Winner of the Tender for the Ichalkil – Pokoch fields

September 30, 2015

The Proposal Presentation and Opening Ceremony was held, in which Fieldwood Energy LLC in consortium with Petrobal S.A.P.I. was declared the winning bidder for Contractual Area 4. of C.V. where 74.0% of operating profit was offered for the State. Contractual Area number 4 is located in the oil province called Cuencas del Sureste, this area covers 58 km2 and includes 2 fields: Ichalkil and Pokoch; These fields contain 2P reserves of 68 million barrels of light oil and 92 billion cubic feet of gas. 45 meter water depth.