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TiticacaBasinBlock105Peru,SouthAmerica

LatestinformationfortheTiticacaBasinBlock105

ProjectProfile
Value:unknown
Location:TiticacaBasin,SouthernPeru
Area:Unknown
Reserves:29.6millionbarrels
Production:Unknown
Depth:Unknown
StartupYear:2016

Block105islocatedintheTiticacaBasininSouthernPeru.TheInitialonshoreprospectiveresourceisexpectedtoamountto29.6millionbarrels.Anew2Dseismicwillaim
todefinemajornewtargetsanddrillingisplannedforthe4Qof2015.Oilseepsamplinghasidentifiedthepresenceofaworkinghydrocarbonsystemattheblockandhistoric
productionhasincludedthePirinfieldwhichproducedover300,000barrelsofoilinthe1900s.AntillesOilandGasistheoperatoroftheprojectandfarmedout50%ofits
acreagepositioninSeptember2015toUnionGroup.ThishasnowloweredtheoperatorsriskandexposureasUnionGroupwillfund75%ofthewelltobedrilledin2016up
toacapofUS$3million.Theprojectisclosetolocalinfrastructureincludingamajorrailroad,raillinkandtheSouthPeruGasPipelineProjectdueforcompletionin2019.

Operators:

AntillesOilandGas:Operatorwith50%interest

UnionGroup:50%interest

Contractors:

Subcontractors:

ProjectInformation

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Projectclassification
Completion date: 2016

STATUS: CATEGORY: ON/OFFSHORE:

UPSTREAM APPRAISAL EXPLORATION DRILLING ONSHORE

Projectoperators

AntillesOilandGas
Suite 2316, Level 23, HWT Towers
Southbank
Melbourne
VIC 3006
Australia

CONTACT

Telephone:(03)96740413
Web:http://www.antillesoilandgas.com.au
Email:info@antillesoilandgas.com.au

UnionGroup
Av. Del Pinar 124,
Chacarilla, Surco
Lima 033
Peru

CONTACT

Telephone:+5113724116
Web:http://www.uniongrp.com

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Projectmaincontractors
Nomaincontractorslisted

Projectsubcontractors
Nosubcontractorslisted

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Projectnotes

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