Project Profile
Location: Chaco-Paranaense basin, Itapua district, southeast Paraguay
Area: 825,000 acre
Start-up Year: -
Andes Energia has been awarded a shale-prospective exploration permit in the Itapua district of southeast Paraguay. The explorer gained the Capitan Mesa block in a 50/50 venture with Delaware corporation Integra Natural Resources. The 825,000 acre block lies in the Chaco-Paranaense basin where the explorer already holds the Repatriacion permit.
Operators:
Andes Energia: Operator with 50% interest (exited Paraguay in 2016)
Integra Natural Resources: 50% interest