Chile: GeoPark to explore areas on trend with Fell block

By OGJ editors

Chile’s state ENAP has chosen GeoPark Holdings Ltd. as its partner to explore three oil and gas blocks on Tierra del Fuego.

GeoPark has been awarded 50% participation in the Campanario and Flamenco blocks and a 60% stake in the Isla Norte block.

GeoPark will operate the three blocks and carry ENAP during the initial exploration period. ENAP and GeoPark have jointly requested from the Chilean government a special petroleum operations contract with respect to each of the blocks.

GeoPark had proposed to invest at least $101 million over 3 years and execute an aggressive exploration and development program on the blocks, which total 414,400 acres and are geologically contiguous with the Fell block, where GeoPark has successfully built a production and reserve base.

Related Articles

Lundin completes appraisal wells for Johan Sverdrup

03/28/2014 Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has completed Johan Sverdrup appraisal wells 16/3-8 S and 16/3-8 S T2 in the ea...

Kentucky: Daybreak begins 2014 drilling campaign

03/28/2014 Daybreak Oil & Gas Inc., Spokane, Wash., has drilled the first well in its 20-well development drilling program for the 2014-15 fiscal year at ...

BLM seeks comments on Noble’s proposed Nevada gas exploration

03/27/2014 The US Bureau of Land Management is seeking comments on Noble Energy Inc.’s proposed natural gas exploration drilling on leases it holds in the Tab...

Kansas-Missouri heavy oil area draws new operator

03/26/2014 Worthington Energy Inc., San Francisco, said it will attempt to recover heavy oil on the Barr Cattle Co. lease near Chetopa in southeastern Kansas.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected