Project Profile
Location: Northwest of the Camisea natural gas and condensate field, Ucayali basin, Peru
Area: 1.12mn net acres
Resources: 252 mmboe (unrisked)
Start-up Year: -
Gran Tierra, is the owner and operator of the block with 100% interest and is currently conducting seismic surveys of the site. The Ucayali basin is found northwest of the Camisea natural gas and condensate field. Gran Tierra Energy Inc. bought the block as it has entered into an Arrangement Agreement to acquire all the issued and outstanding shares and warrants of Petrolifera Petroleum Limited, the company previously holding this area. Numerous leads and prospects have been identified on this acreage with indications the region has proven petroleum systems generating light crude oil and natural gas, with evidence of reservoir quality sandstones.
Operators:
Gran Tierra Energy Inc.: Operator with 100% interest