CPO 11, 2,588 sq km in the Llanos Basin, Parex Resources has agreed with Hupecol Meta to farm-in for a 50% operated interest, which will involve paying 100% of 2 expl wells and 108km of 2D seismic, for a total investment of USD 13 million. Anacaona-1 expl well to spud by end-year.
Parex Resources has agreed with Hupecol Meta to farm-in for a 50% operated interest in CPO 11 block, (2588kmÂ²).