Project Profile
Location: Mendoza Province, Argentina
Recoverable resources: 400 million boe
Start-up Year: -
The Mendoza province in western Argentina has granted Phoenix Global Resources permits to drill five wells in the Puesto Rojas block in the Vaca Muerta formation.
The operator has already completed a 3D seismic acquisition survey over 59,000 acres of south Puesto Rojas and La Brea. There are up to nine unconventional wells planned in the Puesto Rojas area, including one horizontal well in the fourth quarter of 2018.
Phoenix Global Resources owns 794 thousand net acres of concessions in the Neuquén Basin and have been actively working in the area since February 2006.
Operators:
Phoenix Global Resources: Operator with 100% interest