Current Operations

Together, the two licences cover a combined area of 5,331 km² and are located within a proven offshore oil province with established export routes and supportive fiscal terms.

Key highlights

• Four discoveries across the licences, including the Iguega field, which tested at 3,300 barrels of oil per day
• Data-rich assets with substantial 3D seismic coverage
• Significant exploration potential in both pre-salt and post-salt plays
• A combined licence area of 5,331 km²
• Established offshore infrastructure and export routes
• Supportive fiscal terms within a proven oil-producing region