Further to last yearâs reports (ref. DEA 19 Nov â18) and a 2016 cooperation agreement, Equinor has signed with YPF to jointly explore deepwater block CAN-100 (former block E-1), which covers 14,770 sq km in WD 500-4,000m in frontier northern waters / Colorado Basin. YPF will transfer 50% to Equinor and the first 4-year expl period began in May â19. The companies are already teaming up in the CAN-102 and 114 blocks from the countryâs 1st offshore round (ref. DEA 17 Apr â19).
Equinor had entered into an agreement with YPF (->50%) to acquire 50 non-op. WI in E-1 (CAN 100) offshore block. 