As of 17 April 2020, Petroperu as future operator of Block 192 continues to seek a partner to take a 60% working interest in block located onshore in the Maranon Basin. Fontera Energy currently operates the block and has been in discussions with Petroperu to become the partner however a decision has not been made by the state company who may be talking to other interested companies. Fontera continues to operate the block under a temporary agreement.  In November 2018, Peruâs congress approved a bill which gives Petroperu the right through direct negotiations to sign a hydrocarbon production contract for onshore Block 192 in the Maranon Basin of the Loreto area. The bill also gives Petroperu the option to allow a NOC to participate as a partner or operate the contract. Fontera Energy is currently the operator of the block under a temporary contract which expired on 10 June 2019 but has been extended multiple time since.  The 5,126 sq km block was awarded to Pacific Stratus International Energy Ltd on 30 August 2015 and was originally set to expire on 31 August 2017.The company was required to drill 6 production wells over the two-year contract, and must maintain a number of producing wells greater than or equal to the average number of producing wells registered in the 12 months prior to the contract effective date. The block was suspended under force major from March 2016, the suspension was lifted in September 2018.
Perupetro SA seeking partner for Block 192 in Maranon Basin