Amerisur has agreed to farm-out a 50% stake in 4 blocks to Oxy in the Putumayo Basin, namely: PUT-9 (491 sq km), Mecaya (300 sq km, just taken over), Terecay (2,372 sq km) + Tacacho (2,383 sq km). Oxy will fund a USD 93.25 MM explo/appraisal programme between 2019-2021, plans including 878 km of 2D seismic + 5 explo wells. Amerisur will retain operatorship and 50%.
Amerisur has agreed to farm-out a 50% stake in 4 blocks to Oxy in the Putumayo Basin, namely: PUT-9 (491 sq km), Mecaya (300 sq km, just taken over), Terecay (2,372 sq km) + Tacacho (2,383 sq km). Oxy will fund a USD 93.25 MM explo/appraisal programme between 2019-2021, plans including 878 km of 2D seismic + 5 explo wells. Amerisur will retain operatorship and 50%.