Farmin Opportunities

Peru Project 2

Ucayali Basin - Block 138

Peru Project 1

Marañon Basin - Block 135

Farmin Opportunities

Block 135 covers a total area of 1,020,390 ha in the Southeast of the Maraňon basin. The well Bretaňa-1 drilled in 1975 in block 95, northern limit with block 135, tested 800 bopd of 18 ºAPI from the Cretaceous Vivian Formation.

Two main plays has been identified: a Cretaceous structure and an upside represented by the possible presence of a Paleozoic basin in the northeast. 704 km of 2D seismic is planned to be acquired in 2012.

Block 138 covers an area of 414,220 ha; located in NE Ucayali basin. 1083 km of 2D seismic exist in the block, including 714 km of modern 2D seismic acquired in 2011; 6 Prospects has been identified in the Cretaceous and Paleozoic; one exploration well is planned to be drilled up to a total depth of 10700ft this year.

Recoverable oil volume as prospective resources of 349 MMBO has been certificated by Petrotech Engineering Ltd.

The Ucayali basin extends 650 km in length from the Marañon to the Madre de Dios Basins and 250 km in width from the FTB tobeyond the Brazilian border. A 5,000+m thick Paleozoic to Recent ages was deposited overlying Basement. The dominant structural form is major basement-involved thrusting, mainly along reactivated Paleozoic normal faults and detached thin-skinned thrusts along its western margin.

The Marañon Basin is the southern extent of the Putumayo-Oriente-Marañon Basin, which extends over Colombia, Ecuador, and Peru . The Putumayo-Oriente-Marañon Basin covers over 400,000 square kilometres and has produced over 2.88 billion barrels of oil and 660 Bcf of gas in the Cretaceous and Tertiary sandstones. The estimated recoverable oil is 6.62 billion barrels of oil or 6.89 billion barrels of oil equivalent in oil/gas/condensate pertaining only the Cretaceous and Tertiary.

Here we would like to introduce a couple of oil investment opportunities on exploration and developmenet, on two fields allocated in the Peruvian, jungle in frontier with Brazil.

For more information contact us at: alfonsobarreda@gmail.com