Although a 6-month extension has recently been granted to Frontera's 5,126-sq km block 192 service contract which now runs to 1 Sep '20, Perupetro, as future optr, is already looking to farmout the contact, 60% to be available. Frontera may be one possible suitor, as talks to this intent have already taken place.   Force majeure had recently however once more been declared and accepted by Perupetro as a result of a community blockade. The FM period will be added to the end of the contract, but it is uncertain when it will be lifted. So far 2020 production from the block has averaged 7,100 bo/d. Block 192 lies in the MaraÃ±on Basin on the Ecuadorian border, Loreto.
Although a 6-month extension has recently been granted to Frontera's 5,126-sq km block 192 service contract which now runs to 1 Sep '20, Perupetro, as future optr, is already looking to farmout the contact, 60% to be available. 