Parex has agreed to acquire a 50% stake from Hupecol in the CPO 11 block, 2,588 sq km in the Llanos Basin. The deal is in exchange for Parex to acquire 108km of 2D seismic and fund 2 planned explo wells. Anacaona-1 nfw, target Guadalupe fm, is planned in 4Q â18.
Parex Resources has agreed with Hupecol Meta to farm-in for a 50% operated interest in CPO 11 block, (2588kmÂ²).