines. |
Third |
18 months |
240 UTE or drilling a wild cat. |
Fourth |
15 months |
320 UTE or drilling a wild cat. |
Fifth |
15 months |
250 UTE or drilling a wild cat. |
BLOCK COORDINATES – DATUM: PSAD 56 |
|
GEOGRAPHIC
|
PLANE U.T.M. |
Point |
South Latitude |
West Longitude |
North Mts |
East Mts |
Est. Pucallpa (PR) |
08°22’24”378 |
74°31’29”761 |
9'074,375.668 |
552,305.825 |
80 (PP) |
08°29’58”910 |
74°16’16”079 |
9’060,373.232 |
580,224.957 |
94 |
08°38’07”311 |
74°16’15”149 |
9’045,373.232 |
580,224.957 |
93 |
08°38’08”400 |
74°27’09”498 |
9’045,373.232 |
560,224.957 |
106 |
08°44’52”474 |
74°27’08”912 |
9’032,963.462 |
560,224.957 |
101 |
08°44’53”366 |
75°20’05”487 |
9’032,963.462 |
463,167.700 |
48 |
08°19’32”563 |
75°20’04”163 |
9’079,668.049 |
463,167.700 |
49 |
08°19’32”719 |
75°16’40”411 |
9’079,668.049 |
469,400.000 |
69 |
08°25’37”421 |
75°16’40”670 |
9’068,468.050 |
469,400.000 |
68 |
08°25’37”348 |
75°18’18”774 |
9’068,468.050 |
466,400.000 |
83 |
08°30’56”459 |
75°18’19”025 |
9’058,668.050 |
466,400.000 |
84 |
08°30’56”574 |
75°15’42”023 |
9’058,668.050 |
471,200.000 |
78 |
08°29’18”886 |
75°15’41”956 |
9’061,668.050 |
471,200.000 |
79 |
08°29’18”949 |
75°14’03”836 |
9’061,668.050 |
474,200.000 |
70 |
08°26’36”136 |
75°14’03”738 |
9’066,668.050 |
474,200.000 |
71 |
08°26’36”173 |
75°12’58”332 |
9’066,668.050 |
476,200.000 |
62 |
08°24’42”204 |
75°12’58”269 |
9’070,168.050 |
476,200.000 |
63 |
08°24’42”222 |
75°12’25”569 |
9’070,168.050 |
477,200.000 |
60 |
08°23’53”377 |
75°12’25”543 |
9’071,668.050 |
477,200.000 |
61 |
08°23’53”397 |
75°11’46”304 |
9’071,668.050 |
478,400.000 |
50 |
08°19’32”895 |
75°11’46”174 |
9’079,668.049 |
478,400.000 |
52 |
08°19’33”033 |
74°54’33”067 |
9’079,668.049 |
510,000.000 |
1 |
07°44’05”594 |
74°54’33”539 |
9’145,000.000 |
510,000.000 |
2 |
07°44’05”412 |
74°46’23”850 |
9’145,000.000 |
525,000.000 |
5 |
07°52’13”867 |
74°46’23”517 |
9’130,000.000 |
525,000.000 |
6 |
07°52’13”523 |
74°38’13”745 |
9’130,000.000 |
540,000.000 |
11 |
07°57’39”154 |
74°38’13”460 |
9’120,000.000 |
540,000.000 |
13 |
07°57’37”740 |
74°19’24”688 |
9’120,000.000 |
574,558.860 |
14 |
08°00’13”313 |
74°19’24”432 |
9’115,222.180 |
574,558.860 |
15 |
08°00’12”737 |
74°13’55”561 |
9’115,222.180 |
584,627.010 |
27 |
08°06’50”865 |
74°13’54”810 |
9’102,994.870 |
584,627.010 |
28 |
08°06’50”317 |
74°09’18”071 |
9’102,994.870 |
593,097.060 |
35 |
08°12’40”851 |
74°09’17”334 |
9’092,229.030 |
593,097.060 |
37 |
08°12’38”991 |
73°56’12”639 |
9’092,229.030 |
617,109.047 |
82 |
08°29’56”133 |
73°56’09”830 |
9’060,373.232 |
617,109.047 |
Extension = 975,022.977 ha
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BLOCK XXI – SECHURA BASIN – GOLD OIL PLC.
Contract approved by the Board of Directors: December 15, 2005.
Supreme Decree issued: April 19, 2006
Subscribed: May 04, 2006
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
15 months |
60 UTE or Acquisition, processing and interpretation of 120km 2D seismic lines |
Second |
15 months |
80 UTE or drilling a wild cat. |
Third |
18 months |
80 UTE or drilling a wild cat. |
Fourth |
18 months |
80 UTE or drilling a wild cat. |
Fifth |
18 months |
80 UTE or drilling a wild cat. |
BLOCK COORDINATES – DATUM: PSAD 56 |
|
GEOGRAPHIC
|
PLANE U.T.M. |
Point |
South Latitude |
West Longitude |
North Mts |
East Mts |
Est. Cruz de Caña (PR) |
05°07’32”035 |
80°20’36”772 |
9'433,412.406 |
572,761.000 |
5 o (PP) |
05°03’57”400 |
80°18’51”804 |
9’440,000.000 |
576,000.000 |
94 |
05°57’39”894 |
80°18’48”103 |
9’341,043.000 |
576,000.000 |
92 |
05°57’40”474 |
80°27’28”485 |
9’341,043.000 |
560,000.000 |
86 |
05°52’48”789 |
80°27’28”769 |
9’350,000.000 |
560,000.000 |
85 |
05°52’48”940 |
80°30’11”367 |
9’350,000.000 |
555,000.000 |
72 |
05°41’57”632 |
80°30’11”936 |
9’370,000.000 |
555,000.000 |
71 |
05°41’57”887 |
80°35’37”032 |
9’370,000.000 |
545,000.000 |
62 |
05°36’32”227 |
80°35’37”260 |
9’380,000.000 |
545,000.000 |
61 |
05°36’32”334 |
80°38’19”784 |
9’380,000.000 |
540,000.000 |
1 |
05°03’58”345 |
80°38’20”927 |
9’440,000.000 |
540,000.000 |
Extension = 303,331.200 ha
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BLOCK 117 – MARAÑON BASIN – PETROBRAS ENERGIA PERU S.A.
Approved by the Board of Directors: January 11, 2006.
Supreme Decree issued: March 22, 2006
Subscribed: May 16, 2006 .
WORK COMMITMENT |
Period |
Duration |
Commitment |
First |
12 months |
20 UTE or Geological and Geophysical studies. |
Second |
24 months |
550 UTE or to acquire, process and interpret 550 km of 2D seismic lines. |
Third |
24 months |
280 UTE or drilling a wild cat. |
Fourth |
24 months |
280 UTE or drilling a wild cat. |
BLOCK COORDINATES – DATUM: PSAD 56 |
|
GEOGRAPHIC
|
PLANE U.T.M. |
Point |
South Latitude |
West Longitude |
North Mts |
East Mts |
Est. Chambira (PR) |
01°53’33”775 |
75°00’20”447 |
9'790,795.050 |
499,368.306 |
96 (PP) |
01°32’16”858 |
75°10’06”191 |
9'830,000.000 |
481,268.750 |
|
| |
