A purchase + sale agreement reached 1 Apr â17 for the acquisition of block 1-2006 PSC from City Peten has been terminated. The 395-sq km block 1-2006 lies in the Chapayal Basin, the cash-and-share deal had been costed at USD 58.13 MM. City was also to grant Oronova the right to acquire up to 100% in adjacent block 1-2011 (Yalcanix), 1,527 sq km:  
Guatemala, 1-2011