Key Advantages

  • Have an Independent Peruvian Engineer’s Technical Report that qualifies and quantified the assets.
  • Deposits contain conventional/shale Oil & Gas.
  • Central Location is strategically located near to major waterways, roads with great capacity for power generation and to a major centre providing logistical advantage to the entire South Pacific Region.
  • Close to major city – available workforce.
  • Block 19 has approximately 3 million acres under lease.
  • Peruvian Royalty payments are on a low percentage until the CAPX has been paid back, whereafter it will be competitive to North American Royalty Payments.
  • Production cost is expected to be competitive to North American standards.
  • 0.1% overburden.
  • Reclamation cost is expected to be low.
  • No tailings or contaminated stock piles.
  • Have Government and Municipality support.